- CEO
- Gaurav Swarup
- Full Time Employees
- 1
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- Paharpur House Kolkata WB India 700027
- IPO Date
- Aug 4, 2005
- Business
- Industrial & Prudential Investment Company Limited Industrial & Prudential Investment Company Limited (INDPRUD.BO), founded in 1913 and headquartered in Kolkata, West Bengal, operates as a non-systematically important non-deposit taking non-banking finance company (NBFC) focused on long-term equity investments for stakeholder value creation. The company maintains a zero-debt profile and manages an equity investment portfolio through its wholly owned subsidiary, New Holding & Trading Co. Ltd.; its primary activities encompass holding and trading listed and unlisted equity shares, with investments concentrated in promising businesses across various sectors in India. It serves institutional and retail investors indirectly through its portfolio, with operations centered in India and listed on the Bombay Stock Exchange under code 501298.
Recent developments include the declaration of a dividend of INR 90 per share in September 2024, paid in October 2024, reflecting a healthy payout ratio of around 28%; the company held its 107th annual general meeting in 2023 and an extraordinary general meeting in February 2022, alongside reporting audited financial results for the year ended March 31, 2023. In 2020, Industrial & Prudential Investment Company Limited executed a share buyback program; it also shifted its registered office to Paharpur House, 8/1/B Diamond Harbour Road, Kolkata, in 2016 following regulatory approvals. The firm continues to prioritize debt-free growth, with consolidated profits reaching INR 60 crore for the fiscal year ended March 2025 and a market capitalization of approximately INR 1,115 crore as of recent trading.