HDFC Ergo General Insurance Company Limited

HDFC Ergo General Insurance Company Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U66010MH2002PLC134869 Incorporated 08 February 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company financial services
Data last updated
Revenue · FY 2021
₹916.89 Cr
▲ 69% YoY
Authorised capital
₹650 Cr
Registered with MCA
Paid-up capital
₹600.47 Cr
Issued & subscribed
Company age
24 yrs
Est. 2002
Employees · EPFO
10,719
Provident fund records
Directors on board
13
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
Active GSTINs
3
of 27 registered

About HDFC Ergo General Insurance Company Limited

Data last updated:

HDFC Ergo General Insurance Company Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Housing Development Finance Corporation Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general insurance providers segment of the financial services sector. It was incorporated on 08 February 2002.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U66010MH2002PLC134869. Its GSTIN is 02AABCH0738E1Z9 (Himachal Pradesh). The company held 27 GST registrations, of which 3 are active.

The company had an authorised share capital of ₹650 Cr and a paid-up capital of ₹600.47 Cr. It was formerly known as Hdfc General Insurance Company Limited. It was led by directors including Ritesh Kumar (Managing Director) and Anuj Tyagi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 20 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 1st Floor 165 – 166 Backbay Reclamation H. T. Parekh Marg Churchgate, Mumbai, Maharashtra, India – 400020.

As per the financials filed for FY 2021, the company reported a revenue of ₹916.89 Cr, a growth of 69% compared to the previous year.

The company had about 10,719 employees on its provident fund (EPFO) records before it was dissolved.

Court records list 51,720 cases involving the company, including 3,892 filed by the company and 47,843 filed against it; 10,321 cases are pending.

The last known website on record is hdfcergo.com.

Company details

CIN U66010MH2002PLC134869
Registration Number 134869
Incorporation Date 08 February 2002
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 20 July 2016
Date of Balance Sheet 31 March 2016
Parent Company Housing Development Finance Corporation Limited

CIN history

HDFC Ergo General Insurance Company has one previous CIN (Corporate Identification Number): L66010MH2002PLC134869. The current CIN is U66010MH2002PLC134869, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U66010MH2002PLC134869Current
L66010MH2002PLC134869Previous

Contact details

HDFC Ergo General Insurance Company Limited's registered office is in Mumbai, Maharashtra. Its website is hdfcergo.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1st Floor 165 – 166 Backbay Reclamation H. T. Parekh Marg Churchgate, Mumbai, Maharashtra, India – 400020
  • Industry
    Financial Services, General Insurance Providers

To see the full contact details of HDFC Ergo General Insurance Company Limited, buy the company report.

Comprehensive company report
HDFC Ergo General Insurance Company 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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Business activity

The main business activity of HDFC Ergo General Insurance Company 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 HDFC Ergo General Insurance Company Limited, buy the company report.

Financials of HDFC Ergo General Insurance Company Limited

FY 2016 filings available

HDFC Ergo General Insurance Company Limited reported revenue of ₹916.89 Cr (up 69% YoY) for FY 2021.

Revenue · FY 2021
₹916.89 Cr ▲ 69%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 69%

Revenue rose 69% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
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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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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 HDFC Ergo General Insurance Company Limited, buy the company report.

Board of directors and KMP of HDFC Ergo General Insurance Company Limited

HDFC Ergo General Insurance Company Limited currently reports 12 directors and 1 key managerial person. 9 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Mehernosh Behram KapadiaDirector17 Oct 201412 Years 0 MonthsAs last reported
Dayananda Vittal ShettyCompany Secretary25 Apr 201412 Years 6 MonthsAs last reported
Renu Sud KarnadDirector08 Feb 200224 Years 8 MonthsAs last reported
Keki Minoo MistryDirector14 Feb 200224 Years 8 MonthsAs last reported
Andree Christoph MoschnerAdditional Director20 Jul 201610 Years 3 MonthsAs last reported
Arvind Rajindernth MahajanAdditional Director14 Nov 20169 Years 11 MonthsAs last reported
Showing 6 of 13 current directors and KMP. View all directors and KMP

Peer comparison

HDFC Ergo General Insurance Company Limited is compared with the 8 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
Bajaj General Insurance Limited₹1,908.31 Cr (FY 2023)5.0%Pune, Maharashtra, India
Acko General Insurance Limited₹1,796.81 Cr (FY 2023)65.0%Bengaluru, Karnataka, India
HDFC Ergo General Insurance Company Limitedthis company₹916.89 Cr (FY 2021)69.0%10,719Mumbai, 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
Sbi General Insurance Company Limited₹333.51 Cr (FY 2024)-6.0%Mumbai, Maharashtra, India
Universal Sompo General Insurance Company Limited₹316.7 Cr (FY 2025)0.0%Mumbai, Maharashtra, India

To see the full peer comparison of HDFC Ergo General Insurance Company Limited, buy the company report.

Auditor

HDFC Ergo General Insurance Company Limited is audited by B. K. Khare & Co. for the financial year 2016.

Auditor firmFinancial yearFirm registration number
B. K. Khare & Co.FY 2016105102W

Shareholding

The shareholding of HDFC Ergo General Insurance Company Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of HDFC Ergo General Insurance Company Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

HDFC Ergo General Insurance Company Limited has a workforce of 10,719 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
10,719
Active EPFO establishments
1
Employee growth
11.08%

GST

HDFC Ergo General Insurance Company has 27 GST registrations: 3 active and 24 cancelled or inactive.

Total GSTINs
27
Active
3
Cancelled / inactive
24
GSTINStateStatusRegistered on
02AABCH0738E1Z9Himachal PradeshActive01 Jul 2017
08AABCH0738E1ZXRajasthanActive01 Jul 2017
22AABCH0738E1Z7ChattisgarhActive01 Jul 2017

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

Recent activity

HDFC Ergo General Insurance Company Limited has 22 board changes on record since 2002: 13 appointments and 9 cessations. The latest: Alexander Ankel was appointed as Nominee Director on 24 Apr 2017.

Appointed
Alexander Ankel was appointed as Nominee Director.
Ceased
Arno Frank Fehler ceased to be Nominee Director.
Appointed
Arvind Rajindernth Mahajan was appointed as Additional Director.
AGM
Hdfc Ergo General Insurance Company Limited last Annual general meeting of members was held on 20 Jul 2016 as per latest MCA records.
Ceased
Andreas Kleiner ceased to be Director.
Appointed
Andree Christoph Moschner was appointed as Additional Director.
Appointed
Anuj Tyagi was appointed as Whole-Time Director.
Filing
Hdfc Ergo General Insurance Company Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
Ceased
Mehernosh Behram Kapadia ceased to be Additional Director.
Ceased
Mark Lammerskitten ceased to be Director.
Appointed
Mehernosh Behram Kapadia was appointed as Director.
Appointed
Mukesh Kumar was appointed as Whole-Time Director.

13 earlier events are in the company report.

Frequently asked questions

HDFC Ergo General Insurance Company has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

HDFC Ergo General Insurance Company was a public limited company based in Mumbai, Maharashtra, India. The company worked in general insurance providers, within the financial services industry. It was incorporated on 08 February 2002 and is registered under CIN U66010MH2002PLC134869. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

HDFC Ergo General Insurance Company was incorporated on 08 February 2002. It is registered with the Registrar of Companies, Mumbai.

HDFC Ergo General Insurance Company had 13 directors and KMP:

The CIN (Corporate Identification Number) of HDFC Ergo General Insurance Company is U66010MH2002PLC134869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of HDFC Ergo General Insurance Company is at 1st Floor 165 – 166 Backbay Reclamation H. T. Parekh Marg Churchgate, Mumbai, Maharashtra, India – 400020.

HDFC Ergo General Insurance Company can be reached through the website hdfcergo.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of HDFC Ergo General Insurance Company on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 20 July 2016. Year-wise statements from 2015 are in the company report.

The GSTIN of HDFC Ergo General Insurance Company is 02AABCH0738E1Z9, registered in Himachal Pradesh. The company has 27 GST registrations in all, of which 3 are active and 24 are cancelled or inactive. Other active GSTINs include 08AABCH0738E1ZX (Rajasthan), 22AABCH0738E1Z7 (Chattisgarh).

HDFC Ergo General Insurance Company operated in the financial services industry, in the general insurance providers segment.

The peers of HDFC Ergo General Insurance Company by revenue are Cholamandalam Ms General Insurance Company Limited, Go Digit General Insurance Limited, Bajaj General Insurance Limited, Acko General Insurance Limited, Shriram General Insurance Company Limited and 3 more, all in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities).