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The New India Assurance Company Limited Location T. Score Charges People Network Registered Details
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THE NEW INDIA ASSURANCE COMPANY LIMITED

Active
Updated: 01 Nov 2024

The New India Assurance Company Limited, is an unlisted public company incorporated on 23 July, 1919. It is classified as a Government of India company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 1,000.00 cr and the total paid-up capital is INR 824.00 cr.

The current status of The New India Assurance Company Limited is - Active.

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Industry

Insurance
Products
  • Life/Non-life Insurance and Reinsurance activities, Other non-life insurance services n.e.c
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
9.29%
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EBITDA
7.69%
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Net Profit
-68.97%
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Networth
2.15%
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Borrowings
6.23%
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Assets
5.07%
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Gross Margin
5.57
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Operating Margin
-0.31
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Net Profit Margin
-8.37
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Return on Equity
-8.01
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ROCE
-0.76
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Debt to Equity
0.01
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

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Tofler Score

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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.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Performance
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

J.P. Morgan Europe Limited

No. of Loans: 11

Total Amount : 3,034.6 cr

2

Alafco Irish Aircraft Leasing Six Limited

No. of Loans: 8

Total Amount : 2,919.5 cr

3

Klaatu Aircraft Leasing (Ireland) Limited

No. of Loans: 9

Total Amount : 2,690.3 cr

4

BNP Paribas Singapore Branch

No. of Loans: 6

Total Amount : 1,778.6 cr

5

Vermillion Aviation (Two) Limited

No. of Loans: 3

Total Amount : 1,113.1 cr

6

Sky High LXXIX Leasing Company Limited

No. of Loans: 2

Total Amount : 813.2 cr

7

Sky High XLIII Leasing Company Limited

No. of Loans: 2

Total Amount : 573.9 cr

8

Pembroke Aircraft Leasing 4 Limited

No. of Loans: 2

Total Amount : 558.4 cr

9

Pembroke Aircraft Leasing 3 Limited

No. of Loans: 2

Total Amount : 537.4 cr

10

Pembroke Aircraft Leasing 2 Limited

No. of Loans: 2

Total Amount : 529.8 cr

11

Vermillion Aviation (Nine) Limited

No. of Loans: 2

Total Amount : 495.4 cr

12

Credit Agricole Corporate and Investment Bank

No. of Loans: 2

Total Amount : 478.0 cr

13

Sunflower Aircraft Leasing Limited

No. of Loans: 2

Total Amount : 443.9 cr

14

Ortus Aircraft Lease 5 (Dublin) Limited

No. of Loans: 1

Total Amount : 409.6 cr

15

FGL Aircraft Ireland Limited

No. of Loans: 1

Total Amount : 404.2 cr

16

WELLS FARGO BANK NORTHWEST NATIONAL ASSOCIATION

No. of Loans: 2

Total Amount : 392.7 cr

17

Avolon Aerospace (Ireland) AOE 52 Limited

No. of Loans: 1

Total Amount : 360.9 cr

18

Avolon Aerospace (Ireland) AOE 53 Limited

No. of Loans: 1

Total Amount : 356.4 cr

19

Avolon Aerospace (Ireland) AOE 51 Limited

No. of Loans: 1

Total Amount : 352.9 cr

20

HKAC Leasing 6860 (Ireland) Limited

No. of Loans: 1

Total Amount : 350.5 cr

21

Vermillion Aviation (Three) Limited

No. of Loans: 1

Total Amount : 350.1 cr

22

Avolon Aerospace (Ireland) AOE 50 Limited

No. of Loans: 1

Total Amount : 348.5 cr

23

CALC 20 - Aircraft Limited

No. of Loans: 1

Total Amount : 327.4 cr

24

CALC 19 - Aircraft Limited

No. of Loans: 1

Total Amount : 327.4 cr

25

Connolly Aviation Capital 3 Limited

No. of Loans: 1

Total Amount : 314.7 cr

26

Connolly Aviation Capital 4 Limited

No. of Loans: 1

Total Amount : 314.4 cr

27

Connolly Aviation Capital 2 Limited

No. of Loans: 1

Total Amount : 298.1 cr

28

Sky High XXXIV Leasing Company Limited

No. of Loans: 1

Total Amount : 290.8 cr

29

Archway Aviation (Ireland) 11 Limited

No. of Loans: 1

Total Amount : 282.2 cr

30

Tiga Aviation Leasing Limited

No. of Loans: 1

Total Amount : 268.8 cr

31

Subria One Designated Activity Company

No. of Loans: 1

Total Amount : 268.7 cr

32

Connolly Aviataion Capital 1 Limited

No. of Loans: 1

Total Amount : 268.3 cr

33

Avolon Aerospace (Ireland) AOE 116 Limited

No. of Loans: 1

Total Amount : 264.5 cr

34

Avolon Aerospace (Ireland) AOE 115 Limited

No. of Loans: 1

Total Amount : 264.5 cr

35

AVAP Leasing (Asia) Limited

No. of Loans: 2

Total Amount : 260.1 cr

36

AWAS 5155 Ireland Limited

No. of Loans: 1

Total Amount : 259.4 cr

37

HKAC Leasing (IGO No. 9) Limited

No. of Loans: 1

Total Amount : 258.0 cr

38

AWAS 5158 Ireland Limited

No. of Loans: 1

Total Amount : 255.4 cr

39

HKAC Leasing (IGO No. 8) Limited

No. of Loans: 1

Total Amount : 252.7 cr

40

SDH Wings 4 Leasing Limited

No. of Loans: 1

Total Amount : 250.1 cr

41

HKAC Leasing (IGO No. 7) Limited

No. of Loans: 1

Total Amount : 246.8 cr

42

TC SKYWARD AVIATION IRELAND LIMITED

No. of Loans: 1

Total Amount : 245.1 cr

43

Avolon Aerospace AOE 32 Limited

No. of Loans: 1

Total Amount : 236.7 cr

44

Avolon Aerospace AOE 33 Limited

No. of Loans: 1

Total Amount : 235.9 cr

45

HKAC Leasing (IGO No. 6) Limited

No. of Loans: 1

Total Amount : 200.2 cr

46

Aergen Aircraft Twenty Eight Limited

No. of Loans: 1

Total Amount : 199.7 cr

47

AETHER AIRCRAFT 1 LIMITED

No. of Loans: 1

Total Amount : 196.2 cr

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Charges

J.P. Morgan Europe Limited
Alafco Irish Aircraft Leasing Six Limited
Klaatu Aircraft Leasing (Ireland) Limited
BNP Paribas Singapore Branch
Others

People

Designation Name DIN/PAN Tenure
Director Ratan Kumar Das 01647104 3 years
Director Parshant Kumar Goyal 08652921 0 years
Director Girija Subramanian 09196957 0 years
Director Smita Srivastava 09250237 2 years
Director Surender Kumar Agarwal 09447076 3 years
Director Akani Devi 10110267 2 years
Director Titus Francis Maliakkel 10124446 2 years
Kmp Jyoti Rawat <HIDDEN> 1 years
Kmp Vimal Kumar Jain <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
R & K CORPORATE CONSULTANCY LLP
Active
1.0 L 1 Tripura
AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED
Active
200.0 Cr 1 Delhi
STOCK HOLDING CORPORATION OF INDIA LIMITED
Active
21.1 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
The New India Company ( Sierra Leone) Limited - - -
The New India Assurance Company (Trinidad and Tobago) Limited - - -
Prestige Assurance Plc, Nigeria - - -

Registered Details

CIN

L66000MH1919GOI000526

PAN

AAACN4165C

Incorporation

1919, 105.3 years

Company Email

cs.nia@newindia.co.in

Paid up Capital

₹ 824.0 Cr

Authorised Capital

₹ 1,000.0 Cr

AGM

31 Jun 2024

Type

Public
Union Government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 01 Nov 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - THE NEW INDIA ASSURANCE COMPANY LIMITED

What is the incorporation date of THE NEW INDIA ASSURANCE COMPANY LIMITED?

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The incorporation date of THE NEW INDIA ASSURANCE COMPANY LIMITED is 23 July, 1919

What is the authorized share capital of THE NEW INDIA ASSURANCE COMPANY LIMITED?

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The authorized share capital of THE NEW INDIA ASSURANCE COMPANY LIMITED is INR ₹ 1,000.0 Cr.

What is the paid-up capital of THE NEW INDIA ASSURANCE COMPANY LIMITED?

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The paid-up capital of THE NEW INDIA ASSURANCE COMPANY LIMITED is INR ₹ 824.0 Cr.

What is the registered address of THE NEW INDIA ASSURANCE COMPANY LIMITED?

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The registered address of THE NEW INDIA ASSURANCE COMPANY LIMITED is NEW INDIA ASSURANCE BLDG87 M G ROAD FORT MUMBAI Maharashtra - 400001

What is the CIN number of THE NEW INDIA ASSURANCE COMPANY LIMITED?

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The CIN number of THE NEW INDIA ASSURANCE COMPANY LIMITED is L66000MH1919GOI000526.

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