Pnb Metlife Unlisted shares Price I Planify

PNB METLIFE

₹70.00
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ROFR Required
Yes

Available in Depository:
NSDL
CDSL

Available for Investment:
Primary
Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

Investment Checklist

Management

Accounting Practice

Profitability

Solvency

Growth

Valuation

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

Pnb Metlife Unlisted Shares Essentials
Share

Discover and get a complete analysis on Pnb Metlife Pre IPO - Management, Business Model, Financials, Growth, Valuations, Funding Rounds, News and get latest updates on Pnb Metlife Financial Statements.

ISIN

INE207O01014

Face Value

₹10.00

Total Share

2,01,28,84,283

Total Income

₹9,619.52 Cr

Profit After Tax

₹101.10 Cr

EPS

₹0.50

P/E

140.00

P/B

6.99

Market Capitalisation

₹14,090.19 Cr

Enterprise Value

₹13,886.98 Cr

Book Value

₹10.01

Intrinsic Value

₹41.52

Earnings Yield

0.71 %

Sector

Financials

Sub-sector

Insurance

Pnb Metlife Growth

About Pnb Metlife

PNB Metlife is the one of leading life insurance provider with plans ranging into family protection ,retirement and child protection plans.
It has established international financial institutions such as PNB, American Express Banking Corp , Bank of Bahrain & Kuwait B.S.C, ShinHan Bank and regional banks such as Karnatka Bank,Dakshin Bihar Gramin Bank, Sarva Haryana Gramin bank as some of their distributors
The company has a higher penetration in Karnataka ,Maharashtra Uttar Pradesh ,Punjab and Delhi with premium collected worth Rs. 665 crore with total sum assured amount of Rs. 20,139 crores during the year.
The brand ambassador of PNB MetLife is PV Sindhu, Indian ace badminton shuttler (Silver Medalist,Olympic Games)
PNB MetLife India Insurance Company Limited was incorporated in Bengaluru on April 11, 2001. It is joint venture between Punjab National Bank(India) and MetLife International Holding LLC (USA).

Pnb Metlife IPO Details

In July 2018, company filed DRHP with SEBI for listing. They were offering 495,898,076 Equity Shares of face value of ₹ 10 each.
In May 2019, CEO of PNB MetLife told that company is waiting for their banks to tell the right time in terms of market conditions for the IPO. They were deciding to dilute around 25% stake in the process.
According to company's statement in 2019, they were planning to get listed in FY20-21. But as of now there is no information regarding the same.

Pnb Metlife Merger & Acquisition

Acquisition

Metlife International Holdings LLC entered into an agreement to acquire an additional 15.27% stake in PNB metlife from Elpro International Limited and IGE Pvt Ltd on October 4, 2021. Post completion Metlife International Holdings LLC will hold 47.325% stake of PNB Metlife.
Oman India Joint Investment Fund managed by Oman-India Joint Investment Fund Management Company completed the acquisition of 2% stake in PNB Metlife India Insurance Company Limited from The Jammu and Kashmir Bank Limited for INR 1.9 billion on Mar 29, 2019. Oman India Joint Investment Fund has acquired 41.1 million share of PNB Metlife.
An undisclosed buyer completed the acquisition of 1.33% stake in PNB Metlife India Insurance Company Limited from Elpro International Limited for INR 1.3 billion, on August 17, 2018.
PNB agreed to acquire 30% stake in PnB Metlife on Sep 5, 2012 from the shareholders of Metlife India. On Jan 4, 2013 transaction was approved by IRDA.

Pnb Metlife Revenue Segmentation

Premium
Income from investments

Other Income

Pnb Metlife Product & Services

Family Protection plans

PNB MetLife Mera Term Plan
Mera Mediclaim PlanProtection plans
PNB MetLife Mera Jeevan Suraksha Plan
PNB MetLife Aajeevan Suraksha
Long term service plans
PNB MetLife Smart Platinum Plus
PNB MetLife Smart Platinum
PNB MetLife Guaranteed Future Plan
PNB MetLife Mera Wealth Plan

Child plans:

PNB MetLife Guaranteed Future Plan
PNB MetLife Super Saver Plan
PNB MetLife Guaranteed Income Plan
PNB MetLife Guaranteed Savings Plan

Retirement plans:

PNB MetLife Guaranteed Future Plan
MetLife Retirement Savings Plan
PNB MetLife Immediate Annuity Plan
PNB MetLife Super Saver Plan

Pnb Metlife Assets

Company owns computer software of worth 150.96 Cr.
Company owns Building of 24.43 Cr.
Company owns vehicles and office equipment of worth around 14.04 Cr.
Company owns IT equipment of worth 100.55 Cr.

Pnb Metlife Industry Overview

Industry Statistics

The insurance industry is critical for any country’s economic development. A well-developed insurance sector boosts risk-taking in the economy, as it provides some security in the event of an unforeseen, loss-causing incident.
In India, the life insurance industry has grown rapidly in the past two decades. Rising household savings and income levels, growing awareness, tax benefits, product innovation and customization have contributed to this growth.
There are currently 57 insurance companies in India, of which 46 are from the private sector. There are 24 life insurance and 33 non-life insurance companies in India.
In FY 2020-21, the life insurance in India continued to be one of the fastest-growing segments with gross total premium reaching Rs. 6.1 Trillion, growing at 11% CAGR during FY 2016-21.
The life insurance market in India was valued at INR 4,185 Bn in FY 2017 and is likely to expand at a compound annual growth rate (CAGR) of 11.6% during FY 2018 to FY 2023.
FY21 saw surge in demand for guaranteed products as interest rates declined and for protection business as market volatility impacted linked business.
This fiscal, amid the COVID-19 pandemic, the new business premium (NBP) witnessed a temporary slump as the cash position of people has been unstable. Despite this, the inclination of people to avoid unforeseen risks amid COVID-19 and increasing penetration of the products in the online market caused NBP to grow 7% to Rs. 2.78 Trillion in FY 2020-21 compared with Rs. 2.58 Trillion in FY 2019-20. This growth was significantly lower than the 21% growth in FY 2019-20.

Future Prospects

With increasing internet and mobile penetration, digitization of life insurance products and development into a web-based/app-based models is likely to play a greater role in driving scalability and reducing costs.
India has one of the world’s largest youth population with nearly 53% below the age of 29 and 90% below 60 years. This is a huge pool of working age people who will potentially insure themselves to protect their families.
As per CRISIL, during FY 2022-26, the industry’s total premium is likely to grow at a CAGR of 12-14% and NBP at 15-17%.

Government Initiatives

As per company the Union Budget 2021-22’s proposal to increase the FDI limit in Indian insurance companies from 49% to 74% is likely to attract foreign investment. This will aid insurance penetration by facilitating funds for companies to expand and lead to more choices for consumers.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a universal social security system, especially for the poor and the under-privileged, It is a one-year renewable life insurance scheme. Offering a cover of Rs. 0.2 Million at a nominal premium of Rs.330 per annum per member, it is seeing increased acceptance and driving penetration.
The Government has raised its healthcare budget by 10% for FY 2020-21 to Rs.690 Billion and intends to increase its healthcare spending to 2.5% of GDP by 2025 under the National Health Policy 2017. This is likely to boost health coverage in the coming years.

Pnb Metlife Awards & Achievements

Best Brands 2020 for the second year in a row by The Economic Times.
Virtue Funds ranked among top 10 by globally renowned fund rating organization.
HR Excellence Awards 2020 – Certificate of Recognition for leading practices in Health & Well-Being and Diversity & Inclusion by People First.
Data Driven Marketing – Gold at the 9th Global Customer Engagement Awards 2020, by ACEF and Bronzeat Indian Digital Marketing Awards 2020, by Exchange4Media.
Initiative of the Year for 2020 by Indian Legal Awards

Pnb Metlife Strengths

PNB MetLife is one of the Top 6 life insurance companies of India
Strong brand name with diversified products and services and providing almost all kind of Life insurance plans with 11,000 and strong rural presence
Strong parentage, built on MetLife’s global expertise and PNB’s vast distribution network in India. Multi-channel distribution structure with over 37% of business coming from non-banking channels.
Company have tie-ups with 10 Insurance Marketing Firm (IMF) and 73 brokers as of 31st March 2021 which is further helping us reinforce our distribution network.
Claim and settlement are super easy because of personal assistance and non-involvement of third party.
Their total Premium increased by 10% and total NBP increased by 12% in FY 2020-21 compared to FY 2019-20.
Company try its best to support their employees, they launched digital platform to strengthen governance viz. the compliance management system and the litigtion management system which ease the work and helped them work digitally. Even Launch of Business Continuity Management system also helped employees to deliver their commitments.

Pnb Metlife Shortcomings

Available solvency margin to Required solvency margin of PNB Metlife Life, which is metric of solvency for insurance companies has not shown any improvement over the last 4 years, currently at 189% which is below from the level of 211% in FY 2016.
Expense of Management to Gross Direct Premium ratio of PNB MetLife is at 22% ,which is higher than industry average of 15%

Pnb Metlife Opportunities

The healthcare industry is evolving with technology advancements which ensures faster and reliable services. This is likely to enhance reach and quality of healthcare delivery systems and improve efficiency of healthcare delivery providers with better resource planning and patient record maintenance.
In the coming years, the advent of 5G, smartphone penetration and increasing health awareness is likely to enhance digital healthcare penetration and improve mortality rate.

Pnb Metlife Threats

While the Indian economy is gradually recovering from the second wave of COVID-19, consumers continue to face challenges of unemployment and income loss, impacting their appetite to buy life insurance and annuity products.
Social distancing and government restrictions have impacted new business applications and underwriting of life insurers as such activities were highly dependent on in-person contact.
Rural participation of insurers remains deficient, and life insurers, especially private ones, gravitate towards the urban population.

Pnb Metlife Rating

RECOMMENDATION

Neutral

Pnb Metlife Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

last Updated

25/11/2021

Registered Date

11/04/2001

Planify Ticker

PNBMET

Reg Office: Unit No. 701, 702 & 703, 7th Floor, West Wing Raheja Towers, 26/27 M G Road, Bangalore - 560001, Karnataka

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Frequently Ask Questions

In July 2018, Pnb Metlife filed DRHP with SEBI for listing. They were offering 495,898,076 Equity Shares of face value of ₹ 10 each. But they were waiting for the right market sentiments. According to the company's statement in 2019, they were planning to get listed in FY20-21. But as of now there is no information regarding the same.

The face value of the Pnb Metlife is Rs. 10

Yes, Pnb Metlife is expected to generate good profit in future, even after pandemic people are more aware about insurance, this may affect business of the Pnb Metlife positively.

Major shareholders of the Pnb Metlife are MetLife International Holdings, LLC, PNB and M.Pallonji & Company Pvt Ltd.

Kishore Ponnavolu is chairman and director of PNB Metlife.

PNB MetLife is one of the Top 6 life insurance companies of India. It also has strong parentage, built on MetLife’s global expertise and PNB’s vast distribution network in India. Multi-channel distribution structure with over 37% of business coming from non-banking channels.

The minimum holding period after the Pnb Metlife has been listed is 6 months.

Total profit of the Pnb Metlife is Rs.101 crores.

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.

• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.

• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.

• 3. We will provide the bank details.

• 4. You need to transfer funds in that account.

• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.

• 6. Payment has to be done from the same account in which shares are to be credited.

• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.

• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.

• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.

• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..

• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.

• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.

• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.

• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.

• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.

• a. ISIN number of stock_name_auto Unlisted Shares.

• b. Name of stock_name_auto Unlisted Shares

• c. Quantity of stock_name_auto Unlisted Shares

• d. Cosideration Amount

• e. Target DP ID and Client ID

• f. Annexure

2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. Generally via our Planify platform, if somebody wants to buy Unlisted Shares then minimum investment would be 35-50k.To know about the minimum lot size of stock_name_auto, kindly click on this hyperlink - stock_name_auto.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of stock_name_auto Unlisted Shares Instantly?

• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.

• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.

• Demat Account = DP ID + Client ID. (16 Characters )

• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.

• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.

• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.

• Example:

• CDSL = 12345678(DP ID) and 91234567(Client ID).

• NSDL = IN123456 (DP ID) and 78912345(Client ID).

• Check in brokers application?

• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

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We at Planify do the valuation based on 2 methods.

• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.

• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

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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 stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.