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:
Access Report
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 Pamidi Vijaya Kumar (Director), Madhusudhana Sastry Kalavendi (Director), Rama Mohan Desiraju (Director). Past directors included Kollimarla Subrahmanyam, Pamidi Vijaya Kumar, Raghu Kishore Utukuri. 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

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

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 Metrics
  • Authorised Capital ₹ 9.50 Cr
  • Paid Up Capital ₹ 9.48 Cr
  • Company Age 11 Year, 1 Month
  • 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

Comprehensive Company Insights

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.

Access Report
Who are the key members and board of directors at Providence India Insurance Broking Private Limited?
Current Directors
Name Designation Appointment Date Status
Pamidi Vijaya Kumar Director 01 Jun 2023 Current
Madhusudhana Sastry Kalavendi Director 23 Mar 2022 Current
Rama Mohan Desiraju Director 29 Mar 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Oct 2018 Past
Pramod Abcsdd Director 31 May 2025 Past
Pramod Abcsdd Director 01 Mar 2017 Past
Pramod Abcsdd Additional Director 07 Mar 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 24 Feb 2016 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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
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
********
 -7.00%
*******
*******
*******
*******
Revenue from Operations
*******
 -7.09%
*******
*******
*******
*******
Total Assets
*******
 -0.93%
*******
*******
*******
*******
Profit or Loss
*******
 -75.46%
*******
*******
*******
*******
Net Worth
*******
 0.78%
*******
*******
*******
*******
EBITDA
*******
 -59.34%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

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 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

Reveal ownership structures and financial performance - Get instant access now!

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
Date Lender Amount Status
31 Jul 2021 Axis Bank Limited ₹1.30 Cr Open

Explore comprehensive loan charge details -

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 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 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Providence India Insurance Broking
Recent Activity within the Organization
  • Director Appointment

    The activity Rama Mohan Desiraju was appointed as a Director was appointed as a Director on 29 Mar 2025 & has been associated with this company since 10 months 29 days . was completed.

  • Annual General Meeting

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

  • 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

    The activity Pamidi Vijaya Kumar was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 2 years 8 months . was completed.

  • Director Appointment

    Progress on 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 11 months . was documented.

  • 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.

Explore recent activity and updates - View Recent Activity

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available