Hercules Hoists Limited, a Bajaj Group of Company was incorporated in June, 1962. The Company manufactures material handling equipments, such as, Chain Pulley Blocks, Chain and Wire Rope Electric Hoists, Ratchet Hoists, Winches, Traveling Trolleys, Storage & Retrieval Cranes, Roll-out 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.
Apart from these, it offers a diverse range of products and services including manufacturing, sales, distribution and marketing of mechanical hoists, electric chain hoists and wire rope hoists, stackers and storage and retrieval solutions, overhead cranes in the standard and extended standard range, manipulators and material handling automation solutions. The Company is also marketing Shrouded Conductors of AKAPP, in Netherlands.
In 2000-2001, 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 company's 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 J ...V and non-competition 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, Company's 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 2024-25, 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.
FAQs on Hercules Investments Ltd
1. Can I buy Hercules Investments Ltd from PL Capital? ›
Yes, you can invest in Hercules Investments Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Hercules Investments Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Hercules Investments Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Hercules Investments Ltd pay dividends? ›
Hercules Investments Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Hercules Investments Ltd ? ›
As of
19-Feb-2026 , the share price for Hercules Investments Ltd. is ₹ on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Hercules Investments Ltd ? ›
The 52-week high and low of Hercules Investments Ltd share price is ₹ - ₹ as of
19-Feb-2026 , .
