About Perilwise Business Solutions Private Limited
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Perilwise Business Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 01 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN2016PTC111738. Its GSTIN is 33AAICP7182R2ZL (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Perilwise Insurance Broking Private Limited and Perilwise Insurance Brokerage Private Limited. It is led by directors Avinash Ramachandran and Goda Padma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 3/2 D Brahmin Street Karambakkam Porur, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.49 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹78,152 (net margin 22.4%) and EBITDA of ₹1.08 Lakh (EBITDA margin 31.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 30% over five years.
The company is associated with 1 brand: Perilwise. The company has 2 deals on record (2 rights issues); the latest was in May 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website perilwise.com.
Company details
Name history
Perilwise Business Solutions has undergone 2 name changes throughout its history. The company was previously known as Perilwise Insurance Broking Private Limited, and Perilwise Insurance Brokerage Private Limited. The current legal name is Perilwise Business Solutions Private Limited.
| Company Name | Status |
|---|---|
| Perilwise Business Solutions Private Limited | Current |
| Perilwise Insurance Broking Private Limited | Previous |
| Perilwise Insurance Brokerage Private Limited | Previous |
CIN history
Perilwise Business Solutions has one previous CIN (Corporate Identification Number): U65999TN2016PTC111738. The current CIN is U74110TN2016PTC111738, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN2016PTC111738 | Current |
| U65999TN2016PTC111738 | Previous |
Contact details
Perilwise Business Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is perilwise.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 3/2 D Brahmin Street Karambakkam Porur, Chennai, Tamil Nadu, India – 600116
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Perilwise Business Solutions 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
Perilwise Business Solutions operates one associated brand: Perilwise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online personal and commercial insurance solutions. | perilwise.com |
Business activity
The main business activity of Perilwise Business Solutions is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Perilwise Business Solutions Private Limited, buy the company report.
Financials of Perilwise Business Solutions Private Limited
FY 2024 filings availablePerilwise Business Solutions Private Limited reported revenue of ₹3.49 Lakh (down 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 73% fall in the latest year. EBITDA fell 90% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.08 Lakh | ||||
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| Net Profit (PAT) | ₹78,152 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 31.1% | ||||
| Net Profit Margin | 22.4% | ||||
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To see the full financial statements and ratios of Perilwise Business Solutions Private Limited, buy the company report.
Board of directors of Perilwise Business Solutions Private Limited
Perilwise Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goda Padma Also directs: Perilwise Insurtech Private Limited, Xpertico Ventures LLP | Additional Director | 02 May 2024 | 2 Years 5 Months | Current |
| Avinash Ramachandran | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Perilwise Business Solutions Private Limited is audited by R RANGA RAO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R RANGA RAO & CO | FY 2021 | 003044S |
Shareholding
The shareholding of Perilwise Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Perilwise Business Solutions Private Limited, buy the company report.
Deals & funding
Perilwise Business Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in May 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Rights issue | ₹20 Lakh | Investors: 2 individuals |
| Sep 2016 | Rights issue | ₹80 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Perilwise Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Perilwise Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Perilwise Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICP7182R2ZL | Tamil Nadu | Active | 26 Dec 2018 |
To see the full GST registrations and return filing status of Perilwise Business Solutions Private Limited, buy the company report.
Recent activity
Perilwise Business Solutions Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Goda Padma was appointed as Additional Director on 02 May 2024.
Frequently asked questions
Perilwise Business Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 01 August 2016 (10+ years old) and is registered under CIN U74110TN2016PTC111738.
Perilwise Business Solutions has 2 current directors:
- Goda Padma - Additional Director
- Avinash Ramachandran - Director
The latest financial statements of Perilwise Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Perilwise Business Solutions is 33AAICP7182R2ZL, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Perilwise Business Solutions is U74110TN2016PTC111738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Perilwise Business Solutions was incorporated on 01 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Perilwise Business Solutions has 2 deals on record (2 rights issues); the latest was in May 2017.
Goda Padma was appointed as Additional Director on 02 May 2024. Gopikrishna Srivathsa Padasala Sunil ceased to be Director on 02 May 2024. Ravi Yuvaraj ceased to be Additional Director on 01 Jun 2019. Perilwise Business Solutions has 4 board changes on record in total.
Perilwise Business Solutions can be reached through the website perilwise.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Perilwise Business Solutions is at No 32 D Brahmin Street Karambakkam Porur, Chennai, Tamil Nadu, India – 600116.