Akps Nidhi Limited
About Akps Nidhi Limited
Data last updated:
Akps Nidhi Limited is a nidhi company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 20 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2020PLN134207. Its GSTIN is 29AATCA4780F1Z6 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Kumar Monnappa Anupama and Poornima Monnappa Kumbar.
Its last annual general meeting (AGM) was held on 30 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹54.15 Lakh. For the same year it recorded a net profit of ₹18,616 (net margin 0.3%) and EBITDA of ₹7.73 Lakh (EBITDA margin 14.3%).
The company is associated with 1 brand: AKPS Nidhi. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 10 cases are pending.
Company details
Contact details
Akps Nidhi Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressB.No – 4/1/23/109 Court Road Rojipura Near Mahaveer Jain Vidhyalaya Doddaball, Apura, Bangalore, Karnataka, India – 561203
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Akps Nidhi Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Akps Nidhi operates one associated brand: AKPS Nidhi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides diversified loan solutions to members. | akpsnidhi.in |
Business activity
The main business activity of Akps Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Akps Nidhi Limited, buy the company report.
Financials of Akps Nidhi Limited
FY 2021 filings availableAkps Nidhi Limited reported revenue of ₹54.15 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹54.15 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹7.73 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹18,616 |
| 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
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 14.3% |
| Net Profit Margin | 0.3% |
| 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 Akps Nidhi Limited, buy the company report.
Board of directors of Akps Nidhi Limited
Akps Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Monnappa Anupama Also directs: Akps MH Nidhi Limited, Ivyani Retail Emporium Private Limited | Director | 20 May 2020 | 6 Years 5 Months | Current |
| Poornima Monnappa Kumbar Also directs: Karunadu Products India Private Limited, Sri Poorni Enterprises Private Limited, Akps Shivamogha Nidhi Limited and 3 more | Director | 20 May 2020 | 6 Years 5 Months | Current |
| Shankar Dharman Also directs: Sri Poorni Enterprises Private Limited, Akps Shivamogha Nidhi Limited, Akps Microfincance Private Limited and 4 more | Director | 20 May 2020 | 6 Years 5 Months | Current |
Peer comparison
Akps Nidhi Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.K. Rise Nidhi Limited | ₹54.55 Lakh (FY 2024) | 28.0% | Dholpur, Rajasthan, India | |||
| Kavasa Chit Funds Private Limited | ₹54.53 Lakh (FY 2025) | 14.0% | Secunderabad, Telangana, India | |||
| Pianganga Urban Multipurpose Nidhi Limited | ₹54.33 Lakh (FY 2024) | 23.0% | Nanded, Maharashtra, India | |||
| Tegh Nidhi Limited | ₹54.22 Lakh (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Akps Nidhi Limitedthis company | ₹54.15 Lakh (FY 2021) | ₹18,616 | 0.3% | Bangalore, Karnataka, India | ||
| Valayanchirangara Nidhi Limited | ₹54.09 Lakh (FY 2024) | 9.0% | Ernakulam, Kerala, India | |||
| Uplabdh Nidhi Limited | ₹53.99 Lakh (FY 2025) | 12.0% | Bhopal, Madhya Pradesh, India | |||
| Heewan Nidhi Limited | ₹53.9 Lakh (FY 2021) | -24.0% | Thrissur, Kerala, India | |||
| Vellore Mahalakshmi Nidhi Limited | ₹53.63 Lakh (FY 2025) | 29.0% | Vellore, Tamil Nadu, India |
To see the full peer comparison of Akps Nidhi Limited, buy the company report.
Legal cases
Akps Nidhi Limited has 16 court cases on record: 1 filed by Akps Nidhi, 15 filed against it. 10 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 9 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against M/S. Enzen Global Solutions Pvt. Ltd., | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Enzen Global Solutions Pvt Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Horizon Ventures | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Akps Nidhi Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akps Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akps Nidhi Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Akps Nidhi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCA4780F1Z6 | Karnataka | Active | 11 Jun 2020 |
To see the full GST registrations and return filing status of Akps Nidhi Limited, buy the company report.
Recent activity
Akps Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Kumar Monnappa Anupama was appointed as Director on 20 May 2020.
Frequently asked questions
Akps Nidhi is an active nidhi company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 20 May 2020 (6+ years old) and is registered under CIN U65999KA2020PLN134207.
Akps Nidhi has 3 current directors:
- Kumar Monnappa Anupama - Director
- Poornima Monnappa Kumbar - Director
- Shankar Dharman - Director
The latest financial statements of Akps Nidhi on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 December 2021. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Akps Nidhi is 29AATCA4780F1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Akps Nidhi is U65999KA2020PLN134207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akps Nidhi has 16 court cases on record: 1 filed by the company and 15 filed against it. 10 are pending. Most are in the district courts.
Akps Nidhi was incorporated on 20 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Akps Nidhi by revenue are R.K. Rise Nidhi Limited, Kavasa Chit Funds Private Limited, Pianganga Urban Multipurpose Nidhi Limited, Tegh Nidhi Limited, Valayanchirangara Nidhi Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kumar Monnappa Anupama was appointed as Director on 20 May 2020. Poornima Monnappa Kumbar was appointed as Director on 20 May 2020. Shankar Dharman was appointed as Director on 20 May 2020.
The registered office of Akps Nidhi is at B.No – 4123109 Court Road Rojipura Near Mahaveer Jain Vidhyalaya Doddaball, Apura, Bangalore, Karnataka, India – 561203.
Akps Nidhi operates in the financial services industry, in the microfinance institutions segment.