Turanth Suraksha Insurance Web Aggregator Private Limited (TSIWAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 21 April 2020 (Three years and eight months 11 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate is engaged in the business of acting as insurance web aggregator and undertake all activities, whether now known or hereafter devised, lead transmission, online sale of insurance products, whether now known or hereafter devised, lead generation, which are permissible under the insurance web aggregator regulations issued by irdai from time to time being in force, online platform development for fresh premium collection and renewal premium collection of insurance products, distance marketing and solicitation of insurance products, payment gateway and outsource or undertake outsourcing functions to provide insurance services, of different insurers on its website, telemarketing, to display of information and comparison for all types of insurance products, maintain lead management system, for various insurers and permitted insurance industry.
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Turanth Suraksha Insurance Web Aggregator Pvt Ltd Outstanding Shares |
44,02,100 |
|
Face Value of Turanth Suraksha Insurance Web Aggregator Pvt Ltd Share |
Rs.10 Per Equity Share |
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ISIN of Turanth Suraksha Insurance Web Aggregator Pvt Ltd Share |
INE0D8O01019 |
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Lot Sze of Turanth Suraksha Insurance Web Aggregator Pvt Ltd Share |
500 |
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Turanth Suraksha Insurance Web Aggregator Pvt Ltd Share Price |
Best In Industry |
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PAN Number of Turanth Suraksha Insurance Web Aggregator Pvt Ltd |
AAHCT8464B |
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GST Number of Turanth Suraksha Insurance Web Aggregator Pvt Ltd |
27AAHCT8464B1Z6 |
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Turanth Suraksha Insurance Web Aggregator Pvt Ltd CIN Number |
U66000MH2020PTC339503 |
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Turanth Suraksha Insurance Web Aggregator Pvt Ltd Registration Date |
21-Apr-20 |
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Category / Sub-Category of Turanth Suraksha Insurance Web Aggregator Pvt Ltd |
Public Companies having a Share Capital |
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Turanth Suraksha Insurance Web Aggregator Pvt Ltd Registered Office Address |
601, RAJ SAROVAR, BHAKTI COMPLEX, IC COL BORIVALI WEST, MUMBAI Bandra Suburban MH 400068 IN |
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Name of the Director |
Designation |
|
Sunil Devdas |
Director |
|
Prashant Karulkar |
Director |
|
Satish Sawnani |
Director |
|
Rajendra Sawant |
Director |
|
Category |
No. of Shares held |
% of Total Shares |
|
Promoter & Promoter Group |
705000 |
16.02 |
|
Other |
3697100 |
83.98 |
|
TOTAL |
4402100 |
100 |
FAQ's on Turanth Suraksha Insurance
Q: What
is the face value of Turanth Suraksha Insurance Web Aggregator Pvt. Ltd. (Bima
Mandi) shares?
Answer: The face value of Turanth Suraksha Insurance Web Aggregator Pvt.
Ltd. is ₹10 per equity share.
Q: What
is the minimum lot size for buying Turanth Suraksha Insurance (Bima Mandi)
shares through WWIPL?
Answer: The minimum lot size for Turanth Suraksha Insurance shares is 500
equity shares.
Q: How
can I buy Turanth Suraksha Insurance (Bima Mandi) unlisted shares through
WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with
WWIPL, transfer funds, and receive the shares directly in their Demat account.
Q: Why
should I buy Turanth Suraksha Insurance shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless
Demat transfers, and end-to-end support for investing in unlisted shares.
Q: Is
investing in Turanth Suraksha Insurance Web Aggregator Pvt. Ltd. a good idea?
Answer: Investors generally evaluate the company based on its business
model, insurance distribution platform, financial performance, customer
acquisition, and long-term growth prospects in India's insurance sector.
Q: Why do
investors buy Turanth Suraksha Insurance shares before a potential IPO?
Answer: Investors seek early exposure to a fast-growing insurance web
aggregator before a potential listing, aiming to benefit from future business
growth and valuation expansion.
Q: What
business does Turanth Suraksha Insurance Web Aggregator Pvt. Ltd. operate in?
Answer: The company operates as an IRDAI-registered insurance web
aggregator, enabling customers to compare, purchase, and renew insurance
products online while generating leads for insurance companies.
Q: What
makes Turanth Suraksha Insurance different from other unlisted fintech
companies?
Answer: The company specializes in digital insurance distribution,
offering an online platform for comparing insurance products and facilitating
policy purchases across multiple insurers.
Q: What
are the key growth drivers for Turanth Suraksha Insurance?
Answer: Rising insurance penetration, increasing digital adoption,
expansion of online insurance sales, higher customer awareness, and growth in
India's insurtech ecosystem are key growth drivers.
Q: What
factors affect the valuation of Turanth Suraksha Insurance shares?
Answer: Revenue growth, customer acquisition, policy issuance volume,
technology platform scalability, profitability, and regulatory developments
influence the company's valuation.
Q: Are
Turanth Suraksha Insurance shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to
the investor's Demat account.
Q: Can I
sell my Turanth Suraksha Insurance shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted
shares, subject to market demand and availability.
Q: What
documents are required to buy Turanth Suraksha Insurance shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report
(CMR), and bank account details to complete the transaction.
Q: What
are the risks of investing in Turanth Suraksha Insurance shares?
Answer: Investors should consider regulatory changes, competition in the
insurtech sector, technology risks, customer acquisition costs, and liquidity
constraints associated with unlisted shares.
Q: How
does WWIPL help investors track Turanth Suraksha Insurance investments?
Answer: WWIPL provides company updates, transaction assistance, market
insights, and ongoing investment support to help investors stay informed.
Q: How
long does it take for Turanth Suraksha Insurance shares purchased through WWIPL
to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account
after successful completion and verification of the transaction.
Q: What
should investors evaluate before investing in Turanth Suraksha Insurance Web
Aggregator Pvt. Ltd.?
Answer: Investors should assess the company's revenue growth, customer
base, technology platform, regulatory compliance, profitability, valuation, and
long-term growth prospects.
Q: Can Turanth Suraksha Insurance benefit from
India's growing digital insurance market?
Answer: Yes. Increasing insurance awareness, digital policy purchases,
and higher internet penetration are expected to create significant long-term
growth opportunities for the company.