Pramerica Life Insurance Limited

Provides life insurance solutions for individuals, including child's future, retirement planning, and wealth creation.

2007 | Gurugram, Haryana (India) | Active
Last Updated: December 16, 2024

Pramerica Life Insurance Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 374.06 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Pramerica Life Insurance

Pramerica Life Insurance Limited (PLIL) is a Public Limited Indian Non-Government Company incorporated in India on 25 June 2007 and has a history of 17 years and seven months. Its registered office is in Gurugram, Haryana, India.

The Corporate was formerly known as Dhfl Pramerica 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 2,000.00 Cr and a paid-up capital of Rs 374.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pramerica Life Insurance Limited India are Pankaj Gupta as Ceo, Pankaj Gupta as Cfo, and Nupur Sharma as Company Secretary. Abhijit Sen, Sindhushree Khullar, Pravin Kutumbe, and Six other members serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66000HR2007PLC052028

  • Company No.

    052028

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2007

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

What products or services does Pramerica Life Insurance Limited offer?

Pramerica Life Insurance Limited offers a wide range of products and services, including Insurance Service, Life Insurance.

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

Executive Team (3)

Name Designation Appointment Date Status
Pankaj Gupta Country flag representing In Managing Director 15-Mar-2023 Current
Pankaj Gupta Country flag representing In CFO 04-Nov-2024 Current
Nupur Sharma Company Secretary 19-Jul-2024 Current

Board Members (8)

Name Designation Appointment Date Status
Sindhushree Khullar Country flag representing In Director 13-Oct-2017 Current
Jairam Sridharan Country flag representing In Director 01-Dec-2021 Current
Abhijit Sen Country flag representing In Director 02-Mar-2020 Current
Pravin Kutumbe Country flag representing In Director 01-Apr-2024 Current
Pavan Dhamija Country flag representing In Director 30-Apr-2020 Current
Jagdeep Mallareddy Country flag representing In Director 01-Dec-2021 Current

Financial Performance of Pramerica Life Insurance.

Pramerica Life Insurance Limited, 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%.

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 Pramerica Life Insurance?

In 2023, Pramerica Life 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 Pramerica Life Insurance?

Pramerica Life Insurance has a workforce of 3117 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 Pramerica Life 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 Pramerica Life 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 Pramerica Life Insurance

Recent activity within the organization

  • Director Appointment

    Pankaj Kumar Gupta was appointed as a Cfo was appointed as a Cfo on 04 Nov 2024 & has been associated with this company since 2 months 29 days .

    04 Nov 2024

  • Annual General Meeting

    Pramerica Life Insurance Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Director Appointment

    Nupur Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 19 Jul 2024 & has been associated with this company since 6 months 15 days .

    19 Jul 2024

  • Director Appointment

    Pravin Hari Kutumbe was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 1 day .

    01 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Joel Abraham Varghese was appointed as a Director was appointed as a Director on 24 Aug 2023 & has been associated with this company since 1 year 5 months .

    24 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Pramerica Life Insurance Limited was incorporated on 25 Jun 2007.

  • The authorized share capital of Pramerica Life Insurance Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 374.06 Cr.

  • Currently 12 directors are associated with Pramerica Life Insurance Limited.

    • Abhijit Sen
    • Sindhushree Khullar
    • Pravin Hari Kutumbe
    • Pavan Dhamija
    • Jairam Sridharan
    • Jagdeep Mallareddy
    • Phanesh S V S Modukuru
    • Pankaj Gupta
    • Pankaj Gupta
    • Pankaj Kumar Gupta
    • Nupur Sharma
    • Joel Abraham Varghese
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pramerica Life Insurance Limited is 4Th Floor Building No. 9 Tower B Cyber City, Dlf City Phase Iii India, Guragaon, Haryana, 122002.

  • The corporate identification number (CIN) of Pramerica Life Insurance Limited is U66000HR2007PLC052028 and the company number is 052028 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pramerica Life Insurance Limited is https://www.pramericalife.in

  • As Per 2022 financial reports, 3117 employees are currently employed by Pramerica Life Insurance Limited.

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

Similar Companies Based on General Insurance Providers