Care Health Unlisted Shares
Care Health Insurance Ltd. (Religare)
INE119J01011
Incorporation Date: 02-Apr-2007
Listing Status: DRHP Not Filed
About Care Health Unlisted Shares
Overview of Care Health Unlisted Shares
Care Health Insurance Limited
Care Health Insurance Limited, formerly known as Religare Health Insurance, is a specialized standalone health insurance company established in 2007. The company focuses on providing health and wellness protection solutions across retail, corporate, SME and rural segments. Its business combines health insurance products with technology-enabled customer servicing, claims management, wellness services and a broad healthcare-provider network.
🏢 Introduction & Infrastructure
Established: 2007, with its corporate headquarters in Gurugram, Haryana.
Business Focus: Standalone health insurance with a strong focus on retail and health-focused protection products.
Distribution Network: 274 branches and presence across 1,460+ locations.
Healthcare Network: More than 22,000 hospital and healthcare-provider tie-ups.
Technology Infrastructure: Digital platforms support policy purchase, servicing, claims, renewals, health consultations and customer engagement.
Claims Infrastructure: Dedicated claims-processing and healthcare-provider network supporting both cashless and reimbursement claims.
Rural Reach: Products and distribution initiatives designed to extend health-insurance coverage into rural and underserved markets.
⚙️ Business Model & Operational Verticals
Care Health Insurance follows a multi-channel health-insurance model, combining product development, insurance distribution, claims management, healthcare-provider partnerships and technology-enabled servicing.
1. Retail Health Insurance — Core Business
Individual health insurance
Family floater plans
Senior citizen health insurance
Comprehensive hospitalization coverage
Top-up and super top-up solutions
2. Specialized Health Products
Critical illness insurance
Personal accident insurance
Maternity coverage
International travel insurance
Disease-specific and specialized health covers
3. Group & Corporate Insurance
Group health insurance
Group personal accident insurance
Employee health-benefit solutions
Customized corporate healthcare coverage
Preventive health and wellness programs
4. Government & Rural Insurance
Micro-insurance products
Rural-focused health solutions
Government-sponsored health-insurance schemes
Products designed for financially underserved communities
5. Wellness & Healthcare Services
Preventive health check-ups
Health-risk assessments
Doctor consultations
Wellness programs
Digital health services
Healthcare and diagnostic support
👥 Management Structure
Care Health Insurance is led by a professional management team with experience across insurance, healthcare, financial services, risk management and technology.
Anuj Gulati — Managing Director & Chief Executive Officer
Supported by senior professionals across underwriting, claims, distribution, actuarial, technology, healthcare services, risk management and customer experience.
The company operates with a board comprising executive, non-executive and independent directors.
📦 Key Product & Program Portfolio
| Product / Segment | Key Offering |
|---|---|
| Retail Health Insurance | Individual and family health coverage |
| Senior Citizen Insurance | Health protection for senior citizens |
| Top-Up & Super Top-Up | Additional health-insurance protection |
| Critical Illness | Coverage for specified critical illnesses |
| Personal Accident | Accident-related protection |
| Maternity Insurance | Maternity and related healthcare coverage |
| International Travel | Medical and travel-related protection overseas |
| Group Health Insurance | Employee and corporate healthcare coverage |
| Group Personal Accident | Accident protection for employees |
| Micro Insurance | Affordable insurance solutions for underserved segments |
| Wellness Services | Health check-ups, consultations and preventive-care programs |
🏥 Healthcare & Claims Ecosystem
Extensive network of 22,000+ hospitals and healthcare providers.
Cashless healthcare services through empanelled hospitals.
Dedicated claims administration and customer-support infrastructure.
Digital facilities for policy servicing, claims tracking, renewals and health services.
Wellness and preventive-health initiatives integrated into the insurance proposition.
Technology-enabled claims and customer-service processes designed to improve accessibility and turnaround time.
🌐 Distribution & Customer Ecosystem
Care Health Insurance uses a multi-channel distribution model comprising:
Individual agents
Corporate agents
Insurance brokers
Bancassurance partners
Online and digital channels
Corporate and SME relationships
The company primarily serves retail customers, families, senior citizens, corporates, SMEs and rural/underserved customer segments.
⭐ Key Business Highlights
Established standalone health-insurance platform with nearly two decades of operating history.
Strong focus on retail health insurance alongside corporate and specialized products.
274 branches and presence across 1,460+ locations.
Healthcare network of 22,000+ hospitals and healthcare providers.
Broad portfolio covering health, critical illness, personal accident, maternity, travel and group insurance.
Combination of insurance, healthcare services and wellness solutions.
Technology-led approach to customer servicing, claims management and policy administration.
Focus on expanding health-insurance access across retail, SME, corporate, rural and underserved segments.
Insights of Care Health Unlisted Shares
Financial Overview
(₹ in crores)
Care Health IPO Plans
· Religare Enterprises initiates the IPO process for its health insurance subsidiary, Care Health Insurance.
· It could raise anywhere between 1500-2000 crore from the IPO, which could see about 15-20% of equity dilution.
· Funds raised are likely to be used towards enhancing solvency and providing growth capital to the Health insurer.
Recent Updates :
Care Health Insurance Limited has convened an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for granting stock options (ESOPs) to its Managing Director & CEO, Mr. Anuj Gulati, as part of his variable, non-cash remuneration. Shareholders are being asked to approve two special resolutions to grant up to 5,63,290 options each under the Care Health Insurance – CSAR Stock Option Plan for FY 2024-25 and FY 2025-26, respectively. These ESOP grants are in addition to fixed and cash variable pay, have already been approved by the Nomination & Remuneration Committee and the Board, and are subject to IRDAI and shareholder approval as required under insurance and corporate governance regulations.
Financial Charts of Care Health Unlisted Shares
Balance Sheet of Care Health Unlisted Shares
Profit and Loss of Care Health Unlisted Shares
Ancillary of Care Health Unlisted Shares
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Care Health Unlisted Shares
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How to buy Care Health Insurance Ltd. (Religare)?
Below are three ways through which you can purchase Care Health Insurance Ltd. (Religare):
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Care Health Insurance Ltd. (Religare), please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Care Health Insurance Ltd. (Religare)?
Below are three ways through which you can sell Care Health Insurance Ltd. (Religare):
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Care Health Insurance Ltd. (Religare), please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Care Health Insurance Ltd. (Religare)?
We provide a two way quote on all the shares we deal in. Your buy price for Care Health Insurance Ltd. (Religare) is ₹160 and your sell price for Care Health Insurance Ltd. (Religare) is ₹125. The price is based on our estimates and market conditions.
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What is the lock-in period of Care Health Insurance Ltd. (Religare)?
The lock-in period for Care Health Insurance Ltd. (Religare) varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Care Health Insurance Ltd. (Religare)
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Care Health Insurance Ltd. (Religare)
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Care Health Insurance Ltd. (Religare) price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Care Health Insurance Ltd. (Religare). The price is also determined from the most recent funding round for Care Health Insurance Ltd. (Religare). This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Care Health Insurance Ltd. (Religare)?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Care Health Insurance Ltd. (Religare) with us kindly click here.
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What are the financials of Care Health Insurance Ltd. (Religare)?
The financials of Care Health Insurance Ltd. (Religare) which includes the P/L of Care Health Insurance Ltd. (Religare) and the Balance Sheet of Care Health Insurance Ltd. (Religare) is in the financials section (Click on link).
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Where can I find the annual report of Care Health Insurance Ltd. (Religare)?
The annual report of Care Health Insurance Ltd. (Religare) is available in the annual report section (Click on link).
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Is buying Care Health Insurance Ltd. (Religare) legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Care Health Insurance Ltd. (Religare)?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Care Health Insurance Ltd. (Religare) and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Care Health Insurance Ltd. (Religare) once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Care Health Insurance Ltd. (Religare)?
At Altius Investech, our approach to sourcing Care Health Insurance Ltd. (Religare) unlisted shares involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Care Health Insurance Ltd. (Religare) unlisted shares. This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Care Health Insurance Ltd. (Religare) from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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Annual Report of Care Health Unlisted Shares
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