Shriram Life Insurance Company Limited is a subsidiary company of the Shriram Group. Shriram Group was established in 1974. It is one of the leading corporate houses in India and is a major player in the Indian financial services sector. Shriram group focuses more on common people rather than on institutional clients. Shriram Group consist of a diversified portfolio of financial services including Commercial Vehicle Financing, Retail Financing, Enterprise Financing to small business, Housing Finance, Equipment Financing, Life Insurance, General Insurance, Retail Stock Broking, Distribution of Financial Products, and Wealth Advisory Services. In 2005, Shriram Life Insurance Company Limited was established. It offers a wide range of insurance distributed in Three main segments, Online Plans, Individual Plans, and Group Plans.
Shriram Life Insurance Company Limited has entered into a partnership with “Sanlam”, a leading financial services group and one of the largest insurers in South Africa, in life and non-life insurance ventures.
Shriram Life Insurance Company Limited has shown a strong growth pattern and track record, which have attracted a large number of private equity funds and partners.
Shriram Life Insurance Limited has a network of 529 branches and an advisor force of 4436 people.
Shriram Life Outstanding Shares: |
181839792 |
Face Value of Shriram Life Unlisted Share: |
Rs. 10 Per Equity Share |
ISIN of Shriram Life Unlisted Share: |
INE227H01016 |
Lot Size of Shriram Life Unlisted Share: |
100 Shares |
Shriram Life Share Price: |
Best in Industry |
PAN Number of Shriram Life: |
AAJCS1033P |
GST Number of Shriram Life: |
37AAACS7018R1ZS |
CIN of Shriram Life |
U66010TG2005PLC045616 |
Registration Date of Shriram Life |
15 March 2005 |
Category / Sub-Category of Shriram Life |
Company Limited by Shares |
Shriram Life Registered Office Address and contact details |
Plot No 31 & 32, 5th Floor, Ramky Selenium, Beside Andhra Bank Training Centre, Financial District, Gachibowli, Hyderabad-500032. Phone: +91 40 23009400 |
Shriram Life Registrar and Transfer Agent address |
Integrated Enterprises (India) Limited 5A,5th floor, Kences Towers,1 Ramakrishna Street, North Usman Road, T.Nagar, Chennai-600017 |
Mr. T S Krishnamurthy, Chairman
Mr. Casparus Jacobus Hendrik Kromhout, Managing Director & CEO
Mrs. Akhila Srinivasan, Director
Mr. Manoj Kumar Jain, Managing Director
Mr. S Lakshminarayanan, Director
Mr. Stephanus Philipus Mostert, Director
Mr. Gaurav Trehan, Director
Mr. R S Krishnan, Director
Mr. Duruvasan Ramachandra, Director
Mr. Daniel Hermanus Gryffenberg, Director
Mr. Umesh Govind Revanker, Director
Mr Sanjeev Mehra, Director
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Insurance (Life) |
6511 |
100% |
|
S.No. |
Name of the Company |
Holding/Subsidiary /Associate |
% of Shares Held |
|
1. |
Shriram Capital limited |
Holding |
74.56% |
|
S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoter Group |
13,56,31,224 |
75.20% |
|
2. |
Public Shareholding |
4,47,51,094 |
24.80% |
|
|
Total |
18,03,82,318 |
100.00% |
Q. What
is the face value of Shriram Life Insurance Company Ltd shares?
Answer: The face value of Shriram Life Insurance shares is ₹10 per
equity share.
Q. What
is the minimum lot size for buying Shriram Life Insurance shares through WWIPL?
Answer: The minimum lot size is generally 100 shares, subject to
market availability.
Q. Why
should I buy Shriram Life Insurance shares through WWIPL?
Answer: WWIPL offers transparent pricing, verified transfers, secure
settlements, and dedicated support throughout the investment journey.
Q. What
does Shriram Life Insurance Company Ltd do?
Answer: Shriram Life Insurance is a life insurance company that offers
protection, savings, retirement, child, and investment-linked insurance
products across India.
Q. Who
are the promoters of Shriram Life Insurance?
Answer: Shriram Life Insurance is a joint venture between the Shriram
Group and Sanlam Group, a South African financial services company.
Q. What
makes Shriram Life Insurance different from other insurers?
Answer: The company has a strong presence in semi-urban and rural India
and leverages the Shriram Group's extensive distribution network.
Q. Is
investing in Shriram Life Insurance a good idea?
Answer: Investors often evaluate Shriram Life Insurance based on India's
low insurance penetration and long-term growth potential in the life insurance
sector.
Q. What
are the key growth drivers for Shriram Life Insurance?
Answer: Increasing insurance awareness, rising incomes, digital
adoption, and expanding distribution channels can support future growth.
Q. What
factors influence the valuation of Shriram Life Insurance shares?
Answer: Premium growth, embedded value, persistency ratios,
profitability, distribution strength, and new business margins are key
valuation drivers.
Q. Is
Shriram Life Insurance a pure insurance business?
Answer: Yes. The company primarily operates in the life insurance
segment and is regulated by IRDAI.
Q. Why do
HNIs track Shriram Life Insurance shares closely?
Answer: Many investors view the company as a way to gain exposure to
India's underpenetrated life insurance market.
Q. What
are the risks of investing in Shriram Life Insurance shares?
Answer: Investors should consider regulatory changes, competitive
pressures, persistency risks, and liquidity constraints associated with
unlisted shares.
Q. What
should investors evaluate before investing in Shriram Life Insurance?
Answer: Investors should assess embedded value growth, premium growth,
profitability, distribution strength, and long-term industry prospects.
