National Fertilizers Limited (NFL) is a major Indian

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 producer of inorganic and organic fertilizer

Fertilizer

Fertilizer is any organic or inorganic material of natural or synthetic origin that is added to a soil to supply one or more plant nutrients essential to the growth of plants. A recent assessment found that about 40 to 60% of crop yields are attributable to commercial fertilizer use...

s and industrial chemicals. Established in 1974, it operates 5 major plants across India.

History

NFL was established in 1974, as a public-sector undertaking of the Government of India

Government of India

The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...

. The company operates under the administrative control of the Department of Fertilizers in the Ministry of Chemicals and Fertilizers

Ministry of Chemicals and Fertilizers

The Ministry of Chemicals and Fertilizers is the administrative unit of three departments namely:-*Department of Chemicals and Petrochemicals*Department of Fertilizers*Department of Pharmaceuticals...

.

NFL initially operated two plants in Bathinda and Panipat

Panipat

Panipat بَنِبَت is an ancient and historic city in Panipat district, Haryana state, India. It is 90 km north from Delhi and 169 km south of Chandigarh on NH-1. The three battles fought at the city were turning points in Indian history. The city is famous in India by the name of "City of...

. In 1978, the ownership and operations of the Nangal

Nangal

Nangal is a town 60 km from Rupnagar in the state of Punjab in northwest India. It sits at the foot of the Shiwalik Hills and is surrounded by beautiful hills, the Satluj River and canals. It is an important center for tourists.- Description :...

 plant was transferred to NFL.

In 1988, the company built and commissioned its Vijaipur

Vijaipur

-Education:Schools located in Vijaipur include:* Delhi Public School, Vijaipur* Kendriya Vidyalaya, Vijaipur-Economy:Vijaipur is primarily known as the site of one of India's largest fertilizer plants, owned and operated by National Fertilizers Limited. The Hazira-Vijaipur-Jagdishpur natural gas...

 plant in Guna district

Guna District

Guna district is one of the 50 districts of Madhya Pradesh in central India. Its administrative headquarters is Guna. The district has a population of 12,40,938...

 of Madhya Pradesh

Madhya Pradesh

Madhya Pradesh , often called the Heart of India, is a state in central India. Its capital is Bhopal and Indore is the largest city....

. The plant's capacity was doubled to 1.45 million tonnes in 1997.

NFL was granted the Mini-Navratna status with additional autonomy due to its profitable operations.

In 2001, the company went public

Public company

This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...

, with listings on the Bombay Stock Exchange

Bombay Stock Exchange

The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...

 and the National Stock Exchange

National Stock Exchange of India

The National Stock Exchange is a stock exchange located at Mumbai, Maharashtra, India. It is the 9th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization...

.