Star Union Dai-Ichi Life Insurance Unlisted Shares

Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) is a joint venture (JV) of Bank of India, Union Bank of India, and Dai-ichi Life, a leading life insurance company of Japan. They have commenced operations in 2009.

Bank of India and Union Bank are leading Indian public sector banks and have a robust nationwide network of more than 11000 branches that cater to more than 64 million customers. Bank of India and Union Bank have sponsored select Regional Rural Banks, which provide SUD Life access to more than 1950 branches that make life insurance products available in rural areas.

Dai-ichi Life is the second-largest life insurance company in Japan and is one of the top ten life insurers in the world. Dai-ichi Life was established in 1902 and is a recognized brand name across the globe. Dai-ichi Life is renowned for sound product knowledge, superior asset management skills, and strong operational capabilities to manage life insurance businesses globally.

SUD Life is committed to providing insurance products across various strata of society and geographies as per the needs of the customer. At SUD Life, the customer commands topmost priority.

The promoters of SUD Life have a long-term commitment towards their customers and stakeholders and have earned the trust of 64 million customers.

They have 23 Regional offices and 78 Branch offices across India.

Opportunities in the Insurance Business:

While there are 57 insurance companies, of which 24 are in the life insurance business and 33 are non-life insurers, the insurance penetration in India, at 3.42% is far below the global average of 6.2%.

Augmenting the coverage of insurance has immense implications for the nation. The Government is making numerous efforts to promote awareness about insurance and improve accessibility, especially to those in economically weaker sections of society and those in the hinterlands. At the same time, the insurance fraternity has also donned the mission to promote insurance as a concept before products, with several initiatives, including simpler and more customized.

Star Union Dai-Ichi Life Insurance Unlisted Shares Details:

Total Available Shares:	Not Available
Face Value:	₹ 10 Per Equity Share
ISIN:	INE503V01011
Lot Size:	100 Shares
Current Unlisted Share Price:	₹ 50 Per Equity Share
Retail Discount:	Bulk Deal (1%)

Promoters And Management:

1. Shri Shigeo Tsuyuki, Non-Executive Director Shri Shigeo Tsuyuki is the Representative Director, Vice Chairman of Dai-ichi Life Holdings Inc. (Japan). He has been associated with The Dai-ichi Life Insurance Company, Limited (Japan) since April 1977, and has vast experience in the life insurance industry. He has been associated with the International Business Management Department of Dai-ichi Life (Japan) since October 2007. 2. Shri Atul Kumar Goel, Non-Executive Director Shri Atul Kumar Goel is an Executive Director of Union Bank of India since September 2016. He has vast experience of 24 years in handling Finance & Accounts, International Banking, Treasury & Joint Venture, Corporate Credit, Foreign Exchange Business, and Treasury and takes proactive result-oriented measures to garner market share.

Company Business:

Individual Plans They provide a variety of products for needs like Protection, Savings & Investments, Children's Education and Marriage, Retirement, Income generation etc. They are available at your nearest BOI and UBI branches and also have a professional and dedicated team of agents and financial planners to assist you in planning your financial goals at different life stages. 1. Protection Plans 2. Saving Plans 3. Wealth Plans 4. Child PlansRetirement Plans 5. Health Plans 6. Withdrawn Products Group Plans Groups can be as diverse as employees of an organization, depositors, and account holders of a bank or members of a cooperative society or even an association. Group Life Insurance plans at SUD Life offers solutions to you and your members helping them meet their credit protection and life insurance needs in a hassle-free and cost-effective way securing peace of mind for them and their family members. 1. Credit Life Plans 2. Term Plans 3.Withdrawn Products

Shareholding Pattern:

Shareholder	No. of Shares	% of Holding
Bank of India	750,000	28.96%
Union Bank of India	650,000	25.10%
Dai-ichi Life Holdings, Inc., Japan	1,189,641	45.94%

Financials of Star Union Dai-Ichi Life Insurance Unlisted Shares:

Year	AUM (Cr)	PAT(Cr)	EPS	FV	Equity(Cr)	M.cap(Cr)
2016	5821	22.6	0.88	10	258.9641	1300
2017	6525	54.8	2.19	10	258.9641
2018	7289	75.9	2.93	10	258.9641

Star Union Dai-ICHI Annual Report 2017-18

Frequently Asked Questions:

Please find below the procedure for buying Star Union Dai-Ichi Life Insurance Unlisted Shares at UnlistedZone.

1. You confirm booking of Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance Unlisted Shares is 6 months after listing. Hence you can’t sell Star Union Dai-Ichi Life Insurance 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. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Star Union Dai-Ichi Life Insurance Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Star Union Dai-Ichi Life Insurance Unlisted Shares.
2. We will give you our client master report and you will transfer the Star Union Dai-Ichi Life Insurance Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Star Union Dai-Ichi Life Insurance Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance Unlisted Shares.
- b. Name of Star Union Dai-Ichi Life Insurance Unlisted Shares
- c. Quantity of Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

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. So, via our UnlistedZone platform, if somebody wants to buy Star Union Dai-Ichi Life Insurance Unlisted Shares then minimum investment would be 35-50k.

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 Star Union Dai-Ichi Life Insurance Unlisted Shares from UnlistedZone 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Star Union Dai-Ichi Life Insurance Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Star Union Dai-Ichi Life Insurance 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 UnlistedZone.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.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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 Star Union Dai-Ichi Life Insurance 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.

For tracking news and other information about Star Union Dai-Ichi Life Insurance Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Star Union Dai-Ichi Life Insurance Unlisted Shares:

2 Comments

ARIJIT DAS

10:10 AM, 21 December 2019

i want to purchase 100 star union dai-ichi life share.

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Market Wizard

2:23 AM, 23 December 2019

Hi, They are not available.

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Star Union Dai-Ichi Life Insurance Unlisted Shares

Star Union Dai-Ichi Life Insurance Unlisted Shares Details:

Promoters And Management:

Company Business:

Shareholding Pattern:

Financials of Star Union Dai-Ichi Life Insurance Unlisted Shares:

Frequently Asked Questions:

Discussion on Star Union Dai-Ichi Life Insurance Unlisted Shares:

2 Comments

ARIJIT DAS

Market Wizard

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