Ingersoll-Rand (India) Ltd
NSE: INGERRAND BSE: 500210
₹4006.40
(-1.08%)
Wed, 04 Mar 2026, 04:06 pm
Market Cap126.19B
PE Ratio48.85
Dividend2.00
Producer Manufacturing
Trucks/Construction/Farm Machinery
24.5KCompany History
1921
- The Company was incorporated on 1st December as a private limited company under the name of Ingersoll-Rand (India) Ltd.
1965
- The Company commenced its manufacturing activities at Naroda, Ahmedabad in Gujarat.
1973
- The initial capital of the Company was Rs 1,00,000.
- In 1938, Rs 2,00,000 was capitalised as bonus shares in the proportion 2:1.
- In 1939, Rs 1,00,000 was capitalised as bonus shares in the proportion 1:3.
1977
- The Company became a limited company on 18th July.
- The object of the public issue of capital was to reduce foreign equity holding and raise finance for the expansion of the Bangalore project.
- 6,90,000 bonus shares were issued in the proportion 69:4.
- 2,56,250 shares were issued at a premium of Rs 22.50 per share.
1978
- The Company set up a new plant at Bangalore for the manufacture of down the hole hammer drills, blast hole water-well drills, hard held light drills, carset bits, and heavy duty blast hole drills.
1979
- 9,86,500 Bonus shares were issued in the proportion 1:1.
1982
- 19,73,000 Bonus shares were issued in the proportion 1:1.
1986
- 39,46,000 Bonus shares were issued in the proportion 1:1.
1989
- 78,92,000 Bonus shares were issued in the proportion 1:1.
1998
- Ingersoll-Rand Co., U.S.A. held 233,60,000 equity shares of the Company.
- Ingersoll Rand was the largest player in the domestic compressor and pumps industry.
- The company's stocks were listed on the stock exchanges.
1999
- Ingersoll Rand successfully developed new markets in South Africa and Israel.
- Ingersoll Rand became completely debt free.
- The company was a leading manufacturer of foundry chemicals.
2003
- Mr. Robert M Harrison resigned as Director.
- Mr. Tracy Darland resigned as Director.
- Mr. Chin Wah Ying was appointed as Director.
- Mr. David Rowles was appointed as Director.
2004
- Mr. Daljit Mirchandani was elected as Vice-Chairman of the Karnataka chapter of the Confederation of Indian Industry.
- Mr. David Regnery was appointed as a director of the Company.
2005
- The Registered Office of the Company was shifted to Plot No. 7 & 8, Phase 1, Peenya Industrial Area, Bangalore.
2007
- The Registered Office of Ingersoll-Rand (India) Limited was changed to a new address in Bangalore.
2009
- The Board of Directors appointed Mr. Venkatesh Valluri as an Additional Director.
2010
- The company recommended a final dividend of Rs. 3/- per share.
- Ingersoll Rand announced a new greenfield manufacturing facility in India.
2011
- Ingersoll Rand appointed Paparao Kodali as Vice President & General Manager of Engineering and Technology Centers in India.
- Ingersoll Rand launched technology convergence solutions.
- Ingersoll Rand launched the 'Entrepreneur Creation Program'.
- Ingersoll Rand launched a corporate advertising campaign in India.
- Ingersoll Rand announced the launch of its Cold Chain Consulting business.
2012
- Ingersoll Rand launched residential solutions in India under its Trane Brand.
- Ingersoll Rand was named to the 2012 Dow Jones Sustainability World and North America Indexes.
- Ingersoll Rand supported the rejuvenation of the Uttarahalli Lake in South Bangalore.
2013
- Ingersoll-Rand (India) Ltd. inaugurated a new green field manufacturing plant near Chennai.
- The Board of Directors appointed Mr. G. Madhusudhan Rao as the Vice President.
2014
- Ingersoll-Rand (India) Ltd. announced a strategic investment of INR 100 crores in its Naroda manufacturing facility.
2015
- Ingersoll-Rand (India) Ltd. entered into a termination pact with Ingersoll Rand Climate Solutions Pvt Ltd and discontinued operations at its Chennai plant.
- Ingersoll-Rand (India) Ltd. acquired Cameron Centrifugal Compression division.
2017
- Gardner Denver announced the pricing of its Initial Public Offering.
- Gardner Denver announced that it will acquire LeROI Compressors.
2019
- Gardner Denver announced that it has agreed to combine with Ingersoll Rand's Industrial Segment to create a global leader in mission-critical flow creation and industrial technologies.
- Gardner Denver Holdings, Inc. made an open offer for acquisition of up to 8,207,680 equity shares of Ingersoll-Rand (India) Limited.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800