Classic Nidhi Limited
About Classic Nidhi Limited
Data last updated:
Classic 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 18 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65910KL2016PLC040406.
The company has an authorised share capital of ₹10.1 Lakh and a paid-up capital of ₹10.07 Lakh. It is led by directors including Joy (Managing Director) and Kolaniyil Kannan Subramanian.
Its last annual general meeting (AGM) was held on 03 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Door No:3/493 Nr.Kuzhur Service Co – Operative Bank Vilakkumkal Junction Kuzhur P.O, Thrissur, Kerala, India – 680734.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.75 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Lakh (net margin 29.4%) and EBITDA of ₹4.71 Lakh (EBITDA margin 60.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 35% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Classic Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No:3/493 Nr.Kuzhur Service Co – Operative Bank Vilakkumkal Junction Kuzhur P.O, Thrissur, Kerala, India – 680734
- IndustryFinancial Services, Financial Activities
To see the full contact details of Classic 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 Classic 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 Classic Nidhi Limited, buy the company report.
Financials of Classic Nidhi Limited
FY 2022 filings availableClassic Nidhi Limited reported revenue of ₹7.75 Lakh (up 34% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 34% growth in the latest year. EBITDA rose 65% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹4.71 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.8% | ||||
| Net Profit Margin | 29.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Classic Nidhi Limited, buy the company report.
Board of directors of Classic Nidhi Limited
Classic Nidhi has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kolaniyil Kannan Subramanian | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Shaji Vareed Kodiyan Also directs: Classic Chitties Private Limited | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Chenginiyadan Paul Joy | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Potteprambil Paly Thomas | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Johny Chenginiyadan Varghese Also directs: Hannah Career Excellence LLP | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Joy Also directs: Classic Chitties Private Limited | Managing Director | 18 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Classic 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 |
|---|---|---|---|---|---|---|
| Madhav Capital Services Private Limited | ₹7.76 Lakh (FY 2025) | -48.0% | Uttar Pradesh, India | |||
| Tanushri India Nidhi Limited | ₹7.76 Lakh (FY 2024) | -32.0% | Churu, Rajasthan, India | |||
| Anjarakandy Nidhi Limited | ₹7.76 Lakh (FY 2024) | 271.0% | Anjarakandy, Kerala, India | |||
| Pratimaan Nidhi Limited | ₹7.76 Lakh (FY 2023) | 52.0% | Azamgarh, Uttar Pradesh, India | |||
| Hrishikesa Chit Funds Private Limited | ₹7.75 Lakh (FY 2025) | -17.0% | Bellampalli, Telangana, India | |||
| Classic Nidhi Limitedthis company | ₹7.75 Lakh (FY 2022) | ₹2.28 Lakh | 29.4% | 34.0% | Thrissur, Kerala, India | |
| Swami Koragajja Chits Private Limited | ₹7.75 Lakh (FY 2019) | -9.0% | Kaup, Karnataka, India | |||
| Apsa India Nidhi Limited | ₹7.74 Lakh (FY 2021) | -2.0% | Mahendru, Bihar, India | |||
| Dhareshwar Nidhi Limited | ₹7.74 Lakh (FY 2023) | 41.0% | Pune, Maharashtra, India | |||
| Akhandjyoti Micro Finance | ₹7.74 Lakh (FY 2018) | -48.0% | Jaunpur, Uttar Pradesh, India | |||
| Aarvee Trexim Private Limited | ₹7.73 Lakh (FY 2025) | -22.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Classic Nidhi Limited, buy the company report.
Auditor
Classic Nidhi Limited is audited by M. DAVIS & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. DAVIS & CO | FY 2017 | 219450 |
Shareholding
The shareholding of Classic 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 Classic Nidhi Limited, buy the company report.
Legal cases
Classic Nidhi Limited has 1 court case on record: 1 filed by Classic Nidhi. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India, and 3 others | Disposed |
To see the full case history of Classic 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 Classic 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 Classic Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Classic Nidhi Limited has 7 board changes on record since 2016: 7 appointments. The latest: Chenginiyadan Paul Joy was appointed as Director on 18 Mar 2016.
Frequently asked questions
Classic 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 18 March 2016 (10+ years old) and is registered under CIN U65910KL2016PLC040406.
Classic Nidhi has 7 current directors:
- Joy - Managing Director
- Kolaniyil Kannan Subramanian - Director
- Shaji Vareed Kodiyan - Director
- Chenginiyadan Paul Joy - Director
- Potteprambil Paly Thomas - Director
- Johny Chenginiyadan Varghese - Director
- Paul Kolenchery Linson - Director
The latest financial statements of Classic Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 03 October 2022. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Classic Nidhi is U65910KL2016PLC040406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Nidhi has 1 court case on record: 1 filed by the company.
Classic Nidhi was incorporated on 18 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Classic Nidhi by revenue are Madhav Capital Services Private Limited, Tanushri India Nidhi Limited, Anjarakandy Nidhi Limited, Pratimaan Nidhi Limited, Hrishikesa Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Chenginiyadan Paul Joy was appointed as Director on 18 Mar 2016. Johny Chenginiyadan Varghese was appointed as Director on 18 Mar 2016. Joy was appointed as Managing Director on 18 Mar 2016. Classic Nidhi has 7 board changes on record in total.
The registered office of Classic Nidhi is at Door No:3493 Nr.Kuzhur Service Co – Operative Bank Vilakkumkal Junction Kuzhur P.O, Thrissur, Kerala, India – 680734.
Classic Nidhi operates in the financial services industry, in the financial activities segment.
The compliance status of Classic Nidhi is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
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