Peerless Group

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Peerless Group
Sunil Kanti Roy (1944-2022), Managing Director[2]
Total assetsRs 2,500 crore[3]
SubsidiariesPeerless General Finance & Investment Company Ltd[4]

Peerless Group is an Indian business conglomerate headquartered in Kolkata, West Bengal. It was established in 1932 by industrialist Radhashyam Roy (then a School Teacher) in Narayanganj, Bangladesh.[3][5]

Its major holding company is Peerless General Finance & Investment Co Ltd, which is the India's Registered Residuary Non-banking Company. It has subsidiaries like

Peerless Hospital,[6] Bengal Peerless (real estate), Kaizen Holidays, Peerless Hotels, Peerless Sports Club
and Peerless Securities.


The Peerless Insurance Company Limited was founded in Narayanganj, Bangladesh by Radhyashyam Roy in 1932, soon after he was joined by his friend K. K Chatterjee and they started Provident Fund, with an investment of Rs. 20,000. The company shifted base to Calcutta (now Kolkata) in 1935, which led to rapid increase in its fortunes.[1]


  1. ^ a b Roy, p. 242
  2. ^ "The New Face of Peerless". Times of India. 13 February 2012. Archived from the original on 4 March 2016. Retrieved 29 February 2016.
  3. ^ a b "Peerless shelves JV plan in MF venture". The Economic Times. 11 February 2011.
  4. ^ "Non-finance business to drive growth of Peerless Group". The Hindu. 28 October 2017.
  5. ^ "Peerless Group chalks out fresh roadmap". The Hindu. 14 December 2007.
  6. ^ "Peerless Hospital Official Website".