Bajaj Allianz Life Insurance Company Limited

Private life insurance company with a pan India presence and diversified sales channels.

2001 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Bajaj Allianz Life Insurance Company Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 150.71 Cr
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.25 M
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Bajaj Allianz Life Insurance Company

Bajaj Allianz Life Insurance Company Limited (BALICL) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 2001 and has a history of 23 years and ten months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Allianz Bajaj 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 200.00 Cr and a paid-up capital of Rs 150.71 Cr.

The company currently has active open charges totaling ₹1.25 M.

The Key Managerial Personnel (KMP) at Bajaj Allianz Life Insurance Company Limited India are Vipin Bansal as CFO and Rajesh Shanoy as Company Secretary. Sanjivnayan Bajaj, Nirajkumar Bajaj, Lila Poonawalla, and Ten other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U66010PN2001PLC015959

  • Company No.

    015959

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2001

  • Date of AGM

    29 Apr 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

What products or services does Bajaj Allianz Life Insurance Company Limited offer?

Bajaj Allianz Life Insurance Company Limited offers a wide range of products and services, including Insurance Agents and Services, Property Insurance, Corporate Finance & Leasing Advisors, Investment Service, Automotive Insurance, Insurance Service, Business Insurances, Tax Consultancy Service, Taxation Service, Life Insurance.

Who are the key members and board of directors at Bajaj Allianz Life Insurance Company?

Executive Team (3)

Name Designation Appointment Date Status
Vipin Bansal CFO 10-Apr-2024 Current
Tarun Chugh Country flag representing In Managing Director 01-Apr-2017 Current
Rajesh Shanoy Company Secretary 03-Apr-2017 Current

Board Members (12)

Name Designation Appointment Date Status
Sanjivnayan Bajaj Country flag representing In Director 12-Mar-2001 Current
Meleveetil Damodaran Country flag representing In Director 16-Oct-2019 Current
Lila Poonawalla Country flag representing In Director 06-Mar-2015 Current
Anup Wadhawan Country flag representing In Director 06-Jul-2022 Current
Anami Roy Country flag representing In Director 13-Mar-2020 Current
Nirajkumar Bajaj Country flag representing In Director 06-Mar-2008 Current

Financial Performance of Bajaj Allianz Life Insurance Company.

Bajaj Allianz Life Insurance Company 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%.

Graph illustrating revenue growth over time
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 Bajaj Allianz Life Insurance Company?

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

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.13 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.13 Cr

Latest Charge Details

Date Lender Amount Status
19 May 2023 The Hongkong And Shanghai Banking Corporation Limited ₹1.25 M Open

How Many Employees Work at Bajaj Allianz Life Insurance Company?

Bajaj Allianz Life Insurance Company has a workforce of 29926 employees as of Mar 28, 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 Bajaj Allianz Life Insurance Company, 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 Bajaj Allianz Life Insurance Company'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 Bajaj Allianz Life Insurance Company

Recent activity within the organization

  • Annual General Meeting

    Bajaj Allianz Life Insurance Company Limited last Annual general meeting of members was held on 29 Apr 2024 as per latest MCA records.

    29 Apr 2024

  • Director Appointment

    Vipin Bansal was appointed as a Cfo was appointed as a Cfo on 10 Apr 2024 & has been associated with this company since 9 months 24 days .

    10 Apr 2024

  • Balance Sheet

    Bajaj Allianz Life Insurance Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Janchristian Rosemeyer was appointed as a Alternate Director was appointed as a Alternate Director on 13 Sep 2023 & has been associated with this company since 1 year 4 months .

    13 Sep 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.13 Cr with Charge ID 100729113 was registered on 19 May 2023.

    19 May 2023

  • Director Appointment

    Renate Wagner was appointed as a Director was appointed as a Director on 28 Dec 2022 & has been associated with this company since 2 years 1 month .

    28 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Bajaj Allianz Life Insurance Company Limited was incorporated on 12 Mar 2001.

  • The authorized share capital of Bajaj Allianz Life Insurance Company Limited is ₹ 200.00 Cr and paid-up capital is ₹ 150.71 Cr.

  • Currently 15 directors are associated with Bajaj Allianz Life Insurance Company Limited.

    • Vipin Bansal
    • Sanjivnayan Rahulkumar Bajaj
    • Nirajkumar Ramkrishnaji Bajaj
    • Lila Firoz Poonawalla
    • Ranjit Kishorilal Gupta
    • Suraj Lal Mehta
    • Meleveetil Damodaran
    • Tarun Chugh
    • Ritu Arora
    • Renate Wagner
    • JanChristian Rosemeyer
    • Rajesh Umakant Shanoy
    • Anup Wadhawan
    • Sreenivasan Sivasubramoniam
    • Anami Narayan Prema Roy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bajaj Allianz Life Insurance Company Limited is Bajaj Allianz House Airport Road, Yerawada India, Pune, Maharashtra, 411006.

  • The corporate identification number (CIN) of Bajaj Allianz Life Insurance Company Limited is U66010PN2001PLC015959 and the company number is 015959 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bajaj Allianz Life Insurance Company Limited is https://www.bajajallianzlife.com

  • As Per 2023 financial reports, 29926 employees are currently employed by Bajaj Allianz Life Insurance Company Limited.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bajaj Allianz Life Insurance Company Limited amount to ₹ 1.25 M.

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

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