About Nandi Highway Developers Limited
Data last updated:
Nandi Highway Developers Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Bf Utilities Limited. It specialises in road and bridge construction, a part of the broader infrastructure and utilities sector. Incorporated on 19 January 1996, the company has been in operation for over 30 years.
Registered with ROC Bangalore under CIN U85110KA1996PLC019621.
Capital: an authorised share capital of ₹38 Cr and a paid-up capital of ₹37.5 Cr. It is led by directors including Shivakumar Kheny and Vikram Manohar Munje.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: No.1 Midford House Midford Garden Off M.G. Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹127.98 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 181 employees as per the latest available data. It operates as a subsidiary of Bf Utilities Limited.
As per MCA filings, the company has satisfied charges of ₹337.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nicelimited.com.
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- Website
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- Registered AddressNo.1 Midford House Midford Garden Off M.G. Road, Bangalore, Karnataka, India – 560001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Nandi Highway Developers
Nandi Highway Developers has one previous CIN (Corporate Identification Number): U70102KA1996PLC019621. The current CIN is U85110KA1996PLC019621, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1996PLC019621 | Current |
| U70102KA1996PLC019621 | Previous |
Business Activity of Nandi Highway Developers
The main business activity of Nandi Highway Developers is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
Business activity turnover details for Nandi Highway Developers Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Nandi Highway Developers
Nandi Highway Developers Limited is audited by M/s Panna Raj and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s Panna Raj and Associates | Locked | Locked | Locked |
Complete auditor history for Nandi Highway Developers Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nandi Highway Developers Limited
Nandi Highway Developers has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivakumar Kheny Also directs: Keen Mustard Ventures LLP, Keen Mustard M G Road LLP, Keen Mustard Serious Slice LLP and 3 more | Whole-Time Director | 19 Jan 1996 | 30 Years 8 Months | Current |
| Vikram Manohar Munje | Director | 10 Aug 2023 | 3 Years 1 Months | Current |
| Jayant Kumodchandra Hemade | Director | 30 Apr 2024 | 2 Years 5 Months | Current |
| Bhalchandra Shankar Mitkari Also directs: Nandi Infrastructure Corridor Enterprise Limited, Nandi Economic Corridor Enterprises Limited., BF Utilities Limited and 1 more | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
| Arehalli Subramanyam Basappa Shiva | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Prashant Vinay Deo | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
Financials of Nandi Highway Developers Limited FY 2024 filings available
Nandi Highway Developers Limited reported revenue of ₹127.98 Cr (up 9.00% YoY) for FY 2024.
Ten-year financial statements for Nandi Highway Developers Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nandi Highway Developers
Shareholding and ownership data for Nandi Highway Developers Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nandi Highway Developers
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2022 | Hdfc Bank Limited | ₹45 Lakh | Satisfied |
| 06 Oct 2022 | Others | ₹70 Cr | Satisfied |
| 18 Jan 2019 | Others | ₹120 Cr | Satisfied |
| 17 Dec 2014 | Kotak Mahindra Investments Limited | ₹30 Cr | Satisfied |
| 27 Jun 2013 | Tata Capital Financial Services Limited | ₹30 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Nandi Highway Developers
Nandi Highway Developers Limited has a workforce of 181 employees as of Mar 22, 2024.
Employee and EPFO history for Nandi Highway Developers Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Nandi Highway Developers
GST registrations and filing compliance for Nandi Highway Developers Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Nandi Highway Developers
Credit ratings, litigation, and regulatory alerts for Nandi Highway Developers Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nandi Highway Developers
MSME payment history for Nandi Highway Developers Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nandi Highway Developers
Corporate group structure for Nandi Highway Developers Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nandi Highway Developers
MCA filings and documents for Nandi Highway Developers Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Nandi Highway Developers
Recent News on Nandi Highway Developers
Frequently Asked Questions about Nandi Highway Developers Limited
Nandi Highway Developers is an active public limited company in the infrastructure and utilities sector based in Bangalore, Karnataka, India. It was incorporated on 19 January 1996 (30+ years old) and is registered under CIN U85110KA1996PLC019621. The company has 181 employees.
Nandi Highway Developers reported revenue of ₹127.98 Cr for FY 2024 (up 9.00% YoY).
The current directors of Nandi Highway Developers are:
- Shivakumar Kheny - Whole-Time Director
- Vikram Manohar Munje - Director
- Jayant Kumodchandra Hemade - Director
- Bhalchandra Shankar Mitkari - Director
- Arehalli Subramanyam Basappa Shiva - Director
- Prashant Vinay Deo - Director
- Ashok Kumar Kheny - Director
The primary industry of Nandi Highway Developers is infrastructure and utilities. The company specifically operates in road and bridge construction. The company is currently active in this sector.
Nandi Highway Developers can be reached at the registered office: No.1 Midford House Midford Garden Off M.G. Road, Bangalore, Karnataka, India – 560001, or through the website nicelimited.com.
The authorised capital is ₹38 Cr, and the paid-up capital is ₹37.5 Cr.