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Nesco

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Namestring
Nesco
Legal namestring
Nesco Limited
Websiteurl
nesco.in
Company typeenum
Public
Founded yearint
1959
Descriptiontext

Nesco Limited is an Indian publicly listed company (traded on BSE and NSE) headquartered in Goregaon, Mumbai, operating the NESCO Exhibition Centre—one of Mumbai's principal large-scale venues for concerts, exhibitions, trade shows, conferences, and corporate events. Founded in 1959, the company has built a multi-decade track record hosting major international music events (techno, EDM, international artist concerts) and trade exhibitions. Beyond the core exhibition centre operations, the firm maintains segmental reporting across Foods and Indabrator operations alongside its Live Events division.

The company operates a venue-rental business model, generating revenue through direct on-site rentals to event organisers and promoters. Pricing is quote-based and not publicly disclosed. Its primary customer segments are concert and music event organisers, who require large-scale infrastructure for live entertainment, and exhibition and trade show organisers, who need premium exhibition space with logistical support and high footfall. The Goregaon venue is reported to support capacities of approximately 4,000+ attendees, making it one of the few Mumbai venues capable of hosting large-format entertainment and trade events.

Nesco reports 51-100 employees, which is consistent with an asset-heavy venue operation where the principal capital is the physical facility itself. Financially, FY26 (ended March 2026) sales reached Rs 932.06 crore, up 27.33% year-over-year, with FY26 net profit of Rs 412.74 crore and Q4 FY26 net profit of Rs 93.05 crore (up 5% YoY). The company declared a final dividend of Rs 7 per share for FY26 and filed its FY26 BRSR report covering ESG parameters. In April 2026, the company faced a reputational event when two attendees died from a drug overdose at a techno concert held at the NESCO centre, leading to arrests that included NESCO's VP of Live Events and a Manager.

Short descriptiontext

Nesco Limited is an Indian publicly listed company operating the NESCO Exhibition Centre in Goregaon, Mumbai, providing large-scale venue infrastructure for concerts, exhibitions, trade shows, and conferences, serving event organisers across Western India.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersGoregaon, India
HQ citystring
Goregaon
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
exhibition venue rentals, convention center operations, live event hosting, MICE services, corporate event spaces
Industry4 codes
1Outdoor Event Venues (Pavilions, Amphitheaters, Parks)
CodeTHAHAAAJPrimaryYes
2Conferences & Conventions Operations Services (Registration, AV, Logistics)
CodeMPAGAGAMPrimaryNo
3Exhibition & Trade Show Management (Conference-Adjacent)
CodeTHAHACAFPrimaryNo
4Venue Food, Beverage & Hospitality Operations (Concessions, Catering, Premium Seating)
CodeMPAGALANPrimaryNo
NAICS code2 codes
  • Promoters of Performing Arts, Sports, and Similar Events with Facilities71131
  • Performing Arts, Spectator Sports, and Related Industries711
SIC code3 codes
  • Services-Miscellaneous Amusement & Recreation7990
  • Retail-Eating & Drinking Places5810
  • Services-Amusement & Recreation Services7900
Product category
Exhibition and Convention Venue Services
No data
Revenue model1 record
1Exhibition Centre Operations
TypeOne Time License
Description

NESCO operates its exhibition centre in Goregaon, Mumbai as a venue for concerts, events, exhibitions, and conferences. Revenue is generated through venue rental fees, event hosting charges, and related services.

business-standard.com
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Nesco Limited operates the NESCO Exhibition Centre in Goregaon, Mumbai as a large-scale venue for concerts, exhibitions, trade shows, conferences, and corporate events. The company also runs a Live Events division and has business segments covering foods, indabrator operations, hospitality, MICE, and realty.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Venue hosted concert attended by approximately 4,000 people
Product overview1 text field

Nesco Limited is an Indian listed company (BSE/NSE) operating primarily as an exhibition and convention centre operator. Based on the available source material, Nesco operates the NESCO Exhibition Centre in Goregaon, Mumbai, which serves as a venue for events, exhibitions, and live concerts. The company appears to have business segments including foods and indabrator operations based on segmental financial reporting. Nesco also has a Live Events division. The company files mandatory BRSR (Business Responsibility and Sustainability Report) with SEBI and operates its core exhibition venue business from Mumbai. No detailed product portfolio, module architecture, or distinct brand offerings are described in the available source material.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Large-scale convention and exhibition venue in Mumbai's BKC area operated by Reliance. Directly comparable to NESCO as a premium Mumbai exhibition/convention venue competing for the same corporate events and trade show organisers.

2Bombay Exhibition Centre (BEC)
TypeDirect peer
Description

Long-established exhibition venue in Mumbai's Goregaon area, in close geographic proximity to NESCO. Hosts trade shows and exhibitions for similar organiser and exhibitor customers, making it the closest head-to-head competitor for Mumbai exhibition bookings.

TypeDirect peer
Description

Newly opened mega convention and exhibition centre in Dwarka, New Delhi, developed under the Government of India's MICE infrastructure push. Comparable as a large-scale exhibition and convention venue targeting national and international conferences and expos.

4Pragati Maidan (ITPO)
TypeDirect peer
Description

India's flagship exhibition complex in New Delhi operated by India Trade Promotion Organisation. Comparable as a heritage convention/exhibition venue hosting the India Trade Fair and major business events, competing with NESCO for premium exhibition tenants.

TypeRegional player
Description

Major exhibition and convention venue in Bengaluru serving South India's MICE market. Comparable exhibition-venue business model targeting trade shows and conferences but in a different Indian geography than NESCO.

TypeRegional player
Description

Hyderabad-based exhibition complex hosting trade fairs, conferences, and consumer events. Comparable venue operator model serving a regional Indian MICE market rather than directly competing with NESCO in Mumbai.

TypeBroad incumbent
Description

Global venue management and event services company operating arenas, convention centres, and theatres worldwide. Comparable as a venue operator and event services provider at much larger scale, with potential overlap in venue management services Nesco could either partner with or compete against.

TypeRegional player
Description

Coimbatore-based exhibition venue hosting trade fairs and industry events. Comparable exhibition venue business model but serves the South Indian regional market rather than Mumbai's premium MICE segment.

TypeBroad incumbent
Description

Global entertainment and venue operator promoting live events and managing arenas/theatres. Comparable as a major venue operator and concert promoter in the live entertainment industry, intersecting with NESCO's concert-hosting business at much larger international scale.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Nesco

Exhibition and Convention Venue Servicesnesco.in

Nesco Limited is an Indian publicly listed company operating the NESCO Exhibition Centre in Goregaon, Mumbai, providing large-scale venue infrastructure for concerts, exhibitions, trade shows, and conferences, serving event organisers across Western India.

What Nesco does

Nesco Limited is an Indian publicly listed company (traded on BSE and NSE) headquartered in Goregaon, Mumbai, operating the NESCO Exhibition Centre—one of Mumbai's principal large-scale venues for concerts, exhibitions, trade shows, conferences, and corporate events. Founded in 1959, the company has built a multi-decade track record hosting major international music events (techno, EDM, international artist concerts) and trade exhibitions. Beyond the core exhibition centre operations, the firm maintains segmental reporting across Foods and Indabrator operations alongside its Live Events division.

The company operates a venue-rental business model, generating revenue through direct on-site rentals to event organisers and promoters. Pricing is quote-based and not publicly disclosed. Its primary customer segments are concert and music event organisers, who require large-scale infrastructure for live entertainment, and exhibition and trade show organisers, who need premium exhibition space with logistical support and high footfall. The Goregaon venue is reported to support capacities of approximately 4,000+ attendees, making it one of the few Mumbai venues capable of hosting large-format entertainment and trade events.

Nesco reports 51-100 employees, which is consistent with an asset-heavy venue operation where the principal capital is the physical facility itself. Financially, FY26 (ended March 2026) sales reached Rs 932.06 crore, up 27.33% year-over-year, with FY26 net profit of Rs 412.74 crore and Q4 FY26 net profit of Rs 93.05 crore (up 5% YoY). The company declared a final dividend of Rs 7 per share for FY26 and filed its FY26 BRSR report covering ESG parameters. In April 2026, the company faced a reputational event when two attendees died from a drug overdose at a techno concert held at the NESCO centre, leading to arrests that included NESCO's VP of Live Events and a Manager.

Nesco firmographics

Firmographics
Name
Nesco
Legal name
Nesco Limited
Website
https://nesco.in
Company type
Public
Founded year
1959
Operating status
Operating
Headcount range
51–100 employees
Short description
Nesco Limited is an Indian publicly listed company operating the NESCO Exhibition Centre in Goregaon, Mumbai, providing large-scale venue infrastructure for concerts, exhibitions, trade shows, and conferences, serving event organisers across Western India.
Ownership category
akta.pro rank

Nesco industry classification

Industry
Product category
Exhibition and Convention Venue Services
NAICS
Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131), Performing Arts, Spectator Sports, and Related Industries (711)
SIC
Services-Miscellaneous Amusement & Recreation (7990), Retail-Eating & Drinking Places (5810), Services-Amusement & Recreation Services (7900)
akta.pro primary industry
Outdoor Event Venues (Pavilions, Amphitheaters, Parks) (THAHAAAJ)
akta.pro secondary industries
Conferences & Conventions Operations Services (Registration, AV, Logistics) (MPAGAGAM), Exhibition & Trade Show Management (Conference-Adjacent) (THAHACAF), Venue Food, Beverage & Hospitality Operations (Concessions, Catering, Premium Seating) (MPAGALAN)

Keywords

  • Exhibition venue rentals
  • Convention center operations
  • Live event hosting
  • MICE services
  • Corporate event spaces

Where Nesco is headquartered

Location

Headquarters

HQ city
Goregaon
HQ country
India
HQ region
Asia

Offices1 record

Markets served

Nesco business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

  1. Exhibition Centre Operations: NESCO operates its exhibition centre in Goregaon, Mumbai as a venue for concerts, events, exhibitions, and conferences. Revenue is generated through venue rental fees, event hosting charges, and related services.

Distribution channels1 record

Nesco product offering

Product offering

Core offering

Nesco Limited operates the NESCO Exhibition Centre in Goregaon, Mumbai as a large-scale venue for concerts, exhibitions, trade shows, conferences, and corporate events. The company also runs a Live Events division and has business segments covering foods, indabrator operations, hospitality, MICE, and realty.

Product overview

Nesco Limited is an Indian listed company (BSE/NSE) operating primarily as an exhibition and convention centre operator. Based on the available source material, Nesco operates the NESCO Exhibition Centre in Goregaon, Mumbai, which serves as a venue for events, exhibitions, and live concerts. The company appears to have business segments including foods and indabrator operations based on segmental financial reporting. Nesco also has a Live Events division. The company files mandatory BRSR (Business Responsibility and Sustainability Report) with SEBI and operates its core exhibition venue business from Mumbai. No detailed product portfolio, module architecture, or distinct brand offerings are described in the available source material.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • Venue hosted concert attended by approximately 4,000 people

Companies that use Nesco

Customer profile

Segments2 records

Ideal customer profiles2 records

Nesco technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Nesco partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves5 records

Expansion highlights3 records

Nesco competitors and assessment

Company assessment

Direct peers

  • Jio World Convention Centre: Large-scale convention and exhibition venue in Mumbai's BKC area operated by Reliance. Directly comparable to NESCO as a premium Mumbai exhibition/convention venue competing for the same corporate events and trade show organisers.
  • Bombay Exhibition Centre (BEC): Long-established exhibition venue in Mumbai's Goregaon area, in close geographic proximity to NESCO. Hosts trade shows and exhibitions for similar organiser and exhibitor customers, making it the closest head-to-head competitor for Mumbai exhibition bookings.
  • Yashobhoomi (India International Convention & Expo Centre): Newly opened mega convention and exhibition centre in Dwarka, New Delhi, developed under the Government of India's MICE infrastructure push. Comparable as a large-scale exhibition and convention venue targeting national and international conferences and expos.
  • Pragati Maidan (ITPO): India's flagship exhibition complex in New Delhi operated by India Trade Promotion Organisation. Comparable as a heritage convention/exhibition venue hosting the India Trade Fair and major business events, competing with NESCO for premium exhibition tenants.

Regional players

  • Bangalore International Exhibition Centre (BIEC): Major exhibition and convention venue in Bengaluru serving South India's MICE market. Comparable exhibition-venue business model targeting trade shows and conferences but in a different Indian geography than NESCO.
  • HITEX Exhibition Center: Hyderabad-based exhibition complex hosting trade fairs, conferences, and consumer events. Comparable venue operator model serving a regional Indian MICE market rather than directly competing with NESCO in Mumbai.
  • Codissia Trade Fair Complex: Coimbatore-based exhibition venue hosting trade fairs and industry events. Comparable exhibition venue business model but serves the South Indian regional market rather than Mumbai's premium MICE segment.

Broad incumbents

  • ASM Global: Global venue management and event services company operating arenas, convention centres, and theatres worldwide. Comparable as a venue operator and event services provider at much larger scale, with potential overlap in venue management services Nesco could either partner with or compete against.
  • AEG Presents / Anschutz Entertainment Group: Global entertainment and venue operator promoting live events and managing arenas/theatres. Comparable as a major venue operator and concert promoter in the live entertainment industry, intersecting with NESCO's concert-hosting business at much larger international scale.

Others

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

Nesco compliance and trust

Trust signal

Compliance1 record

Nesco financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Nesco leadership team

Management profile

Number of profiles

Profiles2 records

Nesco funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Nesco M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nesco

What does Nesco do?

Nesco Limited operates the NESCO Exhibition Centre in Goregaon, Mumbai as a large-scale venue for concerts, exhibitions, trade shows, conferences, and corporate events. The company also runs a Live Events division and has business segments covering foods, indabrator operations, hospitality, MICE, and realty.

Is Nesco a public or private company?

Nesco is a public company. It is classified as public and is currently operating.

When was Nesco founded?

Nesco was founded in 1959. It employs 51 to 100 people.

Where is Nesco based?

Nesco is headquartered in Goregaon, India, in the Asia region.

How does Nesco make money?

One revenue line is on record: exhibition Centre Operations.

Who are Nesco's main competitors?

Direct peers on record are Jio World Convention Centre, Bombay Exhibition Centre (BEC), Yashobhoomi (India International Convention & Expo Centre) and Pragati Maidan (ITPO). Regional players are Bangalore International Exhibition Centre (BIEC), HITEX Exhibition Center and Codissia Trade Fair Complex. Broad incumbents are ASM Global and AEG Presents / Anschutz Entertainment Group. Live Nation Entertainment is listed as an others.

Does Nesco have an API?

No public API is recorded for Nesco.

What industry is Nesco in?

Nesco's product category is Exhibition and Convention Venue Services. Its primary akta.pro industry code is THAHAAAJ, Outdoor Event Venues (Pavilions, Amphitheaters, Parks), with a secondary code of MPAGAGAM, Conferences & Conventions Operations Services (Registration, AV, Logistics). Its NAICS code is 71131 and its SIC code is 7990.

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Contact sales
Live signals
The Times of IndiaMumbai Nesco drug case: Court rejects second bail plea of bouncerA Mumbai special NDPS court rejected the second bail plea of security guard Pradeep Gupta, ruling that his unauthorized entry of drug suppliers facilitated 933 ecstasy pills causing two deaths. The judge cited the gravity of the offence, quantity of contraband, and deaths as reasons for denial.ScanXNesco Ltd to host investor meet at Nirmal Bang conference on Aug 10Nesco Limited announced it will host investor meetings at the Nirmal Bang Semi-Annual Investor Conference 2026 on August 10, 2026, in Mumbai. The sessions will include one-on-one and group interactions with analysts and institutional investors. The company stated that discussions will rely solely on publicly available information with no unpublished price-sensitive information shared.Business News TodayNESCO Consolidated June 2026 Net Sales at Rs 211.80 crore, up 9.55% Y-o-Y- Moneycontrol.comNESCO reported consolidated net sales of Rs 211.80 crore for June 2026, up 9.55% year-on-year from Rs 193.34 crore in June 2025. Quarterly net profit increased to Rs 99.96 crore (up 3.97%) while EBITDA rose to Rs 145.97 crore (up 5.43%) over the same period. EPS improved to Rs 14.19 from Rs 13.64 year-on-year.ScanXNesco appoints Ashish Joshi as Chief Procurement & Contracts OfficerNesco Limited appointed Ashish Joshi as Chief Procurement & Contracts Officer on July 28, 2026, designating him as Senior Managerial Personnel. Joshi brings over 30 years of procurement experience from real estate firms Piramal Realty and Oberoi Realty. The appointment aims to enhance Nesco's procurement and supply chain management capabilities.Business StandardNESCO consolidated net profit rises 3.97% in the June 2026 quarterNESCO reported a 3.97% increase in consolidated net profit to Rs 99.96 crore for the quarter ended June 2026, compared to Rs 96.14 crore in the same period the previous year. Sales grew 9.55% year-over-year to Rs 211.80 crore, though operating profit margin declined from 57.07% to 48.33%, indicating rising cost pressures. The company's revenue growth continues, but the margin compression suggests deteriorating profitability efficiency.NDTV ProfitNESCO, Graphite India, SPR Auto, Happy Forgings, K.P.R. Mill Dividend Record Date: Last Day To Buy Shares To QualifyMultiple Indian companies including NESCO Ltd., Graphite India Ltd., SPR Auto Technologies Ltd., Happy Forgings Ltd., and K.P.R. Mill Limited have set July 20, 2026 as their record date for final dividend payouts, making July 17 the last trading day for retail investors to purchase shares and qualify for the dividends. The article provides a comprehensive list of 12 companies announcing final dividends ranging from Rs. 0.60 to Rs. 7.00 per share. Due to India's T+1 settlement cycle, shares purchased on the record date itself will not be eligible for the dividend payment.The Indian ExpressNESCO concert deaths: Cops file 3,500-page chargesheet, deceased’s classmate namedMumbai Police filed a 3,500-page chargesheet against 12 accused, including the alleged mastermind Ayush Vicky Sahitya and a classmate of the deceased, in connection with the deaths of two MBA students who consumed drugs at a techno music concert at NESCO in Goregaon in April. The chargesheet lists around 110 witnesses and corroborates the presence of MDMA in the victims' toxicology reports, with the contraband allegedly sourced from abroad and concealed inside paint containers. Two suspects remain wanted in the case, while two NESCO employees and the event organiser have been granted bail.ScanXNesco files BRSR for FY26, details ESG progressNesco filed its Business Responsibility and Sustainability Report for FY26, detailing progress on ESG parameters including renewable energy adoption, waste management, and workplace safety. The report was released following strong financial results for the year. The BRSR is a mandatory disclosure format mandated by SEBI for listed companies in India.ScanXNesco recommends ₹7 final dividend for FY26Nesco Limited has announced a final dividend of ₹7 per share for FY26, payable on or before August 12, 2026, with a record date of July 20, 2026. The dividend recommendation is subject to shareholder approval at the company's 67th Annual General Meeting scheduled for July 27, 2026, which will be conducted via video conference.The Indian ExpressToxicology reports confirm ‘ecstasy’ in deaths of two students at Mumbai’s NESCO concertToxicology reports from the Forensic Science Laboratory have confirmed MDMA (ecstasy) in the bodies of two MBA students who died after falling ill at a music concert at NESCO in Mumbai in April 2026, corroborating investigators' suspicion that the women had consumed the party drug. Police have uncovered an alleged international supply chain through which the contraband was smuggled into India from the United States, concealed inside paint containers to evade detection. The Mumbai Crime Branch's Anti-Narcotics Cell had previously seized 5,000 MDMA pills worth around Rs 6 crore and arrested a woman from Titwala as part of the investigation.