Square Insurance Brokers Private Limited - Company Profile

It is a financial services private limited company based in Jaipur, Rajasthan, India, established in 2016.

2016 Jaipur, Rajasthan, India Active

Last Updated: December 30, 2025

About Square Insurance Brokers Private Limited

Square Insurance Brokers Private Limited, a active private limited company, was established on 07 November 2016 in Jaipur, Rajasthan, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66000RJ2016PTC056324. Registered under ROC Roc Jaipur. it is unlisted. It has an authorized capital of ₹1.25 Cr and a paid-up capital of ₹9.35 M.

It upholds a compliant status. Employing 156 professional, Its leadership includes Kamal Singh Panwar (Whole-Time Director), Rakesh Kumar (Managing Director), Akash Deep Parwal (Whole-Time Director). Past directors included Kamal Singh Panwar, Rakesh Kumar, Sunil Kumar. It holds ₹21.50 Cr open charges and ₹1.87 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No 506, 5Th Floor Trimurty V-Jai City Point Ahimsa Circle, C-Scheme, Jaipur, Rajasthan, 302001.

Company Details

CIN/LLPIN
U66000RJ2016PTC056324
Registration Number
056324
Incorporation Date
07 November 2016
Authorized Capital
₹1.25 Cr
Paid-Up Capital
₹9.35 M
ROC Code
Roc Jaipur
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.25 Cr as on 30-12-2025
Paid Up Capital ₹ 9.35 M as on 30-12-2025
Company Age 9 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 21.50 Cr as on 30-12-2025
Satisfied Charges ₹ 1.87 Cr as on 30-12-2025
Revenue Growth **** 46.19% (FY 2023)
Profit Growth **** 963.84% (FY 2023)
Ebitda **** 96.41% (FY 2023)
Net Worth 41.85% (FY 2023)
Total Assets **** 27.58% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Square 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 Square Insurance Brokers Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kamal Singh Panwar	Whole-Time Director	31 Mar 2021	Current
Rakesh Kumar	Managing Director	07 Nov 2016	Current
Akash Deep Parwal	Whole-Time Director	01 Nov 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Nov 2021	Past
Pramod Abcsdd	Director	01 Jul 2017	Past
Pramod Abcsdd	Director	01 Jul 2017	Past
Pramod Abcsdd	Director	01 Nov 2024	Past

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Financial Performance of Square Insurance Brokers.

Square Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.19% increase. The company also saw a substantial improvement in profitability, with a 963.84% increase in profit. The company's net worth Soared by an impressive increase of 41.85%.

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

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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

********

46.19%

*******

Revenue from Operations

*******

45.77%

*******

Total Assets

*******

27.58%

*******

Profit or Loss

*******

963.84%

*******

Net Worth

*******

41.85%

*******

EBITDA

*******

96.41%

*******

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What is the Ownership and Shareholding Structure of Square Insurance Brokers?

In 2023, Square Insurance Brokers had a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

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Charges (Loans)

Open Charges

₹215,000,000.00

Satisfied Charges

₹18,705,600.00

Charges Breakdown by Lending Institutions

Others : 16.50 Cr
Axis Bank Limited : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Jul 2025	Axis Bank Limited	₹5.00 Cr	Open
05 Jun 2025	Others	₹1.50 Cr	Open
24 Jun 2022	Others	₹15.00 Cr	Open
23 Mar 2024	Others	₹5.00 M	Satisfied
31 Aug 2020	Others	₹8.80 M	Satisfied

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How Many Employees Work at Square Insurance Brokers?

Square Insurance Brokers has a workforce of 156 employees as of Apr 08, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Square 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 Square Insurance Brokers's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Square Insurance Brokers

Recent Activity within the Organization

Charges

A charge with Others of Rs. 15.00 Cr registered on 24 Jun 2022 with Charge ID 100585329 was modified on 13 Nov 2025. was recorded as a recent event.
13 Nov 2025
Annual General Meeting

The activity Square Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Charges

Progress on A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 10 Jul 2025 with Charge ID 101146409 was modified on 08 Aug 2025. was documented.
08 Aug 2025
Charges

A charge registered on 31 Aug 2020 via Charge ID 100374331 with Others was fully satisfied on 11 Jul 2025. was recorded as a recent event.
11 Jul 2025
Charges

A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101146409 was registered on 10 Jul 2025. was recorded as a recent event.
10 Jul 2025
Charges

The activity A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101108685 was registered on 05 Jun 2025. was completed.
05 Jun 2025

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