NMDC Ltd
NSE: NMDC BSE: 526371
₹69.90
+1.70 (2.49%)
Wed, 11 Nov 2026, 01:46 pm
Market Cap (in Cr)59889.87
PE Ratio8.24
Dividend5.14
Non-Energy Minerals
Other Metals/Minerals
24.5KNMDC Ltd Company History
1958
- Incorporated as National Mineral Development Corporation Private Limited.
- Incorporated as government company under Section 617.
1959
- Approval for name change from private to limited company.
1960
- Changed name to National Mineral Development Corporation Limited.
- Issued fresh certificate of incorporation on name change.
- Changed registered office to 70, Jor Bagh, New Delhi.
- Changed registered office to 11, Parliament Street, New Delhi.
1961
- Changed registered office to 1/6-B, Pusa Road, New Delhi.
1963
- Changed registered office to 6/4-B, Gangaram Hospital Marg, New Delhi.
1965
- Changed registered office to 61, Ring Road, Lajpat Nagar, New Delhi.
1966
- Acquired Panna Diamond Project.
1968
- Commenced production from Bailadila Deposit 14.
1971
- Changed registered office to Mohan Singh Place, Irwin Road, New Delhi.
1972
- Changed registered office to B-35, Defence Colony, New Delhi.
1973
- Transferred registered office from Delhi to Andhra Pradesh.
- Changed registered office to Surya Kiran Building, New Delhi.
1974
- Changed registered office to Mukarramjahi Road, Hyderabad.
1975
- Became deemed public limited company.
1977
- Commenced production from Bailadila Deposit 5.
- Commenced production from Donimalai Iron Ore Mine.
- Changed registered office to Pioneer House, Somajiguda, Hyderabad.
1984
- Changed registered office to Khanij Bhavan, Masab Tank, Hyderabad.
1987
- Commenced production from Bailadila Deposit 11C.
1989
- Incorporated subsidiary J&K Mineral Development Corporation Ltd as JV.
1992
- Split equity shares from Rs 1,000 to Rs 10.
1993
- Converted to public limited company.
- Disinvested 2,130,000 equity shares to institutional investors and public.
1998
- Conferred Mini Ratna status.
2002
- Commenced production from Bailadila Deposit 10/11A.
2005
- Closed Panna diamond mine operations.
2007
- Changed name to NMDC Limited.
- R&D centre certified ISO 9001:2000.
- Bailadila Deposits 14 and 11C certified ISO 9001:2000.
- Bailadila Deposits 5, 10 and 11A certified ISO 9001:2000.
2008
- Accredited as Centre of Excellence in mineral processing by UNIDO.
- Split equity shares from Rs 10 to Re 1.
- Declared 2:1 bonus issue.
- Signed MoU with Spice Metals for international metal projects.
- Incorporated JV NMDC-CMDC Ltd for Bailadila Deposit 13.
- Conferred Navratna status.
- Commissioned 7 wind energy units of 1.5 MW each.
- Achieved first rank in financial ranking of central PSUs for 2007-08.
- Received Rajbhasha shield first prize Hyderabad.
2009
- Achieved turnover Rs 75,640 million, PAT Rs 43,720 million, 221% dividend.
- Re-opened Panna diamond mine.
- Signed MoU with SAIL for Arki limestone deposit.
- Signed MoU with Jharkhand Mines Dept for mineral exploration.
- Received Indira Gandhi Rajbhasha Shield.
- Received Steel Ministry Rajbhasha shield.
- Received CAPEXIL Top Exporter Award for 2008-09.
- Recognized as Fastest Wealth Creator 2004-2009.
- Bailadila Iron Ore Mine certified OHSAS 18001:2007.
- Donimalai Iron Ore Mine certified OHSAS 18001:2007.
- Donimalai Iron Ore Mine certified ISO 9001:2000.
2010
- Signed MoU with Andhra Pradesh Mines Dept and APMDC for iron ore and gold exploration.
- Signed shareholders agreement with Kopano Logistics for South Africa JV.
2011
- Received environmental clearance for Himachal limestone project.
- Signed contract with Siemens VAI consortium for sinter plant.
- Signed MoU with Legacy Iron Ore Limited, Australia.
- Signed contract for largest blast furnace.
- Signed MoU with Minemakers Limited, Australia.
2012
- Signed Rs 509 crore contract with SEPC.
- Incorporated SPV NMDC Power Ltd.
- Acquired 50% equity in Legacy Iron Ore Limited, Australia.
- Signed contract for steel melting shop package.
- Incorporated JV with JSMDC as Jharkhand National Mineral Development Corporation Ltd.
2013
- Received Steelies Award for excellence in project management.
- Received HR Leadership Award at Asia Pacific HRM Congress.
- Signed MoU for mineral projects in Zimbabwe.
- Inked agreement with Zimbabwe-based company for mineral projects.
2014
- Received Most Valuable Company Award in Navratna category.
- Awarded BT-Star PSU of the Year for outstanding performance.
- Contributed Rs 25 lakhs for Hudhud cyclone relief.
- Acquiring 3,000 acres for Bellary steel plant.
2015
- Incorporated wholly-owned subsidiary NMDC Steel Ltd.
- Signed contract agreements for water packages for steel plant.
- Recognized for CSR activities and environment management.
- Signed MoU with Government of India.
- Commissioned Bailadila iron ore deposit 11B.
- Signed three MoUs at Dantewada, Chhattisgarh.
- Received PLATTS Global Metals Award.
- Received India Pride Award in metals and minerals category.
- Incorporated wholly-owned subsidiary Jharkhand Kolhan Steel Ltd.
2016
- Awarded Ispat Rajbhasha Shield first prize for 2015-16.
- Awarded Most Efficient PSU Award.
- Won Governance Now PSU Award for strategic performance.
2017
- Three mines received 5 Star Rating.
- Won Golden Peacock Corporate Ethics Award.
- Signed MoUs for research cooperation with IMMT and IIT Bhubaneswar.
- Won Dun & Bradstreet PSU Awards.
- Received SKOCH award in cyber security category.
- Received SCOPE Award at International HR Summit.
2018
- Government divested 2.52% equity via OFS for approx. Rs 1,200 crore.
- Planned MoU with NLC and Aussie firm ECT for R&D project.
2019
- Received Mines Bureau approval to increase production at Kumaraswamy mines.
2020
- Board approved up to Rs 1,378 crore buyback plan.
2021
- Signed MoU with DCI to expand in GCC and Africa.
2022
- Received 7 PRSI National Awards.
- Signed MoU with RailTel for ICT and digital solutions.
- Organised plantation drive and adopted two tigers as part of Swachhta 2.0.
- Organised international conference on Indian minerals and metal industry with FICCI.
2023
- Won Best Organisation Award for contribution to QC Movement.
- Launched new logo.
- Launched customer portal and product brochure.
- Entered collaborative research agreement with CSIR-IMMT.
2024
- Issued bonus shares in 2:1 ratio.
- Received six PRSI National Awards in R&D, CSR, and corporate communications.
- Won Best Public Sector Organization Implementing PR Award.
- Hosted interactive session on World PR Day.
