General Insurance Corporation Of India Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 877.20 Cr
- Company Age 52 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 320.00 Cr
- Revenue Growth %
- Ebitda
- Net Worth
- Total Assets %
About General Insurance Corporation Of India
General Insurance Corporation Of India (GICOI) was founded in India on 22 November 1972 and has a glorious history of 52 years and four months.Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540755 and on the National Stock Exchange(NSE) under GICRE.
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 1,000.00 Cr and a paid-up capital of Rs 877.20 Cr.
The company currently has active open charges totaling ₹320.00 Cr.
The Key Managerial Personnel (KMP) at General Insurance Corporation Of India India are Suresh Savaliya as COMPANY SECRETARY and Balkrishna Variar as Cfo. Priya Sharma, Maruthi Tangirala, Arumugam Manimekhalai, and Five other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Financial Services
General Insurance Corporation Of India
Explore comprehensive data for General Insurance Corporation Of India, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at General Insurance Corporation Of India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramaswamy Narayanan  | Managing Director | 01-Oct-2023 | Current |
| Suresh Savaliya | Company Secretary | 27-Dec-2023 | Current |
| Balkrishna Variar | CFO | 06-May-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Priya Sharma | Director | 22-Mar-2022 | Current |
| Maruthi Tangirala | Director | 05-Jan-2023 | Current |
| Arumugam Manimekhalai | Director | 05-Sep-2022 | Current |
| Hitesh Joshi | Whole-Time Director | 09-Jul-2024 | Current |
| Thanikachalam Sivakumar | Director | 29-Dec-2021 | Current |
| Vinata Kumari | Director | 29-Mar-2023 | Current |
Financial Performance of General Insurance Corporation Of India.
General Insurance Corporation Of India, for the financial year ended 2022, 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 General Insurance Corporation Of India?
In 2022, General Insurance Corporation Of India had a promoter holding of 85.78% and a public holding of 14.21%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indian Institute Of Banking And FinanceArumugam Manimekhalai is a mutual person
Health Insurance Tpa Of India LimitedRamaswamy Narayanan is a mutual person
Agriculture Insurance Company Of India LimitedRamaswamy Narayanan is a mutual person
Union Asset Management Company Private LimitedArumugam Manimekhalai is a mutual person
Gic Housing Finance LimitedHitesh Joshi and Ramaswamy Narayanan are mutual person
Ecgc LimitedRamaswamy Narayanan is a mutual person
Charges (Loans)
Open Charges
₹320.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Lloyds Bank Plc : 320.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2014 | Lloyds Bank Plc | ₹320.00 Cr | Open |
How Many Employees Work at General Insurance Corporation Of India?
Unlock and access historical data on people associated with General Insurance Corporation Of India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of General Insurance Corporation Of India, 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 General Insurance Corporation Of India's trajectory.
Rating
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
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 General Insurance Corporation Of India
Recent activity within the organization
- Annual General Meeting
General Insurance Corporation Of India last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Radhika Seetharaman Chinnadaraduram was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jul 2024 & has been associated with this company since 9 months 3 days .
- Director Appointment
Hitesh Joshi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 09 Jul 2024 & has been associated with this company since 9 months 6 days .
- Director Appointment
Balkrishna Variar was appointed as a Cfo was appointed as a Cfo on 06 May 2024 & has been associated with this company since 11 months 9 days .
- Balance Sheet
General Insurance Corporation Of India has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Suresh Kanubhai Savaliya was appointed as a Company Secretary was appointed as a Company Secretary on 27 Dec 2023 & has been associated with this company since 1 year 3 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of General Insurance Corporation Of India?
General Insurance Corporation Of India was incorporated on 22 Nov 1972.
What is authorized share capital and paid-up capital of General Insurance Corporation Of India?
The authorized share capital of General Insurance Corporation Of India is ₹ 1,000.00 Cr and paid-up capital is ₹ 877.20 Cr.
Who are the current board members & directors of General Insurance Corporation Of India?
Currently 10 directors are associated with General Insurance Corporation Of India.
- Priya Bhushan Sharma
- Maruthi Prasad Tangirala
- Arumugam Manimekhalai
- Hitesh Joshi
- Thanikachalam Sivakumar
- Vinata Kumari
- Ramaswamy Narayanan
- Radhika Seetharaman Chinnadaraduram
- Suresh Kanubhai Savaliya
- Balkrishna Variar
What is the registered address of General Insurance Corporation Of India?
As per Ministry of Corporate Affairs (Mca), the registered address of General Insurance Corporation Of India is Suraksha170 J Tata Road Churchgate India, Mumbai, Maharashtra, 400020.
What is the corporate identification number (CIN) and company number of General Insurance Corporation Of India?
The corporate identification number (CIN) of General Insurance Corporation Of India is L67200MH1972GOI016133 and the company number is 016133 as per Ministry of Corporate Affairs (MCA).
Is General Insurance Corporation Of India registered with any stock exchange in India?
Yes, General Insurance Corporation Of India is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GICRE.
What is the official website of General Insurance Corporation Of India?
The Official website of General Insurance Corporation Of India is https://www.gicofindia.com
What are the total open charges for General Insurance Corporation Of India?
As per the financial statements for fiscal Year 2022, The total open charges for General Insurance Corporation Of India amount to ₹ 320.00 Cr.
When was the last Balance Sheet of General Insurance Corporation Of India filed with the ROC?
The most recent Balance Sheet for General Insurance Corporation Of India was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Yogesh LohiyaDirector
Usha SangwanDirector
Sushobhan SarkerDirector
Sunil MathurDirector
Mothakapalli GowdaDirector
Om BhattDirector
Bhaskara RaoDirector
Vishwanathan NairDirector
Similar Companies Based on General Insurance Providers
Tata Motors Insurance Broking And Advisory Services Limited Mumbai, Maharashtra, India
Prudential Wealth Advisors Private Limited Hyderabad, Telangana, India
Proclaim Insurance Surveyors And Loss Assessors Private Limited Gurugram, Haryana, India
Muthoot Risk Insurance And Broking Services Private Limited Bangaluru, Karnataka, India
Mgs Fab Equipments Private Limited Lucknow, Uttar Pradesh, India
Quality Application Solutions Private Limited Mumbai, Maharashtra, India
Indiabulls General Insurance Limited Gurugram, Haryana, India
Acko General Insurance Limited Bangaluru, Karnataka, India