Security Printing and Minting Corporation of India Limited (SPMCIL) was formed after corporatisation of nine units including four mints, four presses and one paper mill which were earlier functioning under the Ministry of Finance. The Company was incorporated on 13.01.2006 under the Companies Act, 1956 with its headquarters at 16th Floor, Jawahar Vyapar Bhawan, Janpath, New Delhi. SPMCIL, a Miniratna Category-I CPSE, and wholly owned Schedule ‘A’ Company of Government of India, is engaged in the manufacture of security paper, minting of coins, printing of currency and bank notes, non-judicial stamp papers, postage stamps, travel documents, etc.The employees’ strength of SPMCIL is about 15,000 in all its nine units. The Company has four Presses, four Mints and one Paper Mill to meet the requirements of RBI for Currency Notes and Coins and State Governments for Non-Judicial Stamp Papers and Postal Departments for postal stationery, stamps etc. and Ministry of External Affairs for passports, visa stickers and other travel documents. Other products are commemorative coins, MICR and Non-MICR cheques etc. SPMCIL has an asset base of Rs.4500 crores and profit after tax of about Rs.542 crores. The Company is under the administrative control of Department of Economic Affairs, Ministry of Finance. It is headed by Chairman and Managing Director. All the 9 units of four production verticals i.e. Currency Printing Presses, Security Printing Presses, Security Paper Mill and India Government Mints headed by General Managers are industrial organizations and are regulated in accordance with the labour laws and directions of Government issued from time to time.
Currency Note Press, Nashik Road and Bank Note Press, Dewas which are engaged in production of Bank Notes for our country as well as for foreign countries using state of the art technology. More than 40% of Currency Notes circulated in India are printed by these units. These units are equipped with designing, engraving, complete Pre-printing and Offset facilities, Intaglio Printing machines, Numbering & Finishing machines etc. Both the Currency Note Printing Presses are ISO 9001:2000 & ISO 14001:2004 certified units having fool-proof accounting of security items, stringent security systems with ultra-modern eco-friendly efficient treatment facilities and complemented by a service department to ensure maximum in-transit security. These units have captive railway treasury wagons / carriages for transporting the treasury consignments. These units have history of export of Bank Notes to countries like East Africa, Iraq, Nepal, Sri Lanka, Myanmar, Bhutan etc. The Bank Note Press Dewas also manufactures different types of security ink for various security organizations. Its annual installed capacity of Inks is about 240 MT. BNP manufactured Quickset Intaglio Inks departmentally for use on Super Orlof Intaglio printing machines.
Security Printing Presses have glorious history of more than 80 years employing specialized technology and multiple printing processes to produce security products under secure operating procedures and manufacturing protocols. These presses have the latest technological facilities for Designing, Pre-printing and Post-Printing. Security Printing Presses have the capability of incorporating security features like chemically reactive elements, various Guilloche patterns, micro lettering, designs with UV inks, bi-fluorescent inks, optical variable inks, micro perforation, adhesive/glue, embossing, die-cutting and personalization etc. India Security Press, Nashik prints and supplies judicial/non-judicial stamp papers, all types of postal & non postal stamps & stationery, passports, visa & other travel documents, MICR & Non-MICR Cheques in continuous Stationery form, Identity Cards, Railway Warrants, Income Tax Return Order Forms, Saving Instruments, commemorative stamps etc. These security documents are printed & supplied to various State Governments, Union Territories and Central Government departments including Department of Posts, Ministry of Finance, Ministry of External Affairs as well as RBI. It has entered into other markets which require documents incorporated with security features and is developing new products as part of diversification. A specialized Forgery Detection Cell also caters to the demand of various law enforcement agencies and RBI. ISP has introduced E-Passport for the first time in India by undertaking production of official and diplomatic E-passports. ISP has successfully printed PAN Application Forms & Allied Stationery for UTI Technology Services and 11 Varieties of Certificates for RTO, Government of Chhattisgarh. Further, it has entered into MoU with Archaeological Survey of India to print and Supply Entry Tickets for various Monuments and another MoU signed with Nashik Municipal Corporation, Nashik to print and Supply Octroi receipts. It has printed tickets for Commonwealth Games 2010. Security Printing Press, Hyderabad was established in the year 1982 to cater to the needs of the Central and various State Governments by printing and supplying security documents such as Postal Stationery items, Central Excise Stamps, Non-Judicial Stamps, Court Fee Stamps, Indian Postal Orders and Saving Instruments etc.
Security Paper Mill (SPM), Hoshangabad was established in 1968 and notified as non-commercial undertaking under the administrative control of Ministry of Finance, Govt. of India. SPM, a IISO 9001:2000 unit is responsible for manufacturing of different types of Security Papers. Papers manufactured by this unit are used for printing of Currency Notes by CNP & BNP and for Non-Judicial Stamps being printed by ISP & SPP. SPM, Hoshangabad has the distinction of incorporating numerous security features in paper viz Fluorescence Fibres, Multi-tonal three Dimensional Watermark, Electrotype Watermark, various types of Security Threads, Tangents, etc. At SPM, the eco-friendly process and the energy conservation aspects are assigned the utmost importance.