Luit Savings Nidhi Limited
About Luit Savings Nidhi Limited
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Luit Savings Nidhi Limited is a nidhi company based in Goalpara, Assam, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 09 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U65990AS2020PLN020692.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nasrin Taslima and Wahidur Rahman.
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 Buduchar Dalgoma, Goalpara, Assam, India – 783125.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.42 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹1,487 (net margin -1%) and EBITDA of ₹20,584 (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years.
Company details
Contact details
Luit Savings Nidhi Limited's registered office is in Goalpara, Assam.
- Registered AddressBuduchar Dalgoma, Goalpara, Assam, India – 783125
- 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 Luit Savings 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 Luit Savings Nidhi Limited, buy the company report.
Financials of Luit Savings Nidhi Limited
FY 2024 filings availableLuit Savings Nidhi Limited reported revenue of ₹1.42 Lakh (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 108%. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20,584 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1,487 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 14.5% | |||
| Net Profit Margin | -1% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Luit Savings Nidhi Limited, buy the company report.
Board of directors of Luit Savings Nidhi Limited
Luit Savings Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nasrin Taslima Also directs: Luit Properties Private Limited | Director | 09 Nov 2020 | 6 Years 0 Months | Current |
| Wahidur Rahman | Director | 09 Nov 2020 | 6 Years 0 Months | Current |
| Sajeda Begum Also directs: Luit Properties Private Limited | Director | 09 Nov 2020 | 6 Years 0 Months | Current |
Peer comparison
Luit Savings 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 |
|---|---|---|---|---|---|---|
| Jatayu Nidhi Limited | ₹1.42 Lakh (FY 2022) | Sindhanur, Karnataka, India | ||||
| Remitech Financial Services Private Limited | ₹1.42 Lakh (FY 2018) | Taluka: Mundra, Gujarat, India | ||||
| Ruby Sales and Services Private Limited | ₹1.42 Lakh (FY 2024) | 563.0% | Mumbai, Maharashtra, India | |||
| Swarsneha Chits Private Limited | ₹1.42 Lakh (FY 2016) | Pune, Maharashtra, India | ||||
| Saligramam Benefit Fund Ltd | ₹1.42 Lakh (FY 2018) | -4.0% | Chennai, Tamil Nadu, India | |||
| Luit Savings Nidhi Limitedthis company | ₹1.42 Lakh (FY 2024) | -₹1,487 | -1% | -40.0% | Goalpara, Assam, India | |
| Reji's Abhandhya Chits and Kuries Private Limited | ₹1.42 Lakh (FY 2024) | 41.0% | Malappuram, Kerala, India | |||
| Crangannore Nidhi Limited | ₹1.42 Lakh (FY 2025) | 9.0% | Kodungallur, Kerala, India | |||
| Sannareddy Holdings Private Limited | ₹1.42 Lakh (FY 2025) | -96.0% | Chennai, Tamil Nadu, India | |||
| Elshaddai Nidhi Limited | ₹1.42 Lakh (FY 2025) | 104.0% | Ernakulam, Kerala, India | |||
| Chitrakoot Merchandise Pvt Ltd | ₹1.42 Lakh (FY 2025) | -1.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Luit Savings Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Luit Savings 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 Luit Savings 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 Luit Savings Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Luit Savings Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Nasrin Taslima was appointed as Director on 09 Nov 2020.
Frequently asked questions
Luit Savings Nidhi is an active nidhi company based in Goalpara, Assam, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 09 November 2020 (6+ years old) and is registered under CIN U65990AS2020PLN020692.
Luit Savings Nidhi has 3 current directors:
- Nasrin Taslima - Director
- Wahidur Rahman - Director
- Sajeda Begum - Director
The latest financial statements of Luit Savings 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 Luit Savings Nidhi is U65990AS2020PLN020692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Luit Savings Nidhi was incorporated on 09 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Luit Savings Nidhi by revenue are Jatayu Nidhi Limited, Remitech Financial Services Private Limited, Ruby Sales and Services Private Limited, Swarsneha Chits Private Limited, Saligramam Benefit Fund Ltd and 5 more, all in the same principal business activity (other financial activities).
Nasrin Taslima was appointed as Director on 09 Nov 2020. Sajeda Begum was appointed as Director on 09 Nov 2020. Wahidur Rahman was appointed as Director on 09 Nov 2020.
The registered office of Luit Savings Nidhi is at Buduchar Dalgoma, Goalpara, Assam, India – 783125.
Luit Savings Nidhi operates in the financial services industry, in the other financial intermediation segment.
Luit Savings Nidhi can be reached at its registered office: Buduchar Dalgoma, Goalpara, Assam, India – 783125.
Luit Savings Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Guwahati.
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