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The New India Assurance Company Limited - Company Profile

It is a financial services public limited union government company based in Mumbai, Maharashtra, India, established in 1919.

1919 | Mumbai, Maharashtra, India | Active
Last Updated:

About The New India Assurance Company Limited

The New India Assurance Company Limited, a active public limited union government company, was established on 23 July 1919 in Mumbai, Maharashtra, India. Engaging in general insurance providers within the financial and insurance service sector, it holds CIN: L66000MH1919GOI000526. Registered under ROC Roc Mumbai. it is listed on BSE: 540769 and NSE: NIACL. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹824.00 Cr.

Formerly known as The Kalyan Marine Insurance Company Limited, The Bhabha Marine Insurance Company Limited. It upholds a compliant status. Its leadership includes Akani Devi (Director), Nidhu Saxena (Director), Girija Subramanian (Managing Director). Past directors included Susmita Mukherjee, Bimalendu Chakrabarti, Anil Kumar Khandelwal. It holds ₹23,198.02 Cr open charges and ₹8,568.37 Cr settled loans. Its latest AGM occurred on 24 September 2024, with the balance sheet filed on 31 March 2024. It is based at New India Assurance Bldg87 M G Road Fort, Mumbai, Maharashtra, 400001.

Company Details

  • CIN/LLPIN

    L66000MH1919GOI000526

  • Registration Number

    000526

  • Incorporation Date

    23 July 1919

  • Authorized Capital

    ₹1,000.00 Cr

  • Paid-Up Capital

    ₹824.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 540769, NSE: NIACL)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 824.00 Cr
  • Company Age 106 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23,198.02 Cr
  • Satisfied Charges ₹ 8,568.37 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %
Company report

The New India Assurance Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into The New India Assurance Company 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 The New India Assurance Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Akani DeviDirector20 Apr 2023Current
Nidhu SaxenaDirector19 Sep 2024Current
Girija SubramanianManaging Director19 Jun 2024Current
Parshant Kumar GoyalNominee Director16 Aug 2024Current
Smita SrivastavaDirector24 Apr 2023Current
Kasturi SenguptaDirector24 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director31 Dec 2020Past
Pramod AbcsddManaging Director01 Oct 2009Past
Pramod AbcsddDirector12 Jun 2007Past
Pramod AbcsddDirector18 Dec 2015Past
Pramod AbcsddDirector30 Apr 2007Past
Pramod AbcsddDirector20 Dec 2024Past

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Financial Performance of The New India Assurance Company.

The New India Assurance Company Limited, 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%.

The New India Assurance Company revenue growth over time
The New India Assurance Company profit and loss trends over time
  • 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

What is the Ownership and Shareholding Structure of The New India Assurance Company?

In 2023, The New India Assurance Company had a promoter holding of 85.44% and a public holding of 14.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹231,980,221,261.18

Satisfied Charges

₹85,683,702,020.22

Charges Breakdown by Lending Institutions

  • Others : 13193.97 Cr
  • Bnp Paribas Singapore Branch : 1778.64 Cr
  • J.P. Morgan Europe Limited : 1063.85 Cr
  • Sky High Xliii Leasing Company Limited : 573.88 Cr
  • Pembroke Aircraft Leasing 4 Limited : 558.37 Cr
  • Others : 6029.31 Cr

Latest Charge Details

DateLenderAmountStatus
23 Oct 2018Others₹410.87 CrOpen
09 Oct 2018Others₹404.24 CrOpen
08 Oct 2018Others₹413.56 CrOpen
03 Oct 2018Others₹408.42 CrOpen
24 Sep 2018Others₹406.15 CrOpen

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How Many Employees Work at The New India Assurance Company?

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Employee growth trends for The New India Assurance Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The New India Assurance Company, 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 The New India Assurance Company's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on The New India Assurance Company

Recent Activity within the Organization

  • Charges

    A charge registered on 29 Aug 2013 via Charge ID 10447697 with J.P. Morgan Europe Limited was fully satisfied on 06 Oct 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 06 Aug 2013 via Charge ID 10443496 with J.P. Morgan Europe Limited was fully satisfied on 26 Sep 2025. was documented.

  • Director Appointment

    The activity Shwetha Rao Buntwal was appointed as a Nominee Director was appointed as a Nominee Director on 19 Aug 2025 & has been associated with this company since 3 months 14 days . was completed.

  • Charges

    A charge registered on 01 Jul 2013 via Charge ID 10436493 with J.P. Morgan Europe Limited was fully satisfied on 13 Aug 2025. was recorded as a recent event.

  • Charges

    A charge registered on 03 Jul 2013 via Charge ID 10436494 with J.P. Morgan Europe Limited was fully satisfied on 12 Aug 2025. was recorded as a recent event.

  • Charges

    A charge registered on 10 Apr 2013 via Charge ID 10421579 with J.P. Morgan Europe Limited was fully satisfied on 07 Jul 2025. was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of The New India Assurance Company Limited?

    The CIN of The New India Assurance Company Limited is L66000MH1919GOI000526.

  • Where is The New India Assurance Company Limited headquartered?

    The New India Assurance Company Limited is headquartered at New India Assurance Bldg87 M G Road Fort, Mumbai, Maharashtra, 400001.

  • When was The New India Assurance Company Limited incorporated?

    The New India Assurance Company Limited was incorporated on 23 July 1919.

  • Who are the current directors of The New India Assurance Company Limited?

    The current directors of The New India Assurance Company Limited are

  • What is the primary industry of The New India Assurance Company Limited?

    The primary industry of The New India Assurance Company Limited is Financial And Insurance Service.

  • Is The New India Assurance Company Limited a listed company?

    The New India Assurance Company Limited is listed. It is listed on BSE: 540769 and NSE: NIACL.

  • What is the capital structure of The New India Assurance Company Limited?

    The authorized capital of The New India Assurance Company Limited is ₹1,000.00 Cr, and the paid-up capital is ₹824.00 Cr.

  • What is the compliance status of The New India Assurance Company Limited?

    The compliance status of The New India Assurance Company Limited is Compliant.

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