Wallet Insurance Broking Private Limited
About Wallet Insurance Broking Private Limited
Data last updated:
Wallet Insurance Broking Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U66030TG2017PTC120887. Its GSTIN is 36AACCW1174G1ZE (Telangana).
The company has an authorised share capital of ₹1.29 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors including Vijayakumar Madhira and Srinivas Suryaprakash Kuruganti.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹81,097, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹8.17 Lakh and EBITDA of -₹1.59 Lakh (EBITDA margin -195.8%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company has 1 deal on record (1 rights issue); the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wallet Insurance Broking Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 – 3 – 596/63/8/3, Erramanzil, Hyderabad, Telangana, India – 500082
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Wallet Insurance Broking Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Wallet Insurance Broking is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Wallet Insurance Broking Private Limited, buy the company report.
Financials of Wallet Insurance Broking Private Limited
FY 2025 filings availableWallet Insurance Broking Private Limited reported revenue of ₹81,097 (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over three years, including a 16% fall in the latest year. EBITDA fell 227% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.17 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -195.8% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wallet Insurance Broking Private Limited, buy the company report.
Board of directors of Wallet Insurance Broking Private Limited
Wallet Insurance Broking has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayakumar Madhira | Director | 06 Mar 2020 | 6 Years 8 Months | Current |
| Srinivas Suryaprakash Kuruganti | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Arun Sharma Also directs: Fundzpark Fintech Private Limited, Kumbh Insurance Broking Private Limited, Kumbh Technologies Private Limited and 5 more | Director | 06 May 2023 | 3 Years 6 Months | Current |
| Malay Kumar Ghatak Also directs: Fundzpark Fintech Private Limited, Kumbh Insurance Broking Private Limited, Kumbh Technologies Private Limited and 3 more | Director | 06 May 2023 | 3 Years 6 Months | Current |
Shareholding
The shareholding of Wallet Insurance Broking Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Wallet Insurance Broking Private Limited, buy the company report.
Deals & funding
Wallet Insurance Broking Private Limited has 1 deal on record (1 rights issue); the latest was in March 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹75 Lakh | Investors: Fundzpark Fintech Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Wallet Insurance Broking Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wallet Insurance Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wallet Insurance Broking has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Wallet Insurance Broking has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCW1174G1ZE | Telangana | Active | 29 Jul 2020 |
To see the full GST registrations and return filing status of Wallet Insurance Broking Private Limited, buy the company report.
Recent activity
Wallet Insurance Broking Private Limited has 14 board changes on record since 2017: 9 appointments and 5 cessations. The latest: Arun Sharma was appointed as Director on 06 May 2023.
5 earlier events are in the company report.
Frequently asked questions
Wallet Insurance Broking is an active private limited company based in Hyderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 November 2017 (9+ years old) and is registered under CIN U66030TG2017PTC120887.
Wallet Insurance Broking has 4 current directors:
- Vijayakumar Madhira - Director
- Srinivas Suryaprakash Kuruganti - Director
- Arun Sharma - Director
- Malay Kumar Ghatak - Director
The latest financial statements of Wallet Insurance Broking on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Wallet Insurance Broking is 36AACCW1174G1ZE, registered in Telangana.
The CIN (Corporate Identification Number) of Wallet Insurance Broking is U66030TG2017PTC120887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wallet Insurance Broking was incorporated on 29 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Wallet Insurance Broking has 1 deal on record (1 rights issue); the latest was in March 2019.
Arun Sharma was appointed as Director on 06 May 2023. Dora Babu Devagalla ceased to be Director on 06 May 2023. Malay Kumar Ghatak was appointed as Director on 06 May 2023. Wallet Insurance Broking has 14 board changes on record in total.
The registered office of Wallet Insurance Broking is at 6 – 3 – 5966383, Erramanzil, Hyderabad, Telangana, India – 500082.
Wallet Insurance Broking operates in the financial services industry, in the diversified financial services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
