Pramerica Life Insurance Profile
Key Indicators
- Authorised Capital ₹ 2,000.00 Cr
- Paid Up Capital ₹ 374.06 Cr
- Company Age 17 Year, 8 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 eight 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
- Website
- 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  | Managing Director | 15-Mar-2023 | Current |
| Pankaj Gupta | CFO | 04-Nov-2024 | Current |
| Nupur Sharma | Company Secretary | 19-Jul-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sindhushree Khullar | Director | 13-Oct-2017 | Current |
| Jairam Sridharan | Director | 01-Dec-2021 | Current |
| Abhijit Sen | Director | 02-Mar-2020 | Current |
| Pravin Kutumbe | Director | 01-Apr-2024 | Current |
| Pavan Dhamija | Director | 30-Apr-2020 | Current |
| Jagdeep Mallareddy | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Kalyani Forge LimitedAbhijit Sen is a mutual person
Aditya Birla Sun Life Trustee Private LimitedPravin Kutumbe is a mutual person
Credila Financial Services LimitedAbhijit Sen is a mutual person
Asirvad Micro Finance LimitedAbhijit Sen is a mutual person
Manappuram Finance LimitedAbhijit Sen is a mutual person
Piramal Capital & Housing Finance LimitedJairam Sridharan is a mutual person
Charges (Loans)
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.
Deals i
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
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 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 3 months 29 days .
- Annual General Meeting
Pramerica Life Insurance Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.
- 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 7 months 15 days .
- 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 11 months 2 days .
- Balance Sheet
Pramerica Life Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- 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 6 months .
Recent News, Updates & Announcement
- Pramerica Life Insurance appoints Pankaj Gupta as MD and CEO.
Pramerica Life Insurance Limited is a joint venture between DIL, a wholly owned subsidiary of Piramal Capital and Housing Finance Limited and Prudential International Insurance Holdings, Ltd. (PIIH), a fully owned subsidiary of Prudential Financial, Inc. (PFI)..
Frequently asked questions
What is the Incorporation or founding date of Pramerica Life Insurance Limited?
Pramerica Life Insurance Limited was incorporated on 25 Jun 2007.
What is authorized share capital and paid-up capital of Pramerica Life Insurance Limited?
The authorized share capital of Pramerica Life Insurance Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 374.06 Cr.
Who are the current board members & directors of Pramerica Life Insurance Limited?
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
What is the registered address of Pramerica Life Insurance Limited?
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.
What is the corporate identification number (CIN) and company number of Pramerica Life Insurance Limited?
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).
What is the official website of Pramerica Life Insurance Limited?
The Official website of Pramerica Life Insurance Limited is https://www.pramericalife.in
How many employees does Pramerica Life Insurance Limited currently have?
As Per 2022 financial reports, 3117 employees are currently employed by Pramerica Life Insurance Limited.
When was the last Balance Sheet of Pramerica Life Insurance Limited filed with the ROC?
The most recent Balance Sheet for Pramerica Life Insurance Limited was filed with the ROC on 31 Mar 2024.
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