Palm Insurance Brokers Private Limited Company Logo

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:

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

  • CIN/LLPIN

    U67200DL1991PTC046325

  • 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 Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 34 Year, 23 Days
  • 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

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

NameDesignationAppointment DateStatus
Kunal VermaDirector14 Nov 2022Current
Anand Kumar VermaManaging Director07 Nov 1991Current
Mala VermaDirector22 Sep 2004Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector21 Feb 2013Past
Pramod AbcsddDirector30 Aug 2022Past
Pramod AbcsddDirector01 Dec 2012Past
Pramod AbcsddDirector11 Sep 2023Past
Pramod AbcsddDirector30 Aug 2022Past
Pramod AbcsddDirector30 May 2011Past

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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
  • 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
17.51%
Revenue from Operations
19.62%
Total Assets
6.94%
Profit or Loss
-94.24%
Net Worth
2.43%
EBITDA
-84.81%

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 Indicator graph

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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

DateLenderAmountStatus
16 Jun 2025Others₹3.00 MOpen
28 Jun 2022Others₹6.18 MOpen

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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 growth trends for Palm Insurance Brokers Private Limited

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.

Latest Updates, News, and FAQs on Palm Insurance Brokers

Recent Activity within the Organization

  • Annual General Meeting

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

  • 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

    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 16 days . was recorded as a recent event.

  • 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 2 months . was completed.

Frequently Asked Questions

  • What is the CIN of Palm Insurance Brokers Private Limited?

    The CIN of Palm Insurance Brokers Private Limited is U67200DL1991PTC046325.

  • 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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