Nandi Highway Developers Profile
Key Indicators
- Authorised Capital ₹ 38.00 Cr
- Paid Up Capital ₹ 37.50 Cr
- Company Age 29 Year, 14 Days
- 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. 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
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U85110KA1996PLC019621
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Company No.
019621
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
19 Jan 1996
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Nandi Highway Developers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bala Nuvvula
|
Company Secretary | 03-Jun-2016 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Arehalli Shiva
|
Director | 30-Sep-2015 | Current |
|
Ashok Kheny
|
Director | 04-Dec-1997 | Current |
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Prashant Deo
|
Director | 02-Jun-2017 | Current |
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Shivakumar Kheny
|
Whole-Time Director | 19-Jan-1996 | Current |
|
Vikram Munje
|
Director | 10-Aug-2023 | Current |
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Bhalchandra Mitkari
|
Director | 02-Jun-2017 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Bf Industrial Technology & Solutions LimitedVikram Munje is a mutual person
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Kalyani Strategic Systems LimitedVikram Munje is a mutual person
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Hospet Steels LimitedShivakumar Kheny is a mutual person
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Nandi Infrastructure Corridor Enterprise LimitedAshok Kheny, Arehalli Shiva and 3 more are mutual person
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Nandi Economic Corridor Enterprises Limited.
Ashok Kheny, Arehalli Shiva and 3 more are mutual person
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Bf Utilities LimitedBhalchandra Mitkari and Jayant Hemade are mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2022 | Hdfc Bank Limited | ₹4.50 M | Satisfied |
| 06 Oct 2022 | Others | ₹70.00 Cr | Satisfied |
| 18 Jan 2019 | Others | ₹120.00 Cr | Satisfied |
| 17 Dec 2014 | Kotak Mahindra Investments Limited | ₹30.00 Cr | Satisfied |
| 27 Jun 2013 | Tata Capital Financial Services Limited | ₹30.00 Cr | Satisfied |
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.
Deals i
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
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
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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