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Industrial Investment Trust Ltd.

BSE: 501295 Sector: Financials
NSE: IITL ISIN Code: INE886A01014
BSE LIVE 15:02 | 18 Sep 78.90 1.80
(2.33%)
OPEN

79.00

HIGH

79.75

LOW

74.15

NSE 15:41 | 19 Sep 77.00 -1.00
(-1.28%)
OPEN

77.95

HIGH

78.00

LOW

77.00

OPEN 79.00
PREVIOUS CLOSE 77.10
VOLUME 622
52-Week high 99.30
52-Week low 66.50
P/E
Mkt Cap.(Rs cr) 178
Buy Price 75.25
Buy Qty 20.00
Sell Price 78.90
Sell Qty 98.00
OPEN 79.00
CLOSE 77.10
VOLUME 622
52-Week high 99.30
52-Week low 66.50
P/E
Mkt Cap.(Rs cr) 178
Buy Price 75.25
Buy Qty 20.00
Sell Price 78.90
Sell Qty 98.00

Industrial Investment Trust Ltd. (IITL) - Company History

Industrial Investment Trust Limited (IITIL) is an investment company. The Companys principal activities include investment in equity shares, quoted, as well as unquoted, units of mutual funds, fixed deposits with banks and inter-corporate deposits. The Company operates in three segments: Investment activities, Consultancy Services and Brokerage Services.The Companys other subsidiaries include IIT Investrust Limited (IITIL), Indo Green Projects Limited (IGPL) and IIT Insurance Broking and Risk Management Private Limited (IIBRMPL). IGPL is engaged in real estate and infrastructure-related activities. Industrial Investment Trust Limited (IITL), promoted in 1933 as an investment company, has been listed on the Bombay Stock Exchange since incorporation. IITL sought to provide its shareholders an expert advice on investment portfolio. Original subscribers to the paid up capital included prominent members of the financial community in India and England, including Insurance Companies such as Pearl, Prudential, United and Oriental and some of the most princely families in India. IITL obtained Certificate of Registration from Reserve Bank of India in the year 2000 to carry on as a Non Banking Financial Company (NBFC) without accepting Public Deposits. The main objectives of the holding company are to carry on the business as an Investment Company and to invest in shares, stock, debentures and bonds. The Company also undertakes activities such as Private Equity and Margin Funding and holds prime properties. The Company has been consistently paying dividend to the shareholders over the years and also made Bonus Issue three times. During the fiscal year ended March 31, 2010, the Company incorporated a wholly owned subsidiary, IIT Media and Entertainment Private Limited (IMEPL) for conducting the business of media and entertainment.