Bandhan Life Insurance Limited

Insurance company offering life, health, and savings plans including protection, ULIPs, and retirement options.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Bandhan Life Insurance Profile

Key Indicators

  • Authorised Capital ₹ 4,000.00 Cr
  • Paid Up Capital ₹ 2,087.73 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Bandhan Life Insurance

Bandhan Life Insurance Limited (BLIL) is a Public Limited Indian Non-Government Company incorporated in India on 23 March 2007 and has a history of 17 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Aegon Religare Life Insurance Company Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4,000.00 Cr and a paid-up capital of Rs 2,087.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bandhan Life Insurance Limited India are Manish Falor as Cfo, Jitin Parekh as Company Secretary, and Satishwar Balakrishnan as Ceo. Hemanta Pradhan, Hema Ramakrishnan, Satishwar Balakrishnan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66010MH2007PLC169110

  • Company No.

    169110

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2007

  • Date of AGM

    26 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Bandhan Life Insurance?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Falor CFO03-Feb-2021Current
Jitin Parekh Country flag representing In Company Secretary01-Feb-2010Current
Satishwar Balakrishnan Country flag representing In CEO21-Aug-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Navin Puri Country flag representing In Director 07-Mar-2024Current
Hemanta Pradhan Country flag representing In Director 07-Mar-2024Current
Hema Ramakrishnan Country flag representing In Director 07-Mar-2024Current
Karni Arha Country flag representing In Director 18-Mar-2024Current

Financial Performance of Bandhan Life Insurance.

Bandhan Life Insurance Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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Graph showing 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Bandhan Life Insurance?

In 2023, Bandhan Life Insurance had a promoter holding of 95.09% and a public holding of 4.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Bandhan Life Insurance?

Bandhan Life Insurance has a workforce of 266 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bandhan Life Insurance, 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 Bandhan Life Insurance'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 Bandhan Life Insurance

Recent activity within the organization

  • Annual General Meeting

    Bandhan Life Insurance Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.

    26 Aug 2024

  • Balance Sheet

    Bandhan Life Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Karni Singh Charan Das Arha was appointed as a Director was appointed as a Director on 18 Mar 2024 & has been associated with this company since 10 months 14 days .

    18 Mar 2024

  • Director Appointment

    Hemanta Kumar Pradhan was appointed as a Director was appointed as a Director on 07 Mar 2024 & has been associated with this company since 10 months 25 days .

    07 Mar 2024

  • Director Appointment

    Hema Malini Ramakrishnan was appointed as a Director was appointed as a Director on 07 Mar 2024 & has been associated with this company since 10 months 25 days .

    07 Mar 2024

  • Director Appointment

    Navin Avinashchander Puri was appointed as a Director was appointed as a Director on 07 Mar 2024 & has been associated with this company since 10 months 25 days .

    07 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Bandhan Life Insurance Limited was incorporated on 23 Mar 2007.

  • The authorized share capital of Bandhan Life Insurance Limited is ₹ 4,000.00 Cr and paid-up capital is ₹ 2,087.73 Cr.

  • Currently 8 directors are associated with Bandhan Life Insurance Limited.

    • Hemanta Kumar Pradhan
    • Manish Falor
    • Jitin Pramodbhai Parekh
    • Satishwar Balakrishnan
    • Hema Malini Ramakrishnan
    • Satishwar Balakrishnan
    • Navin Avinashchander Puri
    • Karni Singh Charan Das Arha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bandhan Life Insurance Limited is A-201 2Nd Floor Leela Business Park Andheri-Kurla Road, Andheri (East) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Bandhan Life Insurance Limited is U66010MH2007PLC169110 and the company number is 169110 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bandhan Life Insurance Limited is https://www.aegonlife.com

  • As Per 2023 financial reports, 266 employees are currently employed by Bandhan Life Insurance Limited.

  • The most recent Balance Sheet for Bandhan Life Insurance Limited was filed with the ROC on 31 Mar 2024.

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