Shift Risk Insurance Brokers Limited Company Logo

Shift Risk Insurance Brokers Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 | Mumbai, Maharashtra, India | Active
Last Updated:

About Shift Risk Insurance Brokers Limited

Shift Risk Insurance Brokers Limited, a active public limited company, was established on 01 April 2008 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66000MH2008PLC180664. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹8.50 M and a paid-up capital of ₹7.50 M.

Formerly known as Opal Insurance Services Private Limited, Opal Insurance Brokers Limited. It upholds a compliant status. Employing 71 professional, Its leadership includes Hetal Himanshu Sodha (Director), Kanika Kunal Popat (Director), Vishva Mitter Handa (Director). Past directors included Kunal Dhirendra Popat, Damayanti Dhirendra Popat, Kanika Kunal Popat. It holds ₹4.68 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 501-502,5Th Floor,Pearl Building, B Wing Sandhu Marg,19Th Road Corner,Chembur, Mumbai, Maharashtra, 400071.

Company Details

  • CIN/LLPIN

    U66000MH2008PLC180664

  • Registration Number

    180664

  • Incorporation Date

    01 April 2008

  • Authorized Capital

    ₹8.50 M

  • Paid-Up Capital

    ₹7.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.68 M
  • Revenue Growth 9.37%
  • Profit Growth 69.35%
  • Ebitda 64.22%
  • Net Worth 18.07%
  • Total Assets 19.34%
Company report

Shift Risk Insurance Brokers Limited

Company Report FY 2025-2026

Explore comprehensive insights into Shift Risk Insurance Brokers 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 Shift Risk Insurance Brokers Limited?

Current Directors

NameDesignationAppointment DateStatus
Hetal Himanshu SodhaDirector19 Nov 2015Current
Kanika Kunal PopatDirector27 Dec 2021Current
Vishva Mitter HandaDirector23 Jun 2015Current
Raghavendra Rao MatamAdditional Director16 Jan 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector09 Jan 2023Past
Pramod AbcsddDirector19 Nov 2015Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector23 Jun 2015Past
Pramod AbcsddAdditional Director30 Sep 2015Past

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Financial Performance of Shift Risk Insurance Brokers.

Shift Risk Insurance Brokers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.37% increase. The company also saw a substantial improvement in profitability, with a 69.35% increase in profit. The company's net worth Soared by an impressive increase of 18.07%.

Shift Risk Insurance Brokers revenue growth over time
Shift Risk 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
9.37%
Revenue from Operations
8.50%
Total Assets
19.34%
Profit or Loss
69.35%
Net Worth
18.07%
EBITDA
64.22%

What is the Ownership and Shareholding Structure of Shift Risk Insurance Brokers?

In 2023, Shift Risk Insurance Brokers 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

₹4,679,750.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
26 Oct 2023Hdfc Bank Limited₹3.48 MOpen
27 Apr 2022Hdfc Bank Limited₹1.20 MOpen

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How Many Employees Work at Shift Risk Insurance Brokers?

Shift Risk Insurance Brokers has a workforce of 71 employees as of Apr 05, 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 Shift Risk Insurance Brokers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shift Risk 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 Shift Risk 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 Shift Risk Insurance Brokers

Recent Activity within the Organization

  • Director Appointment

    Raghavendra Rao Matam was appointed as a Additional Director was appointed as a Additional Director on 16 Jan 2025 & has been associated with this company since 10 months 12 days . was recorded as a recent event.

  • Annual General Meeting

    Shift Risk Insurance Brokers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Shift Risk Insurance Brokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.48 M with Charge ID 100829237 was registered on 26 Oct 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.20 M with Charge ID 100571869 was registered on 27 Apr 2022. was completed.

  • Director Appointment

    The activity Kanika Kunal Popat was appointed as a Director was appointed as a Director on 27 Dec 2021 & has been associated with this company since 3 years 11 months . was completed.

Frequently Asked Questions

  • What is the CIN of Shift Risk Insurance Brokers Limited?

    The CIN of Shift Risk Insurance Brokers Limited is U66000MH2008PLC180664.

  • Where is Shift Risk Insurance Brokers Limited headquartered?

    Shift Risk Insurance Brokers Limited is headquartered at 501-502,5Th Floor,Pearl Building, B Wing Sandhu Marg,19Th Road Corner,Chembur, Mumbai, Maharashtra, 400071.

  • When was Shift Risk Insurance Brokers Limited incorporated?

    Shift Risk Insurance Brokers Limited was incorporated on 01 April 2008.

  • Who are the current directors of Shift Risk Insurance Brokers Limited?

    The current directors of Shift Risk Insurance Brokers Limited are

  • What is the primary industry of Shift Risk Insurance Brokers Limited?

    The primary industry of Shift Risk Insurance Brokers Limited is Financial And Insurance Service.

  • Is Shift Risk Insurance Brokers Limited a listed company?

    Shift Risk Insurance Brokers Limited is unlisted.

  • What is the capital structure of Shift Risk Insurance Brokers Limited?

    The authorized capital of Shift Risk Insurance Brokers Limited is ₹8.50 M, and the paid-up capital is ₹7.50 M.

  • What is the compliance status of Shift Risk Insurance Brokers Limited?

    The compliance status of Shift Risk Insurance Brokers Limited is Compliant.

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