Indiafirst Life Insurance Company Limited

A life insurance company offering a diverse range of products to customers across India.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: July 06, 2024

Indiafirst Life Insurance Company Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 754.37 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Indiafirst Life Insurance Company

Indiafirst Life Insurance Company Limited (ILICL) is a Public Limited Indian Non-Government Company incorporated in India on 19 June 2008 and has a history of 16 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Baroda L & G 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 1,000.00 Cr and a paid-up capital of Rs 754.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indiafirst Life Insurance Company Limited India are Aniket Karandikar as COMPANY SECRETARY and Kedar Patki as Cfo. Hemant Kaul, Harita Gupta, Narendra Ostawal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66010MH2008PLC183679

  • Company No.

    183679

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Indiafirst Life Insurance Company Limited offer?

Indiafirst Life Insurance Company Limited offers a wide range of products and services, including Insurance Agents and Services, Life Insurance, Insurance Service, Corporate Finance & Leasing Advisors, Investment Service.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Aniket Karandikar Country flag representing In Company SecretaryCurrent
Vishakha Maheshwari Country flag representing In Managing Director03-Mar-2015Current
Kedar Patki Country flag representing In CFOCurrent

Board Members (5)

NameDesignationAppointment DateStatus
Narendra Ostawal Country flag representing In Nominee Director 07-Feb-2019Current
Hemant Kaul Country flag representing In Director 27-Jul-2021Current
Harita Gupta Country flag representing In Director 27-Jul-2021Current
Debadatta Chand Country flag representing In Nominee Director 13-Sep-2023Current
Kavassery Gopalakrishnan Country flag representing In Director 30-Mar-2021Current

Financial Performance of Indiafirst Life Insurance Company.

Indiafirst 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%.

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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 Indiafirst Life Insurance Company?

In 2022, Indiafirst Life Insurance Company had a promoter holding of 91.00% and a public holding of 9.00%. 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 Indiafirst Life Insurance Company?

Indiafirst Life Insurance Company has a workforce of 4303 employees as of Apr 07, 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 Indiafirst 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 Indiafirst 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 Indiafirst Life Insurance Company

Recent activity within the organization

  • Annual General Meeting

    Indiafirst Life Insurance Company Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Debadatta Chand was appointed as a Nominee Director was appointed as a Nominee Director on 13 Sep 2023 & has been associated with this company since 1 year 4 months .

    13 Sep 2023

  • Balance Sheet

    Indiafirst Life Insurance Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Hemant Kaul was appointed as a Director was appointed as a Director on 27 Jul 2021 & has been associated with this company since 3 years 6 months .

    27 Jul 2021

  • Director Appointment

    Harita Gupta was appointed as a Director was appointed as a Director on 27 Jul 2021 & has been associated with this company since 3 years 6 months .

    27 Jul 2021

  • Director Appointment

    Kavassery Sankaranarayanan Gopalakrishnan was appointed as a Director was appointed as a Director on 30 Mar 2021 & has been associated with this company since 3 years 10 months .

    30 Mar 2021

Frequently asked questions

  • Indiafirst Life Insurance Company Limited was incorporated on 19 Jun 2008.

  • The authorized share capital of Indiafirst Life Insurance Company Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 754.37 Cr.

  • Currently 8 directors are associated with Indiafirst Life Insurance Company Limited.

    • Aniket Karandikar
    • Hemant Kaul
    • Harita Gupta
    • Narendra Ostawal
    • Kavassery Sankaranarayanan Gopalakrishnan
    • Vishakha Rajesh Maheshwari
    • Debadatta Chand
    • Kedar Anant Patki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indiafirst Life Insurance Company Limited is 12Th And 13Th Floor North C Wing Tower 4 Nesco, It Park Western Express Highway Goregaon East, Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Indiafirst Life Insurance Company Limited is U66010MH2008PLC183679 and the company number is 183679 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indiafirst Life Insurance Company Limited is https://www.indiafirstlife.com

  • As Per 2023 financial reports, 4303 employees are currently employed by Indiafirst Life Insurance Company Limited.

  • The most recent Balance Sheet for Indiafirst Life Insurance Company Limited was filed with the ROC on 31 Mar 2023.

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