HDFC ERGO General Insurance Company is a public unlisted Indian insurer, operating in the non-life insurance sector. (InstaFinancials) Incorporated in December 2007, the company is a joint venture: HDFC Ltd holds a majority 51% stake, while ERGO International AG owns the remaining 49%. (Unlisted Zone) Over the years, HDFC ERGO has grown its business footprint considerably, offering a diverse range of insurance products such as motor, health, home, fire, marine, liability, crop, and more. (Unlisted Zone)
As for its financials, the company has a paid-up capital of about ?725.83 crore. (InstaFinancials) According to its latest annual reports, it maintains substantial investments, including in unlisted equities. (HDFC ERGO Insurance) On its balance sheet, share capital and reserves form a key solid foundation, which supports its underwriting capacity and long-term solvency. (Wealth Wisdom) Its ISIN for the unlisted equity shares is INE392I01016, confirming that these shares are not publicly traded on stock exchanges. (Moner)
Regarding its unlisted shares, platforms such as UnlistedZone report that these shares are tradable, but come with typical risks associated with non-public securities. (Unlisted Zone) For instance, the platform mentions a lock-in period of six months, which means shares acquired in pre-IPO or private transactions cannot be sold immediately. (Unlisted Zone) There is also limited liquidity and fewer market participants, making pricing more opaque. While there are historical data points (such as a past transaction where HDFC sold a 0.62% stake at ?562 per share), these do not guarantee current valuations. (Unlisted Zone) Consequently, investing in HDFC ERGO’s unlisted shares demands careful due diligence, a long-term outlook, and comfort with lower liquidity.
Q:1 How do I confirm my booking for HDFC Ergo General Insurance Limited Unlisted Shares?Answer: You can confirm your booking by contacting us and providing the trading price for the shares you wish to purchase.
Q:2 What documents do I need to provide for purchasing HDFC Ergo General Insurance Limited Unlisted Shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque if you are not transferring funds from the bank account mentioned in your CMR Copy.
Q:3 Where can I find my client master report?
Answer: You can ask your broker for a copy of your client master report if you do not have one available.
Q:4 What payment methods are accepted for purchasing HDFC Ergo General Insurance Limited Unlisted Shares?Answer: Payments must be made via RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.
Q:5 Can I transfer funds from any bank account for my share purchase?Answer: No, the payment must be made from the same account where the shares will be credited, as per the KYC regulations.
Q:6 How will I receive the bank details for the fund transfer?
Answer: We will provide you with the necessary bank details once your booking is confirmed.
Q:7 Is it mandatory to provide KYC documents for purchasing shares?
Answer: Yes, KYC documents are required as per SEBI regulations to ensure compliance during the purchase of shares.
Q:8 Can I use cash to pay for the shares?
Answer: No, cash deposits are not allowed; payment must be done using the specified electronic methods or cheque transfer.