Cheraman Nidhi Limited
About Cheraman Nidhi Limited
Data last updated:
Cheraman Nidhi Limited is a nidhi company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2016PLC046505.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹45.55 Lakh. It is led by directors including Kothayil Balakrishnan Shaji (Managing Director) and Sudhen Kallingapurath Andikunji.
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 Xvii / 250 Plaza Complex South Nada Kodungallur, Thrissur, Kerala, India – 680664.
As per the financials filed for FY 2023, the company reported a revenue of ₹57.22 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.69 Lakh (net margin 4.7%) and EBITDA of ₹30.63 Lakh (EBITDA margin 53.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 18% over five years.
Court records list 100 cases involving the company, including 99 filed by the company and 1 filed against it; 32 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cheraman Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressXvii / 250 Plaza Complex South Nada Kodungallur, Thrissur, Kerala, India – 680664
- IndustryFinancial Services, Financial Activities
To see the full contact details of Cheraman 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 Cheraman 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 Cheraman Nidhi Limited, buy the company report.
Financials of Cheraman Nidhi Limited
FY 2024 filings availableCheraman Nidhi Limited reported revenue of ₹57.22 Lakh (down 22% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 45% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹30.63 Lakh | ||||
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| Net Profit (PAT) | ₹2.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.5% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Cheraman Nidhi Limited, buy the company report.
Board of directors of Cheraman Nidhi Limited
Cheraman Nidhi has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhen Kallingapurath Andikunji | Director | 09 Aug 2016 | 10 Years 3 Months | Current |
| Kothayil Balakrishnan Shaji Also directs: Cranganoor Chits Private Limited, Cheraman Kuries Private Limited | Managing Director | 09 Aug 2016 | 10 Years 3 Months | Current |
| Kunnathuveedu Nahsharban Abdul Kareem | Director | 09 Aug 2016 | 10 Years 3 Months | Current |
| Kombadath House Kunjunni Nair Mohanan Also directs: Cranganoor Chits Private Limited, Cheraman Kuries Private Limited | Director | 09 Aug 2016 | 10 Years 3 Months | Current |
Peer comparison
Cheraman Nidhi Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Incap Securities Private Limited | ₹57.29 Lakh (FY 2024) | 116.0% | Ahmedabad, Gujarat, India | |||
| Belfast Holdings Pvt. Ltd. | ₹57.29 Lakh (FY 2025) | 80.0% | Kolkata, West Bengal, India | |||
| Bonafide Investment&Trading Co Ltd | ₹57.28 Lakh (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Agrsen Insurance Surveyors & Loss Assessors Private Limited | ₹57.25 Lakh (FY 2025) | -11.0% | Alwar, Rajasthan, India | |||
| Promise Chit Fund Private Limited | ₹57.24 Lakh (FY 2025) | -31.0% | New Delhi, Delhi, India | |||
| Cheraman Nidhi Limitedthis company | ₹57.22 Lakh (FY 2023) | ₹2.69 Lakh | 4.7% | -22.0% | Thrissur, Kerala, India | |
| Advik Finance and Properties Private Limited | ₹57.22 Lakh (FY 2025) | 130.0% | Delhi, India | |||
| Meltron Sales Promotion Pvt. Ltd. | ₹57.21 Lakh (FY 2024) | 95.0% | Surat, Gujarat, India | |||
| Uva Bharat Chits Private Limited | ₹57.17 Lakh (FY 2025) | 4.0% | Hindupur, Andhra Pradesh, India | |||
| Chaitraratha Chits Private Limited | ₹57.17 Lakh (FY 2022) | -48.0% | Kamareddy, Telangana, India |
To see the full peer comparison of Cheraman Nidhi Limited, buy the company report.
Auditor
Cheraman Nidhi Limited is audited by SGS AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGS AND COMPANY | FY 2017 | 009889S |
Shareholding
The shareholding of Cheraman Nidhi Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Cheraman Nidhi Limited, buy the company report.
Legal cases
Cheraman Nidhi Limited has 100 court cases on record: 99 filed by Cheraman Nidhi, 1 filed against it. 32 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 99 | 1 | 32 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 100)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Cheraman 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 Cheraman 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 Cheraman Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cheraman Nidhi Limited has 10 board changes on record since 2016: 7 appointments and 3 cessations. The latest: Girijavallabhan Sankarankutty Kannatt ceased to be Managing Director on 01 Jan 2022.
1 earlier event is in the company report.
Frequently asked questions
Cheraman Nidhi is an active nidhi company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 August 2016 (10+ years old) and is registered under CIN U65990KL2016PLC046505.
Cheraman Nidhi has 4 current directors:
- Kothayil Balakrishnan Shaji - Managing Director
- Sudhen Kallingapurath Andikunji - Director
- Kunnathuveedu Nahsharban Abdul Kareem - Director
- Kombadath House Kunjunni Nair Mohanan - Director
The latest financial statements of Cheraman 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 2017 are in the company report.
The CIN (Corporate Identification Number) of Cheraman Nidhi is U65990KL2016PLC046505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheraman Nidhi has 100 court cases on record: 99 filed by the company and 1 filed against it. 32 are pending. Most are in the district courts.
Cheraman Nidhi was incorporated on 09 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Cheraman Nidhi by revenue are Incap Securities Private Limited, Belfast Holdings Pvt. Ltd, Bonafide Investment&Trading Co Ltd, Agrsen Insurance Surveyors & Loss Assessors Private Limited, Promise Chit Fund Private Limited and 4 more, all in the same principal business activity (other financial activities).
Girijavallabhan Sankarankutty Kannatt ceased to be Managing Director on 01 Jan 2022. Cheriya Puthenveettil Sivan ceased to be Director on 20 Oct 2021. Kallikatt Gopalan Sreenivasan ceased to be Director on 28 Dec 2019. Cheraman Nidhi has 10 board changes on record in total.
The registered office of Cheraman Nidhi is at Xvii 250 Plaza Complex South Nada Kodungallur, Thrissur, Kerala, India – 680664.
Cheraman Nidhi operates in the financial services industry, in the financial activities segment.
The compliance status of Cheraman Nidhi is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.
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