Reliance Naval and Engineering Limited
Reliance Naval and Engineering Limited (R-Naval), formerly known as Reliance Defence & Engineering Limited and prior to that as Pipavav Shipyard Limited and Pipavav Defence & Offshore Engineering Company Limited is an Indian shipbuilding and heavy industry company headquartered in Mumbai. The shipyard is located in Pipavav, Gujarat, at a distance of 90 km South of Amreli, 15 km South of Rajula and 140 km South West of Bhavnagar. R-Naval is the first private sector company in India to obtain a license and contract to build warships. Pipavav is the largest shipyard in India.
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| Company type | Public |
| BSE: 533107 NSE: RNAVAL | |
| ISIN | INE542F01012 |
| Industry | |
| Founded | 17 October 1997 |
| Founders | Nikhil Prataprai Gandhi Bhavesh Prataprai Gandhi |
| Headquarters | , |
Area served | Worldwide |
Key people | Anil Ambani (Ex-Chairman) |
| Services | Ships & offshore Platforms, Pressure Vessels Design, construction, repair and conversion |
| Revenue | ₹14.13 billion (US$180 million) (2018) |
| ₹−9.56 billion (US$−120 million) (2018) | |
| Total assets | ₹99.4 billion (US$1.2 billion) (2018) |
Number of employees | 367 (March 2018) |
| Parent | Reliance Infrastructure |
| Website | www |
Reliance Naval and Engineering Limited is under Corporate Insolvency Resolution Process as per the provisions of the Insolvency and Bankruptcy Code w.e.f. January 15, 2020. Its affairs, business and assets are being managed by Mr. Sudip Bhattacharya, Resolution Professional, appointed by NCLT Ahmadabad bench by order dated May 5, 2020.
This is the largest shipyard or ship building facility in India.