Genfinan Nidhi Limited
About Genfinan Nidhi Limited
Data last updated:
Genfinan Nidhi Limited is a nidhi company based in Jaipur, Rajasthan, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 12 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65100RJ2018PLC062700. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Shanti Devi Saini and Narendra Kumar Saini.
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 D – 1 Vijay Nagar Kartarpura, Jaipur, Rajasthan, India – 302015.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.32 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹6,373 (net margin 1.9%) and EBITDA of ₹8,613 (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
Court records list 6 cases involving the company, including 6 filed by the company; 6 cases are pending.
Company details
Contact details
Genfinan Nidhi Limited's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressD – 1 Vijay Nagar Kartarpura, Jaipur, Rajasthan, India – 302015
- IndustryFinancial Services, Bank Intermediatories
To see the full contact details of Genfinan 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 Genfinan 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 Genfinan Nidhi Limited, buy the company report.
Financials of Genfinan Nidhi Limited
FY 2023 filings availableGenfinan Nidhi Limited reported revenue of ₹3.32 Lakh (down 63% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 63% fall in the latest year. EBITDA fell 5% 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 | ₹8,613 | ||||
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| Net Profit (PAT) | ₹6,373 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Genfinan Nidhi Limited, buy the company report.
Board of directors of Genfinan Nidhi Limited
Genfinan Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanti Devi Saini | Director | 12 Oct 2018 | 8 Years 1 Months | Current |
| Narendra Kumar Saini | Director | 12 Oct 2018 | 8 Years 1 Months | Current |
| Pratibha Saini | Director | 12 Oct 2018 | 8 Years 1 Months | Current |
Peer comparison
Genfinan 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 |
|---|---|---|---|---|---|---|
| Reckoner Infratech Private Limited | ₹3.32 Lakh (FY 2025) | -50.0% | Chennai, Tamil Nadu, India | |||
| Prasham Exports (India) Private Limited | ₹3.32 Lakh (FY 2019) | 0.0% | Mumbai, Maharashtra, India | |||
| P Narayan Leasing and Finance Company Private Limited | ₹3.32 Lakh (FY 2024) | 8.0% | New Delhi, Delhi, India | |||
| Zenith Tie-Up Pvt Ltd | ₹3.32 Lakh (FY 2018) | -12.0% | Kolkata, West Bengal, India | |||
| Sathyamangalam Peoples Chit Funds Private Limited | ₹3.32 Lakh (FY 2024) | 306.0% | Sathyamangalam, Tamil Nadu, India | |||
| Genfinan Nidhi Limitedthis company | ₹3.32 Lakh (FY 2023) | ₹6,373 | 1.9% | -63.0% | Jaipur, Rajasthan, India | |
| Anveshita Chit Fund Private Limited | ₹3.32 Lakh (FY 2020) | Hyderabad, Telangana, India | ||||
| Abs Smelters & Minerals Private Limited | ₹3.32 Lakh (FY 2025) | 59.0% | Kolkata, West Bengal, India | |||
| Teesta Valley Corporation Private Limited | ₹3.32 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Cordial Investments Pvt Ltd | ₹3.31 Lakh (FY 2024) | -33.0% | Ahmedabad, Gujarat, India | |||
| Saffron Suppliers Private Limited | ₹3.31 Lakh (FY 2024) | 4.0% | Serampore, West Bengal, India |
To see the full peer comparison of Genfinan Nidhi Limited, buy the company report.
Legal cases
Genfinan Nidhi Limited has 6 court cases on record: 6 filed by Genfinan Nidhi. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 6 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Genfinan 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 Genfinan Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Genfinan Nidhi has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Genfinan Nidhi Limited, buy the company report.
Recent activity
Genfinan Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Narendra Kumar Saini was appointed as Director on 12 Oct 2018.
Frequently asked questions
Genfinan Nidhi is an active nidhi company based in Jaipur, Rajasthan, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 12 October 2018 (8+ years old) and is registered under CIN U65100RJ2018PLC062700.
Genfinan Nidhi has 3 current directors:
- Shanti Devi Saini - Director
- Narendra Kumar Saini - Director
- Pratibha Saini - Director
The latest financial statements of Genfinan 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 2019 are in the company report.
No. Genfinan Nidhi has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Genfinan Nidhi is U65100RJ2018PLC062700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genfinan Nidhi has 6 court cases on record: 6 filed by the company. 6 are pending.
Genfinan Nidhi was incorporated on 12 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Genfinan Nidhi by revenue are Reckoner Infratech Private Limited, Prasham Exports (India) Private Limited, P Narayan Leasing and Finance Company Private Limited, Zenith Tie-Up Pvt Ltd, Sathyamangalam Peoples Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Narendra Kumar Saini was appointed as Director on 12 Oct 2018. Pratibha Saini was appointed as Director on 12 Oct 2018. Shanti Devi Saini was appointed as Director on 12 Oct 2018.
The registered office of Genfinan Nidhi is at D – 1 Vijay Nagar Kartarpura, Jaipur, Rajasthan, India – 302015.
Genfinan Nidhi operates in the financial services industry, in the bank intermediatories segment.
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