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Bajaj to focus on scooter market again
BS Reporter / New Delhi Jan 23, 2009, 00:02 IST

Bajaj Auto, the country’s second largest two-wheeler manufacturer, is planning to strengthen its presence in the ungeared (automatic) scooter market by next year.

The company, which currently has only one ungeared four-stroke 100 cc scooter called Bajaj Kristal DTSi, plans to launch new models in that space next year. “We are interested in the scooter market and will launch new models in the ungeared segment. The brands we are looking at will not be replicas of the Scooty and Activa which are currently available. The core of our scooter offerings will revolve around excitement,” S Shridhar, CEO (two-wheelers) of Bajaj Auto Ltd said.

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He was speaking on the sidelines of the launch of the company’s XCD 135 DTSi motorcycle in the capital on Wednesday. Bajaj, which was once the undisputed leader in the geared segment with such bestselling models like the Chetak and Super, stopped production of these brands 2006 due to plummeting sales and enforcement of stricter emission norms. In 2007, the Pune based manufacturer entered the scooter market again with the launch of the automatic Kristal scooter.

Market sources said the company did not put in enough marketing efforts to promote automatic scooters. “Even the Kristal now sells less than similar products from competitors. The entire energy of the company is being spent on developing and selling motorcycles,” a dealer said.

The emphasis on the scooter segment seems to be well-timed. While motorcycle sales posted a flat growth of 0.30 per cent between April and December 2008, those of ungeared scooters rose by a healthy 8.36 per cent.

This doesn’t mean that the company is going slow on the high-end executive motorcycle segment (125 – 250 cc) in the domestic market. “Our success as a manufacturer of motorcycles rests on having a marketing strategy that is brand-led rather than product-led. It’s rewarding to work on a brand-led strategy,” said Rajiv Bajaj, MD, Bajaj Auto.

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Sorry, comments to this story are closed
Latest Messages
Posted by: yash pal
sir i have icici bajajscooter bonds of 25000 issued redemption date 13-03-2026 face value is rs.25,000/- bond. i want to sell this bond now.
Posted by: Manoj Kumar Agarwal
sir i have icici bajajscooter bonds of 25000 issued redemption date 13-03-2026 face value is rs.25,000/- bond and we are missed the bond so please tell me why i m receive duplicate bonds
Posted by: Nilesh Kumar
sir i have icici bajajscooter bonds of 25000 issued on 13-10-1999,redemption date 13-03-2026 face value is rs.25,000/- bond holder no.0066-319 certificate no.66324. i have received exit options intimations from lotus gilts global inc.Delhi.The Exit Option Form dully signed by me and sent alongwith original bond certificate on 08.04.2011 by speed post and Lotus Gilts Global Inc. has confirmed for receiving the same. But Till date Lotus Gilts Global Inc. has not cleared our payment inspite our repeated request over telphone as well as sent request letter on 27.06.2011.Request, please release my payment.
Posted by: Nandlal R. Talavia
Nandlal Ranchhodbhai Talavia Batarwadi, Chakkargadh Road, At. Amreli 365601 sir i m lost my icici bajaj scooter bonds so plz tell me why i m issued duplicate copy of this bonds
Posted by: Ashok kumar sharma
have ICICI Scooter bond, issue date is 27.07.1999 and redemtion date is 27/12/2025 and face value 25000 , I want to know the current status and market value of this bond, process of redemtion and for that where I have to contact. I also want to know what is the value of this bond till date . kindly confirm. Display Name Email-Id Post your comment
Posted by: ashok kumar sharma
have ICICI Scooter bond, issue date is 27.07.1999 and redemtion date is 27/12/2025 and face value 25000 , I want to know the current status and market value of this bond, process of redemtion and for that where I have to contact. I also want to know what is the value of this bond till date . kindly confirm. Display Name Email-Id Post your comment
Posted by: Rahul Tyagi
I have ICICI Scooter bond, issue date is 23.01.1999 and redemtion date is 23/06/2025 and face value 25000 , I want to know the current status and market value of this bond, process of redemtion and for that where I have to contact. I also want to know what is the value of this bond till date . kindly confirm. Display Name Email-Id Post your comment
Posted by: ankitsachdeva1989
respected sir i have ICICI Scooter bond, issue date is 13.10.1999 and redemtion date is 13/03/2026 and face value 25000 , i want to know the current status and market value of this bond, and i wnat to know the process of redemtion and for that where i have to contact. I also want to know that if i redeem this bound right now then how much money i will get in respect of this bound. kindly give ur valueble suggestions
Posted by: Vivek
Mind problem is same bt little different, i never received that bonds .Now i paid 2000 rupees to lotus gilts global inc. For issuance of duplicate bonds , pls rply i am afraid
Posted by: sumit
sir i have icici bajajscooter bonds of 25000 issued on 29-01-1999 i have received exit options intimations from lotus gilts global inc. is there any authorization to lotus gilts on behalf of icici limited or otherwise and kindly let me know to keep the same scooter bonds till the date of redemption kindly clarify sir.
Posted by: Manoj Agarwal
sir i m lost my icici bajaj scooter bonds so plz tell me why i m issued duplicate copy of this bonds
Posted by: rathod keshubhai
sir i have icici bajajscooter bonds of 25000 issued on 29-01-1999 i have received exit options intimations from lotus gilts global inc. is there any authorization to lotus gilts on behalf of icici limited or otherwise and kindly let me know to keep the same scooter bonds till the date of redemption kindly clarify sir.
Posted by: gurusekharreddy
dear sir,let me know that the status of icici bajajscooter bonds-two issued on 29-01-1999 redemption date 29-06-2023 face value is rs.25,000/- bond holder no.0020-715 certificate no.20716. i have received exit options intimations from lotus gilts global inc. is there any authorization to lotus gilts on behalf of icici limited or otherwise and kindly let me know to keep the same scooter bonds till the date of redemption kindly clarify sir.
Posted by: Harpal Singh
Sir, I had purchased a bajaj scooter (chetak) from Etah near about 1998.At that time there was a scheam to give ICICI Bonds with the purchase of a new Bajaj Scooter. Till date I have not received these Bonds.Plz issue the Original/Duplicate above Bonds in favoure to me. Full Address for correspondence - Harpal Singh 5/206, Masoodabad Road, Raghubirpuri, Aligarh
Posted by: yogeshwar panchal
Sir, I had purchased a bajaj scooter (chetak) from Rajiv atomobiles ltd. A-6,100 ft. road, near durga puri chowk, shahdara Delhi 110094 on 30/12/1999.At that time there was a scheam to give ICICI Bonds with the purchase of a new Bajaj Scooter. Till date I have not received these Bonds.Plz issue the Original/Duplicate above Bonds in favoure to me.
Posted by: ajay belani
dear sir i have ICICI Scooter bond, redemtion date is 13/03/2026, i want to know the current status of this bond, and i wnat to know the process of redemtion . and for that where i have to contact
Posted by: S
Dear sir, i have 1 ICICI Scooter bond, redemption date is 29-06-2023, iwant to know the currant status of this bond , and i want to know the process of redemption . and for that where i have to contact.
Posted by: binishshah
PLESE TELL ME ABOUT ICICI BAJAJ SCOOTER BONDS MY BOND HOLDER NO. 0050-231 CETIFICATE NO. 50232 WHICH IS ISSUED ON 06.08.1999 FACE VALUE IS RS.25000 REDRMMPION DATE 06.01.2026 TENURE 26 YEARS 5 MONTH.
Posted by: Darpan Kurani
Dear sir, i have 1 ICICI Scooter bond, redemption date is 29-06-2023, iwant to know the currant status of this bond , and i want to know the process of redemption . and for that where i have to contact.
Posted by: vaishnani atulkumar
Dear Sir With ref we have sending our new address VAISHNANI ATULKUMAR A. 309-HARI OM APPARTMENT,KRISHNAGAR STREET NO.1,B/H.KHADI UDYOG BHAVAN, RAJKOT - 360 004 PLEASE FIND THIS MATTER & CHANGE OUR POSTAL ADDRESS FOR ICICI BAJAJ SCOOTER BOND-ONE
Posted by: kanchan sharma
sir, i have icici bajaj scooter bond with holder no.- 0001-401 what is its status .
Posted by: SANJAY1964
SIR, ihave icici bajaj scooter bond. i want to know what is the status of this bond and current NAV value in the market &also the process of redemption. thanks.PLS REPLY AS SOON AS POSSIBLE
    Posted by: Ashok Kumar
Sir, Iwant to know the status of icci bajaj boud issued to me on 21.12.1998 vide serial no. 775 distinctive no 773
Posted by: CHIRAG SUTHAR
SIR, ihave icici bajaj scooter bond. i want to know what is the status of this bond and current NAV value in the market &also the process of redemption. thanks.PLS REPLY AS SOON AS POSSIBLE
Posted by: amit jain
SIR, ihave icici bajaj scooter bond. i want to know what is the status of this bond and current NAV value in the market &also the process of redemption. thanks
Posted by: SUBHAS
SIR, ihave icici bajaj scooter bond. i want to know what is the status of this bond and current NAV value in the market &also the process of redemption. thanks
Posted by: SUBHAS
DEAR, I HAVE ICICI BAJAJ SCOOTER BONDS.I WANT TO KNOW WHAT IS THE STATUS OF THIS BOND AND PRESENT NAV IN THE MARKET & ALSO TELL THE PROCESS OF REDEMPTION. THANKS
Posted by: ANKIT
DEAR, I HAVE ICICI BAJAJ SCOOTER BONDS.I WANT TO KNOW WHAT IS THE STATUS OF THIS BOND AND PRESENT NAV IN THE MARKET & ALSO TELL THE PROCESS OF REDEMPTION. THANKS
Posted by: Bhavesh
I have ICICI Bajaj Scooter Bonds. I want to know the status of this bond and its present market NAV.
Posted by: bharatthakur
dears,please dont just close your scooter range after all this is your patranel range of two wheelers,i am waiting for your next scooter range eagerly,want to buy one
Posted by: prakashbhai
We have ICICI Bajaj Scooter Bonds. we want to know the present ststus, Present NAV & procedure for premature redemption.
Posted by: SUNIL1470
We have ICICI Bajaj Scooter Bonds. we want to know the present ststus, Present NAV & procedure for premature redemption.
Posted by: rajbir
We have ICICI Bajaj Scooter Bonds -total 23 certificates, we want to know the present ststus, Present NAV & procedure for premature redemption.
Posted by: sohanpal
Please tell me about NAV of "ICICI BAJAJ SCOOTER BONDS" THREE my bondholder No.0031-705 certificate No. 31706 which is issued on dated 27.07.1999 face value is Rs.25000/- redemption date 27.12.2025
    Posted by: kiritparghi
LET ME KNOW ABOUT ICICI BAJAJ SCOOTER BONDS WHICH IS ISSUED ON 26.04.2000 FACE VALUE IS RS.25000/- REDEMPTION DATE 26.09.2026 TENURE 26 YERARS & 5 MONTH.NO DATA AVAILABLE IN ICICI BANKS. & YOUR OTHER ICICI SITE.ITS SHOCKING NEWS FOR ORGANISATION. MY BOND HOLDER NO. 0082-022 ,CERTIFICATE NO. 82311 & NAME OF BONDHOLDER KIRITKUMAR DEVJIBHAI PARGHI,DISTICTIVE NO. 81984-81984
Posted by: PremalShah
LET ME KNOW ABOUT ICICI BAJAJ SCOOTER BONDS WHICH IS ISSUED ON 13.10.1999 FACE VALUE IS RS.25000 REDEMPTION DATE 13.03.2026 TENURE 26 YEARS 5 MONTH. NO DATA AVAILABLE IN ICICI BANKS. ITS SHOCKING NEWS FOR ORGANISATION.
Posted by: mohdraieskhan
present value of bond no 0036-160
Posted by: BHOJRAJ
PLESE TELL ME ABOUT ICICI BAJAJ SCOOTER BONDS MY BOND HOLDER NO. 0065-583 CETIFICATE NO. 65588 WHICH IS ISSUED ON 13.10.1999 FACE VALUE IS RS.25000 REDRMMPION DATE 13.03.2026 TENURE 26 YEARS 5 MONTH.
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