Tel +91-11-23267336 ; 39843340-41
Email : email@example.com
RTA : Skyline Financial Services Private Limited
ISIN No. : INE057F01011
Incorporated in 1885 ( with Regd. Address : Anarkali Lahore ) . Before nationalisation of banks in 1969, PNB Finance & Industries Ltd.was known as " The Punjab National Bank Limited " Its banking business was transferred to present day Punjab National Bank. Share holders of erstwhile " The Punjab National Bank Limited " were given the option of either cash or continue as shareholders of the Company . Majority of non- promoter share holders encashed.
The company renamed PNB Finance And Industries Ltd., then became a closely held Investment Company of the promoters of Punjab National Bank. This group is the renowned SAMIR JAIN GROUP of Times of India fame.
In 1995-1996 , a liberal Rights Issue was made a very nominal premium which was largely subscribed by the promoter group.
PNB Finance & Industries Ltd. has a capital base of Rs.3 crore 20 lakh and has about 3000 shareholders.Chairman is Samir Jain. Other directors are OP Vaish ; Govind Sarup , Dr. Rupesh Mehta ; Ashok Sen ; Mohit Sen and Meera Jain.
PNB Finance And Inds. Ltd. is one of the promoters , holding on consolidated basis , around 19% equity of Bennett, Coleman & Company- the owners of the renowned Times of India Group. Times of India group is asset laden although it has been maintaining a low profile.
Times group had earlier promoted "The Times Bank ". This merged with HDFC Bank. PNB Finance & Industries holds promoters shares of The Times Bank ( now HDFC Bank ) .
Both , Bennett, Coleman & Co. Ltd and HDFC Bank shares' and other very valuable investments' book value appears to be at original cost price.
As per PNB Finance's official consolidated Balance Sheet ( Jacaranda Corporate Services Limited and Punjab Properties Limited are wholly owned subsidiaries of PNB Finance And Industries Limited ), PNB Finance & Inds. Limited holds, inter alia :-
5,810,872 shares of Bennett Coleman And Co. Limited ( Book Value Rs.27 Lakh ).
431,743 shares of HDFC Bank ( Book Value Rs. 275 Lakh )
The official book value of the share ( Rs. 10/- ) is around Rs. 70/-.Dividend 6%.
Financial Year 2009-2010
Gross Profit Rs. 24 cr 32 lakh ( Previous Year Rs. 61 lakh )
Net Profit Rs. 20 cr 28 lakh ( Previous Year Rs. 81 lakh )
Dividend : 6 %
So this share is a collector's ( as different from investors' ) item.
No. of Shareholders : Around 2975
Trading Status of Share - Listed at Delhi Stock Exchange & Calcutta Stock Exchange But - Illiquid
For further study, please consider the following :
It has been worked out that NAV one share of Bennett Coleman And Company is around Re One Lakh .
For every one share of PNB Finance there is in PNB Finance's holding around 2 shares of Bennett Coleman And Co. ( PUNJAB PROPERTIES LIMITED and JACARANDA CORPORATE SERVICES LIMITED are wholly owned subsidiaries of PNB Finance And Industries Limited )
According to reports , some time back the rates at which dealers purchased PNB Finance And Industries Limited shares was @ Rs.2500 + , Latest Rs.3500 - Rs.4000 + Latest 4500 + ( But there are only Buyers and practically no seller )
( In the unofficial trades ,share price of Bharat Nidhi is around 25 % higher than that of PNB Finance And Industries Limited )
Both PNB Finance And Industries Limited and Bharat Nidhi Limited should :-
1 ) Split the Face Value to Re. 1 ( from current Rs. 10 )
2) Be listed in BSE / NSE
Bennett , Coleman And Company Limited , apart from its No. 1 leadership presence in newspapers ( Times of India group ) is , also , a massive Investment Holding Company. Apart from direct investments ( it is the second biggest share holder in HDFC Bank with around 5 % holding ) and cross investments in asset laden group companies like Camac etc., Bennett , Coleman And Co. Limited has around 59 subsidiaries .This gigantic asset holdings is unparalleled in the Indian Corporate Sector.
ON CONSOLIDATED BASIS , PNB FINANCE HOLDS NEARLY TWO SHARES OF BENNETT , COLEMAN AND CO. LIMITED FOR EVERY ONE SHARE OF PNB ( 58 Lakh Shares of Bennett , Coleman And Co. Limited for 32 Lakh shares of PNB Finance )
Consolidated Investments of PNB Finance And Industries Limited
PLEASE CLICK TO ENLARGE
|Camac Commercial Company Limited and Ashoka Viniyoga Limited hold substantial shares of Bennett Coleman And Company Limited|
Bennett , Coleman And Company Limited 's subsidiaries .:-
- Satyam Properties And Finance Ltd.,
- Rajdhani Printers Ltd.,
- Surge Enterprises Ltd.,
- Banhem Estates And I T Parks Ltd.,
- Optimal Media Solution Ltd.,
- 21'st Century Constructions Ltd.,
- Times Journal India. Ltd.,
- Times Business Solutions Ltd.,
- Times Business Solutions RFZLLC (Dubai),
- Suryashankar Properties Ltd.,
- Shuhban Properties Ltd.
- Aadidev Properties Ltd
- Aryabhata Properties Ltd
- Anagha Estates Ltd
- Sushena Properties Ltd
- Vaidehi Estates Ltd
- Zoom Entertainment Network Ltd
- Times Digital Ltd
- Times Yoga Ltd
- Pt Ventures Private Ltd
- Times Goa Media Ltd
- Centre for Excellence in Management Training and Development, brand Equity Treaties Ltd
- Mind Games Shows Pvt. Ltd
- Vardhaman Publishers Ltd
- Vijayanand Printers Ltd
- Times Infotainment Media Ltd
- Mirchi Movies (India) Ltd
- Entertainment Network (India) Ltd. -( " Radio Mirchi " fame ) ( Listed Market Cap : Around Rs.1200 cr )
- Times Innovative Media Ltd
- Alternate Brand Solutions (India) Ltd
- TIML Globle Ltd
- TIML Golden Square Ltd
- TIML Radi Holdings Ltd
- One Golden SquareCreative Ltd
TIML Radio Ltd
- TIML Digital Radio Ltd
- Artha Financial Services Ltd
- Artha Broking Services Ltd
- Artha Comnodities Ltd
- Artha Distribution Services Ltd
- Artha Forex Services Ltd
- Artha Insurance Broking Services Ltd
- Artha Credit Pvt. Ltd
- Times Internet Ltd
- Times Internet INC
- USA,Times Internet (UK) Ltd
- UK,Times Websol Ltd
- Times Mobile Ltd
- a2z Shopping Ltd
- Times of Money Ltd
- Times of Money Inc(USA)
- TimesofMoney UK-PLC(UK) ,
- TOM Global Payment Services Ltd
- Tom Payment Solutions Ltd
- Timesofmoney Financial Services Ltd
- Times Guaranty Limited ( Listed : Market Cap : Around Rs. 70 Cr. )
Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism .
NB :( All information given in good faith. Please check independently. No responsibility with writer/ blog )