8.35% NATIONAL INSURANCE COMPANY LIMITED 2027
Issuer's Type
PSU
About Issuer :
National Insurance Company Limited is India’s Oldest General Insurance Company. It was incorporated in Kolkata, West Bengal on December 5, 1906 to fulfil the nationalist aspiration for Swaraj. 66 years later, after passing of General Insurance Business Nationalisation Act in 1972, it was merged along with 21 foreign and 11 Indian companies to form National insurance Company Limited, one of the four subsidiaries of the General Insurance Corporation of India, fully owned by Govt. of India. Under the provisions of this Act, the shares of existing Indian general insurance companies and undertaking of other insurers were transferred to GIC for the regulation and control of insurance business.
Issuer's Link
https://nationalinsurance.nic.co.in/
Issuer's Financial Link
https://nationalinsurance.nic.co.in/en/about-us/business-performance
A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)
10,00,000.00
8.3500% (Fix)
27/Mar/2017
26/Mar/2027
3y 9m 21d
No
Simple
Annual
895.00
5
Yes
N.A.
N.A.
No
Unsecured
Name of Debenture Trustee
SBI CAP TRUSTEE CO.LTD
Remarks
Please Consider The Risk Before Investing.
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