Champavat Nidhi Limited
About Champavat Nidhi Limited
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Champavat Nidhi Limited is a nidhi company based in Phalasiya Jhadol, Rajasthan, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 10 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65100RJ2018PLC061213.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Ashok Kumar Jain and Sunita Devi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ashok Kumar Jain S/O Hukam Chand Jain, Phalasiya Jhadol, Rajasthan, India – 313702.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.56 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹92,377 (net margin -10.8%) and EBITDA of ₹2.51 Lakh (EBITDA margin 29.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 56% over five years.
Company details
Contact details
Champavat Nidhi Limited's registered office is in Phalasiya Jhadol, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressAshok Kumar Jain S/O Hukam Chand Jain, Phalasiya Jhadol, Rajasthan, India – 313702
- IndustryFinancial Services, Bank Intermediatories
To see the full contact details of Champavat 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
Business activity
The main business activity of Champavat 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 Champavat Nidhi Limited, buy the company report.
Financials of Champavat Nidhi Limited
FY 2024 filings availableChampavat Nidhi Limited reported revenue of ₹8.56 Lakh (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 8% growth in the latest year. EBITDA fell 8% in the latest year. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.51 Lakh | ||||
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| Net Profit (PAT) | -₹92,377 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 29.3% | ||||
| Net Profit Margin | -10.8% | ||||
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To see the full financial statements and ratios of Champavat Nidhi Limited, buy the company report.
Board of directors of Champavat Nidhi Limited
Champavat Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Jain | Director | 10 May 2018 | 8 Years 5 Months | Current |
| Sunita Devi | Director | 10 May 2018 | 8 Years 5 Months | Current |
| Nitin Jain | Director | 10 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Champavat Nidhi Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Jhuria Financial Services Pvt Ltd | ₹8.56 Lakh (FY 2020) | 38.0% | Assam, India | |||
| Better Life Chits Private Limited | ₹8.56 Lakh (FY 2025) | -3.0% | Kozhikode, Kerala, India | |||
| Jubilant Multipurpose Vision Nidhi Limited | ₹8.56 Lakh (FY 2022) | 1.0% | Haridwar, Uttarakhand, India | |||
| Vibhuti Nidhi Limited | ₹8.56 Lakh (FY 2024) | 10.0% | Saharanpur, Uttar Pradesh, India | |||
| Saraswati Inspiration Private Limited | ₹8.56 Lakh (FY 2025) | 100.0% | New Delhi, Delhi, India | |||
| Champavat Nidhi Limitedthis company | ₹8.56 Lakh (FY 2024) | -₹92,377 | -10.8% | 8.0% | Phalasiya Jhadol, Rajasthan, India | |
| Vicinal Jobsurance Private Limited | ₹8.56 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Maa Bhagwati Micro Federation | ₹8.56 Lakh (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| SNBS Samajam Chits Private Limited | ₹8.55 Lakh (FY 2025) | 35.0% | Thrissur, Kerala, India | |||
| Stanley Vyapaar Pvt.Ltd. | ₹8.54 Lakh (FY 2025) | 18.0% | Sankrail, West Bengal, India | |||
| Meenakshisundaram Benefit Nidhi Limited | ₹8.54 Lakh (FY 2016) | 50.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Champavat Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Champavat Nidhi Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Champavat 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 Champavat Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Champavat Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Ashok Kumar Jain was appointed as Director on 10 May 2018.
Frequently asked questions
Champavat Nidhi is an active nidhi company based in Phalasiya Jhadol, Rajasthan, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 10 May 2018 (8+ years old) and is registered under CIN U65100RJ2018PLC061213.
Champavat Nidhi has 3 current directors:
- Ashok Kumar Jain - Director
- Sunita Devi - Director
- Nitin Jain - Director
The latest financial statements of Champavat Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Champavat Nidhi is U65100RJ2018PLC061213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Champavat Nidhi was incorporated on 10 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Champavat Nidhi by revenue are Jhuria Financial Services Pvt Ltd, Better Life Chits Private Limited, Jubilant Multipurpose Vision Nidhi Limited, Vibhuti Nidhi Limited, Saraswati Inspiration Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ashok Kumar Jain was appointed as Director on 10 May 2018. Nitin Jain was appointed as Director on 10 May 2018. Sunita Devi was appointed as Director on 10 May 2018.
The registered office of Champavat Nidhi is at Ashok Kumar Jain SO Hukam Chand Jain, Phalasiya Jhadol, Rajasthan, India – 313702.
Champavat Nidhi operates in the financial services industry, in the bank intermediatories segment.
Champavat Nidhi can be reached at its registered office: Ashok Kumar Jain SO Hukam Chand Jain, Phalasiya Jhadol, Rajasthan, India – 313702.
Champavat Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Jaipur.
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