Reliance General Insurance Company Limited

Leading financial services company offering general insurance services across India.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: July 01, 2024

Reliance General Insurance Company Profile

Key Indicators

  • Authorised Capital ₹ 300.00 Cr
  • Paid Up Capital ₹ 264.91 Cr
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 831.43 Cr
  • Satisfied Charges ₹ 871.39 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Reliance General Insurance Company

Reliance General Insurance Company Limited (RGICL) is a Public Limited Indian Non-Government Company incorporated in India on 17 August 2000 and has a history of 24 years and six months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 300.00 Cr and a paid-up capital of Rs 264.91 Cr.

The company currently has active open charges totaling ₹831.43 Cr. The company has closed loans amounting to ₹871.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reliance General Insurance Company Limited India are Rakesh Jain as Ceo, Hemant Jain as Cfo, and Sushil Sojitra as Company Secretary. Rajendra Chitale, Rakesh Jain, Thomas Mathew, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U66603MH2000PLC128300

  • Company No.

    128300

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2000

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Reliance General Insurance Company Limited offer?

Reliance General Insurance Company Limited offers a wide range of products and services, including Insurance Agents and Services, Insurance Service, Smart Watch, Apple Watches, Mobile Phones, HTC Mobile Phones, Ismart Mobile Phones, LED Monitor, LG Computer Monitor, Travel Insurance.

Who are the key members and board of directors at Reliance General Insurance Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Rakesh Jain CEO20-Oct-2020Current
Hemant Jain CFO01-Apr-2014Current
Sushil Sojitra Company Secretary25-Jan-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Chhaya Virani Country flag representing In Director 31-Mar-2015Current
Rajendra Chitale Country flag representing In Director 12-Jun-2006Current
Rakesh Jain Country flag representing In Whole-Time Director 20-Oct-2011Current
Thomas Mathew Country flag representing In Director 06-Oct-2017Current
Aman Gudral Country flag representing In Nominee Director 27-Mar-2024Current

Financial Performance of Reliance General Insurance Company.

Reliance General 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%.

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 Reliance General Insurance Company?

In 2023, Reliance General Insurance Company had a promoter holding of 99.79% and a public holding of 0.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹831.43 Cr

Satisfied Charges

₹871.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 340.68 Cr
  • The Royal Bank Of Scotland N. V. : 302.87 Cr
  • Aircraft Msn 4070 Llc : 187.88 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 2019Others₹248.29 CrOpen
09 Jan 2019Others₹92.39 CrOpen
07 Mar 2018The Royal Bank Of Scotland N. V.₹146.92 CrOpen
14 Feb 2018The Royal Bank Of Scotland N. V.₹155.95 CrOpen
22 Apr 2015Aircraft Msn 4070 Llc₹187.88 CrOpen

How Many Employees Work at Reliance General Insurance Company?

Reliance General Insurance Company has a workforce of 6071 employees as of Apr 01, 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 Reliance General 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 Reliance General 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 Reliance General Insurance Company

Recent activity within the organization

  • Director Appointment

    Aman Gudral was appointed as a Nominee Director was appointed as a Nominee Director on 27 Mar 2024 & has been associated with this company since 10 months 28 days .

    27 Mar 2024

  • Annual General Meeting

    Reliance General Insurance Company Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 23 Feb 2016 via Charge ID 10626767 with Bnp Paribas (Acting Through Its Singapore Branch) was fully satisfied on 03 Aug 2022.

    03 Aug 2022

  • Charges

    A charge registered on 31 Aug 2018 via Charge ID 100205294 with Others was fully satisfied on 28 Nov 2019.

    28 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 248.29 Cr with Charge ID 100303148 was registered on 25 Nov 2019.

    25 Nov 2019

Frequently asked questions

  • Reliance General Insurance Company Limited was incorporated on 17 Aug 2000.

  • The authorized share capital of Reliance General Insurance Company Limited is ₹ 300.00 Cr and paid-up capital is ₹ 264.91 Cr.

  • Currently 8 directors are associated with Reliance General Insurance Company Limited.

    • Rajendra Prabhakar Chitale
    • Rakesh Jain
    • Thomas Mathew
    • Chhaya Virani
    • Aman Gudral
    • Rakesh Jain
    • Hemant Kumar Shanti Lal Jain
    • Sushil Sojitra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliance General Insurance Company Limited is 6Th Floor Oberoi Commerz-1, International Business Park Oberoi Garden City, Goregaon East, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Reliance General Insurance Company Limited is U66603MH2000PLC128300 and the company number is 128300 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliance General Insurance Company Limited is https://www.reliancegeneral.co.in

  • As Per 2023 financial reports, 6071 employees are currently employed by Reliance General Insurance Company Limited.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reliance General Insurance Company Limited amount to ₹ 831.43 Cr.

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

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