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General Insurance Corporation Of India

Established in 1972, General Insurance Corporation Of India has 53 years of operational experience. Its CIN is L67200MH1972GOI016133, with registration number 16133. The organization is recorded as company limited by shares under Indian company law. The declared authorized capital is ₹1,000.00 crore. The company’s paid-up capital is ₹877.20 crore.

Mainly engaged in activities auxiliary to insurance and pension funding [this class includes activities involved in or closely related to the management of insurance and pension funding other than financial in. The company’s registration location is Mumbai. Its official registered office is situated at Suraksha170 J Tata Road Churchgate, Mumbai, Maharashtra, India, 400020. Currently, the company’s operational status is active. General Insurance Corporation Of India is registered with the PAN code AAACG0615N. The entity’s LEI (Legal Entity Identifier) number is 5493001L5RU4INMMUJ95. All official communications can be sent to cmd@gicre.in. General Insurance Corporation Of India’s leading executives are Balkrishna Variar (CFO).

Company Overview

CIN
L67200MH1972GOI016133
Date of Incorporation
21/11/1972
Company Status
Active
RoC
Mumbai
Registration Number
016133
Balance sheet date
31/03/2024
Company Category
Company limited by shares
Company Sub Category
Union government company
Listed in Stock Exchange
Yes
Class of Company
Company owned by the Government of India
LEI Number
5493001L5RU4INMMUJ95
LEI Status
Issued
Authorized Capital
₹10,00,00,00,000.00
Paid up Capital
₹8,77,20,00,000.00
Activity
Activities auxiliary to insurance and pension funding [This class includes activities involved in or closely related to the management of insurance and pension funding other than financial in
E-mail
cmd@gicre.in
PAN
AAACG0615N

GST Numbers

StateGST NumberStatus
Delhi07AAACG0615N1ZQInactive
07AAACG0615N1DZActive
07AAACG0615N2ZPActive
Gujarat24AAACG0615N2ZTActive
24AAACG0615N1D3Active
24AAACG0615N1ZUInactive
Maharashtra27AAACG0615N2ZNActive
27AAACG0615N1DXActive
27AAACG0615N1ZOActive
Tamil Nadu33AAACG0615N2ZUInactive

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/2023
Net PPE₹29,239.00L₹29,127.00L₹29,041.00L₹29,663.33L
Goodwill₹2,738.00L₹2,738.00L₹2,738.00L₹2,738.32L
Gross PPE₹45,718.00L₹45,667.00L₹44,410.00L₹44,097.05L
Common Stock₹87,720.00L₹87,720.00L₹87,720.00L₹87,720.00L
Share Issued₹17,544.00L₹17,544.00L₹17,544.00L₹17,544.00L
Total Assets₹2,05,73,280.00L₹1,94,76,943.00L₹1,84,45,232.00L₹1,62,73,074.02L
Capital Stock₹87,720.00L₹87,720.00L₹87,720.00L₹87,720.00L
Prepaid Assets₹3,01,019.00L₹2,97,215.00L₹56,349.00L₹79,780.17L
Financial Assets₹0.00L₹0.00L₹0.00L₹0.00L
Invested Capital₹70,48,082.00L₹61,49,970.00L₹55,25,655.00L₹45,18,473.77L
Other Properties₹1,142.00L₹1,397.00L₹1,535.00L₹1,388.44L
Retained Earnings₹34,51,588.00L₹26,61,390.00L₹20,93,646.00L₹15,51,376.07L
Common Stock Equity₹70,48,082.00L₹61,49,970.00L₹55,25,655.00L₹45,18,473.77L
Net Tangible Assets₹70,44,139.00L₹61,46,441.00L₹55,22,917.00L₹45,15,735.45L
Tangible Book Value₹70,44,139.00L₹61,46,441.00L₹55,22,917.00L₹45,15,735.45L
Long Term Provisions₹1,85,825.00L₹1,91,561.00L₹2,26,989.00L₹3,27,941.29L
Stockholders Equity₹70,48,082.00L₹61,49,970.00L₹55,25,655.00L₹45,18,473.77L
Total Capitalization₹70,48,082.00L₹61,49,970.00L₹55,25,655.00L₹45,18,473.77L
Investment Properties₹0.00L₹0.00L₹0.00L₹0.00L
Ordinary Shares Number₹17,544.00L₹17,544.00L₹17,544.00L₹17,544.00L
Other Intangible Assets₹1,205.00L₹791.00L₹0.00L₹0.00L
Cash And Cash Equivalents₹28,48,888.00L₹25,28,070.00L₹24,85,518.00L₹23,70,244.24L
Accumulated Depreciation-₹16,479.00L-₹16,540.00L-₹15,369.00L-₹14,433.72L
Additional Paid In Capital₹1,54,407.00L₹1,54,407.00L₹1,54,407.00L₹1,54,406.63L
Other Short Term Investments₹74,590.00L₹82,179.00L₹1,15,334.00L₹87,252.44L
Machinery Furniture Equipment₹11,829.00L₹11,495.00L₹10,190.00L₹10,054.96L
Goodwill And Other Intangible Assets₹3,943.00L₹3,529.00L₹2,738.00L₹2,738.32L
Total Equity Gross Minority Interest₹70,48,082.00L₹61,49,970.00L₹55,25,655.00L₹45,18,473.77L
Total Liabilities Net Minority Interest₹1,35,25,198.00L₹1,33,26,973.00L₹1,29,19,577.00L₹1,17,54,600.25L
Cash Cash Equivalents And Short Term Investments₹29,23,478.00L₹26,10,249.00L₹26,00,852.00L₹24,57,496.68L

Cash Flow

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Net Income₹8,39,218.00L₹6,70,136.00L₹6,49,730.00L₹6,31,249.00L₹0.00L
Free Cash Flow₹45,267.00L₹1,95,078.00L-₹21,741.00L₹11,58,817.55L₹0.00L
Changes In Cash-₹3,36,275.00L-₹70,380.00L₹20,191.00L₹1,32,831.50L₹0.00L
End Cash Position₹7,70,971.00L₹7,71,659.00L₹7,76,901.00L₹23,70,244.24L₹0.00L
Financing Cash Flow-₹1,75,440.00L-₹1,75,440.00L-₹1,26,317.00L-₹39,474.00L₹0.00L
Investing Cash Flow-₹2,07,478.00L-₹92,559.00L₹1,67,681.00L-₹9,99,918.66L₹0.00L
Capital Expenditure-₹1,376.00L-₹2,541.00L-₹568.00L-₹13,406.61L₹0.00L
Beginning Cash Position₹7,71,659.00L₹7,76,987.00L₹7,49,488.00L₹21,45,133.95L₹0.00L
Issuance Of Capital Stock₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Other Cash Adjustment Outside Changein Cash-₹1.00L₹1.00L₹2.00L-₹0.02L₹0.00L

Income Statement

Metric31/03/202631/03/202531/03/202431/03/2023
EBIT₹11,50,934.00L₹9,17,543.00L₹8,00,872.00L₹8,11,192.72L
Ebit₹0.00L₹0.00L₹0.00L₹0.00L
Basic EPS₹0.00L₹0.00L₹0.00L₹0.00L
Net Income₹9,66,238.00L₹7,43,185.00L₹6,68,583.00L₹6,90,730.65L
Diluted EPS₹0.00L₹0.00L₹0.00L₹0.00L
Gross Profit₹0.00L₹0.00L₹0.00L₹0.00L
Pretax Income₹11,44,670.00L₹9,10,465.00L₹7,92,491.00L₹8,03,117.73L
Tax Provision₹2,44,621.00L₹2,13,068.00L₹1,41,676.00L₹1,45,402.22L
Total Revenue₹54,81,302.00L₹50,70,234.00L₹46,54,956.00L₹48,34,218.76L
Cost Of Revenue₹0.00L₹0.00L₹0.00L₹0.00L
Total Expenses₹43,28,998.00L₹41,72,864.00L₹39,82,302.00L₹40,31,101.02L
Interest Income₹8,85,605.00L₹8,27,013.00L₹7,37,901.00L₹6,21,462.15L
Interest Expense₹6,264.00L₹7,078.00L₹8,381.00L₹8,074.99L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L
Income Tax Expense₹0.00L₹0.00L₹0.00L₹0.00L
Normalized Income₹9,66,267.09L₹7,43,246.28L₹6,68,587.11L₹6,90,721.72L
Operating Revenue₹54,81,302.00L₹50,70,234.00L₹46,54,956.00L₹48,34,218.76L
Net Interest Income-₹6,264.00L-₹6,870.00L-₹7,905.00L-₹5,879.62L
Total Unusual Items-₹37.00L-₹80.00L-₹5.00L₹10.90L
Basic Average Shares₹17,544.00L₹17,544.00L₹17,544.00L₹17,544.00L
Diluted Average Shares₹17,544.00L₹17,544.00L₹17,544.00L₹17,544.00L
Other Operating Expenses₹25,628.00L₹37,629.00L₹75,078.00L₹39,879.94L
Reconciled Depreciation₹630.00L₹1,456.00L₹1,186.00L₹969.13L
Total Operating Expenses₹0.00L₹0.00L₹0.00L₹0.00L
Rent Expense Supplemental₹882.00L₹841.00L₹635.00L₹523.60L
Tax Effect Of Unusual Items-₹7.91L-₹18.72L-₹0.89L₹1.97L
Interest Income Non Operating₹0.00L₹208.00L₹476.00L₹2,195.37L
Selling And Marketing Expense₹1,234.00L₹318.00L₹272.00L₹604.38L
Interest Expense Non Operating₹6,264.00L₹7,078.00L₹8,381.00L₹8,074.99L
Net Income Common Stockholders₹9,66,238.00L₹7,43,185.00L₹6,68,583.00L₹6,90,730.65L
Net Income Continuous Operations₹9,66,238.00L₹7,43,185.00L₹6,68,588.00L₹6,90,730.65L
Diluted NIAvailto Com Stockholders₹9,66,238.00L₹7,43,185.00L₹6,68,583.00L₹6,90,730.65L
General And Administrative Expense₹2,346.00L₹3,275.00L₹2,064.00L₹2,259.05L
Selling General And Administration₹3,580.00L₹3,593.00L₹2,336.00L₹2,863.43L
Total Unusual Items Excluding Goodwill-₹37.00L-₹80.00L-₹5.00L₹10.90L
Net Non Operating Interest Income Expense-₹6,264.00L-₹6,870.00L-₹7,905.00L-₹5,879.62L
Net Income Including Noncontrolling Interests₹9,66,238.00L₹7,43,185.00L₹6,68,588.00L₹6,90,730.65L
Net Income From Continuing And Discontinued Operation₹9,66,238.00L₹7,43,185.00L₹6,68,583.00L₹6,90,730.65L
Net Income From Continuing Operation Net Minority Interest₹9,66,238.00L₹7,43,185.00L₹6,68,583.00L₹6,90,730.65L

Company Performance (FY23–FY26)

₹54.8 K Cr₹41.1 K Cr₹27.4 K Cr₹13.7 K Cr₹0
₹48.3 K Cr
₹46.5 K Cr
₹50.7 K Cr
₹54.8 K Cr
FY23FY24FY25FY26
Latest
₹54.81 K Cr
Growth (YoY)
+8.1%
Average
₹50.10 K Cr

Directors

AppointmentDirector nameDINDesignation
29/12/2021Thanikachalam Sivakumar09450908DirectorView other directorships
22/03/2022Priya Bhushan Sharma01081362DirectorView other directorships
05/09/2022Arumugam Manimekhalai08411575DirectorView other directorships
05/01/2023Maruthi Prasad Tangirala03609968DirectorView other directorships
29/03/2023Vinata Kumari10093690DirectorView other directorships
01/10/2023Ramaswamy Narayanan10337640Managing DirectorView other directorships
11/12/2023Suresh Kanubhai Savaliya*****2093RCompany Secretary
01/05/2024Balkrishna Variar*****2564KCFO
09/07/2024Hitesh Rameshchandra Joshi09322218Whole-time directorView other directorships
12/07/2024Radhika Seetharaman Chinnadaraduram10703999Whole-time directorView other directorships

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 10

Subsidiaries 1

  • Общество С Ограниченной Ответственностью "джиайси Перестрахование"Direct

Latest Documents

Category:
DateTitleSize
13/12/2024
Form AOC - 4 CFS-13122024-signed
-
26/11/2024
Form MGT-7-25112024
-
11/11/2024
Form AOC-4-11112024-signed
-
07/11/2024
Form AOC-4 additional attachment-24102024
-
07/11/2024
Form AOC-4-24102024
-

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Direct/Ultimate Children

TypeLegal NameLEI code
DirectОбщество С Ограниченной Ответственностью "джиайси Перестрахование"984500097E7DD6D9AB96

Address

Suraksha170 J Tata Road Churchgate, Mumbai, Maharashtra, India, 400020

Frequently Asked Questions

What is the incorporation date of General Insurance Corporation Of India?
The incorporation date of General Insurance Corporation Of India is 21/11/1972.
What is the authorized share capital and paid-up capital of General Insurance Corporation Of India?
The authorized share capital of General Insurance Corporation Of India is ₹10,00,00,00,000.00. The paid-up capital is ₹8,77,20,00,000.00.
Who are the current board members & directors of General Insurance Corporation Of India?

The current board member of General Insurance Corporation Of India are:

  • Arumugam Manimekhalai
  • Priya Bhushan Sharma
  • Thanikachalam Sivakumar
  • Vinata Kumari
  • Hitesh Rameshchandra Joshi
  • Radhika Seetharaman Chinnadaraduram
  • Ramaswamy Narayanan
  • Maruthi Prasad Tangirala
What is the registered address of General Insurance Corporation Of India?
The registered address of General Insurance Corporation Of India is Suraksha170 J Tata Road Churchgate, Mumbai, Maharashtra, India, 400020.
What is the Corporate Identification Number of General Insurance Corporation Of India?
The Corporate Identification Number of General Insurance Corporation Of India is L67200MH1972GOI016133.