Nahar Industrial Enterprises Limited (NIEL), a prominent diversified player in India, has announced the incorporation of a wholly owned subsidiary (WOS) under the name Logipark Kolkata Private Limited. This move marks a strategic entry into the warehousing and storage segment, expanding the company’s footprint in the logistics infrastructure space.

Incorporation and Capital Structure

Logipark Kolkata Private Limited was officially incorporated on April 8, 2025, as per regulatory filings. The company has an authorised share capital of Rs. 1,00,000/-, and paid-up share capital of Rs. 1,00,000/-, signifying an initial capital investment typical for early-stage ventures. The entire 10,000 equity shares, each priced at Rs. 10, have been subscribed by Nahar Industrial Enterprises Ltd, giving the parent firm 100 percent ownership in the newly formed entity.

It is important to note that Logipark Kolkata is yet to commence its operations, and as such, has not reported any turnover to date. This positions the subsidiary at a foundational stage with plans to scale in the future.

Nature of Transaction and Related Party Disclosure

The transaction classifies as a related party transaction since Logipark Kolkata Pvt Ltd is a wholly owned subsidiary of Nahar Industrial Enterprises. However, the promoter or promoter group of NIEL does not hold any personal interest in the transaction, ensuring that it has been carried out at arm’s length terms, compliant with corporate governance norms.

Sector Focus and Strategic Objectives

The newly incorporated company will engage in the business of Warehousing, Storage, and allied services. The incorporation aligns with Nahar Industrial’s strategic vision of diversifying its business portfolio and tapping into the booming logistics and warehousing market in India.

India’s warehousing sector has been growing significantly, driven by increased demand from e-commerce, retail, and manufacturing sectors. With government initiatives like Gati Shakti and National Logistics Policy, the warehousing industry is poised for massive growth, and Nahar’s move reflects proactive positioning in this emerging space.

Though warehousing is not NIEL’s core area, the company sees potential synergies in leveraging its industrial expertise to deliver infrastructure services, hence justifying the investment in a business outside its mainline operations.

Financial Details of the Acquisition

The entire acquisition of Logipark Kolkata Pvt Ltd was done via cash consideration, with Nahar Industrial Enterprises subscribing to 10,000 equity shares at face value of Rs. 10/- each, totalling Rs. 1,00,000. This makes it a low-risk initial investment, giving the company full flexibility to shape the subsidiary’s future operations as per market demands.

There are no governmental or regulatory approvals required for this acquisition at this stage, as the company is in its incorporation and pre-operational phase. Also, no indicative timeline has been announced for the commencement of operations.

Ownership and Control

As part of the incorporation process, Nahar Industrial Enterprises holds 100% shareholding, granting it complete control over the management and operations of Logipark Kolkata Private Limited. The move ensures unified strategic alignment and eliminates any potential conflicts of interest in decision-making processes.

Operational Roadmap and Future Prospects

While the immediate business activities are yet to be disclosed, the intent is clear: NIEL aims to build a robust warehousing infrastructure base. The focus could potentially include:

• Setting up modern storage facilities

• Cold chain solutions

• Industrial warehousing parks

• Logistics and inventory management services

The company may also leverage partnerships in the future to expand capacity or attract tenants in the form of 3PL providers, e-commerce players, or FMCG companies.

By starting operations in Kolkata, a major logistics hub in Eastern India, Nahar Industrial is well-positioned to cater to the warehousing needs of East and Northeast India, including export-import flows through Kolkata Port and Haldia.

Conclusion

This strategic development signifies Nahar Industrial Enterprises Ltd’s entry into a high-potential sector. The formation of Logipark Kolkata Private Limited reflects the company’s vision to diversify and scale across emerging growth areas. With full ownership, minimal initial cost, and alignment to infrastructure-driven sectors, this subsidiary is poised to be an asset in NIEL’s long-term growth strategy.

As warehousing becomes a critical part of India’s economic growth story, Logipark Kolkata Pvt Ltd could evolve into a key player, contributing to job creation, supply chain efficiency, and infrastructure development.

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