- CEO
- Sanjivnayan Rahul K. Bajaj
- Full Time Employees
- 14
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Panchshil Tech Park Pune MA India 411014
- IPO Date
- Nov 3, 1994
- Business
- Bajaj Holdings & Investment Limited (BHIL) serves as the flagship investment company of the Bajaj Group, focusing on strategic and financial investments in equities, debt instruments, and group entities; it generates income primarily through dividends, interest, and profits on its portfolio without core manufacturing or service operations of its own. The company maintains significant stakes including 33.43% in Bajaj Auto Limited, which manufactures motorcycles and three-wheelers; 39.29% in Bajaj Finserv Limited, a diversified financial services provider offering lending, insurance through Bajaj Allianz entities, and wealth management; and 51% in Maharashtra Scooters Limited, alongside minority holdings in entities such as Mukand Limited for stainless steel products, Hercules Hoist for engineering machinery, and recent diversified investments in Reliance Industries Limited, Tata Consumer Products Limited, Tata Consultancy Services, Mphasis, and Bharti Airtel. BHIL invests in high-quality debt including government securities, AAA corporate bonds, and debt mutual funds to optimize risk-adjusted returns, with its portfolio valued at approximately Rs 2.1 lakh crore as of FY24.
Formed through the demerger of erstwhile Bajaj Auto Limited effective April 1, 2007, pursuant to a Bombay High Court order, BHIL transferred its manufacturing operations to Bajaj Auto Limited and strategic businesses including wind farms and financial services to Bajaj Finserv Limited, retaining all other assets, investments, and liabilities; the company traces its origins to 1945 as Bachhraj Trading Corporation Private Limited and operates from headquarters in Pune, India, as a systemically important non-deposit-taking Non-Banking Financial Company registered with the Reserve Bank of India.
In recent developments, BHIL sold 1.04 crore shares of Bajaj Finserv in H1 FY26, generating an exceptional gain contributing to half-yearly profit after tax of Rs 5,046 crore, and declared an interim dividend of Rs 65 per share; it pursues acquisition of up to 19.95% stakes in Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited from Allianz SE, with Competition Commission of India approval, alongside Jamnalal Sons Private Limited and Bajaj Finserv Limited, and a 50% stake in Bajaj Allianz Financial Distributors Limited. The company boosted stakes in TCS (0.0006%), Mphasis, and Bharti Airtel with investments totaling Rs 29 crore on November 28, 2024, and earlier acquired minor stakes in Reliance Industries (0.0022%) and Tata Consumer Products (0.0052%) in June 2024, reflecting ongoing portfolio diversification amid strong financial performance with consolidated profit after tax rising to Rs 1,559 crore in Q2 FY26.