Religare Health Insurance Unlisted Shares | Share Price, News, Valuation

Care (Religare) Health overview:

The company is a specialized Health Insurer offering health insurance services to employees of corporates, individual customers and for financial inclusion as well.

The company 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, which has an impact on the Religare health insurance share price.

Under International Travel Insurance, the company delivers customized coverage for travelers visiting overseas destinations with an aim to protect them from medical and non-medical expenses during an emergency.

Some of the products of the company are as under:

Product Name	Product short description
Care	The care product is the flagship product of the company that provides a range of optional benefits.
Care Freedom	A health insurance plan for senior citizen and individuals with pre-existing medical conditions.
Enhance	Enhance is a health insurance plan for high sum insured and popular among those who want to top up and take higher medical insurance.
Joy	The product aims at maternity health-related expense and also covers all other hospitalization during the tenure of the policy.
Care heart	The care heart product is designed for someone with pre-existing heart disease.
Student explore	An insurance plan targeted at students studying abroad to cover their hospitalization as well as an outpatient treatment.

The company has won the following awards:

Editor’s Choice Award by Finnoviti for ‘Innovation in Product– Care’ in 2013.
‘Rising Star Insurer’ by Indian Insurance Awards in 201
‘A’ Rate Health Insurance by Mint Mediclaim Ratings in 2014.
‘Best Health Insurance Company’ by ABP News BFSI in 2015.
‘Best Social Media Initiative Of The Year’ by Fintelekt in 2016.
‘India’s Most Preferred Travel Insurance’ by IMP Travel Brand Awards in 2018.
‘Best Claim Service Provider of the Year’ by Insurance India Summit & Awards in 2018.
‘Micro Insurance Award 2018 by Skoch Awards in 2018.
‘India’s Most Preferred Travel Insurance Product’ by UBM Group in 2018.
‘Best Travel Insurance’ Award in 2018 at 5th edition of ‘The India Travel Awards’.
‘Health Insurance Products Award’ at The FICCI Healthcare Excellence Awards 2019.

Board of directors of the company:

Name	Designation
Mr Anuj Gulati	Managing Director & CEO
Mr Sham Lal Mohan	Non- Executive Independent Director
Ms Hiroo Mirchandani	Non- Executive Independent Director
Mr Sanjay Sharma	Bank Nominee Director
Mr Malay Kumar	Non- Executive Independent Director
Mrs Asha Nair	Non- Executive Independent Director
Mr Siddharth Dinesh Mehta	Additional Non-Executive Director

Past performance of the company:

(All figures INR in Lakhs except specifically mentioned)

Particulars	2014-15	2015-16	2016-17	2017-18	2018-19
Total Income	16,638.00	31,244.00	51,717.00	72,343.00	116,518.00
Operating Profit/ (Loss)	(10,469.00)	(8,475.00)	(525.00)	(2,255.00)	6,170.00
Profit/ (Loss) before Tax (PBT)	(9,925.00)	(7,884.00)	215.00	(1,625.00)	5,692.00
Profit/ (Loss) after Tax (PAT)	(9,926.00)	(7,884.00)	215.00	(1,625.00)	5,692.00
Net worth	12,481.00	17,104.00	22,287.00	27,605.00	48,967.00
Earning per share (EPS)	(3.45)	(2.00)	0.04	(0.30)	0.87
Book Value Per Share	3.57	3.60	4.25	4.64	6.39

Shareholding pattern as on 31.03.2019

Category of shareholders	No. of Shares	Holding (in %)
Promoter	66,87,71,801	97.10
Others	1,97,78,087	2.90
Total outstanding shares	68,85,49,888	100.00

Annual Reports for the last 2 years are as under:

Religare-annual-report-2019.pdf

Annual-report-2018-1.pdf

Care (Religare) Health Insurance Limited Unlisted Shares:

Particulars	Narration
Total available shares	5,000 Equity shares
Face value	₹ 10 per Equity Share
ISIN	INE119J01011
Lot Size	1,000 Equity shares
Current Unlisted Share Price	₹ Best in Industry per Equity Share
PAN number	AADCR6281N
Registered office	5th Floor, 19, Chawla House, Nehru Place, New Delhi-110019

Unlisteddeal review:

The company’s growth rate is significant and has clocked 7x income in a span of 5 years.
The company has turned profitable for FY 2018-19.
There is immense scope of further growth in the sector. PE investors have recently invested in the company. The company has concluded the right issue in 2019-20 at par, impacting the Religare Health Insurance Share Value
The company has the potential to give decent CAGR returns to the esteemed Religare Health Insurance Shareholders of the company.

News:

Frequently Asked Questions (FAQs) on Care (Religare) Health Insurance Limited unlisted shares:

1. How to buy Religare Health Insurance Company Limited unlisted shares?

Step by Step process to buy Care (Religare) unlisted shares as per the price now is as under:

Step 1: A deal is proposed between unlisteddeal and buyer either on WhatsApp or over email.

Step 2: Buyer provides their client master copy for transfer of shares, PAN card copy, Aadhar card copy and cancelled cheque. The deal gets confirmed once documents provided are in order.

Step 3: Buyer transfers deal amount to bank account details provided by us and provide us with remitter name, bank account number, bank name and UTR no. for the amount transferred to us.

Step 4:We shall transfer shares to buyer account on the same day of receipt of funds and raise contract note.

See the Infographic flow to buy the shares

2. How to sell Religare Health Insurance Company Limited unlisted shares?

Step by step process to sell Care (Religare) Health Insurance Limited unlisted shares is as under:

Step 1: A deal is proposed between unlisteddeal and seller either on WhatsApp or over email.

Step 2: Seller provides their client master copy, PAN card copy, Aadhar card copy, delivery instruction slip (DIS) copy and cancelled cheque copy. The deal gets confirmed once documents provided are in order.

Step 3: Seller transfer shares to details provided to them by us.

Step 4: We shall make payment to the seller on the same day of receipt of shares.

See the Infographic flow to sell the shares