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SHRIRAM LIFE INSURANCE CO.  LTD 

Shriram Life Insurance Unlisted Shares Details:

ISIN:

INE227H01016

Face Value:

₹ 10 Per Equity Share

Equity Share Capital:

Rs.175.30 Cr

About Shriram Life Insurance Company

Shriram Life Insurance Company, also known as (SLIC) was founded in the year 2005 and commenced operations in the year 2006. SLIC is well known for their efficient use of capital and low operational costs.

Shriram Life Insurance Company is a joint venture between Shriram Group founded in 1974, headquartered in Chennai and Sanlam, a leading financial services group based in Cape Town, South Africa. Together, Sanlam and Shriram’s group aims to provide the best life insurance products to cater different segments of Indian market. In 2016, Shriram Life Insurance Company received the Bizz Americas 2016 Awards. The company’s objective aims in ‘reaching out to the common man with products and services that would be helpful to him/her as they set out on the path to prosperity.’

Highlights of Shriram Life Insurance

Ø  Shriram Life has more than 528 branches with over and above 1.45 crore customers.

 

Ø  Shriram Life clocked Rs.1020 crore gross premium in 2015-2016.

 

Ø  The company has a network of 609 offices and 75,000 agents across India.

 

Ø  Shriram has an outstanding Underwriting Record and has awarded as ‘Underwriting Initiative of the Year.’

 

Ø  Shriram Life Insurance generates more than 40% business through providing insurance to rural area and weaker segment individuals - ‘AAM AADMI’ of India.

 

Ø  The Founder of Shriram Group, Mr R Thyagarajan, has been awarded with Padma Bhushan award.
SHRIRAM LIFE INSURANCE CO.  LTD 
 AS ON 06.10.2020
 
 
NATURE OF INDUSTRY/ACTIVITY :

INSURANCE
ISIN NO : INE227H01016
EQUITY SHARE CAPITAL : Rs. 175.30 Cr
FACE VALUE : Rs. 10/share
PROMOTERS SHARE HOLDING : SHRIRAM CAPITAL LTD. - 74.56% , SANLAM EMERGING MARKETS (MAURITIUS) LTD. - 23%
   
2018 - 17 2018 - 19
EQUITY SHARE CAPITAL : Rs. 175.09 Cr Rs. 175.30 Cr
RESERVE : Rs. 405.88 Cr Rs. 446.81 Cr
PROFIT BEFORE TAX : Rs. 93.16 Cr Rs. 54.50 Cr
PROFIT AFTER TAX Rs. 87.87 Cr Rs. 62.83 Cr
PROFIT C/F Rs. 405.75 Cr Rs. 446.38 Cr
ANNUAL REPORT Click Here
COMPANY WEBSITE Click Here

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