NBCC India
#3330
Rank
$3.89B
Marketcap
India
Country
Mr. Pawan Kumar Gupta (Chairman & MD)
Ms. Baldev Kaur Sokhey (CFO, Director of Fin. & Director)
Ms. Deepti Gambhir (Compliance Officer & Company Sec.)
Summary
History
NBCC was incorporated in 1960 as a wholly owned Government of India enterprise under the erstwhile Ministry of Works, Housing & Supply , which is now known as the Ministry of Housing and Urban Affairs .
In 1977, NBCC started its overseas operations.In 2007, NBCC paid a dividend to the Government of India for the first time and since then, it has been paying a dividend every year. In the year 2008, the Department of Public Enterprises of the Ministry of Heavy Industries and Public Enterprises, through its office memorandum No. 9/2008-GM dated 3 October 2008 accorded the approval of the Ministry of Housing and Urban Affairs upgrading NBCC from a Schedule "B" public sector enterprise to a Schedule "A" public sector enterprise. Subsequently, on 14 October 2008, the NBCC was granted Schedule "A" PSU status.
NBCC launched an IPO in April 2012 and was listed in BSE and NSE. In September 2012, NBCC was granted the Mini Ratna- I status by the Government of India.
The Government of India granted the status of a 'Navratna Company' to NBCC with effect from 23 June 2014. The status of a 'Navratna PSE' made NBCC eligible to invest up to Rs 1,000 crore without the requirement of explicit government approval.
In October 2014, NBCC set up its wholly owned subsidiary NBCC Services Limited . In 2021, NBCC’s order book had projects worth Rs.60,000 Crore.
Mission
Vision
Key Team
Ms. Sunita Purswani (Chief Gen. Mang. of Tech)
Mr. Manas Kaviraj (Exec. Director of Human Resource Management)
Mr. Ram Lal Mehra (Exec. Director of Engineering and Head of Regional Bus. Group - East)
Recognition and Awards
References
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Mr. Pawan Kumar Gupta (Chairman & MD)
Ms. Baldev Kaur Sokhey (CFO, Director of Fin. & Director)
Ms. Deepti Gambhir (Compliance Officer & Company Sec.)