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.
IITL PROJECTS LIMITED , a BSE listed Company was acquired by
IITL in the year 2008, which is engaged in Infrastructure and Real Estate business.
Currently it is developing an affordable residential project in Greater Noida
with good amenities like health club, swimming pool and jogging track. IGPL also
provides consultancy services in real estate and construction.