General Insurance Corporation Of India - Company Profile

It is a financial services public limited union government company based in Mumbai, Maharashtra, India, established in 1972.

1972 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

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About General Insurance Corporation Of India

General Insurance Corporation Of India, a active public limited union government company, was established on 22 November 1972 in Mumbai, Maharashtra, India. Engaging in general insurance providers within the financial and insurance service sector, it holds CIN: L67200MH1972GOI016133. Registered under ROC Roc Mumbai. it is listed on BSE: 540755 and NSE: GICRE. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹877.20 Cr.

It upholds a compliant status. Its leadership includes Maruthi Prasad Tangirala (Director), Ramaswamy Narayanan (Managing Director), Thanikachalam Sivakumar (Director). Past directors included Anil Kumar Khachi, Bimalendu Chakrabarti, Ram Kishore Joshi. It holds ₹320.00 Cr open charges and no settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at Suraksha170 J Tata Road Churchgate, Mumbai, Maharashtra, 400020.

Company Details

CIN/LLPIN
L67200MH1972GOI016133
Registration Number
016133
Incorporation Date
22 November 1972
Authorized Capital
₹1,000.00 Cr
Paid-Up Capital
₹877.20 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 540755, NSE: GICRE)
Company Status
Active

Key Metrics

Authorised Capital ₹ 1,000.00 Cr as on 05-01-2026
Paid Up Capital ₹ 877.20 Cr as on 05-01-2026
Company Age 53 Year, 3 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 320.00 Cr as on 05-01-2026
Revenue Growth **** % (FY 2022)
Ebitda ****
Net Worth ****
Total Assets **** % (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into General Insurance Corporation Of India — 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 General Insurance Corporation Of India?

Current Directors

Name	Designation	Appointment Date	Status
Maruthi Prasad Tangirala	Director	05 Jan 2023	Current
Ramaswamy Narayanan	Managing Director	01 Oct 2023	Current
Thanikachalam Sivakumar	Director	29 Dec 2021	Current
Ashwani Kumar	Director	30 Jul 2025	Current
Hitesh Joshi	Whole-Time Director	09 Jul 2024	Current
Vinata Kumari	Director	29 Mar 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	06 Jul 2017	Past
Pramod Abcsdd	Director	01 Jan 2007	Past
Pramod Abcsdd	Director	01 May 2007	Past
Pramod Abcsdd	Director	01 Jul 2008	Past
Pramod Abcsdd	Director	23 Mar 2012	Past
Pramod Abcsdd	Director	01 Dec 2013	Past

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Financial Performance of General Insurance Corporation Of India.

General Insurance Corporation Of India, for the financial year ended 2022, 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%.

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

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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

*******

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What is the Ownership and Shareholding Structure of General Insurance Corporation Of India?

In 2023, General Insurance Corporation Of India had a promoter holding of 85.78% and a public holding of 14.22%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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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Charges (Loans)

Open Charges

₹3,200,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Lloyds Bank Plc : 320.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
11 Mar 2014	Lloyds Bank Plc	₹320.00 Cr	Open

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How Many Employees Work at General Insurance Corporation Of India?

Unlock and access historical data on people associated with General Insurance Corporation Of India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of General Insurance Corporation Of India, 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 General Insurance Corporation Of India's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on General Insurance Corporation Of India

Recent Activity within the Organization

Director Appointment

The activity Ashwani Kumar was appointed as a Director was appointed as a Director on 30 Jul 2025 & has been associated with this company since 7 months 1 day . was completed.
30 Jul 2025
Director Appointment

The activity Tapan Kumar Mondal was appointed as a Director was appointed as a Director on 24 Jul 2025 & has been associated with this company since 7 months 7 days . was completed.
24 Jul 2025
Director Appointment

Progress on Jayashri Balkrishna was appointed as a Whole-time director was appointed as a Whole-time director on 23 Jul 2025 & has been associated with this company since 7 months 8 days . was documented.
23 Jul 2025
Director Appointment

The activity Manoj Muttathil Ayyappan was appointed as a Director was appointed as a Director on 17 Apr 2025 & has been associated with this company since 10 months 13 days . was completed.
17 Apr 2025
Annual General Meeting

General Insurance Corporation Of India last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was recorded as a recent event.
26 Sep 2024
Director Appointment

Progress on Radhika Seetharaman Chinnadaraduram was appointed as a Whole-time director was appointed as a Whole-time director on 12 Jul 2024 & has been associated with this company since 1 year 7 months . was documented.
12 Jul 2024

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