Raksha Health Insurance Tpa Private Limited - Company Profile

It is a insurance private limited company based in Bangalore South, Karnataka, India, established in 2002.

2002 Bangalore South, Karnataka, India Active

Last Updated: December 17, 2025

About Raksha Health Insurance Tpa Private Limited

Raksha Health Insurance Tpa Private Limited, a active private limited company, was established on 22 January 2002 in Bangalore South, Karnataka, India. Engaging in life insurance. non life insurance within the financial and insurance service sector, it holds CIN: U85199KA2002PTC191278. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹4.00 Cr.

Formerly known as Raksha Tpa Private Limited. It upholds a compliant status. Employing 779 professional, Its leadership includes Pawan Kumar Bhalla (Whole-Time Director), Vijay Sankaran (Director), Nikhil Chopra (Director). Past directors included Pawan Kumar Bhalla, Vijay Sankaran, Prabodh Chander. It holds no open charges and ₹11.20 Cr settled loans. Its latest AGM occurred on 13 September 2024, with the balance sheet filed on 31 March 2024. It is based at Tower D, 4Th Floor, Ibc Knowledge, Park, 4/1, Bannerghatta Road, Bangalore South, Karnataka, 560029.

Company Details

CIN/LLPIN
U85199KA2002PTC191278
Registration Number
191278
Incorporation Date
22 January 2002
Authorized Capital
₹4.00 Cr
Paid-Up Capital
₹4.00 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 4.00 Cr as on 17-12-2025
Paid Up Capital ₹ 4.00 Cr as on 17-12-2025
Company Age 24 Year, 1 Month
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 11.20 Cr as on 17-12-2025
Revenue Growth **** -1.24% (FY 2023)
Profit Growth **** -47.57% (FY 2023)
Ebitda **** -30.33% (FY 2023)
Net Worth 6.88% (FY 2023)
Total Assets -1.30% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Raksha Health Insurance Tpa Private 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 Raksha Health Insurance Tpa Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Pawan Kumar Bhalla	Whole-Time Director	01 Feb 2020	Current
Vijay Sankaran	Director	25 Aug 2023	Current
Nikhil Chopra	Director	25 Aug 2023	Current
Himanshu Rastogi	Director	25 Aug 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	31 Aug 2023	Past
Pramod Abcsdd	Additional Director	21 Sep 2023	Past
Pramod Abcsdd	Additional Director	-	Past
Pramod Abcsdd	Additional Director	21 Sep 2023	Past
Pramod Abcsdd	Additional Director	21 Sep 2023	Past
Pramod Abcsdd	Director	05 Aug 2018	Past

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Financial Performance of Raksha Health Insurance Tpa.

Raksha Health Insurance Tpa Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.24% decrease. The company also saw a substantial fall in profitability, with a 47.57% decrease in profit. The company's net worth moved up by a moderate rise of 6.88%.

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

********

-1.24%

*******

Revenue from Operations

*******

-1.31%

*******

Total Assets

*******

-1.30%

*******

Profit or Loss

*******

-47.57%

*******

Net Worth

*******

6.88%

*******

EBITDA

*******

-30.33%

*******

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What is the Ownership and Shareholding Structure of Raksha Health Insurance Tpa?

In 2023, Raksha Health Insurance Tpa had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹112,000,000.00

Charges Breakdown by Lending Institutions

Union Bank Of India : 10.00 Cr
Federal Bank Ltd. : 1.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 May 2005	Union Bank Of India	₹10.00 Cr	Satisfied
22 May 2003	Federal Bank Ltd.	₹1.20 Cr	Satisfied

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How Many Employees Work at Raksha Health Insurance Tpa?

Raksha Health Insurance Tpa has a workforce of 779 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Raksha Health Insurance Tpa, 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 Raksha Health Insurance Tpa'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 Raksha Health Insurance Tpa

Recent Activity within the Organization

Annual General Meeting

Raksha Health Insurance Tpa Private Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records. was recorded as a recent event.
13 Sep 2024
Balance Sheet

Progress on Raksha Health Insurance Tpa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.
31 Mar 2024
Director Appointment

Deepa Sajjan Bansal was appointed as a Company Secretary was appointed as a Company Secretary on 05 Jan 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.
05 Jan 2024
Director Appointment

Vijay Sankaran was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.
25 Aug 2023
Director Appointment

Progress on Nikhil Chopra was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 2 years 6 months . was documented.
25 Aug 2023
Director Appointment

Progress on Himanshu Rastogi was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 2 years 6 months . was documented.
25 Aug 2023

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