Axxom Development Nidhi Limited
About Axxom Development Nidhi Limited
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Axxom Development Nidhi Limited is a nidhi company based in Lakhimpur, Assam, 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), Guwahati, under CIN U65990AS2020PLN020507.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Diganta Hazarika and Janardan Hazarika.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 3 Simaluguri North Lakhimpur Dh Complex Dholpur Simaluguri Road Si, Maluguri, Assam, India – 784165.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.05 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹8.7 Lakh (net margin -172.3%) and EBITDA of -₹8.7 Lakh (EBITDA margin -172.3%). Revenue has grown at a compounded annual rate (CAGR) of 227% over three years.
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- Registered AddressNo 3 Simaluguri North Lakhimpur Dh Complex Dholpur Simaluguri Road Si, Maluguri, Assam, India – 784165
- IndustryFinancial Services, Other Financial Intermediation
- 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
- One PDF report, delivered after checkout
Business Activity of Axxom Development Nidhi Limited
The main business activity of Axxom Development Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Axxom Development Nidhi Limited FY 2025 filings available
Axxom Development Nidhi Limited reported revenue of ₹5.05 Lakh (down 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Axxom Development Nidhi Limited
Revenue fell 64% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 227%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Axxom Development Nidhi Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹8.7 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.7 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 of Axxom Development Nidhi Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -172.3% | •••• | •••• | •••• |
| Net Profit Margin | -172.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Axxom Development Nidhi are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Axxom Development Nidhi Limited
Axxom Development Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diganta Hazarika Also directs: Adnl Micro Seva Foundation | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
| Janardan Hazarika | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
| Jyoti Baruah Also directs: Adnl Micro Seva Foundation | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
Peer Comparison of Axxom Development Nidhi Limited
Axxom Development Nidhi Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suryodaya Urban Nidhi Limited | ₹5.05 Lakh (FY 2022) | •••• | •••• | 590.0% | •••• | Hingoli, Maharashtra, India |
| Harmany Nidhi Limited | ₹5.05 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Nadia, West Bengal, India |
| SRB Commodities Traders Private Limited | ₹5.05 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Moonbeam Chits Private Limited | ₹5.05 Lakh (FY 2016) | •••• | •••• | -30.0% | •••• | Sonipat, Haryana, India |
| People's Thrift and Chit Funds Private Limited | ₹5.05 Lakh (FY 2021) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Axxom Development Nidhi Limited this company | ₹5.05 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Lakhimpur, Assam, India |
| Kongumandalam Finance Private Limited | ₹5.05 Lakh (FY 2022) | •••• | •••• | •••• | Karur, Tamil Nadu, India | |
| Sankalppurti Chit Funds Private Limited | ₹5.04 Lakh (FY 2017) | •••• | •••• | -48.0% | •••• | Satara, Maharashtra, India |
| GRD Capital Markets Limited | ₹5.04 Lakh (FY 2018) | •••• | •••• | -95.0% | •••• | Kolkata, West Bengal, India |
| Doyen Marketing Pvt. Ltd. | ₹5.04 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
| Samparka Global Nidhi Limited | ₹5.03 Lakh (FY 2022) | •••• | •••• | 141.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Axxom Development Nidhi by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Axxom Development Nidhi Limited
Axxom Development Nidhi Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Axxom Development Nidhi Limited
Employment history and EPFO contributions of people linked to Axxom Development Nidhi.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Axxom Development Nidhi Limited
Axxom Development Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Diganta Hazarika was appointed as Director on 24 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Axxom Development Nidhi Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Axxom Development Nidhi Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Axxom Development Nidhi Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Axxom Development Nidhi Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Axxom Development Nidhi Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Axxom Development Nidhi Limited
Axxom Development Nidhi is an active nidhi company based in Lakhimpur, Assam, 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 U65990AS2020PLN020507.
Axxom Development Nidhi reported revenue of ₹5.05 Lakh for FY 2024 (down 64% YoY).
Axxom Development Nidhi has 3 current directors:
- Diganta Hazarika - Director
- Janardan Hazarika - Director
- Jyoti Baruah - Director
Axxom Development Nidhi reported a net loss of ₹8.7 Lakh (net margin -172.3%) and EBITDA of -₹8.7 Lakh (EBITDA margin -172.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axxom Development Nidhi is 227% over three years. In the latest year (FY 2024) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Axxom Development Nidhi is U65990AS2020PLN020507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axxom Development Nidhi was incorporated on 24 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Axxom Development Nidhi by revenue are Suryodaya Urban Nidhi Limited, Harmany Nidhi Limited, SRB Commodities Traders Private Limited, Moonbeam Chits Private Limited, People's Thrift and Chit Funds Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Diganta Hazarika was appointed as Director on 24 Sep 2020. Janardan Hazarika was appointed as Director on 24 Sep 2020. Jyoti Baruah was appointed as Director on 24 Sep 2020.
The registered office of Axxom Development Nidhi is at No 3 Simaluguri North Lakhimpur Dh Complex Dholpur Simaluguri Road Si, Maluguri, Assam, India – 784165.
Axxom Development Nidhi has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh.