Public Sector Companies are those companies in which major part of the stake is owned by the Government. Presently, there are more than 250 Public Sector Companies performing well in their respective domain. Out of these Public Sector Companies, some have Maharatna status, some have Navratna Status and some have MiniratnaStatus (Category I and Category II). These status are given to companies, which fulfill parameters decided by the Government, that include Annual Turnover, Net Worth and Profit.
Public Sector Companies not only provide excellent products but also generate ample job opportunities. This post describes the Top 10 Public Sector Companies in India by market capitalization:
10. POWER FINANCE CORPORATION LIMITED (PFC)
10th position is occupied by Power Finance Corporation Limited (PFC), which was founded in the year 1986 and engaged in providing financial assistance to power projects and other infrastructure projects.
Winner of CBIP Award for Best Power Financing Company, PFC is a Navratna Company and has 9 subsidiaries, which provide financial services. State Electricity Boards, Private Power Companies and Central Power Companies are some of the organizations, which take financial assistance from PFC.
Market Capitalization: Rs 33,859 Crore (As on 4th June 2015)
9. NMDC LIMITED
NMDC Limited is a Navratna Status Public Sector Company started in the year 1958 and engaged in the exploration of various minerals and ores like iron ore, dolomite, magnesite, graphite, etc. NMDC Limited is a leading producer of iron ore and operates 4 mines in the country.
Headquartered in Hyderabad, NMDC Limited employs more than 5,000 people. NMDC Limited also operates a Silica Sand Mine in Uttar Pradesh, which produces more than 2.5 Lakh Tonnes of Silica Sand every year.
Market Capitalization: Rs 47,299 Crore (As on 4th June 2015)
8. GAIL (INDIA) LIMITED
GAIL (India) Limited is a Maharatna Status Company and ranked 8th in the list of top 10 public sector companies in India. Founded in the year 1984, GAIL (India) Limited is a leading producer and distributor of natural gas in India.
Headquartered in New Delhi, GAIL (India) Limited has a large network of pipelines of more than 10,000 kilometers in India.
Market Capitalization: Rs 47,885 Crore (As on 4th June 2015)
7. BHARAT HEAVY ELECTRICALS LIMITED
Next public sector company is Bharat Heavy Electricals Limited, which was incorporated in the year 1964 and engaged in manufacturing of electrical and industrial types of equipment. Some of the products of the company are Boilers, Steam Turbines, Transmission Systems, Transformers, and Switch Gears.
Headquartered in New Delhi, BHEL has more than 15 manufacturing units and repair units in India. BHEL also export various products to more than 20 countries in the world.
Market Capitalization: Rs 60,333 Crore (As on 4th June 2015)
6. BHARAT PETROLEUM CORPORATION LIMITED (BPCL)
Bharat Petroleum Corporation Limited (BPCL) is another swiftly growing public sector company and placed at 6th in the list of top 10 public sector companies in India.
Headquartered in Mumbai, BPCL was incorporated in the year 1952 and among the leading producers of oil and gas in the country.
Market Capitalization: Rs 61,245 Crore (As on 4th June 2015)
5. POWER GRID CORPORATION OF INDIA LIMITED (PGCIL)
Power Grid Corporation of India Limited (PGCIL) is a Navratna company started in the year 1989 and engaged in the transmission of electricity. Headquartered in Gurgaon, PGCIL transmits electricity in India through its network of more than 1.16 Lakh circuit kilometers of transmission lines and over 190 substations.
Apart from India, PGCIL has a strong presence in more than 15 countries in Asia and Africa. Some of the countries, in which PGCIL operate include Sri Lanka, Bhutan, Myanmar, UAE, and Nepal.
Market Capitalization: Rs 74,968 Crore (As on 4th June 2015)
4. INDIAN OIL CORPORATION LIMITED
A Fortune 500 Global Company, Indian Oil Corporation Limited (IOCL) is at 4th position, which came into existence in the year 1964. Indian Oil Corporation Limited is among the leading oil and gas companies in India and accounts for a reasonable share of this segment in the country.
Headquartered in New Delhi, IOCL operates 10 refineries in the country, which has a combined refining capacity of more than 60 Million Metric Tonnes per year. Some of the products of IOCL include Crude Oil, Kerosene, Petrol, and Diesel.
Market Capitalization: Rs 83,958 Crore (As on 4th June 2015)
3. NTPC LIMITED
Another Maharatna Company, NTPC is next to public sector company and stand at 3rd in the list of top 10 public sector companies in India 2015. Founded in the year 1975, NTPC Limited is one of the fastest growing public sector company, which is engaged in the generation of electricity.
Headquartered in New Delhi, NTPC Limited has more than 20 power plants in different parts of the country. NTPC Limited has continuously won awards for its excellent performance in electricity generation and employ more than 24,000 people.
Market Capitalization: Rs 1,13,498 Crore (As on 4th June 2015)
2. COAL INDIA LIMITED
Next is Coal India Limited, a leading coal producing company founded in the year 1975 and account for more than 80% coal production in the country. Headquartered in Kolkata, Coal India Limited is a leading public sector company and employ more than 3.5 Lakh people.
Winner of Multiple Awards, Coal India Limited operate in India through many subsidiaries like Central Coalfields Limited, Western Coalfields Limited, Northern Coalfields Limited, etc. Coal India Limited has more than 400 coal mines, which are located in different parts of the country.
Market Capitalization: Rs 2,43,401 Crore (As on 4th June 2015)
1. ONGC LIMITED
ONGC Limited is the leading public sector company, which was founded in the year 1956 and engaged in the exploration and production of oil and gas. Headquartered in Dehradun, ONGC Limited account for the major share of oil and gas production in the country.
ONGC Limited operates in more than 10 countries in the world through its subsidiaries and comprises of a strong team of more than 30,000 employees. ONGC Limited is also involved in performing corporate social responsibility by giving a contribution to fields like Healthcare, Environment Protection, Water Management, etc.
Market Capitalization: Rs 2,61,241 Crore (As on 4th June 2015)