Akhut Nidhi Limited - financial services in Nagda, Madhya Pradesh, India. Directors, charges & compliance details.
CIN U65929MP2020PLN052978 Incorporated 24 September 2020 ROC Gwalior HQ Nagda, Madhya Pradesh, India
Active Nidhi Company financial services
Data last updated
Revenue · FY 2023
₹37,080
▲ 1246% YoY
Net loss · FY 2023
₹1.65 Lakh
Net margin -444.8%
EBITDA · FY 2023
-₹1.63 Lakh
EBITDA margin -440.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Akhut Nidhi Limited

Data last updated:

Akhut Nidhi Limited is a nidhi company based in Nagda, Madhya Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 September 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65929MP2020PLN052978.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vaibhav Kanthed and Harsh Hingad.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 34 Tilak Marg Nagda, Madhya Pradesh, India – 456331.

As per the financials filed for FY 2023, the company reported a revenue of ₹37,080, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.65 Lakh (net margin -444.8%) and EBITDA of -₹1.63 Lakh (EBITDA margin -440.2%).

Company details

CIN U65929MP2020PLN052978
Registration Number 052978
Incorporation Date 24 September 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023

Contact details

Akhut Nidhi Limited's registered office is in Nagda, Madhya Pradesh.

  • Registered Address
    34 Tilak Marg Nagda, Madhya Pradesh, India – 456331
  • Industry
    Financial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
Comprehensive company report
Akhut Nidhi Limited - one report that includes everything
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Financials of Akhut Nidhi Limited

FY 2023 filings available

Akhut Nidhi Limited reported revenue of ₹37,080 (up 1246% YoY) for FY 2023.

Revenue · FY 2023
₹37,080 ▲ 1246%
Net loss · FY 2023
₹1.65 Lakh margin -444.8%
EBITDA · FY 2023
-₹1.63 Lakh margin -440.2%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.63 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.65 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-440.2%
Net Profit Margin-444.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Akhut Nidhi Limited, buy the company report.

Board of directors of Akhut Nidhi Limited

Akhut Nidhi has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vaibhav KanthedDirector24 Sep 20206 Years 1 MonthsCurrent
Harsh HingadDirector24 Sep 20206 Years 1 MonthsCurrent
Raj JainDirector24 Sep 20206 Years 1 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Akhut Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Akhut Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Akhut Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Harsh Hingad was appointed as Director on 24 Sep 2020.

AGM
Akhut Nidhi Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Akhut Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
Appointed
Harsh Hingad was appointed as Director.
Appointed
Raj Jain was appointed as Director.
Appointed
Vaibhav Kanthed was appointed as Director.
Incorporation
24 Sep 2020
Akhut Nidhi Limited was registered on 24 Sep 2020 with Roc Gwalior & aged 6 years 1 month as per MCA records.

Frequently asked questions

Akhut Nidhi is an active nidhi company based in Nagda, Madhya Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 September 2020 (6+ years old) and is registered under CIN U65929MP2020PLN052978.

Akhut Nidhi has 3 current directors:

The latest financial statements of Akhut Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Akhut Nidhi is U65929MP2020PLN052978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akhut Nidhi was incorporated on 24 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.

Harsh Hingad was appointed as Director on 24 Sep 2020. Raj Jain was appointed as Director on 24 Sep 2020. Vaibhav Kanthed was appointed as Director on 24 Sep 2020.

The registered office of Akhut Nidhi is at 34 Tilak Marg Nagda, Madhya Pradesh, India – 456331.

Akhut Nidhi operates in the financial services industry, in the other financial intermediation segment.

Akhut Nidhi can be reached at its registered office: 34 Tilak Marg Nagda, Madhya Pradesh, India – 456331.

Akhut Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Gwalior.