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Care Health (Previously Religare Health) Insurance Company Limited logo
UNLISTED COMPANY PROFILE

CARE HEALTH (PREVIOUSLY RELIGARE HEALTH) INSURANCE COMPANY LIMITED

FINANCIALS LINE
INDICATIVE PRICE / SHARE
₹148
▼ 5.1% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2024

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹210
₹118
02 Apr 2408 Apr 2602 Sept 26

ALL-TIME LOW
₹118
ALL-TIME HIGH
₹210
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹12,957 Cr
Latest available company data
Min. investment
₹10,360
Indicative price × lot size
Lot size
70
P/E ratio
93.08
P/B ratio
5.53
EPS
1.59
ROE
7%
Book value
₹26.77
Face value
₹10
ISIN
INE119J01011
Company security identifier

About this company

Care Health Insurance Limited, formerly known as Religare Health Insurance Company Limited, is one of India's specialised standalone health insurers (SAHI). Incorporated in 2007 and headquartered in Gurugram with its registered office in New Delhi, the company commenced operations as a focused health insurance provider and was rebranded to "Care Health Insurance" in 2020 following a shift in ownership and identity. The company operates across a broad portfolio of health-focused products, including retail health indemnity plans, critical illness and fixed-benefit covers, top-up and super top-up policies, personal accident cover, travel insurance, and group health schemes for corporates and SME employers. It also services government-sponsored health insurance programmes. Distribution spans agency networks, brokers, bancassurance tie-ups, corporate agents, and a growing direct-to-customer digital channel, supported by a wide hospital network for cashless claims. In scale, Care Health is among the larger players in India's standalone health insurance segment, reporting gross direct premium of over ₹5,100 crore in a recent financial year alongside a healthy solvency position. Its product depth in retail health and consistent premium growth have positioned it as a recognised name in a structurally expanding insurance category driven by rising health-cover awareness and under-penetration in India. On the ownership front, Care Health is part of the Religare Enterprises group ecosystem, a connection that has historically anchored its parentage and brand lineage. Notably, the company drew attention as the vehicle through which prominent investor Rakesh Jhunjhunwala's family acquired a meaningful stake, adding to its profile in the unlisted space. Care Health draws interest in the unlisted market for several reasons: it is a pure-play health insurer in a fast-growing segment, it has a defined IPO trajectory frequently discussed by market observers, and its association with well-known promoter and investor names raises its visibility. Because its shares are not yet listed on the NSE or BSE, they change hands through private, off-market transactions, where indicative prices reflect dealer quotes and prevailing demand-supply conditions rather than an exchange-determined market price.

COMPANY AT A GLANCE
Sector lineFinancials
SettlementNSDL / CDSL
Incorporated2007
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U66000DL2007PLC161503
PAN
AADCR6281N
Incorporated
2007
Outstanding shares
~97.2 crore shares (97,20,43,704)
Registered office
5th Floor, 19, Chawla House, Nehru Place, South Delhi, New Delhi 110019
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY22FY23FY24FY25
REVENUE2,96,2004,52,5005,67,8006,72,400
PAT1,15024,58430,49015,518
EPS (₹)0332
PAT MARGIN0%5%5%2%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Dr. Rashmi Saluja
Non-Executive Chairperson
Anuj Gulati
Managing Director & CEO
Pankaj Gupta
Chief Finance Officer
Ajay Shah
Chief Marketing Officer
Manish Dodeja
Chief Risk Officer
Kartikeya Dhruv Kaji
Non-Executive Director
Sunish Sharma
Non-Executive Director
Asha Nair
Independent Director
Malay Kumar Sinha
Independent Director
COMPANY TIMELINE · EVENTS
Kartikeya Dhruv Kaji resigns as Non-Executive Director (May 2024)

Mr. Kartikeya Dhruv Kaji resigned as Non-Executive Director from the Board.

READ THE NOTICE →
Rishiraj Khajanchi appointed Additional Non-Executive Director (June 2024)

Mr. Rishiraj Khajanchi appointed as Additional Non-Executive Director on the Board.

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Dr Harsha Jauhari appointed Additional Non-Executive Independent Director (July 2024)

Dr. Harsha Jauhari appointed as Additional Non-Executive Independent Director on the Board.

READ THE NOTICE →
Nirmal Chand appointed Additional Non-Executive Independent Director (August 2024)

Mr. Nirmal Chand appointed as Additional Non-Executive Independent Director on the Board.

READ THE NOTICE →
THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Care Health (Previously Religare Health) Insurance Company Limited listed on the stock exchange?+

No. As of 2 September 2026, Care Health (Previously Religare Health) Insurance Company Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the Care Health (Previously Religare Health) Insurance Company Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Care Health (Previously Religare Health) Insurance Company Limited is ₹148 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Care Health (Previously Religare Health) Insurance Company Limited unlisted shares?+

The displayed unit count is 70 share(s); at the indicative price of about ₹148, the displayed amount is approximately ₹10,360. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Care Health (Previously Religare Health) Insurance Company Limited?+

The recorded ISIN of Care Health (Previously Religare Health) Insurance Company Limited is INE119J01011. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Care Health (Previously Religare Health) Insurance Company Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
FINANCIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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