NHC Foods Ltd, formerly recognized as Midpoint Software & Electro Systems Limited, was established on August 4th, 1992. The company operates in the domain of Whole & Ground Spices, Lentils, Pulses, Grains, Oil Seeds, and assorted Agri-products and Food items.
The company intends to enhance its current operations by developing and producing 24,000 user-friendly software packages. Additionally, it plans to establish a new facility capable of accommodating 300 computer hardware units and peripherals at plot no. EL-20, TTC, MIDS, Thane. The projected cost of the project is estimated at Rs. 325 lakhs, to be financed through an equity capital of Rs. 300 lakhs and a term loan of Rs. 25 lakhs from Janata Sahakari Bank. Commercial production is expected to commence by July 1995.
However, due to the incomplete construction of the hardware division's factory building, the company failed to meet its projections. Moreover, the software developed by the company, known as Checkmate, struggled to gain traction in the market due to lack of updates.
Subsequently, in September 2012, the company introduced 7 new variants including Chole Masala, Sambhar Masala, Paani Puri Masala, Kitchen Mix, Egg Curry Masala, Fish Masala, and Jaljeera Masala. It expanded its market presence by venturing into new geographical regions, adding two new ports to its comprehensive network in 2022-23.
The company intends to enhance its current operations by developing and producing 24,000 user-friendly software packages. Additionally, it plans to establish a new facility capable of accommodating 300 computer hardware units and peripherals at plot no. EL-20, TTC, MIDS, Thane. The projected cost of the project is estimated at Rs. 325 lakhs, to be financed through an equity capital of Rs. 300 lakhs and a term loan of Rs. 25 lakhs from Janata Sahakari Bank. Commercial production is expected to commence by July 1995.
However, due to the incomplete construction of the hardware division's factory building, the company failed to meet its projections. Moreover, the software developed by the company, known as Checkmate, struggled to gain traction in the market due to lack of updates.
Subsequently, in September 2012, the company introduced 7 new variants including Chole Masala, Sambhar Masala, Paani Puri Masala, Kitchen Mix, Egg Curry Masala, Fish Masala, and Jaljeera Masala. It expanded its market presence by venturing into new geographical regions, adding two new ports to its comprehensive network in 2022-23.
