Indiabulls General Insurance Limited

Founded in 2018 and headquartered in Haryana, India.

2018 | Gurugram, Haryana (India) | Active
Last Updated: January 05, 2025

Indiabulls General Insurance Profile

Key Indicators

  • Authorised Capital ₹ 100.10 Cr
  • Paid Up Capital ₹ 100.10 Cr
  • Company Age 7 Year, 7 Days
  • 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 7 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
  • 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)

NameDesignationAppointment DateStatus
Akhil Malhotra Country flag representing In CFO10-Nov-2022Current
Rishu Singh Company Secretary09-Jan-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Prem Mirdha Country flag representing In Director 10-Sep-2024Current
Sargam Kataria Country flag representing In Director 21-Dec-2022Current
Akhil Malhotra Country flag representing In Whole-Time Director and Cfo 10-Nov-2022Current

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%.

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
-18.45%
Revenue from Operations
Total Assets
6.05%
Profit or Loss
-27.19%
Net Worth
6.06%
EBITDA
32.56%

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    26 Sep 2024

  • 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 4 months 22 days .

    10 Sep 2024

  • Balance Sheet

    Indiabulls General Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • 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 22 days .

    09 Jan 2024

  • 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 1 month .

    21 Dec 2022

  • 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 2 months .

    10 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Indiabulls General Insurance Limited was incorporated on 24 Jan 2018.

  • The authorized share capital of Indiabulls General Insurance Limited is ₹ 100.10 Cr and paid-up capital is ₹ 100.10 Cr.

  • Currently 5 directors are associated with Indiabulls General Insurance Limited.

    • Prem Prakash Mirdha
    • Sargam Kataria
    • Akhil Malhotra
    • Akhil Malhotra
    • Rishu Singh
  • 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.

  • 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).

  • The Official website of Indiabulls General Insurance Limited is https://www.indiabulls.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Indiabulls General Insurance Limited has fallen by -18.45%.

  • 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%.

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

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