Myriad Insurance Brokers Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2018.
2018 Mumbai, Maharashtra, India Active
Last Updated:
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About Myriad Insurance Brokers Limited

Myriad Insurance Brokers Limited, a active public limited company, was established on 24 April 2018 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66030MH2018PLC308509. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.78 Cr.

Its leadership includes Pradip Bhaichand Mehta (Director), Atul Prataprai Mehta (Director), Bhavesh Jagdish Dadia (Managing Director). Past directors included Harsha Vikram Jain, Atul Prataprai Mehta, Ronak Dinesh Sejpal. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No. 506, Ashirvad Building, Ahmedabad Street,, Mumbai, Maharashtra, 400009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U66030MH2018PLC308509

  • Registration Number

    308509

  • Incorporation Date

    24 April 2018

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹1.78 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.78 Cr
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 27.27%
  • Profit Growth **** -36.24%
  • Ebitda **** -24.69%
  • Net Worth 1.03%
  • Total Assets -1.87%
Company report

Myriad Insurance Brokers Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Myriad Insurance Brokers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Myriad Insurance Brokers Limited?
Current Directors
Name Designation Appointment Date Status
Pradip Bhaichand Mehta Director 30 Apr 2024 Current
Atul Prataprai Mehta Director 30 Apr 2024 Current
Bhavesh Jagdish Dadia Managing Director 04 Feb 2021 Current
Lalit Girdharlal Dadia Director 10 Oct 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Ceo 05 Feb 2024 Past
Pramod Abcsdd Director 10 Oct 2024 Past
Pramod Abcsdd Director 30 Apr 2024 Past
Pramod Abcsdd Additional Director 31 Dec 2019 Past
Pramod Abcsdd Director 12 Jul 2018 Past
Pramod Abcsdd Director 04 Jan 2019 Past

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Financial Performance of Myriad Insurance Brokers.

Myriad Insurance Brokers Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 27.27% increase. The company also saw a substantial fall in profitability, with a 36.24% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.

Myriad Insurance Brokers revenue growth over time
Myriad Insurance Brokers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 27.27%
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*******
*******
*******
Revenue from Operations
*******
 48450.74%
*******
*******
*******
*******
Total Assets
*******
 -1.87%
*******
*******
*******
*******
Profit or Loss
*******
 -36.24%
*******
*******
*******
*******
Net Worth
*******
 1.03%
*******
*******
*******
*******
EBITDA
*******
 -24.69%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Myriad Insurance Brokers?

In 2021, Myriad Insurance Brokers had a promoter holding of 80.90% and a public holding of 19.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Myriad Insurance Brokers?

Unlock and access historical data on people associated with Myriad Insurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Myriad Insurance Brokers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Myriad Insurance Brokers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Myriad Insurance Brokers
Recent Activity within the Organization
  • Director Appointment

    Lalit Girdharlal Dadia was appointed as a Director was appointed as a Director on 10 Oct 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.

  • Annual General Meeting

    Myriad Insurance Brokers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Pradip Bhaichand Mehta was appointed as a Director was appointed as a Director on 30 Apr 2024 & has been associated with this company since 1 year 9 months . was completed.

  • Director Appointment

    Progress on Atul Prataprai Mehta was appointed as a Director was appointed as a Director on 30 Apr 2024 & has been associated with this company since 1 year 9 months . was documented.

  • Balance Sheet

    Progress on Myriad Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    Progress on Bhavesh Jagdish Dadia was appointed as a CEO was appointed as a CEO on 04 Feb 2021 & has been associated with this company since 5 years 14 days . was documented.

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Frequently Asked Questions
What is the CIN of Myriad Insurance Brokers Limited?

The CIN of Myriad Insurance Brokers Limited is U66030MH2018PLC308509.

Where is Myriad Insurance Brokers Limited headquartered?

Myriad Insurance Brokers Limited is headquartered at Office No. 506, Ashirvad Building, Ahmedabad Street,, Mumbai, Maharashtra, 400009.

When was Myriad Insurance Brokers Limited incorporated?

Myriad Insurance Brokers Limited was incorporated on 24 April 2018.

Who are the current directors of Myriad Insurance Brokers Limited?

The current directors of Myriad Insurance Brokers Limited are

What is the primary industry of Myriad Insurance Brokers Limited?

The primary industry of Myriad Insurance Brokers Limited is Financial And Insurance Service.

Is Myriad Insurance Brokers Limited a listed company?

Myriad Insurance Brokers Limited is unlisted.

What is the capital structure of Myriad Insurance Brokers Limited?

The authorized capital of Myriad Insurance Brokers Limited is ₹3.00 Cr, and the paid-up capital is ₹1.78 Cr.

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