Profile
Profile

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. It manufactures high quality Bank note and other security papers. It became a unit of SPMCIL at the time of corporatization in 2006. SPM Hoshangabad is the only paper mill in the country which produces high quality Bank Note and other Security Papers. Papers manufactured by this unit are used for printing of currency notes by CNP, Nashik & BNP, Dewas and for Non-Judicial Stamps being printed by ISP, Nashik & SPP, Hyderabad.

SPM, Hoshangabad closely monitors and controls critical parameters specified by presses. It is engaged in the continuous process system, i.e. Stock Preparation, Paper Making, Calendaring, Cutting and the Finishing process. Quality of the paper is a key factor for the organization which is accomplished in a very high security environment.

During FY 2016-17, SPM has produced 3,200 MT of security paper and supplied 3,539 MT security paper to security presses