Nandi Infrastructure Corridor Enterprise Profile
Key Indicators
- Authorised Capital ₹ 126.00 Cr
- Paid Up Capital ₹ 125.09 Cr
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,603.00 Cr
- Revenue Growth 46.94%
- Profit Growth 36.57%
- Ebitda -53.92%
- Net Worth -0.88%
- Total Assets 1.07%
About Nandi Infrastructure Corridor Enterprise
Nandi Infrastructure Corridor Enterprise Limited (NICEL) is a Public Limited Indian Non-Government Company incorporated in India on 19 January 1996 and has a history of 29 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Nandi Infrastructure Corridor Enterprises Limited. 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 126.00 Cr and a paid-up capital of Rs 125.09 Cr.
The company currently has active open charges totaling ₹1,603.00 Cr.
The Key Managerial Personnel (KMP) at Nandi Infrastructure Corridor Enterprise Limited India are Balaji Nayanameni as COMPANY SECRETARY and Ashoka Shetty as Cfo. Ashok Kheny, Arehalli Shiva, Deepti Puranik, and Four other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1996PLC019619
- Company No.
019619
- 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
Nandi Infrastructure Corridor Enterprise Limited
Explore comprehensive data for Nandi Infrastructure Corridor Enterprise Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nandi Infrastructure Corridor Enterprise?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Kheny  | Managing Director | 04-Dec-1997 | Current |
| Balaji Nayanameni | Company Secretary | 18-Jul-2017 | Current |
| Ashoka Shetty | CFO | 29-Sep-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arehalli Shiva | Director | 10-Nov-2022 | Current |
| Deepti Puranik | Director | 16-Jul-2015 | Current |
| Vikram Munje | Director | 10-Aug-2023 | Current |
| Bhalchandra Mitkari | Director | 29-Sep-2011 | Current |
| Shrikrishna Adivarekar | Director | 07-Nov-2023 | Current |
| Jayant Hemade | Director | 27-May-2024 | Current |
Financial Performance of Nandi Infrastructure Corridor Enterprise.
Nandi Infrastructure Corridor Enterprise Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.94% increase. The company also saw a substantial improvement in profitability, with a 36.57% increase in profit. The company's net worth dipped by a decrease of 0.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nandi Infrastructure Corridor Enterprise?
In 2022, 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.
Related Corporates (Common Directorship)
Bf Industrial Technology & Solutions LimitedVikram Munje is a mutual person
Kalyani Strategic Systems LimitedVikram Munje is a mutual person
Hikal LimitedShrikrishna Adivarekar is a mutual person
Bf Infrastructure LimitedDeepti Puranik is a mutual person
- Nandi Highway Developers Limited
Ashok Kheny, Arehalli Shiva and 3 more are mutual person
- Nandi Economic Corridor Enterprises Limited.
Ashok Kheny, Arehalli Shiva and 6 more are mutual person
Charges (Loans)
Open Charges
₹1,603.00 Cr
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2015 | Idbi Trusteeship Services Limited | ₹1,560.00 Cr | Open |
| 28 Apr 2004 | The Western India Trustee And Executor Company Ltd. | ₹43.00 Cr | Open |
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.
Deals i
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
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.
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.
- Director Appointment
Jayant Kumodchandra Hemade was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 10 months 17 days .
- Balance Sheet
Nandi Infrastructure Corridor Enterprise Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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 1 year 5 months .
- 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 8 months .
- Director Appointment
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 2 years 5 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Nandi Infrastructure Corridor Enterprise Limited?
Nandi Infrastructure Corridor Enterprise Limited was incorporated on 19 Jan 1996.
What is authorized share capital and paid-up capital of Nandi Infrastructure Corridor Enterprise Limited?
The authorized share capital of Nandi Infrastructure Corridor Enterprise Limited is ₹ 126.00 Cr and paid-up capital is ₹ 125.09 Cr.
Who are the current board members & directors of Nandi Infrastructure Corridor Enterprise Limited?
Currently 9 directors are associated with Nandi Infrastructure Corridor Enterprise Limited.
- Ashok Kumar Kheny
- Arehalli Subramanyam Basappa Shiva
- Deepti Rajeev Puranik
- Vikram Manohar Munje
- Bhalchandra Shankar Mitkari
- Shrikrishna Kiran Adivarekar
- Jayant Kumodchandra Hemade
- Balaji Naidu Nayanameni
- Ashoka Kumar Shetty
What is the registered address of Nandi Infrastructure Corridor Enterprise Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nandi Infrastructure Corridor Enterprise Limited is No 1 Midford House, Midford Gardens Off M.G.Road India, Bangalore, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Nandi Infrastructure Corridor Enterprise Limited?
The corporate identification number (CIN) of Nandi Infrastructure Corridor Enterprise Limited is U85110KA1996PLC019619 and the company number is 019619 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nandi Infrastructure Corridor Enterprise Limited?
The Official website of Nandi Infrastructure Corridor Enterprise Limited is https://www.nicelimited.com
What has been the recent revenue trend for Nandi Infrastructure Corridor Enterprise Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Nandi Infrastructure Corridor Enterprise Limited has risen by 46.94%.
How many employees does Nandi Infrastructure Corridor Enterprise Limited currently have?
As Per 2022 financial reports, 115 employees are currently employed by Nandi Infrastructure Corridor Enterprise Limited.
What change has been observed in the net worth of Nandi Infrastructure Corridor Enterprise Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Nandi Infrastructure Corridor Enterprise Limited has experienced an downturn of -0.88%.
What are the total open charges for Nandi Infrastructure Corridor Enterprise Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Nandi Infrastructure Corridor Enterprise Limited amount to ₹ 1,603.00 Cr.
When was the last Balance Sheet of Nandi Infrastructure Corridor Enterprise Limited filed with the ROC?
The most recent Balance Sheet for Nandi Infrastructure Corridor Enterprise Limited was filed with the ROC on 31 Mar 2024.
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