Company type | Statutory Body |
---|---|
Industry |
|
Founded | 10 February 2006 |
Headquarters | Jawahar Vyapar Bhawan, Janpath, New Delhi |
Area served | India |
Key people | [1] CMD |
Products | Currency Notes Bank Notes Non-Judicial Stamp Papers Security Products Circulation & Commemorative Coins Security Ink |
Revenue | ₹4,712.57 crore (US$560 million) (2021)[2] |
₹789.74 crore (US$95 million) (2021)[2] | |
₹423.81 crore (US$51 million) (2021) | |
Total assets | ₹7,828.19 crore (US$940 million) (2021)[2] |
Owner | Ministry of Finance, Government of India |
Number of employees | 7,234 (2021) |
Subsidiaries | Bank Note Paper Mill India |
Website | spmcil.com |
The Security Printing & Minting Corporation of India Ltd. (SPMCIL) is a company under the Department of Economic Affairs, which is a department under the Ministry of Finance. It is responsible for conducting printing and minting activities of the Government of India. It is under the ownership of the Ministry of Finance, Government of India. It was incorporated on 13 January 2006 with its registered office at New Delhi.[3] It is engaged in the manufacture / production of currency and banknotes, security paper, non-judicial stamp papers, postage stamps and stationery, travel document viz., passport and visa, security certificates, cheques, bonds, warrants, special certificates with security features, security inks, circulation and commemorative coins, medallions, refining of gold, silver and assay of precious metals, etc.[4]
The corporation was formed in 2006 as the result of nationalisation of security presses and mints functioning under the Ministry of Finance. It contains nine units, four mints, four presses and a paper mill.[5]
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