Nandi Economic Corridor Enterprises Limited., a active public limited company, was established on 17 April 2000 in Off M.G.Road, Bangalore, Karnataka, India. Engaging in road & bridge construction within the construction sector, it holds CIN: U85110KA2000PLC026939. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹749.03 Cr and a paid-up capital of ₹209.05 Cr.
It upholds a compliant status. Employing 952 professional, Its leadership includes Vikram Manohar Munje (Director), Jayant Kumodchandra Hemade (Director), Bhalchandra Shankar Mitkari (Director). Past directors included Sharad Gulwadi, Sanjay Sharad Vaidya, Rajeev Kalra. It holds ₹1,590.45 Cr open charges and ₹2,794.00 Cr settled loans. Its latest AGM occurred on 30 November 2024, with the balance sheet filed on 31 March 2024. It is based at No.1, Midford House,Midford Gardens, Off M.G.Road, Bangalore, Off M.G.Road, Bangalore, Karnataka, 560001.
U85110KA2000PLC026939
026939
17 April 2000
₹749.03 Cr
₹209.05 Cr
Roc Bangalore
Unlisted
Active
Explore comprehensive insights into Nandi Economic Corridor Enterprises Limited. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikram Manohar Munje | Director | 10 Aug 2023 | Current |
| Jayant Kumodchandra Hemade | Director | 27 May 2024 | Current |
| Bhalchandra Shankar Mitkari | Director | 29 Sep 2011 | Current |
| Arehalli Subramanyam Basappa Shiva | Director | 10 Nov 2022 | Current |
| Deepti Rajeev Puranik | Director | 04 May 2018 | Current |
| Ashok Kumar Kheny | Managing Director | 17 Apr 2000 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director Appointed In Casual Vacancy | 21 Mar 2014 | Past |
| Pramod Abcsdd | Director | 24 Oct 2013 | Past |
| Pramod Abcsdd | Nominee Director | 19 Sep 2018 | Past |
| Pramod Abcsdd | Director | 03 Sep 2013 | Past |
| Pramod Abcsdd | Cfo(Kmp) | 27 Apr 2017 | Past |
| Pramod Abcsdd | Additional Director | 19 Sep 2023 | Past |
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Nandi Economic Corridor Enterprises Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 50.19% increase. The company also saw a substantial improvement in profitability, with a 286.6% increase in profit. The company's net worth Soared by an impressive increase of 248.12%.
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In 2023, Nandi Economic Corridor Enterprises had a promoter holding of 65.11% and a public holding of 34.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹15,904,500,000.00
₹27,940,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2021 | Bank Of India | ₹2.00 M | Open |
| 06 Feb 2015 | Idbi Trusteeship Services Limited | ₹1,547.25 Cr | Open |
| 25 May 2004 | The Western India Trustee And Executor Company Limited | ₹43.00 Cr | Open |
| 25 Sep 2010 | Idbi Trusteeship Services Limited | ₹1,650.00 Cr | Satisfied |
| 04 Dec 2008 | Axis Bank Limited | ₹175.00 Cr | Satisfied |
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Nandi Economic Corridor Enterprises has a workforce of 952 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Nandi Economic Corridor Enterprises, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nandi Economic Corridor Enterprises's trajectory.
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Nandi Economic Corridor Enterprises Limited. last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records. was recorded as a recent event.
Progress on Jayant Kumodchandra Hemade was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 1 year 6 months . was documented.
The activity Nandi Economic Corridor Enterprises Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.
Progress on A charge with Idbi Trusteeship Services Limited of Rs. 1,547.25 Cr registered on 06 Feb 2015 with Charge ID 10550828 was modified on 02 Jan 2024. was documented.
Progress on Vikram Manohar Munje was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 2 years 3 months . was documented.
Progress on Ashoka Kumar Shetty was appointed as a CFO was appointed as a CFO on 10 Nov 2022 & has been associated with this company since 3 years 18 days . was documented.
The CIN of Nandi Economic Corridor Enterprises Limited. is U85110KA2000PLC026939.
Nandi Economic Corridor Enterprises Limited. is headquartered at No.1, Midford House,Midford Gardens, Off M.G.Road, Bangalore, Off M.G.Road, Bangalore, Karnataka, 560001.
Nandi Economic Corridor Enterprises Limited. was incorporated on 17 April 2000.
The current directors of Nandi Economic Corridor Enterprises Limited. are
The primary industry of Nandi Economic Corridor Enterprises Limited. is Construction.
Nandi Economic Corridor Enterprises Limited. is unlisted.
The authorized capital of Nandi Economic Corridor Enterprises Limited. is ₹749.03 Cr, and the paid-up capital is ₹209.05 Cr.
The compliance status of Nandi Economic Corridor Enterprises Limited. is Compliant.
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