Jindal Drilling & Industries Ltd
NSE: JINDRILL BSE: 511034
₹445.30
(-1.63%)
Wed, 04 Mar 2026, 10:57 pm
Market Cap12.92B
PE Ratio5.45
Dividend0.22
Industrial Services
Contract Drilling
24.5KCompany History
1983
- The Company was incorporated on 17th October.
- The Certificate of Commencement of Business was obtained on 29th October.
- The Company was promoted by D P Jindal.
1984
- 70 shares were subscribed for by the signatories to the Memorandum of Association.
- 1,49,930 shares were taken up by promoters.
- 1,50,000 shares were reserved for firm allotment to promoters.
- 50,000 shares were reserved for allotment to business associates and employees of the company on a preferential basis.
- 6,50,000 shares were offered at par for public subscription during February/March 1984.
1985
- The Company changed its name to Jindal Drilling and Leasing Ltd.
1989
- The Company changed its name to Jindal Drilling & Industries Ltd.
1993
- The Company offered 10,00,000 partly convertible debentures of Rs 130 each on a right basis to existing shareholders.
- Another 26,000 debentures were offered to employees.
1994
- 25,00,000 equity shares were issued on conversion of 2,50,000 cumulative convertible preference shares.
2003
- The Company approved the issue of bonus shares in the ratio of one equity share for every one share held.
- The Record Date for determining the entitlement of members for issuing equity shares as bonus shares was fixed as January 2, 2004.
2007
- Jindal Drilling & Industries Ltd secured a contract worth Rs 130 crore for three years on firm basis for charter hire of directional drilling equipment and services by ONGC Ltd.
2008
- The Company split its face value from Rs 10 to Rs 5.
- Mr. Ajay Relan was appointed as Additional Director of the Company.
2009
- The Board of Directors recommended a dividend of Rs. 1.25 per share on equity shares of Rs. 5 each.
- The Company was awarded a firm order for charter hire of drilling unit 'Noble Ed-holt' from ONGC Ltd. for a period of five years.
- Rig Noble Ed-Holt received the prestigious Noble’s Chairman’s Award 2008.
2010
- Jindal Drilling & Industries Ltd. made it to Asia's 'Best Under A Billion' 2010 list of companies compiled by Forbes magazine.
- Rig Virtue I had a notable performance.
2011
- The Board of Directors recommended a dividend of Rs. 0.50 per share on equity shares of Rs. 5 each.
2012
- The Company won the award 'Drilling Services Company of the Year–2011' from Petroleum Federation of India.
- The Board of Directors recommended a dividend of Rs. 0.50 per share on equity shares of Rs. 5 each.
- The Registered Office of the Company was shifted from Gurgaon to Pipe Nagar, Village-Sukeli, N.H. 17, B.K.G. Road, Taluka Roha, Distt. Raigarh.
2013
- The Company recommended a dividend of Rs. 0.50 per share on equity shares of Rs. 5 each.
2014
- The Company recommended a dividend of Rs. 0.50 per share on equity shares.
2016
- Rig Rowan Louisiana commenced operations under the contract awarded by ONGC.
2022
- Oil and Natural Gas Corporation Limited awarded a contract to the Company for deployment of Jack-up Rig Virtue-I on charter hire contract for a period of three years.
2024
- The Company purchased the jack-up rig Jindal Pioneer from Discovery Drilling Pte. Ltd., Singapore.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800