Bajaj General Insurance Limited

Bajaj General Insurance Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U66010PN2000PLC015329 Incorporated 19 September 2000 ROC Pune HQ Pune, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Authorised capital
₹125 Cr
Registered with MCA
Paid-up capital
₹110.23 Cr
Issued & subscribed
Company age
26 yrs
Est. 2000
Employees · EPFO
8,624
Provident fund records
Directors on board
13
As per MCA filings
Key managerial staff
2
CEO, CFO, company secretary
Active GSTINs
44
of 47 registered
Brands
3
Associated brands

About Bajaj General Insurance Limited

Data last updated:

Bajaj General Insurance Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Bajaj Finserv Limited. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 19 September 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U66010PN2000PLC015329. Its GSTIN is 21AABCB5730G1Z9 (Odisha). The company holds 47 GST registrations, of which 44 are active.

The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹110.23 Cr. It was formerly known as Bajaj Insurance Company Limited. It is led by directors including Tapan Kumar Singhel (Managing Director) and Sanjiv Nandan Sahai.

Its last annual general meeting (AGM) was held on 08 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bajaj Allianz House Airport Road Yerawada, Pune, Maharashtra, India – 411006.

The company has about 8,624 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Bajaj Allianz, Adventure Sports Cover 360 and Bajaj Allianz General Insurance. Court records list 33,785 cases involving the company, including 5,216 filed by the company and 28,569 filed against it; 8,604 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹130.07 Cr; the latest was in May 2008. Its 6 peer companies in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities) are compared by revenue, 2 larger and 4 smaller; the largest is Cholamandalam Ms General Insurance Company Limited with revenue of ₹11,854 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bajajallianz.com.

Company details

CIN U66010PN2000PLC015329
Registration Number 015329
Incorporation Date 19 September 2000
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 May 2025
Date of Balance Sheet 31 March 2025
Parent Company Bajaj Finserv Limited
Compliance Status Active Compliant

Name history

Bajaj General Insurance has undergone 2 name changes throughout its history. The company was previously known as Bajaj Insurance Company Limited, and Bajaj General Insurance Limited. The current legal name is Bajaj General Insurance Limited.

Company NameStatus
Bajaj General Insurance LimitedCurrent
Bajaj Insurance Company LimitedPrevious

CIN history

Bajaj General Insurance has one previous CIN (Corporate Identification Number): L66010PN2000PLC015329. The current CIN is U66010PN2000PLC015329, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U66010PN2000PLC015329Current
L66010PN2000PLC015329Previous

Contact details

Bajaj General Insurance Limited's registered office is in Pune, Maharashtra. Its website is bajajallianz.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Bajaj Allianz House Airport Road Yerawada, Pune, Maharashtra, India – 411006
  • Industry
    Financial Services, General Insurance Providers

To see the full contact details of Bajaj General Insurance Limited, buy the company report.

Comprehensive company report
Bajaj General Insurance Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Bajaj General Insurance operates multiple associated brands including Bajaj Allianz, Adventure Sports Cover 360, and Bajaj Allianz General Insurance. Each brand links to its own profile.

BrandDescriptionWebsite
Provides life insurance, term plans, ULIPs, and savings for financial security.bajajallianzlife.com
Provides comprehensive travel and sports insurance solutions for individuals.asc360.com
Offers insurance for health, vehicles, travel, life, and commercial needs.bajajallianz.com

Business activity

The main business activity of Bajaj General Insurance is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK3Life/Non-life Insurance and Reinsurance activities

To see the full business activity and turnover split of Bajaj General Insurance Limited, buy the company report.

Financials of Bajaj General Insurance Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Bajaj General Insurance Limited, buy the company report.

Board of directors and KMP of Bajaj General Insurance Limited

Bajaj General Insurance Limited currently reports 11 directors and 2 key managerial personnel. 43 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Avais Aqil KarmaliCfo01 Oct 20251 Years 1 MonthsCurrent
Sanjiv Nandan SahaiDirector15 Jul 20242 Years 3 MonthsCurrent
Srinivasa Rao NagarjunaDirector22 Jul 20233 Years 3 MonthsCurrent
Anup WadhawanDirector06 Jul 20224 Years 3 MonthsCurrent
Apurva Shishir DiwanjiDirector15 Jul 20242 Years 3 MonthsCurrent
Sreenivasan SivasubramoniamDirector01 Apr 20206 Years 7 MonthsCurrent
Showing 6 of 13 current directors and KMP. View all directors and KMP

Peer comparison

Bajaj General Insurance Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Cholamandalam Ms General Insurance Company Limited₹11,854 Cr (FY 2024)21.0%Chennai, Tamil Nadu, India
Go Digit General Insurance Limited₹8,442.74 Cr (FY 2024)46.0%Pune, Maharashtra, India
Acko General Insurance Limited₹1,796.81 Cr (FY 2023)65.0%Bengaluru, Karnataka, India
HDFC Ergo General Insurance Company Limited₹916.89 Cr (FY 2021)69.0%Mumbai, Maharashtra, India
Shriram General Insurance Company Limited₹750.39 Cr (FY 2024)33.0%Jaipur, Rajasthan, India
Indusind General Insurance Company Limited₹510.95 Cr (FY 2025)-4.0%Mumbai, Maharashtra, India

To see the full peer comparison of Bajaj General Insurance Limited, buy the company report.

Auditor

Bajaj General Insurance Limited is audited by S. R. Batliboi & Co. LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
S. R. Batliboi & Co. LLPFY 2024301003E / E300005

Shareholding

The shareholding of Bajaj General Insurance Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bajaj General Insurance Limited, buy the company report.

Deals & funding

Bajaj General Insurance Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹130.07 Cr; the latest was in May 2008.

Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹130.07 Cr

Deals on record (5 of 5)

WhenDealAmountParties
May 2008Secondary share transferUndisclosedBuyer: Bajaj Finserv Limited , Bajaj Finserv Limited & Ranjit K Gupta, Bajaj Finserv Limited & Sridhar J
Seller: Bajaj Auto Limited., Bajaj Auto Limited & Madhur R Bajaj, Bajaj Auto Limited & Rahul K Bajaj
Mar 2008Funding round₹40.49 CrInvestors: an individual
Dec 2007Funding round₹28.61 CrInvestors: an individual
Mar 2007Funding round₹6.1 LakhInvestors: Bajaj Auto Limited.
Mar 2007Funding round₹60.91 CrInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Bajaj General Insurance Limited was last rated by Icra on 13 Apr 2021.

Rating agencyRated onRating
Icra13 Apr 2021

To see the full credit ratings and regulatory alerts of Bajaj General Insurance Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bajaj General Insurance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bajaj General Insurance Limited has a workforce of 8,624 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
8,624
Active EPFO establishments
1
Employee growth
20.11%

GST

Bajaj General Insurance has 47 GST registrations: 44 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
47
Active
44
Cancelled / inactive
3
GSTINStateStatusRegistered on
21AABCB5730G1Z9OdishaActive30 Jun 2017
22AABCB5730G1Z7ChhattisgarhActive30 Jun 2017
36AABCB5730G1ZYTelanganaActive30 Jun 2017
03AABCB5730G1Z7PunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Bajaj General Insurance Limited, buy the company report.

Recent activity

Bajaj General Insurance Limited has 54 board changes on record since 2000: 13 appointments and 41 cessations. The latest: Avais Aqil Karmali was appointed as CFO on 01 Oct 2025.

Appointed
Avais Aqil Karmali was appointed as CFO.
AGM
Bajaj General Insurance Limited last Annual general meeting of members was held on 08 May 2025 as per latest MCA records.
Ceased
Apurva Shishir Diwanji ceased to be Additional Director.
Ceased
Padmaja Chunduru ceased to be Additional Director.
Ceased
Sanjay Kishan Kaul ceased to be Additional Director.
Ceased
Sanjiv Nandan Sahai ceased to be Additional Director.
Filing
Bajaj General Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Padmaja Chunduru was appointed as Director.
Ceased
Ramandeep Singh Sahni ceased to be CFO.
Appointed
Apurva Shishir Diwanji was appointed as Director.
Appointed
Sanjiv Nandan Sahai was appointed as Director.
Appointed
Sanjay Kishan Kaul was appointed as Director.

45 earlier events are in the company report.

Frequently asked questions

Bajaj General Insurance is an active public limited company based in Pune, Maharashtra, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 19 September 2000 (26+ years old) and is registered under CIN U66010PN2000PLC015329.

Bajaj General Insurance has 13 current directors and KMP:

The latest financial statements of Bajaj General Insurance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 May 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Bajaj General Insurance is 21AABCB5730G1Z9, registered in Odisha. The company has 47 GST registrations in all, of which 44 are active and 3 are cancelled or inactive. Other active GSTINs include 22AABCB5730G1Z7 (Chhattisgarh), 36AABCB5730G1ZY (Telangana), 03AABCB5730G1Z7 (Punjab).

The CIN (Corporate Identification Number) of Bajaj General Insurance is U66010PN2000PLC015329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bajaj General Insurance has 33,785 court cases on record: 5,216 filed by the company and 28,569 filed against it. 8,604 are pending. Most are in the district courts.

Bajaj General Insurance was incorporated on 19 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.

Bajaj General Insurance has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹130.07 Cr; the latest was in May 2008.

The peers of Bajaj General Insurance by revenue are Cholamandalam Ms General Insurance Company Limited, Go Digit General Insurance Limited, Acko General Insurance Limited, HDFC Ergo General Insurance Company Limited, Shriram General Insurance Company Limited and 1 more, all in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities).

Avais Aqil Karmali was appointed as CFO on 01 Oct 2025. Apurva Shishir Diwanji ceased to be Additional Director on 07 May 2025. Padmaja Chunduru ceased to be Additional Director on 07 May 2025. Bajaj General Insurance has 54 board changes on record in total.

Bajaj General Insurance can be reached through the website bajajallianz.com. Its registered office is in Pune, Maharashtra, India.