Andhra Pradesh General Insurance Corporation Limited - Company Profile

It is a financial services public limited state government company based in Mangalagiri, Andhra Pradesh, India, established in 2020.
2020 Mangalagiri, Andhra Pradesh, India Active
Last Updated:
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About Andhra Pradesh General Insurance Corporation Limited

Andhra Pradesh General Insurance Corporation Limited, a active public limited state government company, was established on 07 June 2020 in Mangalagiri, Andhra Pradesh, India. Engaging in general insurance providers within the financial services sector, it holds CIN: U66000AP2020SGC114676. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹101.00 Cr and a paid-up capital of ₹101.00 Cr.

It upholds a compliant status. Its leadership includes Milind Anna Kharat (Director), Veera Nancharaiah Kudumula (Director), Poonam Malakondaiah (Director). Past directors included Srijana Gummalla, Ravindranath Gummadi, Lalit Kumar Chandel. It is based at 1St Floor, Ihc Corporate, Plot No. 3, 4 & 6, Industrial Park,, Mangalagiri, Andhra Pradesh, 522503.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Apps
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Company Details

  • CIN/LLPIN

    U66000AP2020SGC114676

  • Registration Number

    114676

  • Incorporation Date

    07 June 2020

  • Authorized Capital

    ₹101.00 Cr

  • Paid-Up Capital

    ₹101.00 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 101.00 Cr
  • Paid Up Capital ₹ 101.00 Cr
  • Company Age 5 Year, 8 Months
Company report

Andhra Pradesh General Insurance Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Andhra Pradesh General Insurance Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Andhra Pradesh General Insurance Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Milind Anna Kharat Director 08 Apr 2022 Current
Veera Nancharaiah Kudumula Director 08 Apr 2022 Current
Poonam Malakondaiah Director 07 Jun 2020 Current
Sunil Kumar Reddy Banda Managing Director 02 Mar 2024 Current
Shamsher Singh Rawat Director 07 Jun 2020 Current
Veera Venkata Satyanarayana Kadiyam Director 07 Jun 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 18 Nov 2022 Past
Pramod Abcsdd Director 09 Oct 2023 Past
Pramod Abcsdd Managing Director 01 Mar 2024 Past

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Financial Performance of Andhra Pradesh General Insurance Corporation.

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Andhra Pradesh General Insurance Corporation revenue growth over time
Andhra Pradesh General Insurance Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Andhra Pradesh General Insurance Corporation?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Andhra Pradesh General Insurance Corporation?

Andhra Pradesh General Insurance Corporation has a workforce of 0 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Andhra Pradesh General Insurance Corporation
Recent Activity within the Organization
  • Director Appointment

    The activity Sunil Kumar Reddy Banda was appointed as a Managing Director was appointed as a Managing Director on 02 Mar 2024 & has been associated with this company since 1 year 11 months . was completed.

  • Director Appointment

    The activity Milind Anna Kharat was appointed as a Director was appointed as a Director on 08 Apr 2022 & has been associated with this company since 3 years 10 months . was completed.

  • Director Appointment

    Progress on Veera Nancharaiah Kudumula was appointed as a Director was appointed as a Director on 08 Apr 2022 & has been associated with this company since 3 years 10 months . was documented.

  • Director Appointment

    Progress on Poonam Malakondaiah was appointed as a Director was appointed as a Director on 07 Jun 2020 & has been associated with this company since 5 years 8 months . was documented.

  • Director Appointment

    The activity Shamsher Singh Rawat was appointed as a Director was appointed as a Director on 07 Jun 2020 & has been associated with this company since 5 years 8 months . was completed.

  • Company Incorporation

    Andhra Pradesh General Insurance Corporation Limited was registered on 07 Jun 2020 with Roc Vijayawada & aged 5 years 8 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Andhra Pradesh General Insurance Corporation Limited?

The CIN of Andhra Pradesh General Insurance Corporation Limited is U66000AP2020SGC114676.

Where is Andhra Pradesh General Insurance Corporation Limited headquartered?

Andhra Pradesh General Insurance Corporation Limited is headquartered at 1St Floor, Ihc Corporate, Plot No. 3, 4 & 6, Industrial Park,, Mangalagiri, Andhra Pradesh, 522503.

When was Andhra Pradesh General Insurance Corporation Limited incorporated?

Andhra Pradesh General Insurance Corporation Limited was incorporated on 07 June 2020.

Who are the current directors of Andhra Pradesh General Insurance Corporation Limited?

The current directors of Andhra Pradesh General Insurance Corporation Limited are

What is the primary industry of Andhra Pradesh General Insurance Corporation Limited?

The primary industry of Andhra Pradesh General Insurance Corporation Limited is Financial Services.

Is Andhra Pradesh General Insurance Corporation Limited a listed company?

Andhra Pradesh General Insurance Corporation Limited is unlisted.

What is the capital structure of Andhra Pradesh General Insurance Corporation Limited?

The authorized capital of Andhra Pradesh General Insurance Corporation Limited is ₹101.00 Cr, and the paid-up capital is ₹101.00 Cr.

What is the compliance status of Andhra Pradesh General Insurance Corporation Limited?

The compliance status of Andhra Pradesh General Insurance Corporation Limited is Compliant.

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