India's Richest People 2026 edition · 1 director · Source: Hurun India
- #748 Rashesh Chandrakant Shah & family ₹4,200 Cr
Revenue · FY 2025
₹15
Latest filing
Authorised capital
₹2,000 Cr
Registered with MCA
Paid-up capital
₹1,057 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
8
As per MCA filings
Active GSTINs
8
GST registered
Brands
2
Associated brands
Last financials
Mar 2025
Balance sheet date
About Zuno General Insurance Limited
Data last updated:
Zuno General Insurance Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Edelweiss Financial Services Limited. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 02 March 2016 and has been in existence for over 10 years.
Its director Rashesh Chandrakant Shah and family are #748 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2016PLC273758. Its GSTIN is 27AAECE2328J1ZO (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,057 Cr. It is led by directors including Shubhdarshini Ghosh (Managing Director) and Rujan Harchand Panjwani.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Tower 3 Wing B Kohinoor City Mall Kohinoor City Kirol Road Kurla (West), Mumbai, Maharashtra, India – 400070.
The company is associated with 2 brands: Zuno and Edelweiss Insurance. Court records list 752 cases involving the company, including 17 filed by the company and 735 filed against it; 541 cases are pending. The company has 5 deals on record (3 rights issues, 2 acquisitions); the latest was in July 2020. Its 6 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, 1 larger and 5 smaller; the largest is Liberty General Insurance Limited with revenue of ₹30.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website edelweissinsurance.com.
Company details
CIN U66000MH2016PLC273758
Registration Number 273758
Incorporation Date 02 March 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Edelweiss Financial Services Limited
Compliance Status Active Compliant
Key People
Shubhdarshini Ghosh Managing Director Rujan Harchand Panjwani Director Sandeep Bhandarkar Director Recognitions & Rankings of Zuno General Insurance
Contact details
Zuno General Insurance Limited's registered office is in Mumbai, Maharashtra. Its website is edelweissinsurance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Tower 3 Wing B Kohinoor City Mall Kohinoor City Kirol Road Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryFinancial Services, General Insurance Providers
To see the full contact details of Zuno General Insurance Limited, buy the company report.
Comprehensive company report
Zuno General Insurance 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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Brands
Zuno General Insurance operates two associated brands: Zuno and Edelweiss Insurance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Zuno provides comprehensive health, auto, and marine insurance services. | hizuno.com | |
| Insurance services are provided by Edelweiss across India. | edelweissinsurance.com |
Business activity
The main business activity of Zuno General Insurance 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 Zuno General Insurance Limited, buy the company report.
Financials of Zuno General Insurance Limited
FY 2025 filings availableZuno General Insurance Limited reported revenue of ₹15 for FY 2025.
Revenue · FY 2025
₹15
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Zuno General Insurance Limited, buy the company report.
Board of directors of Zuno General Insurance Limited
Zuno General Insurance has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rujan Harchand Panjwani Also directs: Edelweiss Life Insurance Company Limited, Salus Advisory LLP | Director | 29 Aug 2017 | 9 Years 2 Months | Current |
| Shubhdarshini Ghosh | Managing Director | 10 May 2019 | 7 Years 5 Months | Current |
| Sandeep Bhandarkar | Director | 01 Nov 2022 | 4 Years 0 Months | Current |
| Priyadeep Chopra Also directs: Edelweiss Life Insurance Company Limited, Eaaa India Alternatives Limited, Edel Finance Company Limited and 2 more | Director | 01 Nov 2022 | 4 Years 0 Months | Current |
| Rashesh Chandrakant Shah Also directs: Spire Investment Advisors LLP, Mabella Investment Adviser LLP, Oak Investment Adviser LLP and 5 more | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Sudha Bhamidipati Also directs: Worxogo Solutions Private Limited | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Zuno General Insurance Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Liberty General Insurance Limited | ₹30 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Zuno General Insurance Limitedthis company | ₹15 (FY 2025) | Mumbai, Maharashtra, India | ||||
| The New India Assurance Company Limited | ₹15 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Tata Aig General Insurance Company Limited | ₹15 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Ecgc Limited | ₹15 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Agriculture Insurance Company of India Limited | ₹15 (FY 2025) | New Delhi, Delhi, India | ||||
| Royal Sundaram General Insurance Co. Limited | ₹15 (FY 2025) | -100.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Zuno General Insurance Limited, buy the company report.
Auditor
Zuno General Insurance Limited is audited by Chaturvedi & Co. Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Co. Chartered Accountants | FY 2023 | 302137E |
Shareholding
The shareholding of Zuno General Insurance Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zuno General Insurance Limited, buy the company report.
Deals & funding
Zuno General Insurance Limited has 5 deals on record (3 rights issues, 2 acquisitions); the latest was in July 2020.
Total deals
5
Rights issues
3
Acquisitions
2
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Rights issue | ₹115 Cr | Investors: Nuvama Wealth Management Limited |
| Aug 2019 | Rights issue | ₹100 Cr | Investors: Nuvama Wealth Management Limited |
| Mar 2019 | Rights issue | ₹38 Cr | Investors: Nuvama Wealth Management Limited |
| Jul 2017 | Acquisition | ₹165 Cr | Buyer: Nuvama Wealth Management Limited |
| Nov 2016 | Acquisition | ₹4.95 Cr | Buyer: Nuvama Wealth Management Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zuno General Insurance Limited has 752 court cases on record: 17 filed by Zuno General Insurance, 735 filed against it. 541 cases are pending and 211 are disposed.
Total cases
752
Filed by the company
17
Filed against the company
735
Pending
541
Disposed
211
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 737 | 733 | 533 |
| High courts | 15 | 2 | 8 |
Cases on record (5 of 752)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Goods and Services Tax Network and 4 others | Disposed |
| District court, New Delhi, Delhi | Court case (M.A.C.T) | Filed against the company | Pending |
| District court, Sonitpur, Assam | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Sonitpur, Assam | Motor accident claim | Filed against the company by an individual | Pending |
| District court, West Godavari, Andhra Pradesh | Court case (MVOP) | Filed against the company | Pending |
To see the full case history of Zuno General Insurance 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zuno General Insurance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zuno General Insurance has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE2328J1ZO | Maharashtra | Active | 29 Aug 2017 |
| 29AAECE2328J1ZK | Karnataka | Active | 10 Feb 2018 |
| 07AAECE2328J1ZQ | Delhi | Active | 15 Mar 2018 |
| 19AAECE2328J1ZL | West Bengal | Active | 05 Jun 2018 |
To see the full GST registrations and return filing status of Zuno General Insurance Limited, buy the company report.
Recent activity
Zuno General Insurance Limited has 30 board changes on record since 2016: 19 appointments and 11 cessations. The latest: Akanksha Sharma ceased to be Company Secretary on 30 Aug 2024.
AGM
Zuno General Insurance Limited last Annual general meeting of members was held on 26 Aug 2025 as per latest MCA records.
Filing
Zuno General Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Akanksha Sharma ceased to be Company Secretary.
Appointed
Sumit Rai was appointed as Director.
Ceased
Kanu Harkisondas Doshi ceased to be Director.
Appointed
Hosdurg Sundar Kamath Upendra Kamath was appointed as Director.
Ceased
Subramanian Ranganathan ceased to be Director.
Ceased
Kamala Kantharaj ceased to be Director.
Appointed
Priyadeep Chopra was appointed as Director.
Appointed
Sandeep Bhandarkar was appointed as Director.
Ceased
Navtej Singh Nandra ceased to be Director.
Appointed
Rashesh Chandrakant Shah was appointed as Director.
21 earlier events are in the company report.
News
Frequently asked questions
Zuno General Insurance 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 02 March 2016 (10+ years old) and is registered under CIN U66000MH2016PLC273758.
Zuno General Insurance has 8 current directors:
- Shubhdarshini Ghosh - Managing Director
- Rujan Harchand Panjwani - Director
- Sandeep Bhandarkar - Director
- Priyadeep Chopra - Director
- Rashesh Chandrakant Shah - Director
- Sudha Bhamidipati - Director
- Sumit Rai - Director
- Hosdurg Sundar Kamath Upendra Kamath - Director
The latest financial statements of Zuno General Insurance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Zuno General Insurance is 27AAECE2328J1ZO, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 29AAECE2328J1ZK (Karnataka), 07AAECE2328J1ZQ (Delhi), 19AAECE2328J1ZL (West Bengal).
The CIN (Corporate Identification Number) of Zuno General Insurance is U66000MH2016PLC273758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zuno General Insurance has 752 court cases on record: 17 filed by the company and 735 filed against it. 541 are pending. Most are in the district courts.
Zuno General Insurance was incorporated on 02 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Zuno General Insurance has 5 deals on record (3 rights issues, 2 acquisitions); the latest was in July 2020.
The peers of Zuno General Insurance by revenue are Liberty General Insurance Limited, The New India Assurance Company Limited, Tata Aig General Insurance Company Limited, Ecgc Limited, Agriculture Insurance Company of India Limited and 1 more, all in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities).
Akanksha Sharma ceased to be Company Secretary on 30 Aug 2024. Sumit Rai was appointed as Director on 20 Oct 2023. Kanu Harkisondas Doshi ceased to be Director on 19 May 2023. Zuno General Insurance has 30 board changes on record in total.
Zuno General Insurance can be reached through the website edelweissinsurance.com. Its registered office is in Mumbai, Maharashtra, India.
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