Tata Aia Life Insurance Company Limited

Offers various life insurance solutions and services through distributors and agents in India.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: June 21, 2024

Tata Aia Life Insurance Company Profile

Key Indicators

  • Authorised Capital ₹ 5,000.00 Cr
  • Paid Up Capital ₹ 2,933.50 Cr
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.20 M
  • Revenue Growth %
  • Total Assets %

About Tata Aia Life Insurance Company

Tata Aia Life Insurance Company Limited (TALICL) is a Public Limited Indian Non-Government Company incorporated in India on 23 August 2000 and has a history of 24 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Tata Aig 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 5,000.00 Cr and a paid-up capital of Rs 2,933.50 Cr.

The company currently has active open charges totaling ₹1.20 M.

The Key Managerial Personnel (KMP) at Tata Aia Life Insurance Company Limited India are Swaminathan Iyer as COMPANY SECRETARY and Samit Upadhyay as Cfo. Saurabh Agrawal, Nilesh Sathe, Arvind Sahay, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66010MH2000PLC128403

  • Company No.

    128403

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2000

  • Date of AGM

    27 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Venkatachalam Iyer Country flag representing In Managing Director14-Mar-2024Current
Swaminathan Iyer Company SecretaryCurrent
Samit Upadhyay Country flag representing In CFOCurrent

Board Members (9)

NameDesignationAppointment DateStatus
Saurabh Agrawal Country flag representing In Director 01-Aug-2017Current
Nilesh Sathe Country flag representing In Director 01-Feb-2022Current
Naveen Tahilyani Country flag representing In Additional Director 06-Jan-2015Current
Arvind Sahay Country flag representing In Additional Director Current
Aarthi Subramanian Country flag representing In Director 02-Sep-2017Current
Alice Vaidyan Country flag representing In Director 01-Aug-2020Current

Financial Performance of Tata Aia Life Insurance Company.

Tata Aia 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%.

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 Tata Aia Life Insurance Company?

In 2023, Tata Aia Life Insurance Company 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)

Open Charges

₹0.12 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jun 2022The Hongkong And Shanghai Banking Corporation Limited₹1.20 MOpen

How Many Employees Work at Tata Aia Life Insurance Company?

Tata Aia Life Insurance Company has a workforce of 13851 employees as of Apr 09, 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 Tata Aia 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 Tata Aia 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 Tata Aia Life Insurance Company

Recent activity within the organization

  • Director Appointment

    Venkatachalam Iyer was appointed as a Managing Director was appointed as a Managing Director on 14 Mar 2024 & has been associated with this company since 10 months 18 days .

    14 Mar 2024

  • Annual General Meeting

    Tata Aia Life Insurance Company Limited last Annual general meeting of members was held on 27 Jun 2023 as per latest MCA records.

    27 Jun 2023

  • Balance Sheet

    Tata Aia 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

    Tanya Kitt was appointed as a Alternate Director was appointed as a Alternate Director on 16 Nov 2022 & has been associated with this company since 2 years 2 months .

    16 Nov 2022

  • Director Appointment

    Jayne Lynn Plunkett was appointed as a Director was appointed as a Director on 16 Jun 2022 & has been associated with this company since 2 years 7 months .

    16 Jun 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.12 Cr with Charge ID 100594556 was registered on 02 Jun 2022.

    02 Jun 2022

Recent News, Updates & Announcement

  • News icon
    Tata AIA launches new Multi-Cap Index Fund.

    20 Dec 2024 Thehindubusinessline

  • News icon
  • News icon
    Tata AIA Named Kincentric Best Employer for 2023. | Technology.

    Mumbai 16 March 2024 Tata AIA Life Insurance Company Limited Tata AIA one of Indias leading life insurers is proud to announce its recognition as a Kincentric Best Employer 2023 Kincentric Is a globally renowned platform that showcases organizations which are industry leaders in employee engagement and development Tata AIAs recognition as the Kincentric Best Employer for the 8th consecutive year is a result of its effective people management in an increasingly complex business environment Consumer Obsession is a core value of the Company and initiatives are implemented under the Customer First mission By consistently placing customers first Tata AIA builds trust and loyalty among its customer base enhancing the entire customer lifecycle experience emphasizing sales service and claims transparency.

    16 Mar 2024 Devdiscourse

  • News icon
    Tata AIA Investment Plans: Achieving Consistent Performance from the Beginning | Technology.

    Mumbai 16 March 2024 Driven by its core value of consumer obsession Tata AIA Life Insurance Co Ltd Tata AIA one of Indiarsquos leading life insurers has introduced a host of funds over time for the benefit of consumers One can avail of these funds through the companyrsquos unique Investment-Linked Plans ILPs ULIPs and market-linked health plans to generate wealth in the long term and ensure protection cover for loved ones From capitalizing on small caps and emerging opportunities to investing in sustainably conscious companies the spectrum of these funds is versatile.

    16 Mar 2024 Devdiscourse

  • News icon
  • News icon
    Tata AIA Flexi Growth Fund NFO window to close on December 31, 2023 | Technology.

    Tata AIA Life Insurance Tata AIA one of Indias leading life insurers introduces the Tata AIA Life Flexi Growth Fund that allows policyholders to invest in a wide range of companies in the Large Mid and Small cap space depending on the attractiveness of each at any given point in time The New Fund Offering NFO with Unit-Linked Products window will remain open until December 31 2023 at a NAV of Rs 10 per unit.

    27 Dec 2023 Devdiscourse

Frequently asked questions

  • Tata Aia Life Insurance Company Limited was incorporated on 23 Aug 2000.

  • The authorized share capital of Tata Aia Life Insurance Company Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 2,933.50 Cr.

  • Currently 12 directors are associated with Tata Aia Life Insurance Company Limited.

    • Saurabh Mahesh Agrawal
    • Nilesh Bhaskar Sathe
    • Arvind Sahay
    • Naveen Dindayal Tahilyani
    • Aarthi Subramanian
    • Alice Geevarghese Vaidyan
    • Garth Brian Jones
    • Jayne Lynn Plunkett
    • Tanya Kitt
    • Venkatachalam Iyer
    • Swaminathan Iyer
    • Samit Jatashankar Upadhyay
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tata Aia Life Insurance Company Limited is 14Th Floor Tower A Peninsula Business Park, Senapati Bapat Marg Lower Parel Mumbai - 400013, Maharashtra, India.

  • The corporate identification number (CIN) of Tata Aia Life Insurance Company Limited is U66010MH2000PLC128403 and the company number is 128403 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tata Aia Life Insurance Company Limited is https://www.tataaia.com

  • As Per 2023 financial reports, 13851 employees are currently employed by Tata Aia Life Insurance Company Limited.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tata Aia Life Insurance Company Limited amount to ₹ 1.20 M.

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

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