COMPANY NAME: GENERAL INSURANCE CORPORATION OF INDIA
STATEMENT AS ON 31.12.2017
STATEMENT OF DOWNGRADED INVESTMENTS
PERIODICITY OF SUBMISSION : QUARTERLY
Rupees 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 2005010100458 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 2005010100591 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 2005010100542 04I OBPT 100065 21.36 20 31.12.2005 FITCH ICRA AA+ A 30.06.2017
4 11510 8.00% IDBI BANK LTD - OMNI BONDS SER I 2003 2010010100073 04I OBPT 100065 9.65 9.65 02.07.2010 CARE ICRA AA+ A 30.06.2017
5 11630 6.7% RELIANCE ENERGY LTD. 2018 2005010100612 04I IODS 100100 4.96 5 31.12.2005 FITCH CRISIL AA BBB+ 30.09.2017
6 11947 10.55% JINDAL STAINLESS 2022 2005010100912 04I OLDB 100070 10 10 01.02.2006 CARE CARE AA D 30.06.2017
7 12182 10.25% KARNATAKA BANK LTD. 2018(ANNUAL) LOWER TIER II BONDS 2007010100153 04I OLDB 100070 5 5 29.03.2008 ICRA CARE A+ A 07.09.2012
8 12186 10.10% Tata Power Company Ltd. 2018 2008010100008 04I IODS 100100 5 5 25.04.2008 CRISIL CRISIL AA AA- 30.06.2013
9 12193 10.40% TATA POWER CO.LTD. 2018 (ANNUAL) 2008010100065 04I IODS 100100 15 15 20.06.2008 CRISIL CRISIL AA AA- 31.12.2013
10 12211 8.75%(S.A.)  TAMIL NADU ELECTRICITY BOARD 1.3.2018 (P/C2015) 2008010100070 04I SGOA 100008 9.7 9.7 18.08.2008 CARE CARE A+(SO) A-(SO) 12.12.2011
11 12264 10.50% Sec.Red.NC Gammon India Ltd. 2009010100005 04I IODS 100100 15 15 07.05.2009 CARE CARE AA D 31.12.2014
12 12270 8.81% 2019 Tamilnadu Electricity Board 2009010100016 04I SGOA 100008 10 10 04.05.2009 CARE ICRA A+(SO) A-(SO) 12.12.2011
13 12270 8.81% 2019 Tamilnadu Electricity Board 2009010100036 04I SGOA 100008 10.08 10.08 08.06.2009 CARE ICRA A+(SO) A-(SO) 12.12.2011
14 12271 13%Sec Red NCDs of Era Infra Engineering Ltd 2009010100029 04I OLDB 100070 20 20 05.06.2009 CARE CARE A D 31.12.2013
15 12272 11% Bharati Shipyard Ltd Sec.Rated Red.NCDs of 2009010100011 04I OLDB 100070 20 20 09.06.2009 CARE CARE A BB- 28.12.2011
16 12276 8.80% -Unsec.NCRed.Sub.Bonds Central Bank-Put call 10 yrs 2009010100018 04I OBPT 100065 5 5 23.06.2009 CARE CARE AA A- 30.09.2017
17 12322 8.40% 2020Tamilnadu Electricity Board 2009010100113 04I SGOA 100008 10 10 06.01.2010 CARE ICRA A+(SO) A-(SO) 12.12.2011
18 12338 8.50% Steel Authority of India -NCD-2019 2009010100165 04I OBPT 100065 20 20 07.12.2009 CARE FITCH AAA AA- 30.09.2017
19 12347 8.65% NCD Taxable Bonds SAIL-2019 2009010100166 04I OBPT 100065 20 20 30.12.2009 FITCH FITCH AAA AA- 30.09.2017
20 12384 11.15% Sec.Red.NCD -Era Infra Engineering Ltd. 2009010100215 04I OLDB 100070 10 10 27.02.2010 CARE CARE A D 31.12.2013
21 12394 8.64% TAMIL NADU ELECTRICITY BOARD 10 years(7 year P/C) 2009010100232 04I SGOA 100008 10 10 29.03.2010 FITCH CARE A+(SO) A-(SO) 12.12.2011
22 12394 8.64% TAMIL NADU ELECTRICITY BOARD 10 years(7 year P/C) 2009010100252 04I SGOA 100008 10 10 29.03.2010 FITCH CARE A+(SO) A-(SO) 12.12.2011
23 12414 8.75% Steel Authority of India NCDs - 2010010100028 04I OBPT 100065 50 50 23.04.2010 CARE FITCH AAA AA- 30.09.2017
24 12425 8.72% Steel Authority of India 2020 -NCDs 2010010100045 04I OBPT 100065 10.04 10.04 31.05.2010 FITCH FITCH AAA AA- 30.09.2017
25 12425 8.72% Steel Authority of India 2020 -NCDs 2010010100059 04I OBPT 100065 5.02 5.02 21.06.2010 FITCH FITCH AAA AA- 30.09.2017
26 12425 8.72% Steel Authority of India 2020 -NCDs 2012010100370 04I OBPT 100065 14.93 15 08.03.2013 FITCH FITCH AAA AA- 30.09.2017
27 12429 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 2010010100050 04I IODS 100100 10 10 18.06.2010 CARE CARE AA D 31.03.2015
28 12429 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 2010010100188 04I IODS 100100 10 10 16.11.2010 CRISIL CARE AA D 31.03.2015
29 12447 9.15% Tata Power Co. Ltd.2020 2010010100117 04I IODS 100100 10.15 10.15 04.08.2010 ICRA CRISIL AA AA- 31.12.2013
30 12447 9.15% Tata Power Co. Ltd.2020 2011010100040 04I IODS 100100 4.86 4.86 05.05.2011 ICRA CRISIL AA AA- 31.12.2013
31 12455 9.15% Tata Power 2018 2010010100130 04I IODS 100100 10.11 10.11 17.08.2010 CRISIL CRISIL AA AA- 31.12.2013
32 12493 9% Indian Overseas Bank Upper Tier II NCDs 2026 2010010100215 04I OBPT 100065 10 10 10.01.2011 CRISIL CRISIL AA A- 31.03.2016
33 12515 11.25%Elder Pharma NCDs-2018 2010010100252 04I OLDB 100070 10 10 30.03.2011 CARE CARE A+ D 30.06.2013
34 12519 10.25% Amtek Auto 2015 2011010100013 04I ECOS 100043 5.07 5.07 19.04.2011 CARE CARE AA AA- 30.06.2015
35 12519 10.25% Amtek Auto 2015 2011010100014 04I ECOS 100043 5.06 5.06 19.04.2011 CARE CARE AA AA- 30.06.2015
36 12519 10.25% Amtek Auto 2015 2011010100016 04I ECOS 100043 5.07 5.07 20.04.2011 CARE CARE AA AA- 30.06.2015
37 12519 10.25% Amtek Auto 2015 2011010100018 04I ECOS 100043 5.06 5.06 21.04.2011 CARE CARE AA AA- 30.06.2015
38 12519 10.25% Amtek Auto 2015 2012010100344 04I ECOS 100043 20.15 20 14.02.2013 CARE CARE AA AA- 30.06.2015
39 12519 10.25% Amtek Auto 2015 2013010100042 04I ECOS 100043 20.35 20 22.05.2013 CARE CARE AA AA- 30.06.2015
40 12527 10.75% Patel Engineering Ltd.-2016 2011010100022 04I OLDB 100070 10.22 10.22 29.04.2011 CARE CARE AA BB 30.09.2014
41 12533 9.15% Tata Power 2019 NCDs - Secured 2011010100039 04I IODS 100100 4.88 4.88 05.05.2011 CRISIL CRISIL AA AA- 31.12.2013
42 12560 9.35% Union Bank 2018 2011010100104 04I EPBT 100039 4.99 4.99 27.06.2011 BRICKWORK ICRA AAA AA 28.09.2012
43 12560 9.35% Union Bank 2018 2011010100105 04I EPBT 100039 4.99 4.99 28.06.2011 BRICKWORK ICRA AAA AA 28.09.2012
44 12577 9.95% Indian Hotels 2021-NCDs Secured 2011010100133 04I ECOS 100043 10.13 10.13 18.08.2011 ICRA CARE AA+ AA 14.09.2012
45 12630 10.10% Indian Hotels 2011010100227 04I ECOS 100043 10 10 24.11.2011 CARE CARE AA+ AA 14.09.2012
46 12642 11% Dhanlaxmi Bank 2018 2011010100241 04I OLDB 100070 10 10 21.01.2012 CARE BRICKWORK A BB- 31.03.2017
47 12666 10.50% Reliance Infrastructure 2018 Secured 2011010100304 04I IODS 100100 25 25 27.01.2012 CRISIL CRISIL AA+ BBB+ 30.09.2017
48 12690 9.55% Hindalco Inds.2022 NCDs Secured 2012010100042 04I ECOS 100043 10 10 08.05.2012 CARE CRISIL AA+ AA 30.09.2017
49 12690 9.55% Hindalco Inds.2022 NCDs Secured 2012010100056 04I ECOS 100043 10 10 23.05.2012 CARE CRISIL AA+ AA 30.09.2017
50 12690 9.55% Hindalco Inds.2022 NCDs Secured 2013010100369 04I ECOS 100043 4.89 5 02.01.2014 CARE CRISIL AA+ AA 30.09.2017
51 12739 10.20% Reliance Capital 2022 2012010100150 04I ECOS 100043 9.98 9.98 29.08.2012 CARE CARE AAA AA+ 30.06.2017
52 12739 10.20% Reliance Capital 2022 2012010100151 04I ECOS 100043 4.99 4.99 30.08.2012 CARE CARE AAA AA+ 30.06.2017
53 12739 10.20% Reliance Capital 2022 2012010100181 04I ECOS 100043 10.05 10.05 27.09.2012 CARE CARE AAA AA+ 30.06.2017
54 12739 10.20% Reliance Capital 2022 2012010100182 04I ECOS 100043 5.03 5.03 28.09.2012 CARE CARE AAA AA+ 30.06.2017
55 12784 10.25% SREI INFRA FIN LTD 2019 2012010100251 04I IODS 100100 14.99 14.99 26.11.2012 BRICKWORK CARE AA A+ 31.12.2015
56 12784 10.25% SREI INFRA FIN LTD 2019 2012010100267 04I IODS 100100 9.98 9.98 07.12.2012 BRICKWORK CARE AA A+ 31.12.2015
57 12786 8.93% ORIENTAL BANK OF COMMERCE LOWER TIER II BONDS OF 2012010100258 04I OBPT 100065 15 15 03.12.2012 ICRA ICRA AA+ AA- 30.06.2017
58 12786 8.93% ORIENTAL BANK OF COMMERCE LOWER TIER II BONDS OF 2012010100259 04I OBPT 100065 9.99 9.99 04.12.2012 ICRA ICRA AA+ AA- 30.06.2017
59 12786 8.93% ORIENTAL BANK OF COMMERCE LOWER TIER II BONDS OF 2012010100271 04I OBPT 100065 9.99 9.99 14.12.2012 ICRA ICRA AA+ AA- 30.06.2017
60 12789 9.95% RELIANCE CAPITAL 2022 2012010100266 04I ECOS 100043 15 15 05.12.2012 CARE CARE AAA AA+ 30.06.2017
61 12789 9.95% RELIANCE CAPITAL 2022 2012010100276 04I ECOS 100043 15.04 15.04 19.12.2012 CARE CARE AAA AA+ 30.06.2017
62 12789 9.95% RELIANCE CAPITAL 2022 2012010100302 04I ECOS 100043 20.14 20 14.01.2013 CARE CARE AAA AA+ 30.06.2017
63 12792 10.75% Simplex Infra Ltd 2022 (put/Call 06.12.2019) 2012010100268 04I IODS 100100 15 15 11.12.2012 CARE CARE AA A 31.12.2015
64 12795 IDBI 8.99% 19-Dec-12 INE008A08U50 2012010100277 04I OBPT 100065 15 15 19.12.2012 ICRA ICRA AA+ A 30.06.2017
65 12799 8.90% UNION BANK 2022 2012010100285 04I EPBT 100039 14 14 01.01.2013 CARE CRISIL AAA AA+ 30.09.2017
66 12818 10.25% Reliance Capital  Sec NCDs -2022 2012010100317 04I ECOS 100043 15.36 15 29.01.2013 CARE CARE AAA AA+ 31.03.2017
67 12829 9.90% RELIANCE CAPITAL SEC NCD 2023 2012010100343 04I ECOS 100043 25.14 25 14.02.2013 CARE CARE AAA AA+ 31.03.2017
68 12829 9.90% RELIANCE CAPITAL SEC NCD 2023 2013010100125 04I ECOS 100043 26.09 25 09.07.2013 CARE CARE AAA AA+ 31.03.2017
69 12840 9.71% Deepak Fertilizers & Petrochem-Sec-2018 2012010100364 04I OLDB 100070 20.1 20 06.03.2013 ICRA CARE AA AA- 31.12.2015
70 12854 9.40% Tata Power Co.Ltd. 2022 Secured NCD 2013010100000 04I IODS 100100 10 10 12.04.2013 CRISIL CRISIL AA AA- 31.12.2013
71 12885 9.80% Reliance Infrastructure Ltd. 2018-SEC NCD 2013010100123 04I IODS 100100 5 5 03.07.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
72 12886 9.17% STERLITE INDUSTRIES (I) LTD SEC NCD 2023 2013010100126 04I ECOS 100043 20 20 10.07.2013 CRISIL CRISIL AA+ AA 30.06.2017
73 12886 9.17% STERLITE INDUSTRIES (I) LTD SEC NCD 2023 2013010100193 04I ECOS 100043 18.94 20 27.08.2013 CRISIL CRISIL AA+ AA 30.06.2017
74 12897 10% RELIANCE INFRASTRUCTURE LTD 2020 SEC NCD 2013010100154 04I IODS 100100 24.93 25 31.07.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
75 12897 10% RELIANCE INFRASTRUCTURE LTD 2020 SEC NCD 2013010100274 04I IODS 100100 2.96 3 10.10.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
76 12905 9.55% HINDALCO INDS.2022 SEC NCD 2013010100162 04I ECOS 100043 19.99 20 05.08.2013 CARE CRISIL AA+ AA 30.09.2017
77 12905 9.55% HINDALCO INDS.2022 SEC NCD 2013010100328 04I ECOS 100043 9.82 10 06.12.2013 CARE CRISIL AA+ AA 30.09.2017
78 12906 10% RELIANCE INFRASTRUCTURE LTD AUGUST 2020 SEC NCD 2013010100171 04I IODS 100100 25 25 08.08.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
79 12913 9.80% Reliance Infrastructure Ltd July 2018 Sec Ncd 2013010100196 04I IODS 100100 24.34 25 28.08.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
80 12913 9.80% Reliance Infrastructure Ltd July 2018 Sec Ncd 2013010100211 04I IODS 100100 14.6 15 05.09.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
81 12913 9.80% Reliance Infrastructure Ltd July 2018 Sec Ncd 2013010100229 04I IODS 100100 9.75 10 23.09.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
82 12928 9.10% STERLITE INDUSTRIES LTD 2023 SEC NCD 2013010100265 04I ECOS 100043 9.55 10 04.10.2013 FITCH CRISIL AA+ AA 30.06.2017
83 12938 10.20% RELIANCE INFRA LTD SEC NCD OCT 2020 2013010100286 04I IODS 100100 25 25 01.11.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
84 12946 10.20% RELIANCE INFRA LTD SEC NCD OCT 2020 SERIES 17 2013010100305 04I IODS 100100 25 25 18.11.2013 BRICKWORK BRICKWORK AA AA- 30.06.2015
85 12983 9.60% HINDALCO INDUSTRIES LTD 2022 SEC NCD 2014010100014 04I ECOS 100043 19.5 20 16.04.2014 CARE CRISIL AA+ AA 30.09.2017
86 13028 9.42% RELIANCE CAPITAL LTD 2024 2014010100160 04I ECOS 100043 25 25 05.08.2014 CARE CARE AAA AA+ 31.03.2017
87 13028 9.42% RELIANCE CAPITAL LTD 2024 2014010100167 04I ECOS 100043 15 15 06.08.2014 CARE CARE AAA AA+ 31.03.2017
88 13050 10.10% RELIANCE CAPITAL LTD 2022 NCD 2014010100212 04I ECOS 100043 5.16 5 12.09.2014 CARE CARE AAA AA+ 31.03.2017
89 13069 9.32% RELIANCE CAPITAL LIMITED - 2024 2014010100281 04I ECOS 100043 20 20 21.11.2014 CARE CARE AAA AA+ 31.03.2017
90 13087 10.50% AMTEK AUTO LIMITED - 2020 2014010100324 04I OLDB 100070 25 25 09.01.2015 CARE CARE AA D 31.12.2015
91 13087 10.50% AMTEK AUTO LIMITED - 2020 2014010100404 04I OLDB 100070 10 10 02.03.2015 CARE CARE AA D 31.12.2015
92 13148 9.72% JSW STEEL LIMITED-2019 2015010100041 04I OLDB 100070 25.39 25 11.05.2015 CARE CARE AA AA- 31.03.2016
93 13224 8.23%  PNB HOUSING FINANCE LTD., - 2019 2015010100209 04I HTDN 100016 20 20 14.10.2015 CARE ICRA AAA AA+ 31.03.2016
94 13401 8.90% Reliance Capital Ltd., - 2021 2016010100143 04I ECOS 100043 25 25 14.09.2016 CARE CARE AAA AA+ 31.03.2017
95 13402 9.00% Reliance Capital Ltd.,-2026 2016010100144 04I ECOS 100043 20 20 15.09.2016 BRICKWORK CARE AAA AA+ 31.03.2017
96 12263 8.75%-9.25% UPPER TIER II BONDS OF ORIENTAL BANK OF COMMERCE 2009010100004 04P OBPT 100065 10.1 10.1 20.05.2009 CARE ICRA AA A+ 30.06.2017
* 1,319.60 1,367.20
DECLARATION
Certified that the information given herein are correct
and complete to the best of my knowledge and belief and
nothing has been processed or suppressed.
DATE
Signature
Full Name & Designation