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Bajaj Holdings & Investment Ltd

Bajaj Holdings & Investment Limited (BHIL) formerly known as Bajaj Auto Ltd is an India-based holding and investment company. BHIL holds strategic stakes of 31.54% in Bajaj Auto Ltd. (BAL) 39.29% in Bajaj Finserv Ltd. and 24% in Maharashtra Scooters Ltd. The Company focuses on earning income through dividends, interest and gains on investments held. The Company's other equities portfolio is a combination of listed and unlisted investments. BHIL invests in equities based on the Company's views of returns from public equity markets, as well as opportunities in the private equity space.


The Company invests in equities normally with an approximately five year holding horizon or even longer. The Company's other equities investment portfolio includes financials, technology/pharma; consumers/education; sugar; material/metals/oil and gas; construction/infra, and telecoms and media. Its fixed income portfolio includes government securities, certificate of deposit and commercial paper, corporate bonds and mutual funds. Its equity investments include strategic/group investments. Bajaj Auto Holdings Ltd. (BAHL) is the Company's subsidiary.

It is largely dependent on the equity and debt markets for its income. Bajaj Holdings & Investment Ltd was incorporated in the year 1945 as Bachraj Trading Corporation Pvt Ltd. In the year 1948 the company commenced their sales in India by importing two and three wheelers. In the year 1959 Bajaj Auto obtained license for the manufacturing of two and three wheelers and in the year 1960 they became a public limited company.

With the opening of the insurance sector the company entered into joint venture agreements with Allianz AG Germany for setting up two separate companies namely Bajaj Allianz General Insurance Co Ltd and Allianz Bajaj Life Insurance Co Ltd. Bajaj Auto and Allianz signed two separate joint venture agreements for these two businesses and had respectively committed 74% and 26% of the initial share capital of Rs 110 crore in case of the general insurance venture and Rs 150 crore in case of the life insurance venture.

Company received the formal approval from the Department of Commerce Ministry of Commerce and Industry Government of India for the setting up of a Special Economic Zone at Waluj Industrial Area in Aurangabad district.Until March 31 2007 the company was engaged in the business of manufacturing and trading in two and three wheelers financial services businesses comprising insurance retail finance and financial product distribution wind farm business and investments activity. Considering the growth opportunities in the auto wind-energy insurance and finance sectors the company de-merged their activities into three separate entities each of which can focus on their core businesses and strengthen competencies. The auto business of the holding company along with all assets and liabilities pertaining thereto including investments in PT Bajaj Auto Indonesia and in a few vendor companies was transferred to Bajaj Investment & Holding Ltd.

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