Not registered yet? Get a free account.

Sign Up
search icon cancel icon

GENERAL INSURANCE CORPORATION OF INDIA

Active
Updated: 30 Jul 2025

The company provides general insurance services. It offers reinsurance products and solutions to direct general insurance companies which includes fire, marine, motor, engineering, agriculture, aviation, space, health, liability, credit, financial, and life insurance.

General Insurance Corporation Of India, is an unlisted public company incorporated on 22 November, 1972. It is classified as a Government of India company and is located in , . It's authorized share capital is INR 1,000.00 cr and the total paid-up capital is INR 877.20 cr.

Read more

Subscription Plans
Industry and products
Finance
  • motor, and life insurance., aviation, Reinsurance products and solutions to direct general insurance companies which includes fire, agriculture, health, engineering, space, liability, financial, credit, marine
Company size
Auth Capital
₹ 1,000.0 Cr
Paidup Capital
₹ 877.2 Cr
Revenue
Not Available
# Key metrics of General Insurance Corporation Of India - All rupee values in INR crores. Based on March 2025 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 1,000.0 Cr | | | Paidup Capital | ₹ 877.2 Cr | | | Revenue | Not Available | | | Total Revenue | Details available with Tofler Pro subscription | -6.49% | | EBITDA | Details available with Tofler Pro subscription | -6.6% | | Net Profit | Details available with Tofler Pro subscription | 190.59% | | Networth | Details available with Tofler Pro subscription | -7.96% | | Borrowings | Details available with Tofler Pro subscription | 47.15% | | Assets | Details available with Tofler Pro subscription | 3.46% | | Gross Margin | Details available with Tofler Pro subscription | 0.27 | | Operating Margin | Details available with Tofler Pro subscription | -0.13 | | Net Profit Margin | Details available with Tofler Pro subscription | 7.03 | | Return on Equity | Details available with Tofler Pro subscription | 7.53 | | ROCE | Details available with Tofler Pro subscription | -2.41 | | Debt to Equity | Details available with Tofler Pro subscription | 0.18 |
Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue
-6.49%
₹ GET PRO
EBITDA
-6.6%
₹ GET PRO
Net Profit
190.59%
₹ GET PRO
Networth
-7.96%
₹ GET PRO
Borrowings
47.15%
₹ GET PRO
Assets
3.46%
₹ GET PRO
Gross Margin
0.27
GET PRO %
Operating Margin
-0.13
GET PRO %
Net Profit Margin
7.03
GET PRO %
Return on Equity
7.53
GET PRO %
ROCE
-2.41
GET PRO %
Debt to Equity
0.18
GET PRO
Sales
Mar 2025
Net worth
Mar 2025

Locations

indian flag India (1)
State Type Address

location icon Locations on Map

Map placeholder

People

Designation Name DIN/PAN Tenure
Director Vinata Kumari 10093690 3 years
Whole-Time Director Hitesh Rameshchandra Joshi 09322218 1 years
Managing Director Ramaswamy Narayanan 10337640 2 years

Financial Highlights

** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Total assets

Charges on assets

Bank wise
Charges
1

Lloyds Bank Plc

No. of Loans: 1

Total Amount : 320.0 cr

chart icon

Charges

Lloyds Bank Plc

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
GIC HOUSING FINANCE LIMITED
Active
53.9 Cr 1 Maharashtra
ECGC LIMITED
Active
4,338.0 Cr 1 Maharashtra
AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED
Active
200.0 Cr 1 Delhi
INDIAN REGISTER OF SHIPPING
Active
0.0 1 Maharashtra
HEALTH INSURANCE TPA OF INDIA LIMITED
Active
120.0 Cr 1 Delhi

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
GIC RE SOUTH AFRICA LTD - - -

Tofler Score

score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Read more

Registered Details

CIN

L67200MH1972GOI016133

PAN

AAACG0615N

Incorporation

1972, 52.9 years

Company Email

cmd@gicre.in

Paid up Capital

₹ 877.2 Cr

Authorised Capital

₹ 1,000.0 Cr

AGM

Sep 2024

Type

Public
Union Government Company

FAQ - GENERAL INSURANCE CORPORATION OF INDIA

What is the incorporation date of GENERAL INSURANCE CORPORATION OF INDIA?

plus icon

The incorporation date of GENERAL INSURANCE CORPORATION OF INDIA is 22 November, 1972

What is the authorized share capital of GENERAL INSURANCE CORPORATION OF INDIA?

plus icon

The authorized share capital of GENERAL INSURANCE CORPORATION OF INDIA is INR ₹ 1,000.0 Cr.

What is the paid-up capital of GENERAL INSURANCE CORPORATION OF INDIA?

plus icon

The paid-up capital of GENERAL INSURANCE CORPORATION OF INDIA is INR ₹ 877.2 Cr.

What is the registered address of GENERAL INSURANCE CORPORATION OF INDIA?

plus icon

The registered address of GENERAL INSURANCE CORPORATION OF INDIA is SURAKSHA170 J TATA ROAD CHURCHGATE, MUMBAI, Maharashtra, India, 400020 - 400020

What is the CIN number of GENERAL INSURANCE CORPORATION OF INDIA?

plus icon

The CIN number of GENERAL INSURANCE CORPORATION OF INDIA is L67200MH1972GOI016133.

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More