| Name | Care Health Insurance Limited Unlisted Share |
|---|---|
| Former Name | Religare Health Insurance Co. Ltd Unlisted Shares |
| Sector | Health Insurance |
| Security Type | Pre-IPO/Unlisted Equity Shares |
| Face Value | ₹ 10 |
| ISIN Code | INE119J01011 |
| Available in Depository | CDSL & NSDL |
| Care Health Insurance Unlisted Share Price | ₹ 183 Per Equity Share |
| Lot Size | 100 Shares |
| Minimum Investment | ₹ 18500-18900 |
| All Time High | ₹ 250 |
| All Time Low | ₹ 33 |
| Highlights | - One of the leading health insurance companies in India - Distribution footprints through channels like Agency, Banks, Brokers, Online |
| PAN | AADCR6281N |
Care Health Insurance (CHI), the health insurance arm of Care Health Insurance Limited (CHIL)(formerly known as Religare Health Insurance Company Limited), is a specialized Health Insurer offering health insurance services to employees of corporates, individual customers and for financial inclusion as well.
With CHI’s operating philosophy being based on the principal tenet of ‘consumer-centricity’, the company has consistently invested in the effective application of technology to deliver excellence in customer servicing, product innovation, and value-for-money services.
Care Health Insurance currently offers products in the retail segment for Health Insurance, Critical Illness, Personal Accident, Top-up Coverage, International Travel Insurance and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates.
The organization has been adjudged the ‘Best Health Insurance Company’ at the ABP News-BFSI Awards & ‘Best Claims Service Leader of the Year – Insurance India Summit & Awards. Care Health Insurance has also received the ‘Editor’s Choice Award for Best Product Innovation’ at Finnoviti and was conferred the ‘Best Medical Insurance Product Award’ at The FICCI Healthcare Awards.
Board Composition
Source – Annual Report FY 2021-22
Products:
Business Performance (FY2020-21)
In the financial year ended March 2021, Care Health Insurance Gross Domestic Premium Income (GDPI) rose to Rs. 2,559.75 Crores from Rs. 1,975.97 Crores, (excluding Ayushman Bharat) registering a growth of
29.5 % over financial year 19-20 . Including Ayushman Bharat, these figures were Rs. 2,559.75 Crores, Rs. 2,388.99 Crores and 7.1% respectively.
Care Health Insurance Profit After Tax (PAT) for the year increased to Rs. 102.23 Crores, registering a growth of 55.7 %. Solvency ratio was at 2.45, one of the highest in the industry and significantly above the
minimum regulatory requirement of 1.50x. The combined ratio as on March 31, 2021 is 93%.
The Networth of Care Health Insurance at the end of financial year March 31, 2021 is Rs. 1,037.16 Crores. Care Health Insurance has launched a few new products, namely, Care Advantage, Arogya Sanjeevani,
Corona Kavach, Covid Care, Group Care 360, Care Shield Add- on, Explore V2. During the last year 4 new branches were opened. There are around 9,904 permanent employees in the Care Health Insurance.
The agent strength, which is back bone of Care Health Insurance distribution, has increased from 1,32,474 to 1,69,183 as compared to last financial year
Source – Annual Report FY 2020-21
Future Outlook:
Due to COVID-19 pandemic, the awarenesslevel for health insurance has increased which is also reflected in the industry growth.
Care Health Insurance expects the growth level will continue which have been seen in recent past. In order to achieve growth objectives, Care Health Insurance plans to focus on increasing its distribution footprint through various Channels such as Agency, Banks, Brokers, Digital, Online etc. and shall emphasize distribution in all these channels through digital properties.
Source – Annual Report FY 2020-21
Business Performance (FY2021-22)
In the financial year ended March 2022, Gross Domestic Premium Income (GDPI) of Care Health Insurance rose to Rs. 3,947 Crores from Rs. 2,588 Crores registering a growth of 52 % over financial year 20-21.
Profit After Tax (PAT) of Care Health Insurance for the year decreased to Rs. 90.73 Crores, registering a growth of -89 %. Solvency ratio was at 1.85, one of the highest in the industry and significantly above the minimum regulatory requirement of 1.50x.
The combined ratio as on March 31, 2022 is 103%. The Net worth of Care Health Insurance at the end of financial year March 31, 2022 was Rs. 1,207.37 Crores. Care Health Insurance has launched a few new products, namely, Care Advantage, Arogya Sanjeevani, Corona Kavach, Covid Care, Group Care 360, Care Shield Add-on, Explore V2.
During the last year 50 new branches were opened. There are around 14311 permanent employees in the Company. The agent strength, which is back bone of their distribution, has increased from 1,69,183 to 1,97,806 as compared to last financial year.
(Excerpts from Care Health Insurance annual report FY2021-22)
| Paticulars | 2021-22 | 2020-21 | 2019-20 |
|---|---|---|---|
| Gross Written Premium | 3947.44 | 2588.02 | 2409.01 |
| Net Written Premium | 3088.42 | 1980.83 | 1626.02 |
| Net Earned Premium | 2510.84 | 1729.47 | 1508.45 |
| Net Incurred Claims | 1633.73 | 953.82 | 891.94 |
| Profit/(Loss) before tax | 15.55 | 75.48 | 65.89 |
| Profit/(Loss) after tax | 11.50 | 102.22 | 65.65 |
| EPS (In INR) | 0.13 | 1.26 | 0.93 |
*Rates mentioned in the chart are indicative.
The trend indicator above has been derived from the current demand/supply of Care Health Insurance Unlisted Shares. The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.
Total Number of Outstanding Shares: 908,567,736 (As per Annual Report FY 2021-22)
Market Cap Scenarios:
At 120 Rs/Share, Care Health Insurance Unlisted Shares values the company at approx. Rs. 10,902 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Care Health Insurance unlisted shares.
At 150 Rs/Share, Care Health Insurance Unlisted Shares values the company at approx. Rs. 13,628 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Care Health Insurance unlisted shares.
At 180 Rs/Share, Care Health Insurance Unlisted Shares values the company at approx. Rs. 16,354 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Care Health Insurance unlisted shares.
Source: Annual Report 2021-22
| Name | Listing Status |
|---|---|
| LIC of India | Listed |
| SBI Life insurance | Listed |
| HDFC Life Insurance | Listed |
| ICICI Pru Life | Listed |
| Star Health Insurance | Listed |
No information found for Care Health Insurance Dividend
Care Health Rights Issue
No information found for Care Health Insurance Buyback
No information found for Care Health Insurance Split
Process of Buying Care Health Insurance Unlisted Shares
Get connected with us and inquire for the Care Health Insurance Unlisted Shares
We will quote the current prevailing market rates of the Care Health Insurance Unlisted Shares (Subject to availability)
If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
Post receiving funds and demat details, we initiate transfer of Care Health Insurance unlisted shares. The shares usually gets transferred on same/next working day in your demat account
For detailed buying process, refer here
The minimum lot size for investing in Care Health Insurance Unlisted Shares is 100-200 Shares
The Lock-in period for Care Health Insurance Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment. (According to SEBI regulations)
As per the SEBI guidelines, lock-in period for Pre IPO shares is six months. The lock-in period starts from the date of allotment of IPO. During the lock-in period, the shares remain in your account but are marked as locked. After six months, the shares automatically gets unlocked and one can sell it normally on stock exchanges like any other listed shares
Yes, buying Care Health Insurance Unlisted Shares is completely legal
You can regularly check the updated price of Care Health Insurance Unlisted Shares at our Website and on our Telegram Channel
The IPO of Care Health Insurance can be expected in very short to medium term
At Unlisted Arena, you can buy Care Health Insurance Unlisted Shares and many such Pre IPO Shares easily at most reasonable rates with a hassle-free process. Unlisted Arena is India’s leading dealer in Unlisted & Pre IPO Shares
You can sell Care Health Insurance Unlisted Shares:
Before IPO: You can sell Care Health Insurance Unlisted Shares before IPO too. You need to have a buyer for this shares. We can also help you to liquidate your holdings of unlisted shares.
After IPO: Once the lock-in period is complete, you can sell the shares on stock exchanges(NSE/BSE) just like any other listed shares
There are two methods to transfer Care Health Insurance Unlisted Shares
Method 1 – Offline Transfer
In this method, you must have a Delivery Instruction Slip (DIS) book which is provided by your broker. All the demat broking companies have its own DIS book. Along with DIS, there is an annexure which is to be submitted by the seller. Annexure too is provided by the demat broking company. After filing DIS and annexure, duly signed by the seller, they are to be handed over to your respective broker. Post that, your broker will process the request and transfer the shares as per details provided
Method 2 – Online Transfer
One can also transfer shares online through E-DIS/Off Market share transfer. The client must check with their respective brokers if they provide such facility. One can also transfer shares through CDSL easiest (for CDSL Demat) and NSDL Speed-E (For NSDL Demat) after registering into it
Yes, Care Health Insurance Unlisted Shares are in demat form just like listed shares. You can buy and store them in your demat account. Like listed shares, Unlisted Shares also have their ISIN code so that you can verify the authenticity of shares
Once the process is complete, Care Health Insurance Unlisted Shares will reflect in your demat account. The shares usually gets reflected in your Depository holdings (DP Holdings). You can check it in your stock brokers app/website. The shares are also shown on your DP transactions and holding statement.
You can also check your holdings in the following:
If you have CDSL Demat Account – CDSL Myeasi app
If you have NSDL Demat Account – NSDL Speed-E
Many investors do ask ‘How to buy Care Health Insurance Unlisted Shares in Zerodha, Angel One, Upstox, etc?’
You can buy Care Health Insurance in any demat account with any broking company
When it comes to delivery of unlisted shares- Be assured as Unlisted Arena is the fastest in delivering shares. Once the process is completed, we usually deliver the shares on same day or the next working day. i.e T day or (T+1) working day
Short Term Capital Gains Tax: If unlisted shares are sold in 24 months or less, gains from such sale are taxed at the slab rate
Long Term Capital Gains Tax: If unlisted shares are sold after holding for more than 24 months, gains on such sale will be taxed at 20% after indexation
Tax on Capital Gains on Unlisted Shares that are sold after getting listed: The tax rates will be the same as that on purchase and sale of listed shares.
That is, the long-term gains (shares sold after holding for more than one year) will be taxed at 10% after a threshold of ₹ 1 lakh per financial year.
Short-term gains (gains on selling shares in one year or less) will be taxed at 15%
For listed shares, there are numerous applications and website which shows the market capitalization of shares. But no need to worry, we have included market capitalization scenarios on our website which shows market cap/valuations of the company based on prevailing Unlisted Shares rates. In addition, we have also mentioned total number of shares so that you can easily calculate current market cap quickly without putting much efforts. Click here to see the valuations of Care Health Insurance Pre IPO shares
Quick tip: Market Cap= Total Outstanding shares x Price per share
You can easily check latest developments, news related to Care Health Insurance Unlisted Shares on our website without any sign up or login. Click here to know about latest news and happening
Unlisted Arena is a prominent name which facilitates Unlisted Shares & Pre IPO Shares safely and securely. All the transactions are done through bank accounts where no third parties are involved. Unlisted Arena always quotes transparent rates and is also known for its fastest delivery of Unlisted Shares and Pre IPO Shares. Unlisted Arena gets featured regularly in India’s top most financial publications. You can check media coverage of Unlisted Arena here
Care Health Insurance is a Pre IPO company. Care Health Insurance has plans to get its stock listed on exchanges
Yes, NRIs can also buy and sell Care Health Insurance Unlisted Shares just like domestic investors. But their investment is on a non-repatriable basis
Like any listed shares, Unlisted Shares price is also determined by demand-supply of Unlisted Shares. Higher the demand, higher the price and vice-versa. The rates of Unlisted Shares are also derived from its performance, corporate actions such as declaration of results, bonus, dividend, etc. Another important aspect is share price/valuation of its listed peer. If the listed business is identical, unlisted companies share price/valuation will too be in similar fashion
At Unlisted Arena, we charge Zero Brokerage/Charges. The rates quoted by us are- net rates, i.e., you do not need to pay any brokerage or charges
One can buy Care Health Insurance Unlisted Shares in any demat account – no matter with which broker you have a demat account. There is no need for separate/special demat account for buying Unlisted Shares
Unlisted Arena sources Care Health Insurance Unlisted Shares from existing investors looking to liquidate their investment
Yes, you are eligible to get dividend, bonus and/or any other corporate actions declared by the company. You need to hold the Unlisted Shares in your demat account on the record date declared by the company to be eligible for such corporate actions
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