Nesco Foundation For Innovation And Development

Nesco Foundation For Innovation And Development - other industry in Goregaon (East), Maharashtra, India. FY 2026 financials and compliance.
CIN U85320MH2019NPL331463 Incorporated 09 October 2019 ROC Mumbai HQ Goregaon (East), Maharashtra, India
Under Liquidation Private Not For Profit Company other industry
Data last updated
Revenue · FY 2023
₹17.31 Lakh
▼ 84.00% YoY
EBITDA · FY 2023
*****
▼ 82.00% YoY
Net profit · FY 2023
*****
▼ 100.00% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
7 yrs
Est. 2019
Last financials
Mar 2023
Balance sheet date

About Nesco Foundation For Innovation And Development

Data last updated: 24 July 2025

Nesco Foundation For Innovation And Development is a private not for profit company based in Goregaon (East), Maharashtra, India, a subsidiary of Nesco Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in service-based operations, a part of the broader diversified industries sector. Incorporated on 09 October 2019, the company has been in operation for over 7 years.

Registered with ROC Mumbai under CIN U85320MH2019NPL331463.

Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Krishna Sumant Patel and Sudhaben Sumant Patel.

Last AGM: 03 August 2023. Financial statements filed for year ended 31 March 2023. Office: Nesco Center Nesco Limited Hall 1 Western Express Highway, Goregaon (East), Maharashtra, India – 400063.

As per the financials filed for FY 2023, the company reported a revenue of ₹17.31 Lakh, a decline of 84% compared to the previous year.

It operates as a subsidiary of Nesco Limited.

The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is nescofoundation.org.

Company Details of Nesco Foundation For Innovation And Development
CIN U85320MH2019NPL331463
Registration Number 331463
Incorporation Date 09 October 2019
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 03 August 2023
Date of Balance Sheet 31 March 2023
Parent Company Nesco Limited
Key People
Krishna Sumant Patel Director Sudhaben Sumant Patel Director Dilip Vasudeo Gupta Irp/Rp/Liquidator
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    nescofoundation.org
  • Social Media
    **************
  • Registered Address
    Nesco Center Nesco Limited Hall 1 Western Express Highway, Goregaon (East), Maharashtra, India – 400063
  • Industry
    Other Industry, Other Services
Company report
Nesco Foundation For Innovation And Development - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Nesco Foundation For Innovation And Development in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Nesco Foundation For Innovation And Development

Nesco Foundation For Innovation And Development is engaged in the principal business activity of education, with detailed activities including higher education, technical & vocational education.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
P Education P2 Higher education, technical & vocational education *********

Auditor Details of Nesco Foundation For Innovation And Development

Nesco Foundation For Innovation And Development is audited by MANUBHAI & SHAH LLP for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
MANUBHAI & SHAH LLP blur-value blur-value blur-value

Board of Directors of Nesco Foundation For Innovation And Development

Nesco Foundation For Innovation And Development is currently managed by 4 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Krishna Sumant Patel
Also directs: Nesco Limited, K S Patel Finance And Investment Company Private Limited, Chandler And Price India Private Limited and 1 more
Director 09 Oct 2019 6 Years 9 Months As last reported
Sudhaben Sumant Patel
Also directs: Nesco Limited, Shrujan Chanda Private Limited, K S Patel Finance And Investment Company Private Limited and 2 more
Director 11 Nov 2021 4 Years 7 Months As last reported
Dilip Vasudeo Gupta
Also directs: Kamla Lifesciences Limited
Irp/Rp/Liquidator 03 Dec 2024 1 Years 7 Months As last reported
Dinesh Kumar Deora
Also directs: Dm & Associates Company Secretaries Llp, Emmessar Biotech And Nutrition Ltd, Amns Ports Hazira Limited and 3 more
Irp/Rp/Liquidator 05 Dec 2023 2 Years 7 Months As last reported
View all directors

Financials of Nesco Foundation For Innovation And Development FY 2023 filings available

Nesco Foundation For Innovation And Development reported revenue of ₹17.31 Lakh (down 84% YoY) for FY 2023. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹17.31 Lakh ▼ -84%
Profit
***** ▼ -100%
EBITDA
***** ▼ -82%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Nesco Foundation For Innovation And Development

As of FY 2021, Nesco Foundation For Innovation And Development's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Nesco Foundation For Innovation And Development

Nesco Foundation For Innovation And Development does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Nesco Foundation For Innovation And Development

View historical data on people associated with Nesco Foundation For Innovation And Development, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Nesco Foundation For Innovation And Development

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Nesco Foundation For Innovation And Development

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Nesco Foundation For Innovation And Development

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Nesco Foundation For Innovation And Development

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Nesco Foundation For Innovation And Development

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Nesco Foundation For Innovation And Development

MSME Payment Delays by Nesco Foundation For Innovation And Development

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Nesco Foundation For Innovation And Development

Subsidiaries & Group Companies of Nesco Foundation For Innovation And Development

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Nesco Foundation For Innovation And Development

MCA Filings & Documents of Nesco Foundation For Innovation And Development

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Nesco Foundation For Innovation And Development

Directors
03 Dec 2024
Dilip Vasudeo Gupta was appointed as a IRP/RP/Liquidator on 03 Dec 2024 & has been associated with this company since 1 year 7 months.
Directors
05 Dec 2023
Dinesh Kumar Deora was appointed as a IRP/RP/Liquidator on 05 Dec 2023 & has been associated with this company since 2 years 7 months.
Activity
03 Aug 2023
Nesco Foundation For Innovation And Development last Annual general meeting of members was held on 03 Aug 2023 as per latest MCA records.
Activity
31 Mar 2023
Nesco Foundation For Innovation And Development has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Directors
11 Nov 2021
Sudhaben Sumant Patel was appointed as a Director on 11 Nov 2021 & has been associated with this company since 4 years 7 months.
Directors
09 Oct 2019
Krishna Sumant Patel was appointed as a Director on 09 Oct 2019 & has been associated with this company since 6 years 9 months.

Recent News on Nesco Foundation For Innovation And Development

Frequently Asked Questions about Nesco Foundation For Innovation And Development

Nesco Foundation For Innovation And Development is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Nesco Foundation For Innovation And Development is a company under liquidation, formerly operating as a private not for profit company in the other industry sector based in Goregaon (East), Maharashtra, India. It was incorporated on 09 October 2019 and is registered under CIN U85320MH2019NPL331463. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Nesco Foundation For Innovation And Development reported revenue of ₹17.31 Lakh for FY 2023 (down 84.00% YoY).

The current directors of Nesco Foundation For Innovation And Development are:

The CIN (Corporate Identification Number) of Nesco Foundation For Innovation And Development is U85320MH2019NPL331463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Nesco Foundation For Innovation And Development is other industry. The company specifically operates in other services.

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