Indusind General Insurance Company Limited

Indusind General Insurance Company Limited is an Indian company in the BFSI industry (formerly Reliance General Insurance Company LTD. and Reliance General Insurance Ltd) with 3 outstanding bonds (ISINs) recorded on this page. Its fixed-rate bonds carry a stated coupon of 10.99% a year. Maturity dates run from 26 Sep 2035 to 22 Oct 2036. NSDL records 0 of the 3 whose terms it holds as secured. Latest credit ratings on record: CARE A+ (Stable) (action dated 25 Sep 2026); Acuite A+ (Stable) (action dated 17 Sep 2026). Verify current terms against the official documents linked on this page.

Data as of 15 Nov 2026 (snapshot 20261115-2253) · How this page is compiled

Issuer overview

Legal name
INDUSIND GENERAL INSURANCE COMPANY LIMITED
Formerly
Reliance General Insurance Company LTD.; Reliance General Insurance Ltd
CIN
U66603MH2000PLC128300
LEI
335800J89TRUNIJW9B71
Company status
Active
Industry
BFSI
Business
General Insurance
Ownership
Non PSU
ISIN issuer code
INE124D
Outstanding bonds (ISINs)
3
Stated coupons (fixed rate)
10.99%
Maturity dates
26 Sep 2035 – 22 Oct 2036
Secured (NSDL)
0 of 3
Combined issue size of outstanding bonds
₹730 crore
Traded on
BSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Indusind General Insurance Company bonds: ISIN, coupon and maturity

3 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE124D08027 NCD 10.99% Yearly 26 Sep 2025 26 Sep 2035 ₹1,00,000 400 Unsecured None recorded BSE CARE A+ 25 Sep 2026
INE124D08035 NCD 10.99% Yearly 30 Mar 2026 30 Mar 2036 ₹1,00,000 200 Unsecured None recorded — CARE A+ 25 Sep 2026
INE124D08043 Subordinated NCD (Tier II) 10.99% Yearly 22 Oct 2026 22 Oct 2036 ₹1,00,000 130 Unsecured None recorded — CARE A+ 25 Sep 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Indusind General Insurance Company credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CARE A+ Stable Reaffirm 25 Sep 2026 3 Verified by NSDL · Checked 4 Nov 2026
Acuite A+ Stable Reaffirm 17 Sep 2026 1 Checked 4 Nov 2026
Rating history
Date Agency Rating Outlook Action
25 Sep 2026 CARE A+ Stable Reaffirm
17 Sep 2026 Acuite A+ Stable Reaffirm
17 Mar 2026 CARE A+ Stable Reaffirm
17 Sep 2025 Acuite A+ Stable New
11 Sep 2025 CARE A+ Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CARE, Acuite

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
22 Oct 2026 INE124D08043 22 Oct 2036 Placement memorandum on BSE
30 Mar 2026 INE124D08035 30 Mar 2036 Placement memorandum on BSE
26 Sep 2025 INE124D08027 26 Sep 2035 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Date of incorporation
17 Aug 2000
Category
Indusind General Insurance Company Limited (IGICL), as per its credit rating report, is a subsidiary of Reliance Capital Ltd (RCL). It offers a diverse range of insurance products, including fire, marine, health, personal accident, liability, and motor insurance. The company had a network of 128 branches. It owns and operates an online application under the name 'IndusInd Insurance'. It is an ISO certified company. The company was incorporated in 2000 and has its registered office located in Mumbai, Maharashtra.
Class
https://www.reliancegeneral.co.in/
Listed / unlisted
Unlisted
Registered office
6th Floor, Oberoi Commerz-1, International Business Park, Oberoi Garden City, Goregaon East Mumbai, 400063
State
Maharashtra
Registrar of Companies
Mumbai
Authorised capital
30000000000
Paid-up capital
2768500000
Last AGM
12 Sep 2025

Indusind General Insurance Company bonds: questions and answers

What bonds has Indusind General Insurance Company Limited issued?

Indusind General Insurance Company Limited has 3 outstanding bonds recorded on this page. By type, as described by NSDL: 2 NCDs, 1 subordinated NCD (tier ii).

What are the ISINs of Indusind General Insurance Company Limited bonds?

Its 3 outstanding bonds each have their own ISIN, for example INE124D08027, INE124D08035, INE124D08043. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE124D.

What coupon rates do Indusind General Insurance Company Limited bonds pay?

Its fixed-rate outstanding bonds carry a stated coupon of 10.99% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Indusind General Insurance Company Limited bonds mature?

Its outstanding bonds have maturity dates from 26 Sep 2035 to 22 Oct 2036. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Indusind General Insurance Company Limited bonds?

NSDL India Bond Info records CARE A+ (Stable) (action dated 25 Sep 2026); Acuite A+ (Stable) (action dated 17 Sep 2026) on its outstanding bonds. Checked on NSDL on 4 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Indusind General Insurance Company Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 3 outstanding bonds whose terms it holds as secured and 3 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is Indusind General Insurance Company Limited the same company as Reliance General Insurance Company LTD.?

Yes. Indusind General Insurance Company Limited was formerly known as Reliance General Insurance Company LTD. and Reliance General Insurance Ltd; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U66603MH2000PLC128300.

Where can investors find the original disclosure documents for Indusind General Insurance Company Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Indusind General Insurance Company Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 31 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

Advertisement
Bond Interpretation
Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

Popular Categories