About Sbi General Insurance Company Limited
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Sbi General Insurance Company Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of State Bank Of India. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 24 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2009PLC190546. Its GSTIN is 27AAMCS8857L1ZC (Maharashtra). The company holds 36 GST registrations, of which 33 are active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹223.87 Cr. It is led by directors including Suchita Gupta and Srinivasan Chakrapani Shakotai.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9th Floor A & B Wing Fulcrum Building Sahar Road Andheri East, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2024, the company reported a revenue of ₹333.51 Cr, a decline of 6% compared to the previous year. Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 7% over five years.
The company has about 6,795 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SBI General. Court records list 35,793 cases involving the company, including 1,798 filed by the company and 34,001 filed against it; 10,311 cases are pending. The company has 19 deals on record (14 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹792.1 Cr; the latest was in October 2024. Its 9 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, 4 larger and 5 smaller; the largest is Acko General Insurance Limited with revenue of ₹1,796.81 Cr. The company has 52 MSME Form 1 returns on record between 2022 and 2023, listing 84 overdue payments to 27 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sbigeneral.in.
Company details
Contact details
Sbi General Insurance Company Limited's registered office is in Mumbai, Maharashtra. Its website is sbigeneral.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9th Floor A & B Wing Fulcrum Building Sahar Road Andheri East, Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, General Insurance Providers, Insurance Carriers
To see the full contact details of Sbi General Insurance Company Limited, buy the company report.
- 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
Brands
Sbi General Insurance Company operates one associated brand: SBI General. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| General insurance services are provided in multiple categories. | sbigeneral.in |
Business activity
The main business activity of Sbi General Insurance Company is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Sbi General Insurance Company Limited, buy the company report.
Financials of Sbi General Insurance Company Limited
FY 2025 filings availableSbi General Insurance Company Limited reported revenue of ₹333.51 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 6% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Sbi General Insurance Company Limited, buy the company report.
Board of directors and KMP of Sbi General Insurance Company Limited
Sbi General Insurance Company Limited currently reports 9 directors and 1 key managerial person. 47 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Challa Sreenivasulu Setty | Nominee Director | 13 Nov 2024 | 1 Years 11 Months | Current |
| Ashwini Kumar Tewari Also directs: Sbi Dfhi Limited, Sbi Cards and Payment Services Limited, Sbi Life Insurance Company Limited and 5 more | Nominee Director | 18 Jan 2024 | 2 Years 9 Months | Current |
| Suchita Gupta | Director | 02 Jun 2025 | 1 Years 5 Months | Current |
| Srinivasan Chakrapani Shakotai | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| Naveen Chandra Jha | Ceo | 18 Jun 2024 | 2 Years 4 Months | Current |
| Tekkethalakal Kurien Kurien Also directs: Pi Investment Advisory LLP, Wipro Enterprises Private Limited, Wipro Ge Healthcare Private Limited and 2 more | Director | 08 May 2020 | 6 Years 5 Months | Current |
Peer comparison
Sbi General Insurance Company Limited is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| Sbi General Insurance Company Limitedthis company | ₹333.51 Cr (FY 2024) | -6.0% | 6,795 | Mumbai, Maharashtra, India | ||
| Universal Sompo General Insurance Company Limited | ₹316.7 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Generali Central Insurance Company Limited | ₹242.49 Cr (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| Generali Central Life Insurance Company Limited | ₹242.49 Cr (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| Nevansh Business Support Services Private Limited | ₹168.94 Cr (FY 2023) | 3637.0% | Mumbai, Maharashtra, India | |||
| Pramerica Life Insurance Limited | ₹154.09 Cr (FY 2024) | 41.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Sbi General Insurance Company Limited, buy the company report.
Auditor
Sbi General Insurance Company Limited is audited by A. Bafna & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. Bafna & Company | FY 2023 | 003660C |
Shareholding
The shareholding of Sbi General Insurance Company Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Sbi General Insurance Company Limited, buy the company report.
Deals & funding
Sbi General Insurance Company Limited has 19 deals on record (14 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹792.1 Cr; the latest was in October 2024.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Action Construction Equipment Ltd. Seller: DVS Capital Advisors Private Limited |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Luke Coutinho Hol Healing Systems Private Limited, 3 individuals Seller: 4 individuals |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: KCT Financial & Management Services Private Limited , an individual Seller: 3 individuals |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Sbi General Insurance Company Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sbi General Insurance Company Limited has 35,793 court cases on record: 1,798 filed by Sbi General Insurance Company, 34,001 filed against it. 10,311 cases are pending and 25,482 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32,536 | 32,337 | 8,494 |
| High courts | 3,185 | 1,607 | 1,795 |
| Supreme Court | 71 | 56 | 22 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 35,793)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1101-Compensation : Motor vehicle accident compensation) | Filed by the company against individuals | Disposed |
| Supreme Court | Court case (1101-Compensation : Motor vehicle accident compensation) | Filed against the company by individuals | Pending |
| Supreme Court | Court case (1101-Compensation : Motor vehicle accident compensation) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1101-Compensation : Motor vehicle accident compensation) | Filed against the company by individuals | Pending |
| Supreme Court | Court case (1301-Consumer Disputes and RERA : Appeals under Section 23 of Consumer Protection Act, 1986 and/or under Section 67 of Consumer Protection Act, 2019) | Filed against the company by M/S. Sri Venkateshwara Banana Ripening Unit | Disposed |
To see the full case history of Sbi General Insurance Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sbi General Insurance Company Limited was last rated by Crisil on 16 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Aug 2021 |
To see the full credit ratings and regulatory alerts of Sbi General Insurance Company Limited, buy the company report.
MSME payment delays
Sbi General Insurance Company Limited has 52 MSME Form 1 returns on record between 2022 and 2023, listing 84 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Indus Net Technologies Limited | |||
| Jayhind Sweets | |||
| Qworks Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Sbi General Insurance Company Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sbi General Insurance Company Limited has a workforce of 6,795 employees on its EPFO records as of Oct 22, 2024, across 2 active EPFO establishments.
GST
Sbi General Insurance Company has 36 GST registrations: 33 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS8857L1ZC | Maharashtra | Active | 01 Jul 2017 |
| 27AAMCS8857L2ZB | Maharashtra | Active | 02 Aug 2017 |
| 02AAMCS8857L1ZO | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAMCS8857L1ZM | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sbi General Insurance Company Limited, buy the company report.
Recent activity
Sbi General Insurance Company Limited has 52 board changes on record since 2010: 10 appointments and 42 cessations. The latest: Atul Sahai was appointed as Additional Director on 29 Jan 2026.
43 earlier events are in the company report.
News
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Frequently asked questions
Sbi General Insurance Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 24 February 2009 (17+ years old) and is registered under CIN U66000MH2009PLC190546.
Sbi General Insurance Company has 10 current directors and KMP:
- Challa Sreenivasulu Setty - Nominee Director
- Ashwini Kumar Tewari - Nominee Director
- Suchita Gupta - Director
- Srinivasan Chakrapani Shakotai - Director
- Tekkethalakal Kurien Kurien - Director
- Deepak Ishwarbhai Amin - Director
- Pravin Hari Kutumbe - Director
- Atul Srivastava - Nominee Director
- Atul Sahai - Additional Director
- Naveen Chandra Jha - Ceo
The latest financial statements of Sbi General Insurance Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sbi General Insurance Company is 27AAMCS8857L1ZC, registered in Maharashtra. The company has 36 GST registrations in all, of which 33 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAMCS8857L2ZB (Maharashtra), 02AAMCS8857L1ZO (Himachal Pradesh), 03AAMCS8857L1ZM (Punjab).
The CIN (Corporate Identification Number) of Sbi General Insurance Company is U66000MH2009PLC190546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sbi General Insurance Company has 35,793 court cases on record: 1,798 filed by the company and 34,001 filed against it. 10,311 are pending. Most are in the district courts.
Sbi General Insurance Company was incorporated on 24 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Sbi General Insurance Company has 19 deals on record (14 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹792.1 Cr; the latest was in October 2024.
The peers of Sbi General Insurance Company by revenue are Acko General Insurance Limited, HDFC Ergo General Insurance Company Limited, Shriram General Insurance Company Limited, Indusind General Insurance Company Limited, Universal Sompo General Insurance Company Limited and 4 more, all in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities).
Atul Sahai was appointed as Additional Director on 29 Jan 2026. Atul Srivastava was appointed as Nominee Director on 09 Oct 2025. Debangshu Munshi ceased to be Nominee Director on 30 Sep 2025. Sbi General Insurance Company has 52 board changes on record in total.
Sbi General Insurance Company has 52 MSME Form 1 returns on record between 2022 and 2023, listing 84 overdue payments to 27 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Sbi General Insurance Company can be reached through the website sbigeneral.in. Its registered office is in Mumbai, Maharashtra, India.
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