CARE HEALTH INSURANCE LIMITED formerly known as Religare Health Insurance Company Limited is a specialized health insurance company that offers products in the retail segment for Health insurance, Top-up Coverage, Personal Accident, Maternity, International Travel Insurance and Critical Illness along with Group Health Insurance and Group Personal Accident Insurance for Corporates, Micro Insurance Products for the Rural Market and a Comprehensive Set of Wellness Services. In total the company has a product bouquet of 23 products. Care Health Insurance is one of the leading Stand-alone Health Insurance (SAHI). It is ranked 5th amongst private general insurers and 2nd among Stand-alone health insurers (SAHI) with a market share of 4.2% (as of FY 2020) in the Health and Personal accident insurance space.
Care health Insurance Limited is a subsidiary of Religare Enterprises Limited. Care Health Insurance commenced its business in 2012 as Religare Health Insurance Limited. The company now has a network presence at 1000+ locations across India with 156 branches and 10,000+ hospitals empaneled for cashless claims.
The company has multiple channels for distribution of its products and services including agencies, brokers, corporate agents, online and bancassurance. The company mainly focuses on retail and SME segment.
Care Health Insurance Limited has also successfully completed Ayushman Bharat mandate in Chhattisgarh. In FY 2020, Kedaara Capital invested Rs. 567 Crores (300 Crores primary + 267 Crores secondary) for 19% stake in Care Health Insurance Limited.
Care Health Insurance was adjudged the "Best Health Insurance Company" at the ABP News-BFSI Awards 2017 and again at the Emerging Asia Insurance Awards, 2019 and "Best Claims Service Provider of the Year" at the Insurance India Summit & Awards 2018. Care Health Insurance has also received the "Editor's Choice Award for Best Product Innovation" at Finnoviti in 2017 and was conferred the "Best Medical/Health Insurance Product Award" at the FICCI Healthcare Excellence Awards in 2015, 2018 and 2019.
Care Health Insurance Outstanding Shares: |
99,58,72,003 |
Face Value of Care Health InsuranceUnlisted Share: |
10 |
ISIN of Care Health Insurance Unlisted Share: |
INE119J01011 |
Lot Size of Care Health Insurance Unlisted Share: |
100 |
Care Health Insurance Share Price: |
Best in Industry |
PAN Number of Care Health Insurance ltd. : |
AADCR6281N |
| GST Number of Care Health Insurance ltd. | 06AADCR6281N2ZV |
|
Care Health Insurance Limited CIN Number |
U66000DL2007PLC161503 |
|
Care Health Insurance Limited Registration Date |
02 April 2007 |
|
Category / Sub-Category of Care Health Insurance Company Limited |
Company Limited by Shares / Indian Non Government Company |
|
Registered Office Address |
5th Floor, 19, Chawla House, Nehru Place, New Delhi 110019 |
|
Registrar & Transfer Agent Address & Contact Details |
KFIN Technologies Private Limited Selinium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad 500032 |
Dr. Rashmi Saluja (Non Executive Chairperson)
Mr. Anuj Gulati (Managing Director & CEO)
Mr. Sham Lal Mohan (Non Executive Independent Director)
Lt. Gen. (Retired) Shamsher Singh Mehta (Non Executive Independent Director)
Mrs. Asha Nair (Non Executive Independent Director)
Mr. Malay Kumar Sinha (Non Executive Independent Director)
Mr. Siddharth Dinesh Mehta (Non Executive Director)
Mr. Vijay Kumar Uppal (Bank Nominee Director)
Mr. Sushil Chandra Tripathi (Non Executive Independent Director)
Mr. Kartikeya Dhruv Kaji (Non Executive Director)
CARE HEALTH INSURANCE LIMITED does not have any subsidiary or associate company.
Shareholding Pattern as on 31-03-2025
S. No. | Shareholder’s Name | No. of Shares | % of total Shares of the company |
1 | Promoters | 81,77,31,392 | 83.94% |
2 | Others | 15,64,53,068 | 16.06% |
| Total | 97,41,84,460 | 100.00 |
FAQ
Q. What
is the face value of Care Health Insurance Ltd shares?
Answer: The face value of Care Health Insurance Ltd shares is ₹10 per
equity share.
Q. What
is the ISIN of Care Health Insurance shares?
Answer: The ISIN of Care Health Insurance Ltd is INE119J01011.
Q. What
is the minimum lot size for buying Care Health Insurance shares through WWIPL?
Answer: The minimum lot size for Care Health Insurance unlisted shares
is generally 100 shares, subject to market availability and seller
inventory.
Q. How
can I buy Care Health Insurance shares through WWIPL?
Answer: Investors can complete KYC formalities, confirm share
availability and pricing, transfer funds, and receive shares directly into
their Demat account through WWIPL.
Q. Why
should I buy Care Health Insurance shares through WWIPL?
Answer: WWIPL offers transparent pricing, verified transactions, secure
settlements, Demat transfers, and dedicated support throughout the investment
process.
Q. Is
investing in Care Health Insurance a good idea?
Answer: Investors often evaluate Care Health Insurance based on its
strong position in the health insurance segment, premium growth, profitability,
market share, and long-term growth potential.
Q. Why
are investors interested in Care Health Insurance shares before a potential
IPO?
Answer: Investors seek exposure to one of India's leading standalone
health insurance companies before a potential public listing and future
liquidity event.
Q. Who
are the promoters of Care Health Insurance Ltd?
Answer: Care Health Insurance is backed by Religare Enterprises
Limited and has established itself as a leading player in India's health
insurance sector.
Q. What
does Care Health Insurance Ltd do?
Answer: The company provides health insurance, critical illness
insurance, personal accident insurance, travel insurance, and group health
insurance solutions for individuals and corporates.
Q. What
are the key growth drivers for Care Health Insurance?
Answer: Rising healthcare costs, increasing insurance awareness, growing
health insurance penetration, digital distribution channels, and expanding
healthcare infrastructure can support future growth.
Q. What
factors influence the valuation of Care Health Insurance shares?
Answer: Gross written premium growth, profitability, claim ratios,
solvency position, market share, distribution network, and IPO expectations are
key valuation drivers.
Q. What
documents are required to buy Care Health Insurance shares from WWIPL?
Answer: PAN Card, Aadhaar Card, Client Master Report (CMR), and bank
account details are generally required to complete the transaction.
Q. Are
Care Health Insurance shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to
the investor's Demat account.
Q. Can I
sell my Care Health Insurance shares through WWIPL?
Answer: Yes. WWIPL assists investors in both buying and selling unlisted
shares, subject to market demand and liquidity.
Q. How
long does it take for Care Health Insurance shares to be credited to a Demat
account?
Answer: Shares are generally transferred as per the agreed settlement
timeline after successful transaction completion..
Q. What
is the PAN number of Care Health Insurance Ltd?
Answer: The PAN number of Care Health Insurance Ltd is AADCR6281N
Q. What
is the CIN of Care Health Insurance Ltd?
Answer: The Corporate Identification Number (CIN) of the company is U66000DL2007PLC161503.
Q. When
was Care Health Insurance Ltd incorporated?
Answer: Care Health Insurance Ltd was incorporated on 27 June 2007.
Q. What
makes Care Health Insurance different from other insurance companies?
Answer: The company is focused exclusively on health insurance, enabling
specialized underwriting expertise, product innovation, and customer-centric
healthcare solutions.
Q. What
are the risks of investing in Care Health Insurance shares?
Answer: Investors should consider claim ratio fluctuations, regulatory
changes, competitive pressures, valuation risks, and liquidity constraints
associated with unlisted shares.
Q. What
should investors evaluate before investing in Care Health Insurance Ltd?
Answer: Investors should assess premium growth, profitability, combined
ratio, solvency margin, market share, valuation, and long-term health insurance
sector prospects.
Q. How
does WWIPL help investors track Care Health Insurance investments?
Answer: WWIPL provides pricing updates, company information, transaction
assistance, and market insights related to Care Health Insurance Ltd unlisted
shares.