Nandi Highway Developers Limited

Operates toll roads for transportation.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated:

Nandi Highway Developers Profile

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 37.50 Cr
  • Company Age 29 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 337.95 Cr
  • Revenue Growth -98.60%
  • Profit Growth -98.44%
  • Ebitda -98.53%
  • Net Worth -98.69%
  • Total Assets -98.60%

About Nandi Highway Developers

Nandi Highway Developers Limited (NHDL) is a Public Limited Indian Non-Government Company incorporated in India on 19 January 1996 and has a history of 29 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 38.00 Cr and a paid-up capital of Rs 37.50 Cr.

The company has closed loans amounting to ₹337.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nandi Highway Developers Limited India is Bala Nuvvula as COMPANY SECRETARY. Ashok Kheny, Arehalli Shiva, Prashant Deo, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nicelimited.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1996PLC019621

  • Company No.

    019621

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Nandi Highway Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Bala Nuvvula Country flag representing In Company Secretary03-Jun-2016Current

Board Members (7)

NameDesignationAppointment DateStatus
Arehalli Shiva Country flag representing In Director 30-Sep-2015Current
Ashok Kheny Country flag representing In Director 04-Dec-1997Current
Prashant Deo Country flag representing In Director 02-Jun-2017Current
Shivakumar Kheny Country flag representing In Whole-Time Director 19-Jan-1996Current
Vikram Munje Country flag representing In Director 10-Aug-2023Current
Bhalchandra Mitkari Country flag representing In Director 02-Jun-2017Current

Financial Performance of Nandi Highway Developers.

Nandi Highway Developers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.6% decrease. The company also saw a substantial fall in profitability, with a 98.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 98.69%.

Nandi Highway Developers revenue growth over time
Nandi Highway Developers 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
-98.60%
Revenue from Operations
-98.59%
Total Assets
-98.60%
Profit or Loss
-98.44%
Net Worth
-98.69%
EBITDA
-98.53%

What is the Ownership and Shareholding Structure of Nandi Highway Developers?

In 2023, Nandi Highway Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹337.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 190.00 Cr
  • Uti Bank Limited : 87.50 Cr
  • Tata Capital Financial Services Limited : 30.00 Cr
  • Kotak Mahindra Investments Limited : 30.00 Cr
  • Hdfc Bank Limited : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
12 Oct 2022Hdfc Bank Limited₹4.50 MSatisfied
06 Oct 2022Others₹70.00 CrSatisfied
18 Jan 2019Others₹120.00 CrSatisfied
17 Dec 2014Kotak Mahindra Investments Limited₹30.00 CrSatisfied
27 Jun 2013Tata Capital Financial Services Limited₹30.00 CrSatisfied

How Many Employees Work at Nandi Highway Developers?

Nandi Highway Developers has a workforce of 181 employees as of Mar 22, 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 Highway Developers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nandi Highway Developers, 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 Highway Developers'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 Highway Developers

Recent activity within the organization

  • Annual General Meeting

    Nandi Highway Developers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Jayant Kumodchandra Hemade was appointed as a Additional Director was appointed as a Additional Director on 30 Apr 2024 & has been associated with this company since 10 months 3 days .

  • Balance Sheet

    Nandi Highway Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 06 Oct 2022 via Charge ID 100613141 with Others was fully satisfied on 19 Oct 2023.

  • Director Appointment

    Vikram Manohar Munje was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 1 year 6 months .

  • Charges

    A charge registered on 12 Oct 2022 via Charge ID 100658682 with Hdfc Bank Limited was fully satisfied on 19 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Nandi Highway Developers Limited?

    Nandi Highway Developers Limited was incorporated on 19 Jan 1996.

  • What is authorized share capital and paid-up capital of Nandi Highway Developers Limited?

    The authorized share capital of Nandi Highway Developers Limited is ₹ 38.00 Cr and paid-up capital is ₹ 37.50 Cr.

  • Who are the current board members & directors of Nandi Highway Developers Limited?

    Currently 8 directors are associated with Nandi Highway Developers Limited.

    • Ashok Kumar Kheny
    • Arehalli Subramanyam Basappa Shiva
    • Prashant Vinay Deo
    • Shivakumar Kheny
    • Vikram Manohar Munje
    • Bhalchandra Shankar Mitkari
    • Jayant Kumodchandra Hemade
    • Bala Krishna Nuvvula

  • What is the registered address of Nandi Highway Developers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nandi Highway Developers Limited is No.1 Midford House Midford Garden Off M.G. Road, India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Nandi Highway Developers Limited?

    The corporate identification number (CIN) of Nandi Highway Developers Limited is U85110KA1996PLC019621 and the company number is 019621 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nandi Highway Developers Limited?

    The Official website of Nandi Highway Developers Limited is https://www.nicelimited.com

  • What has been the recent revenue trend for Nandi Highway Developers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nandi Highway Developers Limited has fallen by -98.60%.

  • How many employees does Nandi Highway Developers Limited currently have?

    As Per 2023 financial reports, 181 employees are currently employed by Nandi Highway Developers Limited.

  • What change has been observed in the net worth of Nandi Highway Developers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nandi Highway Developers Limited has experienced an downturn of -98.69%.

  • When was the last Balance Sheet of Nandi Highway Developers Limited filed with the ROC?

    The most recent Balance Sheet for Nandi Highway Developers Limited was filed with the ROC on 31 Mar 2024.

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