Nandi Infrastructure Corridor Enterprise Limited - Company Profile

It is a infrastructure and utilities public limited company based in Bangalore, Karnataka, India, established in 1996.

1996 Bangalore, Karnataka, India Active

Last Updated: January 05, 2026

About Nandi Infrastructure Corridor Enterprise Limited

Nandi Infrastructure Corridor Enterprise Limited, a active public limited company, was established on 19 January 1996 in Bangalore, Karnataka, India. Engaging in general infrastructure services within the construction sector, it holds CIN: U85110KA1996PLC019619. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹126.00 Cr and a paid-up capital of ₹125.09 Cr.

Formerly known as Nandi Infrastructure Corridor Enterprises Limited. It upholds a compliant status. Employing 115 professional, Its leadership includes Balaji Naidu Nayanameni (Company Secretary), Vikram Manohar Munje (Director), Jayant Kumodchandra Hemade (Director). Past directors included Sharad Gulwadi, Sanjay Sharad Vaidya, Prakash Chandrashekhar Bhalerao. It holds ₹1,603.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No 1,Midford House ,Midford Gardens Off M.G.Road, Bangalore, Karnataka, 560001.

Company Details

CIN/LLPIN
U85110KA1996PLC019619
Registration Number
019619
Incorporation Date
19 January 1996
Authorized Capital
₹126.00 Cr
Paid-Up Capital
₹125.09 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 126.00 Cr as on 05-01-2026
Paid Up Capital ₹ 125.09 Cr as on 05-01-2026
Company Age 30 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,603.00 Cr as on 05-01-2026
Revenue Growth **** 3.51% (FY 2023)
Profit Growth **** -33.24% (FY 2023)
Ebitda **** 13.75% (FY 2023)
Net Worth -6.84% (FY 2023)
Total Assets -3.02% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Nandi Infrastructure Corridor Enterprise 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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Who are the key members and board of directors at Nandi Infrastructure Corridor Enterprise Limited?

Current Directors

Name	Designation	Appointment Date	Status
Balaji Naidu Nayanameni	Company Secretary	18 Jul 2017	Current
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	16 Jul 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director Appointed In Casual Vacancy	21 Mar 2014	Past
Pramod Abcsdd	Director	31 May 2018	Past
Pramod Abcsdd	Director	03 Sep 2013	Past
Pramod Abcsdd	Additional Director	19 Sep 2023	Past
Pramod Abcsdd	Director	27 Jun 2013	Past
Pramod Abcsdd	Director	27 Jun 2013	Past

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Financial Performance of Nandi Infrastructure Corridor Enterprise.

Nandi Infrastructure Corridor Enterprise Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.51% increase. The company also saw a substantial fall in profitability, with a 33.24% decrease in profit. The company's net worth dipped by a decrease of 6.84%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

3.51%

*******

Revenue from Operations

*******

Total Assets

*******

-3.02%

*******

Profit or Loss

*******

-33.24%

*******

Net Worth

*******

-6.84%

*******

EBITDA

*******

13.75%

*******

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What is the Ownership and Shareholding Structure of Nandi Infrastructure Corridor Enterprise?

In 2023, Nandi Infrastructure Corridor Enterprise had a promoter holding of 100.01%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹16,030,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 1560.00 Cr
The Western India Trustee And Executor Company Ltd. : 43.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Feb 2015	Idbi Trusteeship Services Limited	₹1,560.00 Cr	Open
28 Apr 2004	The Western India Trustee And Executor Company Ltd.	₹43.00 Cr	Open

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How Many Employees Work at Nandi Infrastructure Corridor Enterprise?

Nandi Infrastructure Corridor Enterprise has a workforce of 115 employees as of Apr 05, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Nandi Infrastructure Corridor Enterprise, 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 Infrastructure Corridor Enterprise's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Nandi Infrastructure Corridor Enterprise

Recent Activity within the Organization

Annual General Meeting

The activity Nandi Infrastructure Corridor Enterprise Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

Nandi Infrastructure Corridor Enterprise Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Jayant Kumodchandra Hemade was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 2 years . was completed.
27 May 2024
Director Appointment

Progress on Shrikrishna Kiran Adivarekar was appointed as a Director was appointed as a Director on 07 Nov 2023 & has been associated with this company since 2 years 6 months . was documented.
07 Nov 2023
Director Appointment

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 9 months . was documented.
10 Aug 2023
Director Appointment

The activity Arehalli Subramanyam Basappa Shiva was appointed as a Director was appointed as a Director on 10 Nov 2022 & has been associated with this company since 3 years 6 months . was completed.
10 Nov 2022

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