Bajaj Holdings & Investment Limited

Company Profile

Bajaj Holdings & Investment Ltd (BHIL) (formerly known as Bajaj Auto Ltd) is an India-based company. The company is acting as a primary investment company and focusing on new business opportunities. BHIL holds strategic stakes of 33.43% in Bajaj Auto Ltd. (BAL) 39.29% in Bajaj Finserv Ltd. (BFS) and 51% in Maharashtra Scooters Ltd. (MSL). BHIL is essentially an investment company. Its focus is on earning income through dividends interest and profits on investments held. It is largely dependent on the equity and debt markets for its income.

Bajaj Auto Limited (erstwhile known as Bachhraj Trading Corporation Pvt Ltd) was incorporated in the year 1945 for manufacturing scooter. Bajaj Holdings & Investment Ltd. (‘BHIL’ or ‘the Company’) came into existence post the demerger of erstwhile Bajaj Auto Ltd. into three entities – Bajaj Auto Ltd., Bajaj Finserv Ltd. and the erstwhile Bajaj Auto Ltd. (renamed as Bajaj Holdings & Investment Ltd.), with effect from 1 April 2007.

The combined market capitalisation of the three entities stood at Rs. 234,352 crore as on 31 March 2019 compared to just Rs. 24,542 crore as on 31 March 2007 of erstwhile Bajaj Auto Ltd. – an increase to almost ten times in twelve years. The demerger truly resulted in unlocking of shareholder value. The combined annualised return of the three companies post demerger is 20.7% compared to 9.5% of Sensex for the corresponding period.

Promoter – Directors

Corporate Social Responsibility

‘Society must profit from profit itself’. That’s what our group’s founding father was committed to. That is what we are committed to today. That’s what we will continue to do in the future. Our Group’s CSR activities are guided by the vision and philosophy of our founding father, Shri Jamnalal Bajaj, who embodied this value in our business and laid the foundation for finding numerous ways to give back to the ecosystem we are a part of.

‘Social empowerment’ is at the heart of all our CSR activities. We work with various partners to make good quality services—be it healthcare, or education, or training for employability — accessible and affordable to all sections of society. We believe this helps individuals to unlock and activate their true potential.

Through its social investments, Bajaj Group addresses the needs of communities residing in the vicinity of its facilities, taking sustainable initiatives in the areas of health, education, water, environment conservation, infrastructure and community development and response to natural calamities. For society, however, Bajaj is more than a corporate identity. It is a catalyst for social empowerment. It is the reason behind the smiles that light up a million faces.

Our focus areas

Healthcare – Malnutrition Number of lives impacted: 3,50,000
The prevalence of underweight children in India is among the highest in the world with dire consequences for mobility, mortality, productivity and economic growth. This issue is addressed through Bajaj Holdings & Investment Limited covering several villages in Palghar, Nandurbar, Gadchiroli, Amravati, Banswara, Udaipur, Nainital and Almora.

Education – Number of lives impacted: 5,000 children
We work with several partners to support projects like construction of buildings for school children, training centres and their transportation facilities. We hope to provide an equal opportunity for all children to access education and shape a better future for themselves.

Employability – Number of lives impacted: 10,000
Bharatiya Yuva Shakti Trust (BYST) : Youth Entrepreneurship Development Program
BYST fosters the Entrepreneurial Dreams of underprivileged Youth between the age of 18-35 years in India, thereby, turning job seekers into job creators. A unique feature of the BYST program is that each entrepreneur is assigned a mentor, drawn from the industry, who gives voluntary personalized advice and support.

For more info please visit the Bajaj Holdings & Investment Limited [(BHIL) website.

Maharashtra Scooters Limited (MSL)

Maharashtra Scooters Limited (MSL) was incorporated as a joint-venture company in the year 1975, promoted by Bajaj Auto Ltd and WMDC (a Government of Maharashtra undertaking) for manufacturing geared scooters. “Priya” , “Bajaj Super” and  “Bajaj Chetak” were few of the famous brands of MSL. The company discontinued production of geared scooters in 2006. Currently, the Company is engaged in the business manufacturing dies, Jigs, fixtures and die casting components primarily for automobiles industry etc.

Now Maharashtra Scooters Limited is a subsidiary of Bajaj Holdings and Investment Limited (BHIL) as Joint Venture partner WMDC Ltd, a Government of Maharashtra undertaking, transferred its 27% stake in Maharashtra Scooters Ltd to BHIL.

Maharashtra Scooters is holding and investment Company, having investment in Bajaj Holdings & Investment Limited, Bajaj Auto Limited, Bajaj Finance Limited and Bajaj Finserv Limited.

Sanjiv Bajaj - Promoter-Director of Bajaj Sevashram Private Limited

Sanjiv Bajaj
Promoter – Director

Corporate Social Responsibility

The core elements of CSR are the continuing commitment by business to ethical principles, protection of human rights and care for the environment, while improving the quality of life of all the stakeholders including the local community and society at large.

It is Company’s conscious strategy to design and implement social investments / CSR programs, by enriching value chains that encompass the disadvantaged sections of society, especially those residing in rural India, through economic empowerment based on grass-root capacity building.

The company has been instrumental in promoting the need and necessity of basic education to weaker and underprivileged section of society, especially in satara district and striving to achieve its CSR policy goals not only in letter but by spirit also and hence, building/constructing Computer labs, Digital classrooms, High school building at various locations in satara district of Maharashtra.

Product /Services

The Company is engaged in the business manufacturing dies, Jigs, fixtures and die casting components primarily for automobiles industry etc.

For more info please visit the Maharashtra Scooters Limited website.

Bajaj Sevashram Private Limited

Bajaj Sevashram Private Limited was established in 1953 to Market & Sell hair oil and other beauty products. Manufacturing division was demerged in 2001 and transferred to Bajaj Consumer Care Ltd. Company is now Core Investment Company and having investment in Bajaj Group Listed Companies.

Rahul Bajaj - Promoter-Director of Bajaj Sevashram Private Limited

Rahul Bajaj
Promoter – Director

Shekhar Bajaj - Promoter-Director of Bajaj Sevashram Private Limited

Shekhar Bajaj
Promoter – Director

Niraj Bajaj - Promoter-Director of Bajaj Sevashram Private Limited

Niraj Bajaj
Promoter – Director

Sanjiv Bajaj - Promoter-Director of Bajaj Sevashram Private Limited

Sanjiv Bajaj
Promoter – Director

Jamnalal Sons Private Limited

Jamnalal Sons Private Limited was incorporated on 05/03/1938 and was Managing Agent of various Bajaj Group Companies during 1960-1970. Company is NBFC Core Investment Company and having investment in all Bajaj Group Listed Companies.

Niraj Bajaj - Promoter-Director of Jamnalal Sons Private Limited

Niraj Bajaj
Promoter – Director

Sanjiv Bajaj - Promoter-Director of Jamnalal Sons Private Limited

Sanjiv Bajaj
Promoter – Director

Bachhraj & Company Private Limited

Bachhraj & Company Private Limited was incorporated on 12/01/1927. Company was managing agent for Bajaj Hindustan Sugar Ltd during 1955-1972. Company is Non-Banking Finance Company registered with Reserve Bank of India. Company is having investment in various Bajaj Group Listed Companies.

Niraj Bajaj - Promoter-Director of Bachhraj & Company Private Limited

Niraj Bajaj
Promoter – Director

Sanjiv Bajaj - Promoter-Director of Bachhraj & Company Private Limited

Sanjiv Bajaj
Promoter – Director

Bachhraj Factories Private Limited

Bachhraj Factories Private Limited was incorporated on 27/08/1926 and continued ancestral  Business of ginning and pressing of cotton at Wardha. Company is having investment in various Bajaj Group Listed Companies.

Shekhar Bajaj - Promoter-Director of Bachhraj Factories Private Limited

Shekhar Bajaj
Promoter – Director

Sanjiv Bajaj - Promoter-Director of Bachhraj Factories Private Limited

Sanjiv Bajaj
Promoter – Director

Baroda Industries Private Limited

Baroda Industries Private Limited was incorporated on 14/02/1941. Company is NBFC Core Investment Company and having investment in all Bajaj Group Listed Companies.

Niraj Bajaj - Promoter-Director of Baroda Industries Private Limited

Niraj Bajaj
Promoter – Director

Minal Bajaj - Promoter-Director of Baroda Industries Private Limited

Minal Bajaj
Promoter – Director

Other Bajaj Group Investment Companies

Sanraj Nayan Investments Pvt. Ltd.
Kamalnayan Invt. & Trading Pvt. Ltd.
Rahul Securities Pvt. Ltd.
Rupa Equities Pvt. Ltd.
Shekhar Holdings Pvt. Ltd.
Madhur Securities Pvt. Ltd.
Niraj Holdings Pvt.Ltd.