About Prudent Insurance Brokers Private Limited
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Prudent Insurance Brokers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 29 June 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1982PTC027681. Its GSTIN is 27AABCA1345C1ZB (Maharashtra). The company holds 15 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.45 Cr. It was formerly known as Apple Estates & Consultants Private Limited. It is led by directors including Gurpalsingh Ajitsingh Dhingra (Managing Director) and Pavanjitsingh Dhingra (Managing Director).
Its last annual general meeting (AGM) was held on 21 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1st Floor Tower B Peninsula Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹630 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹58.77 Cr (net margin 9.3%) and EBITDA of ₹97.06 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 27% over five years.
The company has about 1,509 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prudent Insurance Brokers Ind. As per MCA filings, the company has open charges of ₹89.64 Cr and satisfied charges of ₹14.94 Cr on record. Court records list 20 cases involving the company, including 7 filed by the company and 13 filed against it; 8 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹7.5 Lakh; the latest was in April 2022. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 16 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prudentbrokers.com.
Company details
Contact details
Prudent Insurance Brokers Private Limited's registered office is in Mumbai, Maharashtra. Its website is prudentbrokers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Tower B Peninsula Business Park, G.K. Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Prudent Insurance Brokers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Prudent Insurance Brokers operates one associated brand: Prudent Insurance Brokers Ind. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insurance brokering services are provided by Prudent in various sectors across India. | prudentbrokers.com |
Business activity
The main business activity of Prudent Insurance Brokers is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Prudent Insurance Brokers Private Limited, buy the company report.
Financials of Prudent Insurance Brokers Private Limited
FY 2026 filings availablePrudent Insurance Brokers Private Limited reported revenue of ₹630 Cr (up 26% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 26% growth in the latest year. EBITDA rose 77% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹630 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.77 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prudent Insurance Brokers Private Limited, buy the company report.
Board of directors of Prudent Insurance Brokers Private Limited
Prudent Insurance Brokers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surjit Singh Dhingra Also directs: Govind Compuserve LLP, Verde Developers Private Limited, Triad Resorts and Hotels Private Limited and 3 more | Whole-Time Director | 29 Jun 1982 | 44 Years 4 Months | Current |
| Gurpalsingh Ajitsingh Dhingra Also directs: Verde Developers Private Limited, Triad Resorts and Hotels Private Limited, Aparanta Nirman Private Limited and 2 more | Managing Director | 18 Jun 2007 | 19 Years 4 Months | Current |
| Pavanjitsingh Dhingra Also directs: Nanak Compuserve LLP, Angad Compuserve LLP, Insure Finance Capital Private Limited and 2 more | Managing Director | 18 Jun 2007 | 19 Years 4 Months | Current |
| Ajit Singh Kartar Singh Dhingra | Whole-Time Director | 14 May 2007 | 19 Years 5 Months | Current |
Auditor
Prudent Insurance Brokers Private Limited is audited by Singhi & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co | FY 2026 | 302049E |
Shareholding
The shareholding of Prudent Insurance Brokers Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prudent Insurance Brokers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2026 | 101411341 | Others | ₹80 Lakh | Open | |
| 11 Sep 2026 | 101389098 | Hdfc Bank Limited | ₹31.63 Lakh | Open | |
| 10 Sep 2026 | 101386229 | Hdfc Bank Limited | ₹59.61 Lakh | Open | |
| 30 Jul 2026 | 101383470 | Hdfc Bank Limited | ₹25.66 Lakh | Open | |
| 16 May 2026 | 101344346 | Hdfc Bank Limited | ₹9.92 Lakh | Open |
To see the full charge records of Prudent Insurance Brokers Private Limited, buy the company report.
Total charge records: 74 View all charges
Deals & funding
Prudent Insurance Brokers Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹7.5 Lakh; the latest was in April 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
| Aug 2013 | Funding round | ₹7.5 Lakh | Investors: an individual |
To see the full deal history of Prudent Insurance Brokers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prudent Insurance Brokers Private Limited has 20 court cases on record: 7 filed by Prudent Insurance Brokers, 13 filed against it. 8 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 7 | 4 |
| High courts | 9 | 6 | 4 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Royal Sundaram Alliance Insurance Company Ltd. and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/S. Auto Splash Private Limited and 3 others | Pending |
| High Court | Appeal | Filed against the company by Omr Mall Developers Private Limited, | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Omr Mall Developers Private Limited and 2 Others and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Uib Insurance Brokers India Private Limited and 3 others | Disposed |
To see the full case history of Prudent Insurance Brokers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Prudent Insurance Brokers Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 16 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Manupatra Information Solutions Private Limited | |||
| Network Techlab (India) Limited | |||
| S S Enterprises | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Prudent Insurance Brokers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Prudent Insurance Brokers Private Limited has a workforce of 1,509 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,509 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Prudent Insurance Brokers Private Limited, buy the company report.
GST
Prudent Insurance Brokers has 15 GST registrations: 11 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA1345C1ZB | Maharashtra | Active | 01 Jul 2017 |
| 27AABCA1345C2ZA | Maharashtra | Active | 22 Sep 2017 |
| 06AABCA1345C1ZF | Haryana | Active | 01 Jul 2017 |
| 29AABCA1345C1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prudent Insurance Brokers Private Limited, buy the company report.
Recent activity
Prudent Insurance Brokers Private Limited has 8 board changes on record since 1982: 6 appointments and 2 cessations. The latest: Ajit Singh Horra ceased to be Director on 28 Jun 2024.
98 earlier events are in the company report.
Frequently asked questions
Prudent Insurance Brokers is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 29 June 1982 (44+ years old) and is registered under CIN U70100MH1982PTC027681.
Prudent Insurance Brokers has 4 current directors:
- Gurpalsingh Ajitsingh Dhingra - Managing Director
- Pavanjitsingh Dhingra - Managing Director
- Surjit Singh Dhingra - Whole-Time Director
- Ajit Singh Kartar Singh Dhingra - Whole-Time Director
The latest financial statements of Prudent Insurance Brokers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Prudent Insurance Brokers is 27AABCA1345C1ZB, registered in Maharashtra. The company has 15 GST registrations in all, of which 11 are active and 4 are cancelled or inactive. Other active GSTINs include 27AABCA1345C2ZA (Maharashtra), 06AABCA1345C1ZF (Haryana), 29AABCA1345C1Z7 (Karnataka).
The CIN (Corporate Identification Number) of Prudent Insurance Brokers is U70100MH1982PTC027681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prudent Insurance Brokers has 20 court cases on record: 7 filed by the company and 13 filed against it. 8 are pending. Most are in the district courts.
Prudent Insurance Brokers was incorporated on 29 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Prudent Insurance Brokers has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹7.5 Lakh; the latest was in April 2022.
Ajit Singh Horra ceased to be Director on 28 Jun 2024. Ajit Singh Horra was appointed as Director on 01 Apr 2022. Shannu Vinayak Chaturvedi ceased to be Company Secretary on 26 Jun 2019. Prudent Insurance Brokers has 8 board changes on record in total.
Prudent Insurance Brokers has 12 MSME Form 1 returns on record between 2019 and 2023, listing 16 overdue payments to 10 micro and small suppliers. The latest return was filed on 06 Nov 2023.
Prudent Insurance Brokers can be reached through the website prudentbrokers.com. Its registered office is in Mumbai, Maharashtra, India.
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