New India Assurance

BSE: 540769 | NSE: NIACL
New India Assurance (CIN: L66000MH1919GOI000526) operates in the General Insurance industry and has been listed in the stock market since 13th Nov 2017. It currents trades on NSE with symbol NIACL and on BSE with scrip code 540769.
The registered office of the company is 87, M.G. Road, Fort,Mumbai,Maharashtra,400001.

The management team of New India Assurance is led by Mr. ATUL SAHAI who is the Executive Director-Chairperson-CEO-MD. Other members of the management team consist of Ms. Gouri Rajan (Designation:Chief Risk Officer), Mr. SANJEEV KAUSHIK (Designation:Non-Executive - Nominee Director), Mr. SANJEEV KUMAR CHANANA (Designation:Non-Executive - Independent Director-Employee Director), Mr. SAMIR KUMAR BANERJEE (Designation:Non-Executive - Independent Director-Employee Director), Mr. A K GOEL (Designation:Non-Executive - Independent Director-Employee Director), Mr. A S RAJEEV (Designation:Non-Executive - Independent Director-Employee Director), Ms. PADMAJA CHUNDURU (Designation:Non-Executive - Independent Director-Employee Director), Ms. S N Rajeswari (Designation:Chief Financial Officer), Jayashree Nair (Designation:Company Secretary & Compliance Officer), .

The price and other financial information of New India Assurance is as below -

BSE 118.5 -0.6 (-0.5%)

BSE

118.5 -0.6 (-0.5%)
Symbol is not Traded Today for NSE

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 0 0.00
Foreign Institutions 17,93,418 0.11
NBFC and Mutual Funds 74,08,608 0.45
Others 50,73,718 0.31
General Public 1,19,89,868 0.73
Financial Institutions 21,37,34,388 12.97
Total 24,00,00,000 14.57

Financial Data

Consolidated
Figures in crore 2019 2018 2017
Total Interest income 21,611.66 19,830.39 20,301.30
Net interest income 21,600.39 19,818.54 20,295.75
Non-interest income 6,090.87 5,290.87 1,707.28
Operating income 27,691.26 25,109.41 22,003.03
Depreciation 89.66 74.49 46.97
Profit Before Tax 677.01 2,722.41 1,194.28
Tax 72.24 533.19 166.31
Profit After Tax 604.77 2,189.22 1,027.97
Share Capital 824.00 412.00 200.00
Reserves 15,697.00 15,747.78 20,484.30
Net Worth 16,521.00 16,159.78 20,684.30
Deposits 7,589.49 8,480.63 0.00
Borrowings 0.00 0.00 0.00
Investments 59,800.56 56,023.90 51,906.75
Advances 0.00 0.00 0.00
Debtors 0.00 0.00 0.00
Standalone
Figures in crore 2019 2018 2017
Total Interest income 21,487.59 19,724.60 19,387.16
Net interest income 21,477.06 19,716.07 19,381.91
Non-interest income 6,069.03 5,270.49 1,740.36
Operating income 27,546.09 24,986.56 21,122.27
Depreciation 87.31 72.19 44.88
Profit Before Tax 644.87 2,725.06 1,163.86
Tax 65.08 524.14 155.93
Profit After Tax 579.79 2,200.92 1,007.93
Share Capital 824.00 412.00 200.00
Reserves 15,121.13 15,277.22 19,951.49
Net Worth 15,945.13 15,689.22 20,151.49
Deposits 22,260.58 22,888.26 15,711.56
Borrowings 0.00 0.00 0.00
Investments 59,190.20 55,538.21 49,733.87
Advances 0.00 0.00 0.00
Debtors 0.00 0.00 6,376.15
Dividend Declared (₹)
The company has declared dividend 3 times between 29 Nov 2017 and 18 Jul 2019, totaling Rs. 9.00 so far. The most recent dividend was declared on 18 Jul 2019 for Rs. 1.5.
Bonus History
Date Ratio
27 Jun 2018 issue 1:1

Financial Data Graph

* The above data is collected from public sources and we do not guarantee the accuracy of the same.*

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