Charan Sparsh Nidhi Limited
About Charan Sparsh Nidhi Limited
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Charan Sparsh Nidhi Limited is a nidhi company based in Nagpur, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 01 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65990MH2020PLN343038.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹13.12 Lakh. It is led by directors including Usha Gajanan Dhage and Bharti Mangeshrao Bhaik.
Its last annual general meeting (AGM) was held on 22 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Zubair Nabi Shaikh Wd No.8 Near Shivaji Putla Chindwada Road Saoner, Nagpur, Maharashtra, India – 441107.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.62 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹33.61 Lakh (net margin -77%) and EBITDA of -₹1.85 Lakh (EBITDA margin -4.2%).
Company details
Contact details
Charan Sparsh Nidhi Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Zubair Nabi Shaikh Wd No.8 Near Shivaji Putla Chindwada Road Saoner, Nagpur, Maharashtra, India – 441107
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Charan Sparsh 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
Financials of Charan Sparsh Nidhi Limited
FY 2024 filings availableCharan Sparsh Nidhi Limited reported revenue of ₹43.62 Lakh (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year. EBITDA fell 760% in the latest 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 |
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| EBITDA | -₹1.85 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹33.61 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.2% | |||
| Net Profit Margin | -77% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Charan Sparsh Nidhi Limited, buy the company report.
Board of directors of Charan Sparsh Nidhi Limited
Charan Sparsh Nidhi has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Gajanan Dhage | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Bharti Mangeshrao Bhaik | Director | 01 Aug 2020 | 6 Years 3 Months | Current |
| Mangesh Bhaik | Director | 01 Aug 2020 | 6 Years 3 Months | Current |
Peer comparison
Charan Sparsh Nidhi Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Viswavikas Chits Private Limited | ₹44.05 Lakh (FY 2023) | -3.0% | Coimbatore, Tamil Nadu, India | |||
| Tulunadu Chits Private Limited | ₹43.9 Lakh (FY 2023) | 63.0% | Mangalore, Karnataka, India | |||
| Vakrangi Micro Finance | ₹43.87 Lakh (FY 2025) | 39.0% | Jaipur, Rajasthan, India | |||
| Chatrapati Urban Nidhi Limited | ₹43.86 Lakh (FY 2025) | -30.0% | Beed, Maharashtra, India | |||
| Charan Sparsh Nidhi Limitedthis company | ₹43.62 Lakh (FY 2024) | -₹33.61 Lakh | -77% | -31.0% | Nagpur, Maharashtra, India | |
| Suggi Chits Private Limited | ₹43.37 Lakh (FY 2025) | 13.0% | Mangalore, Karnataka, India | |||
| Shuba Shyamala Chit Fund Private Limited | ₹42.89 Lakh (FY 2025) | -24.0% | Hyderabad, Telangana, India | |||
| Ayappakkam TNHB Nidhi Limited | ₹42.82 Lakh (FY 2025) | 11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Charan Sparsh Nidhi Limited, buy the company report.
Auditor
Charan Sparsh Nidhi Limited is audited by R D AGARWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D AGARWAL & CO | FY 2022 | 100088W |
Shareholding
The shareholding of Charan Sparsh Nidhi Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Charan Sparsh Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Charan Sparsh 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 Charan Sparsh 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 Charan Sparsh Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Charan Sparsh Nidhi Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Sneha Madhav Diyewar ceased to be Director on 27 Jun 2022.
Frequently asked questions
Charan Sparsh Nidhi is an active nidhi company based in Nagpur, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 01 August 2020 (6+ years old) and is registered under CIN U65990MH2020PLN343038.
Charan Sparsh Nidhi has 3 current directors:
- Usha Gajanan Dhage - Director
- Bharti Mangeshrao Bhaik - Director
- Mangesh Bhaik - Director
The latest financial statements of Charan Sparsh Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Charan Sparsh Nidhi is U65990MH2020PLN343038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charan Sparsh Nidhi was incorporated on 01 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Charan Sparsh Nidhi by revenue are Viswavikas Chits Private Limited, Tulunadu Chits Private Limited, Vakrangi Micro Finance, Chatrapati Urban Nidhi Limited, Suggi Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Sneha Madhav Diyewar ceased to be Director on 27 Jun 2022. Usha Gajanan Dhage was appointed as Director on 15 Jun 2022. Bharti Mangeshrao Bhaik was appointed as Director on 01 Aug 2020. Charan Sparsh Nidhi has 4 board changes on record in total.
The registered office of Charan Sparsh Nidhi is at CO Zubair Nabi Shaikh Wd No.8 Near Shivaji Putla Chindwada Road Saoner, Nagpur, Maharashtra, India – 441107.
Charan Sparsh Nidhi operates in the financial services industry, in the microfinance institutions segment.
Charan Sparsh Nidhi can be reached at its registered office: CO Zubair Nabi Shaikh Wd No.8 Near Shivaji Putla Chindwada Road Saoner, Nagpur, Maharashtra, India – 441107.
Charan Sparsh Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Nagpur.
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