Hercules Investments Share Price

Hercules Investments Limited, formerly known as Hercules Hoists Limited, a Bajaj Group of Company was incorporated in June, 1962. Pursuant to the Scheme of Demerger, name of the Company has changed from Hercules Hoists Limited to Hercules Investments Limited dated September 19, 2025. The Company is an unregistered Core Investment Company (CIC) and is primarily engaged in investment and financing activities. HIL maintains a diversified portfolio comprising equity investments in listed group companies, along with holdings in mutual funds across various sectors.Initially, the Company was engaged in manufacture of material handling equipments, such as, Chain Pulley Blocks, Chain and Wire Rope Electric Hoists, Ratchet Hoists, Winches, Traveling Trolleys, Storage Retrieval Cranes, Rollout Racks, Light Profile Crane Systems, Pulling and Lifting Machines, H.O.T./E.O.T./Jib Cranes, Floor Operated Stacker Cranes and Stores Stacker Cranes. In 20002001, the company completed the development of new range of Chain Electric Hoists and Ratchet Lever Hoists. Both the products are expected to do well in the export and domestic market. The company is also developing new range of Wire Rope Electric Hoists jointly with M/s Bull S.r.l., Italy. With effect from February 1, 2001, the companys agreement with M/s Batliboi Ltd for the 50:50 Joint Venture marketing company Indef Marketing Services Ltd was terminated and Hercules Hoists bought over their 100000 shares at the face value of Rs.10.00 and paid a compensation of Rs.1 crore towards exiting from the JV and noncompetition by them for a period of five years. Thus the Indef Marketing Services become a wholly owned subsidiary of the company with effect from 23rd March 2001.M/s. Indef Marketing Services Limited, Companys subsidiary was amalgamated with the Company during the year 2005. The Company commissioned a new business of Wind Energy in Dhule District of Maharashtra and resulting to this, the turbines became operative from 25 March, 2005. The fourth Windmill was installed in July, 2006 in Dhule, which increased the installed capacity to 5 MW.In FY 202425, the manufacturing operations of the Company was demerged/ transferred to its wholly owned subsidiary, Indef Manufacturing Limited (IML) through the Scheme of Arrangement for Demerger. The said approval Scheme became effective from September 30, 2024. Post demerger, Company carried on the investment business. Under the Scheme, shareholders of the Company were allotted shares of Indef Manufacturing Limited in the ratio of 1:1.