About NBCC (India) Ltd
Over the years, NBCC has earned a solid reputation for its ability to handle large-scale projects. It has done projects like the redevelopment of government properties and other major infrastructure projects.
NBCC plays a crucial role in the construction and infrastructure sector. Founded in 1960, the company brings over six decades of experience to the table. Its headquarters is based in New Delhi, India. The Ministry of Housing and Urban Affairs, Government of India, remains the key promoter of NBCC.
The company's main offerings include project consultancy, construction services, and real estate development. NBCC has worked on many notable projects, such as the redevelopment of Pragati Maidan and several other properties.
However, NBCC is not the largest player in terms of market share or market capitalization. Still, it holds an important position in the industry due to its status as a Navratna enterprise. Its portfolio is filled with impressive projects, which adds to its credibility and strength in the market.
The Indian government holds about 61.75% of NBCC's shares, demonstrating its significant control over the company. The company's registered office is located at NBCC Bhawan, Lodhi Road, in New Delhi. NBCC is run by a group of highly skilled professionals, with Sh. K P M Swamy serves as the Chairman and Managing Director. The registrars for NBCC are situated in New Delhi as well. Here is a list of their top managing promoters -
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K P Mahadevaswamy
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Saleem Ahmad
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Sumar Kumar
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Rajeev Kumar
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Bhimrao Panda Bhosale
NBCC continues to be a driving force in India's infrastructure development. It has made strides by leveraging its experience and expertise to execute projects of national importance.
The History of NBCC (India) Ltd
NBCC (India) Ltd, originally named National Buildings Construction Corporation, has a long and rich history that dates back to its establishment in 1960. It is a public sector enterprise under the Ministry of Housing and Urban Affairs, Government of India. NBCC was created to take on civil engineering projects, particularly for the public sector. Over the years, NBCC has grown and evolved into a major player in India’s construction and infrastructure sector.During its early days, NBCC focused on building residential and commercial complexes, as well as key infrastructure projects. Thanks to the company’s strong reputation, it quickly became a trusted partner for government departments. A key highlight from this period was the construction of the Jawaharlal Nehru Stadium in New Delhi. It was a project that was completed in 1982 for the Asian Games.
In the 1990s, NBCC underwent a phase of diversification and expansion. The company got into project management consultancy (PMC) and real estate development. This strategic shift allowed NBCC to broaden its services and tap into new opportunities. It also enabled the company to leverage its expertise to offer more comprehensive services to its clients. Around this time, NBCC began to take on international projects as well. This helped the company expand its reputation and footprint beyond Indian borders.
The early 2000s marked another period of significant transformation for NBCC. The company introduced new business models and practices. These included the adoption of the Engineering Procurement & Construction (EPC) model. This new approach allowed NBCC to handle turnkey projects, delivering end-to-end solutions to its clients. During this time, NBCC also took on several high-profile projects. It redeveloped government properties and constructed modern infrastructure facilities across India.
A major milestone in the company’s history came in 2012 when NBCC was listed on the stock exchanges. The company’s initial public offering (IPO) was a major success, showcasing the market's confidence in the company's future. Going public not only gave the company more capital to fuel its growth but also increased its visibility and credibility in the industry.
In recent years, NBCC has continued to expand its operations and take on landmark projects. Some of the most notable recent projects include the redevelopment of Pragati Maidan in New Delhi. It also did the construction of campuses for the Indian Institutes of Management (IIM), and the redevelopment of government housing colonies in Delhi. NBCC has also been instrumental in the execution of several key government initiatives, such as the Smart Cities Mission and the Swachh Bharat Abhiyan (Clean India Mission).
Throughout its history, NBCC has stayed true to its core values of quality, integrity, and customer satisfaction. These principles have played a key role in the company’s success and growth. Its strong leadership team and skilled workforce have helped the company become a driving force in India's construction and infrastructure sector.
As the company looks to the future, NBCC remains committed to exploring new opportunities in the sector. With its rich history and proven track record, NBCC is well-positioned to continue shaping the built environment of India for many years to come.
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