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THE NEW INDIA ASSURANCE COMPANY LIMITED

Active
Updated: 18 Sep 2025

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 , 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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Subscription Plans
Industry and products
Insurance
  • Other non-life insurance services n.e.c, Life/Non-life Insurance and Reinsurance activities
Company size
Auth Capital
₹ 1,000.0 Cr
Paidup Capital
₹ 824.0 Cr
Revenue
Not Available
# Key metrics of The New India Assurance Company Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 1,000.0 Cr | | | Paidup Capital | ₹ 824.0 Cr | | | Revenue | Not Available | | | Total Revenue | Details available with Tofler Pro subscription | 8.9% | | EBITDA | Details available with Tofler Pro subscription | 7.69% | | Net Profit | Details available with Tofler Pro subscription | -68.97% | | Networth | Details available with Tofler Pro subscription | 2.15% | | Borrowings | Details available with Tofler Pro subscription | 6.23% | | Assets | Details available with Tofler Pro subscription | 5.07% | | Gross Margin | Details available with Tofler Pro subscription | 5.57 | | Operating Margin | Details available with Tofler Pro subscription | -0.31 | | Net Profit Margin | Details available with Tofler Pro subscription | -8.37 | | Return on Equity | Details available with Tofler Pro subscription | -8.01 | | ROCE | Details available with Tofler Pro subscription | -0.76 | | Debt to Equity | Details available with Tofler Pro subscription | 0.01 |
Key Metrics

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

Total Revenue
8.9%
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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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People

Designation Name DIN/PAN Tenure
Nominee Director Parshant Kumar Goyal 08652921 1 years
Managing Director Girija Subramanian 09196957 1 years
Director Smita Srivastava 09250237 2 years
Director Akani Devi 10110267 2 years

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
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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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Total assets

Charges on assets

Bank wise
Charges
1

Alafco Irish Aircraft Leasing Six Limited

No. of Loans: 8

Total Amount : 2,919.5 cr

2

Klaatu Aircraft Leasing (Ireland) Limited

No. of Loans: 9

Total Amount : 2,690.3 cr

3

BNP Paribas Singapore Branch

No. of Loans: 6

Total Amount : 1,778.6 cr

4

J.P. Morgan Europe Limited

No. of Loans: 6

Total Amount : 1,675.0 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 53 Limited

No. of Loans: 1

Total Amount : 356.4 cr

18

Avolon Aerospace (Ireland) AOE 51 Limited

No. of Loans: 1

Total Amount : 352.9 cr

19

HKAC Leasing 6860 (Ireland) Limited

No. of Loans: 1

Total Amount : 350.5 cr

20

Vermillion Aviation (Three) Limited

No. of Loans: 1

Total Amount : 350.1 cr

21

CALC 20 - Aircraft Limited

No. of Loans: 1

Total Amount : 327.4 cr

22

CALC 19 - Aircraft Limited

No. of Loans: 1

Total Amount : 327.4 cr

23

Connolly Aviation Capital 3 Limited

No. of Loans: 1

Total Amount : 314.7 cr

24

Connolly Aviation Capital 4 Limited

No. of Loans: 1

Total Amount : 314.4 cr

25

Connolly Aviation Capital 2 Limited

No. of Loans: 1

Total Amount : 298.1 cr

26

Sky High XXXIV Leasing Company Limited

No. of Loans: 1

Total Amount : 290.8 cr

27

Archway Aviation (Ireland) 11 Limited

No. of Loans: 1

Total Amount : 282.2 cr

28

Tiga Aviation Leasing Limited

No. of Loans: 1

Total Amount : 268.8 cr

29

Subria One Designated Activity Company

No. of Loans: 1

Total Amount : 268.7 cr

30

Connolly Aviataion Capital 1 Limited

No. of Loans: 1

Total Amount : 268.3 cr

31

Avolon Aerospace (Ireland) AOE 116 Limited

No. of Loans: 1

Total Amount : 264.5 cr

32

Avolon Aerospace (Ireland) AOE 115 Limited

No. of Loans: 1

Total Amount : 264.5 cr

33

AVAP Leasing (Asia) Limited

No. of Loans: 2

Total Amount : 260.1 cr

34

AWAS 5155 Ireland Limited

No. of Loans: 1

Total Amount : 259.4 cr

35

HKAC Leasing (IGO No. 9) Limited

No. of Loans: 1

Total Amount : 258.0 cr

36

AWAS 5158 Ireland Limited

No. of Loans: 1

Total Amount : 255.4 cr

37

HKAC Leasing (IGO No. 8) Limited

No. of Loans: 1

Total Amount : 252.7 cr

38

SDH Wings 4 Leasing Limited

No. of Loans: 1

Total Amount : 250.1 cr

39

HKAC Leasing (IGO No. 7) Limited

No. of Loans: 1

Total Amount : 246.8 cr

40

TC SKYWARD AVIATION IRELAND LIMITED

No. of Loans: 1

Total Amount : 245.1 cr

41

Avolon Aerospace AOE 32 Limited

No. of Loans: 1

Total Amount : 236.7 cr

42

Avolon Aerospace AOE 33 Limited

No. of Loans: 1

Total Amount : 235.9 cr

43

HKAC Leasing (IGO No. 6) Limited

No. of Loans: 1

Total Amount : 200.2 cr

44

Aergen Aircraft Twenty Eight Limited

No. of Loans: 1

Total Amount : 199.7 cr

45

AETHER AIRCRAFT 1 LIMITED

No. of Loans: 1

Total Amount : 196.2 cr

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Charges

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

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED
Active
200.0 Cr 1 Delhi
GIC HOUSING FINANCE LIMITED
Active
53.9 Cr 1
STOCK HOLDING CORPORATION OF INDIA LIMITED
Active
21.1 Cr 1

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 - - -

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
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Registered Details

CIN

L66000MH1919GOI000526

PAN

AAACN4165C

Incorporation

1919, 106.2 years

Company Email

cs.nia@newindia.co.in

Paid up Capital

₹ 824.0 Cr

Authorised Capital

₹ 1,000.0 Cr

AGM

Sep 2024

Type

Public
Union Government Company

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, India, 400001 - 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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