PNB MetLife India Insurance Company Ltd
- Unlisted share
- Insurance
At a glance
Income
FY26
₹640 Cr
+2.2%on FY25What the company earned in the year, before its costs.
Profit
FY26
₹320 Cr
−1.7%on FY25What was left after every cost and tax was paid.
Net worth
FY26
₹2,671 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- PNB MetLife India Insurance Company Ltd
- ISIN
- Not available
- Sector
- Insurance
- Type of share
- Unlisted equity share
- Indicative price per share
- On request
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About PNB MetLife India Insurance Company Ltd
PNB MetLife is a life insurer selling protection, savings, child-education, retirement and group plans, largely through bank partners led by Punjab National Bank, alongside its own agents. It has been in business since 2001 (IRDAI registration no. 117) and collected about ₹13,047 crore of premium in FY2025-26. The US insurer MetLife, through MetLife International Holdings LLC, owns just under half and Punjab National Bank 30%; companies of the M. Pallonji group and Jammu & Kashmir Bank hold most of the rest.
Written from: pnbmetlife.com, pnbmetlife.com, newsite.pnbmetlife.com
Listing status. Equity shares are not listed (the CIN is an unlisted-company number); only the subordinated debentures are listed, on the debt segment of NSE. PNB MetLife annual report 2025-26
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Insurance
- ISIN
- Not available
- Parent / promoter
- MetLife International Holdings LLC (49.73%) and Punjab National Bank (30.00%)
- Key people
- Chairman: Lyndon Oliver; Managing Director & CEO: Sameer Bansal; CFO: Nilesh J Kothari
- Employees
- 26,541 people
- Face value per share
- ₹10
- Equity shares outstanding
- 2,04,94,69,646 shares
- Website
- pnbmetlife.com
Read from: PNB MetLife IRDAI public disclosures for the year ended 31 March 2026, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Return on equitycalculated
12%
For every ₹100 of the owners' money, the company made ₹12 of profit in the year.
Debt to equitycalculated
0.15×
The company has borrowed ₹0.15 for every ₹1 of its owners' money.
- Indicative price
- On request
- No. of shares
- 2,04,94,69,646
- EPS
- ₹1.57
- Book value per share
- ₹13.03
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
PNB MetLife India Insurance Company Limited. As published in the company's audited reports. GrowFast has not audited them.
Income, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY26: ₹242 Cr to ₹640 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹112 Cr to ₹320 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Gross premium income | 8,785.21 | 9,732.28 | 11,752.39 | 13,047▲11% |
| Total income under shareholders' account | 242.27 | 384.99 | 626.76 | 640.24▲2% |
| Profit before tax | 123.08 | 289.18 | 325.35 | 319.92▼2% |
| Profit after tax | 112.19 | 275.66 | 325.35 | 319.92▼2% |
| Earnings per share (basic) (₹) | 0.56 | 1.37 | 1.62 | 1.57▼3% |
Rupees crore unless marked, standalone. The change shown is the latest year against the year before. Read from: PNB MetLife annual report 2025-26.
Credit rating. CRISIL AA+/Stable and ICRA AA+/Stable on the ₹400 crore subordinated debentures (8.12% PNB MetLife 2032); reaffirmed during FY2025-26 (FY2025-26) PNB MetLife annual report 2025-26
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2026
49.7%MetLife International Holdings LLC (foreign promoter)
- Largest holder
- 49.7%
- Top 3 together
- 89.7%
- Holders named
- 7
- MetLife International Holdings LLC (foreign promoter)49.73%
- Punjab National Bank (Indian promoter)30.00%
- M Pallonji and Company Pvt. Ltd.9.97%
- M Pallonji Enterprises Pvt. Ltd.7.05%
- Jammu & Kashmir Bank3.03%
- M Pallonji Shipping Private Ltd.0.13%
- Manimaya Holdings Pvt. Ltd.0.08%
- Total99.99%
Read from: PNB MetLife IRDAI public disclosures for the year ended 31 March 2026
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 25 Jun 20253,65,85,363 shares allotted to existing shareholders at ₹82 each (₹10 face value plus ₹72 premium), raising about ₹300 crore to support solvency and growth. | Rights issue | Equity shares | ₹82 | ₹300 Cr |
| 27 Jan 20224,000 unsecured, subordinated, listed debentures of ₹10 lakh each at 8.12%, maturing 27 January 2032 with a call option from 27 January 2027; listed on NSE's debt segment. | Private placement | Subordinated non-convertible debentures | ₹10,00,000 | ₹400 Cr |
Read from: PNB MetLife annual report 2025-26
Leadership
Management
Lyndon Oliver
Chairman & Director
Sameer Bansal
Managing Director & CEO
Nilesh J Kothari
Chief Financial Officer
Yagya Turker
Director - Company Secretary
Ashish Bhat
Nominee Director
M Paramasivam
Nominee Director
Padma Chandrasekaran
Independent Director
Nitin Chopra
Independent Director
Read from: PNB MetLife IRDAI public disclosures for the year ended 31 March 2026
Corporate calendar
Events
- 31 Mar 2026Board changeIndependent directors Chetan Mathur, Arun Kumar Singh and K R Kamath resigned with effect from 31 March 2026Open
- 27 Jun 2025AGMAnnual general meeting; Nitin Chopra and M Paramasivam regularised as directorsOpen
- 25 Jun 2025Rights issueAllotment of 3.66 crore shares at ₹82 on a rights basis (about ₹300 crore)Open
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about PNB MetLife India Insurance Company Ltd on WhatsAppIs the price shown for PNB MetLife India Insurance Company Ltd final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my PNB MetLife India Insurance Company Ltd shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell PNB MetLife India Insurance Company Ltd shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by PNB MetLife India Insurance Company Ltd. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.