Easy-Funds Nidhi Limited
About Easy-Funds Nidhi Limited
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Easy-Funds Nidhi Limited is a nidhi company based in Chopda, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 25 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2021PLN355911.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Pandharinath Suka Mahajan and Indirabai Kailas Magare.
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 C/O Ratna Rajendra Shinde Wada Chopdatal, Maharashtra, India – 425107.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.57 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹4,330 (net margin 0.7%) and EBITDA of ₹4.06 Lakh (EBITDA margin 61.9%).
Company details
Contact details
Easy-Funds Nidhi Limited's registered office is in Chopda, Maharashtra.
- Registered AddressC/O Ratna Rajendra Shinde Wada Chopdatal, Maharashtra, India – 425107
- IndustryFinancial Services, Other Financial Intermediation
- 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 Easy-Funds 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 Easy-Funds Nidhi Limited, buy the company report.
Financials of Easy-Funds Nidhi Limited
FY 2024 filings availableEasy-Funds Nidhi Limited reported revenue of ₹6.57 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year. EBITDA rose 20% 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 | ₹4.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4,330 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 61.9% | |||
| Net Profit Margin | 0.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Easy-Funds Nidhi Limited, buy the company report.
Board of directors of Easy-Funds Nidhi Limited
Easy-Funds 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 |
|---|---|---|---|---|
| Pandharinath Suka Mahajan | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
| Indirabai Kailas Magare | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
| Komal Bhagwat Mali | Director | 06 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Easy-Funds 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 |
|---|---|---|---|---|---|---|
| Vishwas Nidhi Limited | ₹6.57 Lakh (FY 2018) | Jodhpur, Rajasthan, India | ||||
| Pradhan Gold Nidhi Limited | ₹6.57 Lakh (FY 2024) | -18.0% | Sri Ganganagar, Rajasthan, India | |||
| Kosamba Money Changer Private Limited | ₹6.57 Lakh (FY 2024) | -59.0% | Kosamba, Gujarat, India | |||
| Swashakthi Chit Funds Private Limited | ₹6.57 Lakh (FY 2020) | 6.0% | Hanamkonda, Telangana, India | |||
| Easy-Funds Nidhi Limitedthis company | ₹6.57 Lakh (FY 2024) | ₹4,330 | 0.7% | 15.0% | Chopda, Maharashtra, India | |
| Venugopal Chits India Private Limited | ₹6.57 Lakh (FY 2020) | -22.0% | Palakkad, Kerala, India | |||
| Rashmi Shree Creations Private Limited | ₹6.57 Lakh (FY 2025) | 36.0% | Kolkata, West Bengal, India | |||
| Mak Financial Service Private Limited | ₹6.57 Lakh (FY 2019) | 26.0% | Chennai, Tamil Nadu, India | |||
| Muzaffarpur Gramin Vikas Nidhi Limited | ₹6.56 Lakh (FY 2024) | -30.0% | Paroo, Bihar, India | |||
| Ameva Urban Nidhi Limited | ₹6.56 Lakh (FY 2023) | 91.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Easy-Funds Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Easy-Funds 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 Easy-Funds 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 Easy-Funds Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Easy-Funds Nidhi Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Akash Kailas Magare ceased to be Director on 06 Apr 2022.
Frequently asked questions
Easy-Funds Nidhi is an active nidhi company based in Chopda, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 25 February 2021 (5+ years old) and is registered under CIN U65990MH2021PLN355911.
Easy-Funds Nidhi has 3 current directors:
- Pandharinath Suka Mahajan - Director
- Indirabai Kailas Magare - Director
- Komal Bhagwat Mali - Director
The latest financial statements of Easy-Funds 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Easy-Funds Nidhi is U65990MH2021PLN355911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Easy-Funds Nidhi was incorporated on 25 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Easy-Funds Nidhi by revenue are Vishwas Nidhi Limited, Pradhan Gold Nidhi Limited, Kosamba Money Changer Private Limited, Swashakthi Chit Funds Private Limited, Venugopal Chits India Private Limited and 4 more, all in the same principal business activity (other financial activities).
Akash Kailas Magare ceased to be Director on 06 Apr 2022. Komal Bhagwat Mali was appointed as Director on 06 Apr 2022. Indirabai Kailas Magare was appointed as Director on 25 Feb 2021. Easy-Funds Nidhi has 4 board changes on record in total.
The registered office of Easy-Funds Nidhi is at CO Ratna Rajendra Shinde Wada Chopdatal, Maharashtra, India – 425107.
Easy-Funds Nidhi operates in the financial services industry, in the other financial intermediation segment.
Easy-Funds Nidhi can be reached at its registered office: CO Ratna Rajendra Shinde Wada Chopdatal, Maharashtra, India – 425107.
Easy-Funds Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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