Indiabulls General Insurance Profile
Key Indicators
- Authorised Capital ₹ 100.10 Cr
- Paid Up Capital ₹ 100.10 Cr
- Company Age 7 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -18.45%
- Profit Growth -27.19%
- Ebitda 32.56%
- Net Worth 6.06%
- Total Assets 6.05%
About Indiabulls General Insurance
Indiabulls General Insurance Limited (IGIL) is a Public Limited Indian Non-Government Company incorporated in India on 24 January 2018 (Seven years and one month 6 days old ). Its registered office is in Gurugram, Haryana, India.
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 100.10 Cr and a paid-up capital of Rs 100.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indiabulls General Insurance Limited India are Akhil Malhotra as CFO and Rishu Singh as Company Secretary. Prem Mirdha, Sargam Kataria, and Akhil Malhotra serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66000HR2018PLC118102
- Company No.
328939
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jan 2018
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Indiabulls General Insurance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akhil Malhotra  | CFO | 10-Nov-2022 | Current |
| Rishu Singh | Company Secretary | 09-Jan-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prem Mirdha | Director | 10-Sep-2024 | Current |
| Sargam Kataria | Director | 21-Dec-2022 | Current |
| Akhil Malhotra | Whole-Time Director and Cfo | 10-Nov-2022 | Current |
Financial Performance of Indiabulls General Insurance.
Indiabulls General Insurance Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 18.45% decrease. The company also saw a substantial fall in profitability, with a 27.19% decrease in profit. The company's net worth moved up by a moderate rise of 6.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indiabulls General Insurance?
In 2019, Indiabulls General Insurance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indiabulls Asset Reconstruction Company LimitedPrem Mirdha and Sargam Kataria are mutual person
Indiabulls Rural Finance Private LimitedPrem Mirdha is a mutual person
Yaari Digital Integrated Services LimitedPrem Mirdha and Akhil Malhotra are mutual person
Dhani Services LimitedPrem Mirdha is a mutual person
- Dhani Loans And Services Limited
Prem Mirdha and Sargam Kataria are mutual person
Airmid Aviation Services LimitedPrem Mirdha is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Indiabulls General Insurance?
Unlock and access historical data on people associated with Indiabulls General Insurance, 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 Indiabulls General 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 Indiabulls General Insurance'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 Indiabulls General Insurance
Recent activity within the organization
- Annual General Meeting
Indiabulls General Insurance Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Prem Prakash Mirdha was appointed as a Director was appointed as a Director on 10 Sep 2024 & has been associated with this company since 5 months 21 days .
- Balance Sheet
Indiabulls General Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Rishu Singh was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jan 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Sargam Kataria was appointed as a Director was appointed as a Director on 21 Dec 2022 & has been associated with this company since 2 years 2 months .
- Director Appointment
Akhil Malhotra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Nov 2022 & has been associated with this company since 2 years 3 months .
Recent News, Updates & Announcement
Indiabulls Housing Finance Shifts Focus to Retail Loans, Aims for 20% Growth and Positive Image.Indiabulls Housing Finance is leaving risky developer loans and focusing on retail loans. They want to grow their loan book and profits by 20% in the next few years. They also want to change the negative perception around them..
- Indiabulls Group companies fall on plea against housing finance arm | Mint.
Indiabulls Housing Fin tanked 5%, Indiabulls Real Estate fell 1.3%, Lakshmi Vilas Bank declined 5%, Indiabulls Ventures fell 1%.Earlier on 10 June a plea was filed in the SC, seeking legal action against Indiabulls Housing Fin, Sameer Gehlaut and the directors for alleged misappropriation of money.
Frequently asked questions
What is the Incorporation or founding date of Indiabulls General Insurance Limited?
Indiabulls General Insurance Limited was incorporated on 24 Jan 2018.
What is authorized share capital and paid-up capital of Indiabulls General Insurance Limited?
The authorized share capital of Indiabulls General Insurance Limited is ₹ 100.10 Cr and paid-up capital is ₹ 100.10 Cr.
Who are the current board members & directors of Indiabulls General Insurance Limited?
Currently 5 directors are associated with Indiabulls General Insurance Limited.
- Prem Prakash Mirdha
- Sargam Kataria
- Akhil Malhotra
- Akhil Malhotra
- Rishu Singh
What is the registered address of Indiabulls General Insurance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indiabulls General Insurance Limited is 5Th Floor Plot No. 108 It Park Udyog Vihar Phase 1, India, Industrial Complex Dundahera, Haryana, 122016.
What is the corporate identification number (CIN) and company number of Indiabulls General Insurance Limited?
The corporate identification number (CIN) of Indiabulls General Insurance Limited is U66000HR2018PLC118102 and the company number is 328939 as per Ministry of Corporate Affairs (MCA).
What is the official website of Indiabulls General Insurance Limited?
The Official website of Indiabulls General Insurance Limited is https://www.indiabulls.com
What has been the recent revenue trend for Indiabulls General Insurance Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Indiabulls General Insurance Limited has fallen by -18.45%.
What change has been observed in the net worth of Indiabulls General Insurance Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Indiabulls General Insurance Limited has experienced an upsurge of 6.06%.
When was the last Balance Sheet of Indiabulls General Insurance Limited filed with the ROC?
The most recent Balance Sheet for Indiabulls General Insurance Limited was filed with the ROC on 31 Mar 2024.
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