Form NL-37 :- COMPANY NAME: GENERAL INSURANCE CORPORATION OF INDIA
STATEMENT AS ON 31.12.2016
STATEMENT OF DOWNGRADED INVESTMENTS
PERIODICITY OF SUBMISSION : QUARTERLY Amount Rs. in Crores
Sr No Security ID Particulars of Investments Fin.Trn.Number Product Type IRDA Code BAP Code Purchase Amount Nominal Amount Date of Purchase Original Rating Agency Current Rating Agency Original Grade Current Grade Date of Downgrade
B AS ON DATE
1 11426 MAHARASHTRA STATE ROAD DEVELOPMENT CORPORATION LTD 2.00501E+12 04I SGOA 100008 27 75 31.12.2005 CARE CARE AAA BBB+ 30.09.2013
2 11467 5.95% KARNATAKA WATER AND SANITATION POOLED FUND 2.00501E+12 04I IPFD 100033 5 5 31.12.2005 CARE AA+ 31.12.2016
3 11510 8.00% IDBI BANK LTD - OMNI BONDS SER I 2003 2.00501E+12 04I EPBT 100039 21.36 20 31.12.2005 FITCH CRISIL AA+ AA 31.03.2016
4 11510 8.00% IDBI BANK LTD - OMNI BONDS SER I 2003 2.01001E+12 04I EPBT 100039 9.65 9.65 02.07.2010 CARE CRISIL AA+ AA 31.03.2016
5 11630 6.7% RELIANCE ENERGY LTD. 2018 2.00501E+12 04I IODS 100100 4.96 5 31.12.2005 FITCH CRISIL AA A- 31.03.2016
6 11947 9.75% JINDAL STAINLESS 31.01.2015 2.00501E+12 04I OLDB 100070 10 10 01.02.2006 CARE CARE AA D 31.12.2012
7 12100 9.95%Orientak Bank comm Lower Tier II Bonds 23.4.2017 2.00701E+12 04I EPBT 100039 15 15 23.04.2007 CARE CARE AAA AA 31.03.2016
8 12182 10.25% KARNATAKA BANK LTD. 2018(ANNUAL) LOWER TIER II BONDS 2.00701E+12 04I OLDB 100070 5 5 29.03.2008 ICRA CARE A+ A 07.09.2012
9 12186 10.10% Tata Power Company Ltd. 2018 2.00801E+12 04I IODS 100100 5 5 25.04.2008 ICRA CRISIL AA AA- 30.06.2013
10 12193 10.40% TATA POWER CO.LTD. 2018 (ANNUAL) 2.00801E+12 04I IODS 100100 15 15 20.06.2008 CRISIL CRISIL AA AA- 31.12.2013
11 12211 8.75%(S.A.)  TAMIL NADU ELECTRICITY BOARD 1.3.2018 (P/C2015) 2.00801E+12 04I SGOA 100008 9.7 9.7 18.08.2008 CARE CARE A+(SO) A-(SO) 12.12.2011
12 12264 10.50% Sec.Red.NC Gammon India Ltd. 2.00901E+12 04I IODS 100100 15 15 07.05.2009 CARE CARE AA D 31.12.2014
13 12270 8.81% 2019 Tamilnadu Electricity Board 2.00901E+12 04I SGOA 100008 10 10 04.05.2009 CARE ICRA A+(SO) A-(SO) 12.12.2011
14 12270 8.81% 2019 Tamilnadu Electricity Board 2.00901E+12 04I SGOA 100008 10.08 10.08 08.06.2009 CARE ICRA A+(SO) A-(SO) 12.12.2011
15 12271 13%Sec Red NCDs of Era Infra Engineering Ltd 2.00901E+12 04I OLDB 100070 20 20 05.06.2009 CARE CARE A D 31.12.2013
16 12272 11% Bharati Shipyard Ltd Sec.Rated Red.NCDs of 2.00901E+12 04I OLDB 100070 20 20 09.06.2009 CARE CARE A BB- 28.12.2011
17 12276 8.80% -Unsec.NCRed.Sub.Bonds Central Bank-Put call 10 yrs 2.00901E+12 04I OBPT 100065 5 5 23.06.2009 CARE CARE AA A+ 31.12.2013
18 12322 8.40% 2020Tamilnadu Electricity Board 2.00901E+12 04I SGOA 100008 10 10 06.01.2010 CARE ICRA A+(SO) A-(SO) 12.12.2011
19 12338 8.50% Steel Authority of India -NCD-2019 2.00901E+12 04I IPTD 100028 20 20 07.12.2009 FITCH FITCH AAA AA 30.06.2016
20 12347 8.65% NCD Taxable Bonds SAIL-2019 2.00901E+12 04I IPTD 100028 20 20 30.12.2009 CARE FITCH AAA AA 30.06.2016
21 12384 11.15% Sec.Red.NCD -Era Infra Engineering Ltd. 2.00901E+12 04I OLDB 100070 10 10 27.02.2010 CARE CARE A D 31.12.2013
22 12391 8.95% Damodar Valley Corporation Sec.Red.Taxable NCD- 2.00901E+12 04I OBPT 100065 5.6 5.6 26.02.2010 FITCH FITCH AA A 31.12.2014
23 12391 8.95% Damodar Valley Corporation Sec.Red.Taxable NCD- 2.01001E+12 04I OBPT 100065 15.39 15.39 14.06.2010 FITCH FITCH AA A 31.12.2014
24 12394 8.64% TAMIL NADU ELECTRICITY BOARD 10 years(7 year P/C) 2.00901E+12 04I SGOA 100008 10 10 29.03.2010 CARE CARE A+(SO) A-(SO) 12.12.2011
25 12394 8.64% TAMIL NADU ELECTRICITY BOARD 10 years(7 year P/C) 2.00901E+12 04I SGOA 100008 10 10 29.03.2010 CARE CARE A+(SO) A-(SO) 12.12.2011
26 12414 8.75% Steel Authority of India NCDs - 2.01001E+12 04I IPTD 100028 50 50 23.04.2010 FITCH FITCH AAA AA 30.06.2016
27 12425 8.72% Steel Authority of India 2020 -NCDs 2.01001E+12 04I IPTD 100028 10.04 10.04 31.05.2010 FITCH FITCH AAA AA 30.06.2016
28 12425 8.72% Steel Authority of India 2020 -NCDs 2.01001E+12 04I IPTD 100028 5.02 5.02 21.06.2010 FITCH FITCH AAA AA 30.06.2016
29 12425 8.72% Steel Authority of India 2020 -NCDs 2.01201E+12 04I IPTD 100028 14.93 15 08.03.2013 FITCH FITCH AAA AA 30.06.2016
30 12429 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 2.01001E+12 04I IODS 100100 10 10 18.06.2010 CARE CARE AA D 31.03.2015
31 12429 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 2.01001E+12 04I IODS 100100 10 10 16.11.2010 CRISIL CARE AA D 31.03.2015
32 12447 9.15% Tata Power Co. Ltd.2020 2.01001E+12 04I IODS 100100 10.15 10.15 04.08.2010 CRISIL CRISIL AA AA- 31.12.2013
33 12447 9.15% Tata Power Co. Ltd.2020 2.01101E+12 04I IODS 100100 4.86 4.86 05.05.2011 CRISIL CRISIL AA AA- 31.12.2013
34 12455 9.15% Tata Power 2018 2.01001E+12 04I IODS 100100 10.11 10.11 17.08.2010 CRISIL CRISIL AA AA- 31.12.2013
35 12493 9% Indian Overseas Bank Upper Tier II NCDs 2026 2.01001E+12 04I OBPT 100065 10 10 10.01.2011 CRISIL CRISIL AA A- 31.03.2016
36 12515 11.25%Elder Pharma NCDs-2018 2.01001E+12 04I OLDB 100070 10 10 30.03.2011 CARE CARE A+ D 30.06.2013
37 12519 10.25% Amtek Auto 2015 2.01101E+12 04I ECOS 100043 5.07 5.07 19.04.2011 CARE CARE AA AA- 30.06.2015
38 12519 10.25% Amtek Auto 2015 2.01101E+12 04I ECOS 100043 5.06 5.06 19.04.2011 CARE CARE AA AA- 30.06.2015
39 12519 10.25% Amtek Auto 2015 2.01101E+12 04I ECOS 100043 5.07 5.07 20.04.2011 CARE CARE AA AA- 30.06.2015
40 12519 10.25% Amtek Auto 2015 2.01101E+12 04I ECOS 100043 5.06 5.06 21.04.2011 CARE CARE AA AA- 30.06.2015
41 12519 10.25% Amtek Auto 2015 2.01201E+12 04I ECOS 100043 20.15 20 14.02.2013 CARE CARE AA AA- 30.06.2015
42 12519 10.25% Amtek Auto 2015 2.01301E+12 04I ECOS 100043 20.35 20 22.05.2013 CARE CARE AA AA- 30.06.2015
43 12527 10.75% Patel Engineering Ltd.-2016 2.01101E+12 04I OLDB 100070 10.22 10.22 29.04.2011 CARE CARE AA BB 30.09.2014
44 12533 9.15% Tata Power 2019 NCDs - Secured 2.01101E+12 04I IODS 100100 4.88 4.88 05.05.2011 CRISIL CRISIL AA AA- 31.12.2013
45 12542 10.75% Jindal Saw Ltd. Secured NCD 2.01101E+12 04I OLDB 100070 10.34 10.34 26.05.2011 CARE CARE AA A+ 30.09.2016
46 12542 10.75% Jindal Saw Ltd. Secured NCD 2.01101E+12 04I OLDB 100070 5.17 5.17 27.05.2011 CARE CARE AA A+ 30.09.2016
47 12560 9.35% Union Bank 2018 2.01101E+12 04I EPBT 100039 4.99 4.99 27.06.2011 BRICKWORK ICRA AAA AA 28.09.2012
48 12560 9.35% Union Bank 2018 2.01101E+12 04I EPBT 100039 4.99 4.99 28.06.2011 BRICKWORK ICRA AAA AA 28.09.2012
49 12577 9.95% Indian Hotels 2021-NCDs Secured 2.01101E+12 04I ECOS 100043 10.13 10.13 18.08.2011 CARE CARE AA+ AA 14.09.2012
50 12630 10.10% Indian Hotels 2.01101E+12 04I ECOS 100043 10 10 24.11.2011 CARE ICRA AA+ AA 14.09.2012
51 12642 11% Dhanlaxmi Bank 2018 2.01101E+12 04I OLDB 100070 10 10 21.01.2012 CARE BRICKWORK A BB 30.09.2016
52 12666 10.50% Reliance Infrastructure 2018 Secured 2.01101E+12 04I IODS 100100 25 25 27.01.2012 CRISIL CRISIL AA+ A- 31.03.2016
53 12690 9.55% Hindalco Inds.2022 NCDs Secured 2.01201E+12 04I OLDB 100070 10 10 08.05.2012 CARE CRISIL AA+ AA- 30.09.2015
54 12690 9.55% Hindalco Inds.2022 NCDs Secured 2.01201E+12 04I OLDB 100070 10 10 23.05.2012 CARE CRISIL AA+ AA- 30.09.2015
55 12690 9.55% Hindalco Inds.2022 NCDs Secured 2.01301E+12 04I OLDB 100070 4.89 5 02.01.2014 CARE CRISIL AA+ AA- 30.09.2015
56 12748 9.15% Tata Power 2017-Secured STRPPS_G NCDs 2.01201E+12 04I IODS 100100 9.9 9.9 11.09.2012 CRISIL CRISIL AA AA- 31.12.2013
57 12779 11.30 SREI INFRASTRUCTURE FIN 2017 2.01201E+12 04I IODS 100100 10 10 07.11.2012 BRICKWORK CARE AA A+ 30.06.2016
58 12784 10.25% SREI INFRA FIN LTD 2019 2.01201E+12 04I IODS 100100 14.99 14.99 26.11.2012 CARE CARE AA A+ 31.12.2015
59 12784 10.25% SREI INFRA FIN LTD 2019 2.01201E+12 04I IODS 100100 9.98 9.98 07.12.2012 CARE CARE AA A+ 31.12.2015
60 12786 8.93% ORIENTAL BANK OF COMMERCE LOWER TIER II BONDS OF 2.01201E+12 04I EPBT 100039 15 15 03.12.2012 CARE CARE AA+ AA 31.03.2016
61 12786 8.93% ORIENTAL BANK OF COMMERCE LOWER TIER II BONDS OF 2.01201E+12 04I EPBT 100039 9.99 9.99 04.12.2012 CARE CARE AA+ AA 31.03.2016
62 12786 8.93% ORIENTAL BANK OF COMMERCE LOWER TIER II BONDS OF 2.01201E+12 04I EPBT 100039 9.99 9.99 14.12.2012 CARE CARE AA+ AA 31.03.2016
63 12792 10.75% Simplex Infra Ltd 2022 (put/Call 06.12.2019) 2.01201E+12 04I IODS 100100 15 15 11.12.2012 CARE CARE AA A 31.12.2015
64 12795 IDBI 8.99% 19-Dec-12 INE008A08U50 2.01201E+12 04I EPBT 100039 15 15 19.12.2012 CRISIL CRISIL AA+ AA 31.03.2016
65 12840 9.71% Deepak Fertilizers & Petrochem-Sec-2018 2.01201E+12 04I OLDB 100070 20.1 20 06.03.2013 ICRA CARE AA AA- 31.12.2015
66 12854 9.40% Tata Power Co.Ltd. 2022 Secured NCD 2.01301E+12 04I IODS 100100 10 10 12.04.2013 CARE CRISIL AA AA- 31.12.2013
67 12885 9.80% Reliance Infrastructure Ltd. 2018-SEC NCD 2.01301E+12 04I IODS 100100 5 5 03.07.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
68 12886 9.17% STERLITE INDUSTRIES (I) LTD SEC NCD 2023 2.01301E+12 04I OLDB 100070 20 20 10.07.2013 FITCH CRISIL AA+ AA- 31.03.2016
69 12886 9.17% STERLITE INDUSTRIES (I) LTD SEC NCD 2023 2.01301E+12 04I OLDB 100070 18.94 20 27.08.2013 FITCH CRISIL AA+ AA- 31.03.2016
70 12897 10% RELIANCE INFRASTRUCTURE LTD 2020 SEC NCD 2.01301E+12 04I IODS 100100 24.93 25 31.07.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
71 12897 10% RELIANCE INFRASTRUCTURE LTD 2020 SEC NCD 2.01301E+12 04I IODS 100100 2.96 3 10.10.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
72 12905 9.55% HINDALCO INDS.2022 SEC NCD 2.01301E+12 04I OLDB 100070 19.99 20 05.08.2013 CRISIL CRISIL AA+ AA- 30.09.2015
73 12905 9.55% HINDALCO INDS.2022 SEC NCD 2.01301E+12 04I OLDB 100070 9.82 10 06.12.2013 CRISIL CRISIL AA+ AA- 30.09.2015
74 12906 10% RELIANCE INFRASTRUCTURE LTD AUGUST 2020 SEC NCD 2.01301E+12 04I IODS 100100 25 25 08.08.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
75 12913 9.80% Reliance Infrastructure Ltd July 2018 Sec Ncd 2.01301E+12 04I IODS 100100 24.34 25 28.08.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
76 12913 9.80% Reliance Infrastructure Ltd July 2018 Sec Ncd 2.01301E+12 04I IODS 100100 14.6 15 05.09.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
77 12913 9.80% Reliance Infrastructure Ltd July 2018 Sec Ncd 2.01301E+12 04I IODS 100100 9.75 10 23.09.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
78 12928 9.10% STERLITE INDUSTRIES LTD 2023 SEC NCD 2.01301E+12 04I OLDB 100070 9.55 10 04.10.2013 CRISIL CRISIL AA+ AA- 31.03.2016
79 12938 10.20% RELIANCE INFRA LTD SEC NCD OCT 2020 2.01301E+12 04I IODS 100100 25 25 01.11.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
80 12946 10.20% RELIANCE INFRA LTD SEC NCD OCT 2020 SERIES 17 2.01301E+12 04I IODS 100100 25 25 18.11.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
81 12983 9.60% HINDALCO INDUSTRIES LTD 2022 SEC NCD 2.01401E+12 04I OLDB 100070 19.5 20 16.04.2014 CRISIL CRISIL AA+ AA- 30.09.2015
82 13044 9.40% STERLITE INDUSTRIES (I) LTD. SEC NCD - 2022 2.01401E+12 04I OLDB 100070 4.96 5 05.09.2014 CRISIL CRISIL AA+ AA- 31.03.2016
83 13044 9.40% STERLITE INDUSTRIES (I) LTD. SEC NCD - 2022 2.01401E+12 04I OLDB 100070 4.96 5 08.09.2014 CRISIL CRISIL AA+ AA- 31.03.2016
84 13061 10.20% JSW STEEL LTD - 2017 SEC. NCD 2.01401E+12 04I OLDB 100070 10.08 10 30.10.2014 CARE CARE AA AA- 31.03.2016
85 13061 10.20% JSW STEEL LTD - 2017 SEC. NCD 2.01401E+12 04I OLDB 100070 25.4 25 18.11.2014 CARE CARE AA AA- 31.03.2016
86 13063 9.36%SESA STERLITE  LTD - 2017 2.01401E+12 04I OLDB 100070 10 10 05.11.2014 CRISIL CRISIL AA+ AA- 31.03.2016
87 13087 10.50% AMTEK AUTO LIMITED - 2020 2.01401E+12 04I OLDB 100070 25 25 09.01.2015 CARE CARE AA D 31.12.2015
88 13087 10.50% AMTEK AUTO LIMITED - 2020 2.01401E+12 04I OLDB 100070 10 10 02.03.2015 CARE CARE AA D 31.12.2015
89 13148 9.72% JSW STEEL LIMITED-2019 2.01501E+12 04I OLDB 100070 25.39 25 11.05.2015 CARE CARE AA AA- 31.03.2016
90 13224 8.23%  PNB HOUSING FINANCE LTD., - 2019 2.01501E+12 04I HTDN 100016 20 20 14.10.2015 ICRA ICRA AAA AA+ 31.03.2016
91 12122 10.40% -10.90% Punjab National Bank Call on 20/07/2017 2.00701E+12 04P EUPD 100057 15 15 20.07.2007 CARE CARE AAA AA 30.09.2016
92 12148 9.75% PUNJAB NATIONAL BANK  (CALL-11.12.2017) STEP UP 10.25% 2.00701E+12 04P EUPD 100057 8.02 8.02 20.12.2007 CRISIL CARE AAA AA 30.09.2016