Providence India Insurance Broking Private Limited Company Logo

Providence India Insurance Broking Private Limited - Company Profile

It is a financial services private limited company based in Hyderabad, Telangana, India, established in 2015.

2015 | Hyderabad, Telangana, India | Active
Last Updated:

About Providence India Insurance Broking Private Limited

Providence India Insurance Broking Private Limited, a active private limited company, was established on 12 January 2015 in Hyderabad, Telangana, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U67190TG2015PTC097235. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹9.50 Cr and a paid-up capital of ₹9.48 Cr.

It upholds a compliant status. Employing 19 professional, Its leadership includes Madhusudhana Sastry Kalavendi (Director), Rama Mohan Desiraju (Additional Director). Past directors included Kollimarla Subrahmanyam, Raghu Kishore Utukuri, Madhusudhana Sastry Kalavendi. It holds ₹1.30 Cr open charges and no settled loans. Its latest AGM occurred on 19 September 2024, with the balance sheet filed on 31 March 2024. It is based at 6-3-1112, First Floor, Avr Towers, Adjacent Lane To Kirtilal Jewellers, Somajiguda Circle, Hyderabad, Telangana, 500016.

Company Details

  • CIN/LLPIN

    U67190TG2015PTC097235

  • Registration Number

    097235

  • Incorporation Date

    12 January 2015

  • Authorized Capital

    ₹9.50 Cr

  • Paid-Up Capital

    ₹9.48 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 9.50 Cr
  • Paid Up Capital ₹ 9.48 Cr
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth -7.00%
  • Profit Growth -75.46%
  • Ebitda -59.34%
  • Net Worth 0.78%
  • Total Assets -0.93%
Company report

Providence India Insurance Broking Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Providence India Insurance Broking 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 Providence India Insurance Broking Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Madhusudhana Sastry KalavendiDirector23 Mar 2022Current
Rama Mohan DesirajuAdditional Director29 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Oct 2018Past
Pramod AbcsddDirector01 Mar 2017Past
Pramod AbcsddAdditional Director07 Mar 2023Past
Pramod AbcsddAdditional Director29 Sep 2017Past
Pramod AbcsddDirector24 Feb 2016Past
Pramod AbcsddDirector25 Mar 2022Past

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Financial Performance of Providence India Insurance Broking.

Providence India Insurance Broking Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7% decrease. The company also saw a substantial fall in profitability, with a 75.46% decrease in profit. The company's net worth moved up by a moderate rise of 0.78%.

Providence India Insurance Broking revenue growth over time
Providence India Insurance Broking 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
-7.00%
Revenue from Operations
-7.09%
Total Assets
-0.93%
Profit or Loss
-75.46%
Net Worth
0.78%
EBITDA
-59.34%

What is the Ownership and Shareholding Structure of Providence India Insurance Broking?

In 2023, Providence India Insurance Broking had a promoter holding of 100.00%. 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

₹13,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2021Axis Bank Limited₹1.30 CrOpen

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How Many Employees Work at Providence India Insurance Broking?

Providence India Insurance Broking has a workforce of 19 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 Providence India Insurance Broking Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Providence India Insurance Broking, 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 Providence India Insurance Broking'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 Providence India Insurance Broking

Recent Activity within the Organization

  • Director Appointment

    Progress on Rama Mohan Desiraju was appointed as a Additional Director was appointed as a Additional Director on 29 Mar 2025 & has been associated with this company since 8 months 4 days . was documented.

  • Annual General Meeting

    Progress on Providence India Insurance Broking Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Providence India Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.

  • Director Appointment

    Madhusudhana Sastry Kalavendi was appointed as a Director was appointed as a Director on 23 Mar 2022 & has been associated with this company since 3 years 8 months . was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100494234 was registered on 31 Jul 2021. was recorded as a recent event.

  • Company Incorporation

    Progress on Providence India Insurance Broking Private Limited was registered on 12 Jan 2015 with Roc Hyderabad & aged 10 years 10 months as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Providence India Insurance Broking Private Limited?

    The CIN of Providence India Insurance Broking Private Limited is U67190TG2015PTC097235.

  • Where is Providence India Insurance Broking Private Limited headquartered?

    Providence India Insurance Broking Private Limited is headquartered at 6-3-1112, First Floor, Avr Towers, Adjacent Lane To Kirtilal Jewellers, Somajiguda Circle, Hyderabad, Telangana, 500016.

  • When was Providence India Insurance Broking Private Limited incorporated?

    Providence India Insurance Broking Private Limited was incorporated on 12 January 2015.

  • Who are the current directors of Providence India Insurance Broking Private Limited?

    The current directors of Providence India Insurance Broking Private Limited are

  • What is the primary industry of Providence India Insurance Broking Private Limited?

    The primary industry of Providence India Insurance Broking Private Limited is Financial And Insurance Service.

  • Is Providence India Insurance Broking Private Limited a listed company?

    Providence India Insurance Broking Private Limited is unlisted.

  • What is the capital structure of Providence India Insurance Broking Private Limited?

    The authorized capital of Providence India Insurance Broking Private Limited is ₹9.50 Cr, and the paid-up capital is ₹9.48 Cr.

  • What is the compliance status of Providence India Insurance Broking Private Limited?

    The compliance status of Providence India Insurance Broking Private Limited is Compliant.

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