traded as bse 500440 nse hindalco bse sensex constituent industry metals founded 1958 ; 58 years ago 1958 1 headquarters mumbai maharashtra india area served worldwide key people kumar mangalam birla chairman products aluminum and copper products revenue 1 042.81 billion us 15 billion fy 2013 14 2 net income 30.27 billion us 450 million fy 2012 13 2 total assets 1 014.02 billion us 15 billion mar 2013 3 number of employees 20 238 mar 2013 4 parent aditya birla group website www.hindalco.com hindalco industries ltd. an aluminium manufacturing company is a subsidiary of the aditya birla group . 5 its headquarters are at mumbai maharashtra india . it is the flagship company of the company in the metals business . the company has annual sales of us 15 billion and employs around 20 000 people . 4 it is listed in the forbes global 2000 at 895th rank . 6 its market capitalisation by the end of may 2013 was us 3.4 billion . 7 hindalco is one of the world s largest aluminium rolling companies and one of the biggest producers of primary aluminium in asia . 8 contents 1 history 2 operations 2.1 power plant 3 novelis 4 other acquisitions 5 listings and shareholding 6 see also 7 references 8 external links history edit the hindustan aluminum corporation limited was established in 1958 by the aditya birla group . in 1962 the company began production in renukoot in uttar pradesh making 20 thousand metric tons per year of aluminium metal and 40 thousand metric tons per year of alumina . in 1989 the company was restructured and renamed hindalco . 9 operations edit power plant edit renusagar power plant . a 801.57 mw 10 generating units of various capacities captive power plant which is about 40 km from renukoot sonebhadra district uttar pradesh . 10 hirakud captive power plant . a 467.5 mw captive power plant located at hirakud sambalpur district odisha . this plant supplies power to hirakud smelter of hindalco industries . 10 utkal alumina captive power plant . a 90 mw captive power plant located at doraguda rayagada district odisha . this plant supplies power to utkal refinery of hindalco industries . 10 aditya captive power plant . a 900 mw captive power plant located at lapanga sambalpur district odisha . this plant supplies power to aditya smelter of hindalco industries . 10 mahan hindalco industries ltd. a 900 mw captive power plant located and alumina smelter in bargawa 20 km from singrag novelis edit on 11 february 2007 the company entered into an agreement to acquire the canadian company novelis for us 6 billion making the combined entity the world s largest rolled aluminium producer . 11 at 2007 novelis was the world s largest producer of rolled aluminium and a major recycler of aluminium cans . 9 on 15 may 2007 the acquisition was completed with novelis shareholders receiving 44.93 per outstanding share of common stock . hindalco through its wholly owned subsidiary av metals inc. acquired 75 415 536 common shares of novelis representing 100 percent of the issued and outstanding common shares . immediately after closing av metals inc. transferred the common shares of novelis to its wholly owned subsidiary av aluminum inc. when hindalco made this bid in 2007 this became the largest indian investment in north america and the second largest overseas investment by an indian company behind tata steel europe s purchase of corus two weeks earlier to this time . 9 the day after hindalco announced the acquisition its stock fell by 13 % resulting in a us 600 million drop in market capitalisation . shareholders criticised the deal but k.m. birla responded that he had offered a fair price for the company and stated when you are acquiring a world leader you will have to pay a premium . 9 other acquisitions edit in june 2000 acquisition of controlling stake in indian aluminium company limited indal with 74.6 per cent equity holding . 12 in july 2007 hindalco announced it is acquiring the stake of alcan inc. s in the utkal alumina project located in orissa . listings and shareholding edit the equity shares of hindalco are listed on the bombay stock exchange 13 where it is a constituent of the bse sensex index 14 and the national stock exchange of india 15 where it is a constituent of the s & p cnx nifty . 16 its global depository receipts are listed on the luxembourg stock exchange . as on 30 june 2013 the promoters aditya birla group held around 32 % equity shares in hindalco . over 408 000 individual shareholders hold approx . 9 % of its shares . 17 see also edit aditya birla group companies portal references edit about us overview . hindalco . 19 august 2009 . retrieved 2011 02 11 . a b consolidated profit & loss . hindalco industries . retrieved 29 december 2013 . consolidated balance sheet . hindalco industries . retrieved 29 december 2013 . a b annual report 2012 13 pdf . retrieved 29 december 2013 . businesses aluminium rolled products . hindalco . 16 november 2007 . retrieved 2010 09 28 . hindalco industries . forbes . may 2013 . retrieved 28 december 2013 . the world s biggest public companies . forbes . may 2013 . retrieved 28 december 2013 . hindalco to acquire novelis for 6.0 billion . indiaprwire.com . retrieved 2010 09 28 . a b c d kumar nirmalya 2009 . india s global powerhouses . harvard business press . pp. 107 120 . isbn 978 1 4221 4762 7 . a b c d http www.hindalco.com power http www.prnewswire.com future for rolled aluminum products industry . norway prnewswire.com . retrieved 2010 09 28 . external link in title help indian aluminium company ltd . financialexpress.com . 19 january 2003 . retrieved 2010 09 28 . stock share price hindalco industries ltd. . bseindia.com . retrieved 28 december 2013 . scripwise weightages in s & p bse sensex . bse india . retrieved 28 december 2013 . hindalco industries limited . nse india . retrieved 28 december 2013 . download list of cnx nifty stocks . csv . nse india . retrieved 12 october 2013 . shareholding pattern . hindalco industries . retrieved 28 december 2013 . external links edit official website v t e aditya birla group companies aditya birla group birla corporation grasim industries hindalco industries idea cellular ultratech cement more retail notable non indian companies novelis thai peroxide liaoning birla carbon a.v. group aditya birla minerals ltd swiss singapore overseas enterprises pte ltd thai acrylic fibre thai rayon domsj fabriker school and institutes aditya birla public school renukoot aditya birla public school renusagar notable people kumar mangalam birla baldeo das birla ghanshyam das birla krishna kumar birla madhav prasad birla rameshwar das birla shobhana bhartia aditya vikram birla v t e major indian companies economy of india list of companies of india automotive ashok leyland bajaj auto eicher motors hero motocorp hindustan motors mahindra & mahindra tafe tata motors tvs aerospace and defence bharat electronics drdo hal ordnance factories conglomerates aditya birla adani avantha bajaj bharti essar essel gmr godrej gvk hinduja itc jaypee jindal kirloskar jsw l & t lanco mahindra muthoot murugappa ramoji reliance adag reliance rpg sahara shapoorji pallonji sun tata tvs torrent ub videocon wadia civil aviation air india indigo jet airways consumer goods and retail britannia industries dabur flipkart future group godrej consumer hindustan unilever itc nirma reliance retail tata global beverages energy and natural resources bharat petroleum cairn india chennai petroleum coal india gail essar oil hindustan petroleum indian oil corporation l & t national aluminum nhpc nmdc nlc ntpc oil india ongc power finance power grid rinl reliance infrastructure recl sci sesa goa suzlon energy tata power finance andhra bank axis bank bank of baroda bank of india canara bank central bank of india hdfc bank icici bank idbi bank ing vysya bank jammu & kashmir bank kotak mahindra bank lic mudra bank muthoot finance ltd punjab national bank sbi tamilnad mercantile bank union bank of india yes bank healthcare pharmaceutical & biotech aurobindo pharma cadila healthcare cipla glenmark pharmaceuticals dr. reddy s idpl iil lupin sun pharmaceutical manufacturing and heavy industries acc ambuja apollo tyres bengal chemicals and pharmaceuticals bhushan bhel dlf gammon india havells hcc hindalco india cements jindal steel jsw mrf sail tata steel ultratech information technology hcl technologies infosys tata consultancy services tech mahindra wipro media sun group the times group living media telecommunications aircel airtel bsnl idea cellular micromax mobile mtnl reliance communications tata communications benchmark fy 2015 16 revenues of over us 1 billion v t e mirzapur division topics general purvanchal districts mirzapur sant ravidas nagar sonbhadra rivers dams lakes son rihand karmanasa kanhar govind ballabh pant sagar rihand dam languages people bhojpuri hindustani khariboli standard hindi urdu transport nh 7 nh 75 nh 76 howrah delhi main line mayurpur airport mining activities singrauli coalfield industries singrauli super thermal power station rihand thermal power station anpara thermal power station obra thermal power station hindalco industries lok sabha constituencies mirzapur bhadohi robertsganj see also cities and towns in mirzapur district cities and towns in sant ravidas nagar district cities and towns in sonbhadra district villages in mirzapur district villages in sant ravidas nagar district people from mirzapur people from sant ravidas nagar district other divisions agra aligarh allahabad azamgarh bareilly basti chitrakoot devipatan faizabad gorakhpur jhansi kanpur lucknow meerut moradabad saharanpur varanasi v t e bse sensex companies of india airtel axis bank bajaj auto bhel cipla coal india dr. reddy s laboratories gail hdfc hdfc bank hero motocorp hindalco hul icici bank infosys itc l & t mahindra & mahindra maruti suzuki ntpc ongc reliance industries sbi sesa sterlite sun pharma tata motors tata power tata steel tcs wipro v t e cnx nifty companies of india acc ambuja cements asian paints axis bank bajaj auto bank of baroda bhel bpcl bharti airtel cairn india cipla coal india dlf dr. reddy s laboratories gail grasim industries hcl technologies hdfc hdfc bank hero motocorp hindalco industries hul infosys icici bank idfc indusind bank ltd. itc limited jindal steel and power kotak mahindra bank l & t lupin mahindra & mahindra maruti udyog nmdc ntpc ongc power grid corporation pnb reliance industries sesa sterlite limited sbi sun pharmaceutical tcs tata motors tata power tata steel tech mahindra ultratech cement wipro zee entertainment enterprises retrieved from https en.wikipedia.org w index.php title hindalco industries & oldid 743329629 categories companies based in mumbaimining companies of indiacopper mining companiescompanies listed on the bombay stock exchangeaditya birla groupbse sensexcnx niftyaluminium companies of indiacompanies established in 1958multinational companies headquartered in india1958 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