Ageas Federal Life Insurancecompany Limited

Provides various life insurance plans including online, term, child, ULIP, savings, retirement, and group plans.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: June 23, 2024

Ageas Federal Life Insurancecompany Profile

Key Indicators

  • Authorised Capital ₹ 2,500.00 Cr
  • Paid Up Capital ₹ 800.00 Cr
  • Company Age 18 Year, 9 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Ageas Federal Life Insurancecompany

Ageas Federal Life Insurancecompany Limited (AFLIL) is a Public Limited Indian Non-Government Company incorporated in India on 22 January 2007 and has a history of 18 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Idbi Fortis 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 2023. It's a company limited by shares with an authorized capital of Rs 2,500.00 Cr and a paid-up capital of Rs 800.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ageas Federal Life Insurancecompany Limited India are Rajesh Ajgaonkar as COMPANY SECRETARY and Mathivanan Balakrishnan as Cfo. Sreenivasan Prasad, Sudhin Roychowdhury, Sridar Swamy, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U66010MH2007PLC167164

  • Company No.

    167164

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2007

  • Date of AGM

    17 May 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Ageas Federal Life Insurancecompany?

Executive Team (3)

NameDesignationAppointment DateStatus
Vighnesh Shahane Country flag representing In Managing Director01-Feb-2014Current
Rajesh Ajgaonkar Country flag representing In Company Secretary07-Jan-2012Current
Mathivanan Balakrishnan Country flag representing In CFO13-Nov-2019Current

Board Members (11)

NameDesignationAppointment DateStatus
Sridar Swamy Country flag representing In Director 02-Nov-2022Current
Shyam Srinivasan Country flag representing In Director 17-Jan-2014Current
Monaz Noble Country flag representing In Director 29-Jul-2019Current
Mahendra Bhagat Country flag representing In Director 02-Nov-2022Current
Filip Coremans Country flag representing Be Director 11-Aug-2010Current
Sreenivasan Prasad Country flag representing In Director 13-May-2021Current

Financial Performance of Ageas Federal Life Insurancecompany.

Ageas Federal Life Insurancecompany 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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  • 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 Ageas Federal Life Insurancecompany?

In 2023, Ageas Federal Life Insurancecompany had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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 Ageas Federal Life Insurancecompany?

Ageas Federal Life Insurancecompany has a workforce of 1794 employees as of Apr 06, 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.

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Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ageas Federal Life Insurancecompany, 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 Ageas Federal Life Insurancecompany's trajectory.

Rating

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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 Ageas Federal Life Insurancecompany

Recent activity within the organization

  • Annual General Meeting

    Ageas Federal Life Insurancecompany Limited last Annual general meeting of members was held on 17 May 2023 as per latest MCA records.

    17 May 2023

  • Director Appointment

    Frank Johan Gerard Van Kempen was appointed as a Director was appointed as a Director on 13 Apr 2023 & has been associated with this company since 1 year 9 months .

    13 Apr 2023

  • Balance Sheet

    Ageas Federal Life Insurancecompany Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sudhin Roychowdhury was appointed as a Director was appointed as a Director on 02 Nov 2022 & has been associated with this company since 2 years 3 months .

    02 Nov 2022

  • Director Appointment

    Sridar Swamy was appointed as a Director was appointed as a Director on 02 Nov 2022 & has been associated with this company since 2 years 3 months .

    02 Nov 2022

  • Director Appointment

    Mahendra Nathuram Bhagat was appointed as a Director was appointed as a Director on 02 Nov 2022 & has been associated with this company since 2 years 3 months .

    02 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Ageas Federal Life Insurancecompany Limited was incorporated on 22 Jan 2007.

  • The authorized share capital of Ageas Federal Life Insurancecompany Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 800.00 Cr.

  • Currently 14 directors are associated with Ageas Federal Life Insurancecompany Limited.

    • Sreenivasan Prasad
    • Sudhin Roychowdhury
    • Sridar Swamy
    • Shyam Srinivasan
    • Monaz Noble
    • Filip Andre Lodewijk Coremans
    • Kannan Gopalaraghavan Vellur
    • Vighnesh Ashok Shahane
    • Mahendra Nathuram Bhagat
    • Shalini Warrier
    • Frank Johan Gerard Van Kempen
    • Gilke Eeckhoudt
    • Rajesh Chandrakant Ajgaonkar
    • Mathivanan Balakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ageas Federal Life Insurancecompany Limited is 22Nd Floor A Wing Marathon Futurex, N.M. Joshi Marg Lower Parel - East, Mumbai, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Ageas Federal Life Insurancecompany Limited is U66010MH2007PLC167164 and the company number is 167164 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ageas Federal Life Insurancecompany Limited is https://www.ageasfederal.com

  • As Per 2023 financial reports, 1794 employees are currently employed by Ageas Federal Life Insurancecompany Limited.

  • The most recent Balance Sheet for Ageas Federal Life Insurancecompany Limited was filed with the ROC on 31 Mar 2023.

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