About Nandi Infrastructure Corridor Enterprise Limited
Data last updated: 05 January 2026
Nandi Infrastructure Corridor Enterprise Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Bf Utilities Limited. It specialises in general infrastructure services, 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 U85110KA1996PLC019619.
Capital: an authorised share capital of ₹126 Cr and a paid-up capital of ₹125.09 Cr. Formerly known as Nandi Infrastructure Corridor Enterprises Limited. It is led by directors including Vikram Manohar Munje and Jayant Kumodchandra Hemade.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No 1 Midford House Midford Gardens Off M.G.Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.42 Lakh, a decline of 95% compared to the previous year.
The company has a workforce of approximately 115 employees as per the latest available data. It operates as a subsidiary of Bf Utilities Limited. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1,603 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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Registered AddressNo 1 Midford House Midford Gardens Off M.G.Road, Bangalore, Karnataka, India – 560001
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IndustryInfrastructure and Utilities, General Infrastructure Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Nandi Infrastructure Corridor Enterprise Limited
Nandi Infrastructure Corridor Enterprise Limited has one previous CIN (Corporate Identification Number): U45203KA1996PLC019619. The current CIN is U85110KA1996PLC019619, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1996PLC019619 | Current |
| U45203KA1996PLC019619 | Previous |
Business Activity of Nandi Infrastructure Corridor Enterprise Limited
Nandi Infrastructure Corridor Enterprise Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects, demolition & site preparation, electrical, plumbing & other specialized construction activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details for Nandi Infrastructure Corridor Enterprise Limited
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Auditor Details of Nandi Infrastructure Corridor Enterprise Limited
Nandi Infrastructure Corridor Enterprise Limited is audited by S. PANNA RAJ & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. PANNA RAJ & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Nandi Infrastructure Corridor Enterprise Limited
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Board of Directors and KMP of Nandi Infrastructure Corridor Enterprise Limited
Nandi Infrastructure Corridor Enterprise Limited currently reports 7 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Naidu Nayanameni | Company Secretary | 18 Jul 2017 | 9 Years 0 Months | Current |
| Vikram Manohar Munje | Director | 10 Aug 2023 | 2 Years 11 Months | Current |
| Jayant Kumodchandra Hemade | Director | 27 May 2024 | 2 Years 1 Months | Current |
| Bhalchandra Shankar Mitkari | Director | 29 Sep 2011 | 14 Years 9 Months | Current |
| Arehalli Subramanyam Basappa Shiva | Director | 10 Nov 2022 | 3 Years 8 Months | Current |
| Deepti Rajeev Puranik | Director | 16 Jul 2015 | 11 Years 0 Months | Current |
Financials of Nandi Infrastructure Corridor Enterprise Limited FY 2025 filings available
Nandi Infrastructure Corridor Enterprise Limited reported revenue of ₹9.42 Lakh (down 95.00% YoY) for FY 2025.
Ten-year financial statements for Nandi Infrastructure Corridor Enterprise Limited
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Ownership and Shareholding of Nandi Infrastructure Corridor Enterprise Limited
Shareholding and ownership data for Nandi Infrastructure Corridor Enterprise Limited
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Group Structure of Nandi Infrastructure Corridor Enterprise Limited
Nandi Infrastructure Corridor Enterprise Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Nandi Infrastructure Corridor Enterprise Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nandi Economic Corridor Enterprises Limited. | U85110KA2000PLC026939 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Nandi Infrastructure Corridor Enterprise Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2015 | Idbi Trusteeship Services Limited | ₹1,560 Cr | Open |
| 28 Apr 2004 | The Western India Trustee and Executor Company Ltd. | ₹43 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Nandi Infrastructure Corridor Enterprise Limited
Nandi Infrastructure Corridor Enterprise Limited has a workforce of 115 employees as of Apr 05, 2024.
Employee and EPFO history for Nandi Infrastructure Corridor Enterprise Limited
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GST Compliance of Nandi Infrastructure Corridor Enterprise Limited
GST registrations and filing compliance for Nandi Infrastructure Corridor Enterprise Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nandi Infrastructure Corridor Enterprise Limited
Credit ratings, litigation, and regulatory alerts for Nandi Infrastructure Corridor Enterprise Limited
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MSME Payment Delays by Nandi Infrastructure Corridor Enterprise Limited
MSME payment history for Nandi Infrastructure Corridor Enterprise Limited
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Subsidiaries & Group Companies of Nandi Infrastructure Corridor Enterprise Limited
Corporate group structure for Nandi Infrastructure Corridor Enterprise Limited
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MCA Filings & Documents of Nandi Infrastructure Corridor Enterprise Limited
MCA filings and documents for Nandi Infrastructure Corridor Enterprise Limited
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Recent Activity on Nandi Infrastructure Corridor Enterprise Limited
Recent News on Nandi Infrastructure Corridor Enterprise Limited
Frequently Asked Questions about Nandi Infrastructure Corridor Enterprise Limited
Nandi Infrastructure Corridor Enterprise Limited 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 U85110KA1996PLC019619. The company has 115 employees.
Nandi Infrastructure Corridor Enterprise Limited reported revenue of ₹9.42 Lakh for FY 2025 (down 95.00% YoY).
The current directors and KMP of Nandi Infrastructure Corridor Enterprise Limited are:
- Balaji Naidu Nayanameni - Company Secretary
- Vikram Manohar Munje - Director
- Jayant Kumodchandra Hemade - Director
- Bhalchandra Shankar Mitkari - Director
- Arehalli Subramanyam Basappa Shiva - Director
- Deepti Rajeev Puranik - Director
- Shrikrishna Kiran Adivarekar - Director
- Ashok Kumar Kheny - Managing Director
The primary industry of Nandi Infrastructure Corridor Enterprise Limited is infrastructure and utilities. The company specifically operates in general infrastructure services. The company is currently active in this sector.
Nandi Infrastructure Corridor Enterprise Limited can be reached at the registered office: No 1 Midford House Midford Gardens Off M.G.Road, Bangalore, Karnataka, India – 560001, or through the website nicelimited.com.
The authorised capital is ₹126 Cr, and the paid-up capital is ₹125.09 Cr.