Palm Insurance Brokers Private Limited - Company Profile

It is a financial services private limited company based in New Delhi, Delhi, India, established in 1991.
1991 New Delhi, Delhi, India Active
Last Updated:
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About Palm Insurance Brokers Private Limited

Palm Insurance Brokers Private Limited, a active private limited company, was established on 07 November 1991 in New Delhi, Delhi, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U67200DL1991PTC046325. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.25 Cr.

Formerly known as Palm Insurance Brokerage Private Limited. It upholds a compliant status. Employing 25 professional, Its leadership includes Kunal Verma (Director), Anand Kumar Verma (Managing Director), Mala Verma (Director). Past directors included Ranjan Banerjee, Manisha Kaur, Deepak Khosla. It holds ₹9.18 M open charges and no settled loans. Its latest AGM occurred on 22 August 2025, with the balance sheet filed on 31 March 2025. It is based at S-25, 2Nd Floor, Panchsheel Park,, New Delhi, Delhi, 110017.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U70200DL1991PTC046325

  • Registration Number

    046325

  • Incorporation Date

    07 November 1991

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.25 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 9.18 M
  • Revenue Growth **** 17.51%
  • Profit Growth **** -94.24%
  • Ebitda **** -84.81%
  • Net Worth 2.43%
  • Total Assets **** 6.94%
Company report

Palm Insurance Brokers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palm Insurance Brokers Private 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 Palm Insurance Brokers Private Limited?
Current Directors
Name Designation Appointment Date Status
Kunal Verma Director 14 Nov 2022 Current
Anand Kumar Verma Managing Director 07 Nov 1991 Current
Mala Verma Director 22 Sep 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Feb 2013 Past
Pramod Abcsdd Director 30 Aug 2022 Past
Pramod Abcsdd Director 01 Dec 2012 Past
Pramod Abcsdd Director 11 Sep 2023 Past
Pramod Abcsdd Director 30 Aug 2022 Past
Pramod Abcsdd Director 30 May 2011 Past

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Financial Performance of Palm Insurance Brokers.

Palm Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.51% increase. The company also saw a substantial fall in profitability, with a 94.24% decrease in profit. The company's net worth moved up by a moderate rise of 2.43%.

Palm Insurance Brokers revenue growth over time
Palm 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
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 17.51%
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*******
*******
Revenue from Operations
*******
 19.62%
*******
*******
*******
*******
Total Assets
*******
 6.94%
*******
*******
*******
*******
Profit or Loss
*******
 -94.24%
*******
*******
*******
*******
Net Worth
*******
 2.43%
*******
*******
*******
*******
EBITDA
*******
 -84.81%
*******
*******
*******
*******

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

In 2023, Palm Insurance Brokers had a public holding of 12.00%. 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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Charges (Loans)
Open Charges

₹9,180,540.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.92 Cr
Latest Charge Details
Date Lender Amount Status
16 Jun 2025 Others ₹3.00 M Open
28 Jun 2022 Others ₹6.18 M Open

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How Many Employees Work at Palm Insurance Brokers?

Palm Insurance Brokers has a workforce of 25 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Palm 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 Palm 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 Palm Insurance Brokers
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Palm Insurance Brokers Private Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101130284 was registered on 16 Jun 2025. was completed.

  • Balance Sheet

    Palm Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was recorded as a recent event.

  • Director Appointment

    The activity Kunal Verma was appointed as a Director was appointed as a Director on 14 Nov 2022 & has been associated with this company since 3 years 3 months . was completed.

  • Charges

    A charge with Others amounted to Rs. 0.62 Cr with Charge ID 100595100 was registered on 28 Jun 2022. was recorded as a recent event.

  • Director Appointment

    The activity Mala Verma was appointed as a Director was appointed as a Director on 22 Sep 2004 & has been associated with this company since 21 years 5 months . was completed.

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

The CIN of Palm Insurance Brokers Private Limited is U70200DL1991PTC046325.

Where is Palm Insurance Brokers Private Limited headquartered?

Palm Insurance Brokers Private Limited is headquartered at S-25, 2Nd Floor, Panchsheel Park,, New Delhi, Delhi, 110017.

When was Palm Insurance Brokers Private Limited incorporated?

Palm Insurance Brokers Private Limited was incorporated on 07 November 1991.

Who are the current directors of Palm Insurance Brokers Private Limited?

The current directors of Palm Insurance Brokers Private Limited are

What is the primary industry of Palm Insurance Brokers Private Limited?

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

Is Palm Insurance Brokers Private Limited a listed company?

Palm Insurance Brokers Private Limited is unlisted.

What is the capital structure of Palm Insurance Brokers Private Limited?

The authorized capital of Palm Insurance Brokers Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.25 Cr.

What is the compliance status of Palm Insurance Brokers Private Limited?

The compliance status of Palm Insurance Brokers Private Limited is Compliant.

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