NBCC (India) Ltd Share Price NBCC


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Company Secretary Deepti Gambhir
Director (Commercial) Rajendra Chaudhari
Director (Projects) Neelesh M Shah
Nominee (Govt) K Sanjay Murthy
Independent Director Jyoti Kiran Shukla
Nominee (Govt) Shyam Sunder Dubey
Director (Finance) B K Sokhey
Chairman & Managing Director P K Gupta

NBCC (India), formerly National Buildings Construction Corporation Ltd, is a blue-chip Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The companys present areas of operations are categorized into three main segments, i.e. Project Management Consultancy (PMC), Real Estate Development and EPC Contracting. NBCC has been executing many Landmark Projects as a PMC which contributes to about 90% of its annual revenue. The segment being the companys core strength, the areas covered under its umbrella include Re-development of government properties, Roads, Hospitals & Medical Colleges, Institutions, Offices, Airports, Bridges, Industrial & Environmental Structures etc. NBCC has been operating in Infrastructure Segment as well called EPC, wherein it has been executing projects such as Chimneys, Cooling Towers, and various types of Power Plant Works.National Buildings Construction Corporation Ltd was incorporated on November 15, 1960 as private limited company. The company was established as a wholly owned Government of India undertaking under the erstwhile Ministry of Works, Housing & Supply (MoWHS), which is now known as the Ministry of Urban Development (MoUD). The Government of India currently holds 73.69% stake in NBCC (India) (as on 30 June 2018). In May 24, 2011, the company was converted into a public limited company.In October 14, 2008, the Government granted Schedule A PSU status. They have also been awarded ISO 9001:2008 from the Bureau of Indian Standards in respect of their consultancy and project management division. They have also received Excellent rating from MoUD for each of the Fiscal years from 2004 to 2010 and Ministry of Heavy Industries & Public Enterprises has awarded them with an Excellence Award. Further, in 2011, for one of their PMC projects, they were awarded an Appreciation Shield for quality and timely completion of NSEZ Noida Project by the Ministry of Commerce & Industry and the Development Commissioner, NSEZ. The company successfully completed 43 PMC projects in India from during the period April 01, 2006 - January 31, 2012. They successfully completed 11 of civil infrastructure for power sector projects for the power sector during the period April 01, 2006 - January 31, 2012. As of January 31, 2012, the company successfully completed 8 real estate development projects. They have in hand 4 residential Ongoing Projects, 6 residential Forthcoming Projects and 3 commercial Ongoing Projects and 6 Forthcoming Projects.In March 2012, the company came up a (IPO) Initial public issue of 12000000 shares through Book Building for listing in stock exchanges. The companys IPO oversubscribed 4.93 times on final day of subscription and got listed at stock Exchanges BSE and NSE on 12th April 2012.The company has been granted Mini Ratna category - I status on the basis of its performance upon fulfiling the criteria prescribed by department of public enterprises during the year under reviewIn 2013, the company won various prestigious awards such as- Real Estate Awards 2013, Engineering Excellence Award 2013, Special Jury Governance Now PSU Awards 2013. etc. In 2014 the company won various awards like India Public Sector Enterprises Awards for Excellence-2014, NAREDCO NATIONAL REAL ESTATE AWARD 2014, Dun & Bradstreet Infra Awards 2014 etc. During the year, the company was conferred the Navratna status. In 2015, the company signed MOU with DDA for development of East Delhi Hub at Karkardooma. The company also signed project specific MoU with NAWADCO. The company was bestowed with International Excellence Award and also got award for its Green Buildings initiatives and also awards for Business Excellence and Housing Innovation Excellence.On 15 December 2015, National Buildings Construction Corporation announced the formation of a wholly owned subsidiary company in the name and style of NBCC Engineering & Consultancy Limited to provide engineering and consultancy services of all kinds related to construction and development of all types of buildings (residential, commercial, industrial etc.), infrastructure and other conveniences including smart city projects.The Board of Directors of National Buildings Construction Corporation at its meeting held on 11 March 2016 inter-alia considered and approved the proposal for the splitting of one equity share of face value of Rs 10 each into five equity shares of face value of Rs 2 each.On 19 March 2016, National Buildings Construction Corporation announced that the Board of Directors of the company has accorded in-principle approval for takeover of Hindustan Steelworks Construction Limited (HSCL) after restructuring its balance sheet inter alia involving waiver of government loans with interest upto the date of takeover and providing further contribution for contingent liabilities and payment of other liabilities including bank loans.The name of the company was changed from National Buildings Construction Corporation Limited to NBCC (India) with effect from 23 May 2016. Ministry of Corporate Affairs, Govt. of India, vide Rule 29 of the Companies (Incorporation) Rules 2014 on 23 May 2016 issued Certificate of Incorporation to the company pursuant to the change of name.Goa Shipyard Ltd. signed Memorandum of Agreement (MOA) with NBCC (India) on 8 August 2016 for assigning the work for construction of Office Building for Mine Counter Measure Vessels (MCMV) and additional space in the Yard of Goa Shipyard. , Goa valuing Rs 100 crore.The Board of Directors of NBCC (India) at its meeting held on 4 January 2017 recommended issue of bonus shares in the ratio of 1 bonus share for every two equity shares held on record date. Fair Trade Regulator, Competition Commission of India (CCI) at its meeting held on 31 March 2017 approved the proposal of NBCC (India) to acquire Hindustan Steelworks Construction Ltd. (HSCL). The Board of HSCL allotted Rs 35.7 crore equity share capital to NBCC on 1 April 2017. With this acquisition, NBCC shall add a new vertical to its Business operation enriching its portfolio further and in turn, further reinforce its position as a leading construction company of the country. It can be recalled that in May, 2016, the Cabinet had approved the proposal for restructuring of HSCL and subsequently its takeover by NBCC (India). HSCL was incorporated in 1964 under the aegis of Steel Ministry for undertaking construction work related to steel plants. It is presently engaged in construction of buildings and infrastructure besides steel plants and has also forayed into certain activities in the mining sector.On 19 April 2017, NBCC (India) Ltd. and Bolix, SA of Poland signed a Memorandum of Business Exploration (MOBE) for jointly promoting, developing and adopting External Thermal Insulation and Composite Systems (ETICS) Solutions Technology in construction of highly energy efficient green/smart buildings in India. ETICS Technology is a robust and long lasting building energy performance solution developed to current standards over the last 40 years. On 6 July 2017, NBCC (India) announced that it has incorporated a wholly owned subsidiary namely NBCC International Limited to carry out the construction, real estate and project management consultancy business in overseas countries. On 12 July 2017, NBCC (India) announced that it has incorporated a wholly owned subsidiary namely NBCC Environment Engineering Limited to carry out the business in the field of environment and sustainability. The Board of Directors of NBCC (India) Ltd. at its meeting held on 13 February 2018 recommended splitting of the companys equity shares of Rs 2 each into two equity shares of the face value of Rs 1 each subject to the approval of the shareholders of the company. On 18 March 2018, NBCC (India) Ltd. announced its diversification into the Road construction space. The company signed an initial agreement with Ecotourism Development Corporation of Uttarakhand Ltd (EDCUL) to construct an eco-tourism circuit along Kotdwar-Ramnagar Kandi Road in the State of Uttarakhand. The 50 km four lane highway road project will be partly straight road and partly elevated road, like flyover/bridge etc., to allow for free movement of wild animals underneath. The project will be developed under Green Infrastructure/Green Road Model and is estimated to cost Rs 2000 crore.On 16 June 2018, NBCC announced that it has submitted bid in response to the invitation by Department of investment and Public Asset Management (DIPAM), Government of India for strategic disinvestment of HSCC (India) Limited (HSCC) and Engineering Projects (India) Limited (EPIL).On 28 June 2018, NBCC informed the stock exchanges that it has sold office space measuring 27,769 sq .ft at NBCC Centre, Okhla, Phase-1, New Delhi to M/s Balmer Lawrie & Co. for a total value of Rs 83.31 crore. The Profit margin available to NBCC against the said deal will be approximately Rs 55 crore.


NBCC Bhawan,
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Tell. : +91-11-43591555
Website : http://www.nbccindia.gov.in
Email : info.nbcc@nic.in / co.sectt@nbccindia.com


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