Reliance General Insurance Company Limited is a public limited company and it is registered with the Registrar of Companies, Mumbai. The Company obtained regulatory approval to undertake general insurance business on October 23, 2000, from the Insurance Regulatory and Development Authority of India ("IRDAI") and it is involved in the business of underwriting general insurance relating to fire, marine, and miscellaneous segments. In travel, Reliance General Insurance provides plans for overseas trips such as Schengen, Asia, and the US. Travel plans tailored for students and senior citizens are also available.
Under the Commercial Line Portfolio insurance, such as fire, home, indemnity, public, marine, public liability, director’s & officer’s liability, plant & machinery. The home insurance portfolio covers house contents against theft and damage.
The Company’s Unsecured, Subordinated, Fully Paid-up, Redeemable, Non-Convertible Debentures (NCDs) are listed on the Bombay Stock Exchange (BSE).
| Reliance GIC Outstanding Shares Including: | 253,365,884 |
| Face Value of Reliance GIC Unlisted Share: | Rs. 10 Per Equity Share |
| ISIN of Reliance GIC Unlisted Share: | INE124D01014 |
| Lot Size of Reliance GIC Unlisted Share: | 100 Shares |
| Malayalam Communications Share Price: | Best in Industry |
| PAN Number of Reliance GIC: | AABCR6747B |
Incorporation Details of Reliance GIC
Reliance GIC CIN Number |
U66603MH2000PLC128300 |
|
Reliance GIC Registration Date |
17 Aug 2000 |
|
Category / Sub-Category of Reliance GIC |
Public Company Limited by Shares / Indian Non-Government Company |
|
Reliance GIC Registered Office Address |
Reliance General Insurance Company Limited, 6th Floor, Oberoi Commerz, International Business Park, Oberoi Garden City, Off. Western Express Highway, Goregaon (E), Mumbai - 400063 |
|
Reliance GIC Registrar & Transfer Agent Address and Contact Details |
KFin Technologies Limited, Selenium, Tower B, Plot No. 31 & 32, Financial District, Nanakramguda, Hyderabad 500032. Tel : +91 40 6716 1500 |
|
Reliance GIC Principal Business Activities
|
Name & Description of main products/services |
NIC Code of the Product /service |
% to the total turnover of the company |
|
General Insurance |
6512 |
100% |
Reliance GIC Particulars of Holding, Subsidiary & Associate Companies
|
S.No. |
Name Of The Company |
Category |
%Of Shares Held |
|
1. |
Reliance Capital Limited |
Holding Company |
99.9% |
Reliance GIC Board of Directors
|
S.NO. |
Name of the Directors |
Category |
|
1. |
Mr. Rahul Sarin |
Director |
|
2. |
Mr. P. K. Malhotra |
Director |
|
3. |
Mr. Rakesh Jain |
Executive Director & CEO |
|
4. |
Mr. Rajendra Chitale |
Chairman & Director |
|
5. |
Dr. Thomas Mathew |
Director |
|
6. |
Mrs. Chhaya Virani |
Director |
|
7. |
Mr. Anil D. Ambani |
Director |
Reliance General Insurance Company Limited Equity Shareholding Pattern (As of 31-03-2022)
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoters Group |
25,15,49,920 |
99.99% |
|
2 |
Public |
2,55,450 |
0.01% |
|
|
Total |
25,18,05,370 |
100.00% |
General Industry Outlook
During FY2021-22, businesses around the world continued to battle disruptions due to the second wave of COVID-19. Like many other sectors, General Insurance (GI) sector has also been impacted adversely. In fact, the second COVID wave hit the industry harder than the first wave, especially in Q1 of FY2021-22. However, as the year progressed, the industry started getting back to normal. The GI industry grew from 2% in FY2020-21 to 8.8% in FY2021-22.
Reliance General Insurance company's share price used to fluctuate on a daily basis. To know details about share price Contact us.
Q2: What exactly does Reliance General Insurance Company do?
A2: One of India's top financial services firms, Reliance Capital, has a subsidiary called Reliance General Insurance Company. It provides a variety of insurance products, including home, auto, health, travel, and commercial insurance for businesses.
Q3: What factors can affect the Reliance General Insurance Company share price?
Reliance General Insurance Company's share price can be influenced by a variety of factors, including the performance of the insurance industry as a whole, the company's financial performance, regulatory changes, and global economic conditions.
Q4: How can I buy shares of Reliance General Insurance Company?
If you're interested in buying shares of Reliance General Insurance Company then Contact us.
Yes Reliance General Insurance, is a profit-making Company.
In FY 2022 Revenue from Operations increased by 28%, for the most accurate information, you're advised to visit the company's official website or contact them directly.
If you possess shares of the company because you are an employee or an early investor, selling those shares would typically involve a private transaction. You can sell your shares online at wwipl.com, or you can contact our team.
We do not provide personal investment advice, including whether it's good to invest in Reliance General Insurance shares. The decision to invest in any company should be based on thorough research and a range of considerations, including your personal financial circumstances, the company's performance, and market conditions.
