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Velocity Insurance Broking Services Private Limited - Company Profile

It is a financial services private limited company based in Jaipur, Rajasthan, India, established in 2010.

2010 | Jaipur, Rajasthan, India | Active
Last Updated:

About Velocity Insurance Broking Services Private Limited

Velocity Insurance Broking Services Private Limited, a active private limited company, was established on 19 January 2010 in Jaipur, Rajasthan, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U67200RJ2010PTC030778. Registered under ROC Roc Jaipur. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹7.50 M.

Formerly known as I-Assure Insurance Broking Services Private Limited, Aurum Insurance Broking Services Private Limited. It upholds a compliant status. Employing 9 professional, Its leadership includes Ajay Sankhla (Director), Abhishek Tiwari (Director). Past directors included Ashok Kumar Goyal, Uttam Tibrewal, Ajay Sankhla. It holds no open charges and ₹1.18 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3Rd Floor, Maker Tower, Beside Gopalpura Pulia, Tonk Road,, Jaipur, Rajasthan, 302015.

Company Details

  • CIN/LLPIN

    U67200RJ2010PTC030778

  • Registration Number

    030778

  • Incorporation Date

    19 January 2010

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹7.50 M

  • ROC Code

    Roc Jaipur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.18 M
  • Revenue Growth -58.33%
  • Profit Growth -187.80%
  • Ebitda -46.20%
  • Net Worth -4.27%
  • Total Assets -8.69%
Company report

Velocity Insurance Broking Services Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Velocity Insurance Broking Services 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 Velocity Insurance Broking Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ajay SankhlaDirector11 Nov 2016Current
Abhishek TiwariDirector16 Mar 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Sep 2015Past
Pramod AbcsddDirector08 Dec 2016Past
Pramod AbcsddAdditional Director21 Sep 2017Past
Pramod AbcsddAdditional Director15 Jul 2010Past
Pramod AbcsddDirector08 Dec 2016Past
Pramod AbcsddAdditional Director20 Jul 2016Past

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Financial Performance of Velocity Insurance Broking Services.

Velocity Insurance Broking Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.33% decrease. The company also saw a substantial fall in profitability, with a 187.8% decrease in profit. The company's net worth dipped by a decrease of 4.27%.

Velocity Insurance Broking Services revenue growth over time
Velocity Insurance Broking Services 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
-58.33%
Revenue from Operations
-64.05%
Total Assets
-8.69%
Profit or Loss
-187.80%
Net Worth
-4.27%
EBITDA
-46.20%

What is the Ownership and Shareholding Structure of Velocity Insurance Broking Services?

In 2023, Velocity Insurance Broking Services had a promoter holding of 99.99% and a public holding of 0.01%. 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

₹0

Satisfied Charges

₹1,175,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2014Hdfc Bank Limited₹1.18 MSatisfied

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How Many Employees Work at Velocity Insurance Broking Services?

Velocity Insurance Broking Services has a workforce of 9 employees as of Apr 09, 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 Velocity Insurance Broking Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Insurance Broking Services, 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 Velocity Insurance Broking Services's trajectory.

Rating

Graph displaying rating trends over time

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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 Velocity Insurance Broking Services

Recent Activity within the Organization

  • Annual General Meeting

    Velocity Insurance Broking Services Private 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

    Velocity Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur. was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Aug 2014 via Charge ID 10520447 with Hdfc Bank Limited was fully satisfied on 19 Jan 2019. was completed.

  • Director Appointment

    Ajay Sankhla was appointed as a Director was appointed as a Director on 11 Nov 2016 & has been associated with this company since 9 years 18 days . was recorded as a recent event.

  • Director Appointment

    The activity Abhishek Tiwari was appointed as a Director was appointed as a Director on 16 Mar 2016 & has been associated with this company since 9 years 8 months . was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 10520447 was registered on 25 Aug 2014. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Velocity Insurance Broking Services Private Limited?

    The CIN of Velocity Insurance Broking Services Private Limited is U67200RJ2010PTC030778.

  • Where is Velocity Insurance Broking Services Private Limited headquartered?

    Velocity Insurance Broking Services Private Limited is headquartered at 3Rd Floor, Maker Tower, Beside Gopalpura Pulia, Tonk Road,, Jaipur, Rajasthan, 302015.

  • When was Velocity Insurance Broking Services Private Limited incorporated?

    Velocity Insurance Broking Services Private Limited was incorporated on 19 January 2010.

  • Who are the current directors of Velocity Insurance Broking Services Private Limited?

    The current directors of Velocity Insurance Broking Services Private Limited are

  • What is the primary industry of Velocity Insurance Broking Services Private Limited?

    The primary industry of Velocity Insurance Broking Services Private Limited is Financial And Insurance Service.

  • Is Velocity Insurance Broking Services Private Limited a listed company?

    Velocity Insurance Broking Services Private Limited is unlisted.

  • What is the capital structure of Velocity Insurance Broking Services Private Limited?

    The authorized capital of Velocity Insurance Broking Services Private Limited is ₹3.00 Cr, and the paid-up capital is ₹7.50 M.

  • What is the compliance status of Velocity Insurance Broking Services Private Limited?

    The compliance status of Velocity Insurance Broking Services Private Limited is Compliant.

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