Nandi Infrastructure Corridor Enterprise Limited Company Logo

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:

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 ₹104.09 Cr.

Formerly known as Nandi Infrastructure Corridor Enterprises Limited. It upholds a compliant status. Employing 115 professional, Its leadership includes Vikram Manohar Munje (Director), Jayant Kumodchandra Hemade (Director), Bhalchandra Shankar Mitkari (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 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, Karnataka, 560001.

Company Details

  • CIN/LLPIN

    U85110KA1996PLC019619

  • Registration Number

    019619

  • Incorporation Date

    19 January 1996

  • Authorized Capital

    ₹126.00 Cr

  • Paid-Up Capital

    ₹104.09 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 126.00 Cr
  • Paid Up Capital ₹ 104.09 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,603.00 Cr
  • Revenue Growth 3.51%
  • Profit Growth -33.24%
  • Ebitda 13.75%
  • Net Worth -6.84%
  • Total Assets -3.02%
Company report

Nandi Infrastructure Corridor Enterprise Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Vikram Manohar MunjeDirector10 Aug 2023Current
Jayant Kumodchandra HemadeDirector27 May 2024Current
Bhalchandra Shankar MitkariDirector29 Sep 2011Current
Arehalli Subramanyam Basappa ShivaDirector10 Nov 2022Current
Deepti Rajeev PuranikDirector16 Jul 2015Current
Shrikrishna Kiran AdivarekarDirector07 Nov 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector Appointed In Casual Vacancy21 Mar 2014Past
Pramod AbcsddDirector31 May 2018Past
Pramod AbcsddDirector03 Sep 2013Past
Pramod AbcsddAdditional Director19 Sep 2023Past
Pramod AbcsddDirector27 Jun 2013Past
Pramod AbcsddDirector27 Jun 2013Past

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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%.

Nandi Infrastructure Corridor Enterprise revenue growth over time
Nandi Infrastructure Corridor Enterprise profit and loss trends over time
  • 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%

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.

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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

DateLenderAmountStatus
06 Feb 2015Idbi Trusteeship Services Limited₹1,560.00 CrOpen
28 Apr 2004The Western India Trustee And Executor Company Ltd.₹43.00 CrOpen

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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 growth trends for Nandi Infrastructure Corridor Enterprise Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

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

Recent Activity within the Organization

  • Annual General Meeting

    Nandi Infrastructure Corridor Enterprise Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • 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 1 year 6 months . was completed.

  • Balance Sheet

    Nandi Infrastructure Corridor Enterprise Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    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 19 days . was recorded as a recent event.

  • 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 3 months . was documented.

  • 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 16 days . was completed.

Frequently Asked Questions

  • What is the CIN of Nandi Infrastructure Corridor Enterprise Limited?

    The CIN of Nandi Infrastructure Corridor Enterprise Limited is U85110KA1996PLC019619.

  • Where is Nandi Infrastructure Corridor Enterprise Limited headquartered?

    Nandi Infrastructure Corridor Enterprise Limited is headquartered at No 1,Midford House ,Midford Gardens Off M.G.Road, Bangalore, Karnataka, 560001.

  • When was Nandi Infrastructure Corridor Enterprise Limited incorporated?

    Nandi Infrastructure Corridor Enterprise Limited was incorporated on 19 January 1996.

  • Who are the current directors of Nandi Infrastructure Corridor Enterprise Limited?

    The current directors of Nandi Infrastructure Corridor Enterprise Limited are

  • What is the primary industry of Nandi Infrastructure Corridor Enterprise Limited?

    The primary industry of Nandi Infrastructure Corridor Enterprise Limited is Construction.

  • Is Nandi Infrastructure Corridor Enterprise Limited a listed company?

    Nandi Infrastructure Corridor Enterprise Limited is unlisted.

  • What is the capital structure of Nandi Infrastructure Corridor Enterprise Limited?

    The authorized capital of Nandi Infrastructure Corridor Enterprise Limited is ₹126.00 Cr, and the paid-up capital is ₹104.09 Cr.

  • What is the compliance status of Nandi Infrastructure Corridor Enterprise Limited?

    The compliance status of Nandi Infrastructure Corridor Enterprise Limited is Compliant.

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