Devi Satvai Multiple Urban Nidhi Limited
About Devi Satvai Multiple Urban Nidhi Limited
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Devi Satvai Multiple Urban Nidhi Limited is a nidhi company based in Kalamb, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65999MH2019PLC325852.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ashruba Ankush Khumbhar and Deepak Hanumant Jadhav.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O – Gokul Barkase S.No. 107 Dhoki Road Tal – Kalamb Osmanabad 413507, Maharashtra, India – 413507.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.33 Lakh, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 5.7%) and EBITDA of ₹8.96 Lakh (EBITDA margin 44.1%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years.
Company details
Contact details
Devi Satvai Multiple Urban Nidhi Limited's registered office is in Kalamb, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC/O – Gokul Barkase S.No. 107 Dhoki Road Tal – Kalamb Osmanabad 413507, Maharashtra, India – 413507
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Devi Satvai Multiple Urban 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 Devi Satvai Multiple Urban 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 Devi Satvai Multiple Urban Nidhi Limited, buy the company report.
Financials of Devi Satvai Multiple Urban Nidhi Limited
FY 2023 filings availableDevi Satvai Multiple Urban Nidhi Limited reported revenue of ₹20.33 Lakh (up 54% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over three years, including 54% growth in the latest year. EBITDA rose 101% 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 |
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| EBITDA | ₹8.96 Lakh | |||
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| Net Profit (PAT) | ₹1.15 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 44.1% | |||
| Net Profit Margin | 5.7% | |||
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To see the full financial statements and ratios of Devi Satvai Multiple Urban Nidhi Limited, buy the company report.
Board of directors of Devi Satvai Multiple Urban Nidhi Limited
Devi Satvai Multiple Urban Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashruba Ankush Khumbhar | Director | 24 May 2019 | 7 Years 5 Months | Current |
| Deepak Hanumant Jadhav | Director | 24 May 2019 | 7 Years 5 Months | Current |
| Balaji Ashok Kawade | Director | 24 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Devi Satvai Multiple Urban 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 |
|---|---|---|---|---|---|---|
| Awadhvikas Nidhi Limited | ₹20.34 Lakh (FY 2025) | 5.0% | Raebareli, Uttar Pradesh, India | |||
| Sarvaksha Chit Fund Private Limited | ₹20.34 Lakh (FY 2022) | -2.0% | Warangal, Telangana, India | |||
| Sree Bhagya Rama Laxmi Chit Funds Private Limited | ₹20.34 Lakh (FY 2024) | -37.0% | Shadnagar, Telangana, India | |||
| Calcutta Multimax Pvt. Ltd. | ₹20.33 Lakh (FY 2025) | 33.0% | Kolkata, West Bengal, India | |||
| Acolyte Tie-Up Private Limited | ₹20.33 Lakh (FY 2022) | -50.0% | Kolkata, West Bengal, India | |||
| Devi Satvai Multiple Urban Nidhi Limitedthis company | ₹20.33 Lakh (FY 2023) | ₹1.15 Lakh | 5.7% | 54.0% | Kalamb, Maharashtra, India | |
| Apl Holdings & Investments Ltd | ₹20.32 Lakh (FY 2025) | 249.0% | Kolkata, West Bengal, India | |||
| Sri Krishna Chit Funds (Sattur) Private Limited | ₹20.32 Lakh (FY 2025) | -56.0% | Tamil Nadu, India | |||
| Sri Vishwa Dharma Chit Funds Private Limited | ₹20.32 Lakh (FY 2019) | -21.0% | Nalgonda, Telangana, India | |||
| Karuppali Chits Private Limited | ₹20.32 Lakh (FY 2024) | 23.0% | Kozhikode, Kerala, India | |||
| Elavanchery Kisan Rakshak Nidhi Limited | ₹20.31 Lakh (FY 2025) | -16.0% | Palakkad, Kerala, India |
To see the full peer comparison of Devi Satvai Multiple Urban Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devi Satvai Multiple Urban 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 Devi Satvai Multiple Urban 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 Devi Satvai Multiple Urban Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devi Satvai Multiple Urban Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ashruba Ankush Khumbhar was appointed as Director on 24 May 2019.
Frequently asked questions
Devi Satvai Multiple Urban Nidhi is an active nidhi company based in Kalamb, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 May 2019 (7+ years old) and is registered under CIN U65999MH2019PLC325852.
Devi Satvai Multiple Urban Nidhi has 3 current directors:
- Ashruba Ankush Khumbhar - Director
- Deepak Hanumant Jadhav - Director
- Balaji Ashok Kawade - Director
The latest financial statements of Devi Satvai Multiple Urban Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Devi Satvai Multiple Urban Nidhi is U65999MH2019PLC325852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Satvai Multiple Urban Nidhi was incorporated on 24 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Devi Satvai Multiple Urban Nidhi by revenue are Awadhvikas Nidhi Limited, Sarvaksha Chit Fund Private Limited, Sree Bhagya Rama Laxmi Chit Funds Private Limited, Calcutta Multimax Pvt. Ltd, Acolyte Tie-Up Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ashruba Ankush Khumbhar was appointed as Director on 24 May 2019. Balaji Ashok Kawade was appointed as Director on 24 May 2019. Deepak Hanumant Jadhav was appointed as Director on 24 May 2019.
The registered office of Devi Satvai Multiple Urban Nidhi is at CO – Gokul Barkase S.No. 107 Dhoki Road Tal – Kalamb Osmanabad 413507, Maharashtra, India – 413507.
Devi Satvai Multiple Urban Nidhi operates in the financial services industry, in the other financial intermediation segment.
Devi Satvai Multiple Urban Nidhi can be reached at its registered office: CO – Gokul Barkase S.No. 107 Dhoki Road Tal – Kalamb Osmanabad 413507, Maharashtra, India – 413507.
Devi Satvai Multiple Urban Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Nagpur.