MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-17-0000423
Malwa-Nimar Vikas Nidhi Limited
Malwa-Nimar Vikas Nidhi Limited - financial services in Amjhera, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.6 Lakh
▼ 42% YoY
Net loss · FY 2024
₹65,390
Net margin -8.6%
EBITDA · FY 2024
₹6.82 Lakh
EBITDA margin 89.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Malwa-Nimar Vikas Nidhi Limited
Data last updated:
Malwa-Nimar Vikas Nidhi Limited is a nidhi company based in Amjhera, Madhya Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 27 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65990MP2019PLC047956.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Shruti Mahajan (Whole-Time Director) and Karishma Mahajan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chandraprakash Mohanlal Gupta Bus Stand, Amjhera, Madhya Pradesh, India – 454441.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.6 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹65,390 (net margin -8.6%) and EBITDA of ₹6.82 Lakh (EBITDA margin 89.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
Malwa-Nimar Vikas Nidhi Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0000423).
Company details
CIN U65990MP2019PLC047956
Registration Number 047956
Incorporation Date 27 February 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MP-17-0000423
Key People
Shruti Mahajan Whole-Time Director Karishma Mahajan Whole-Time Director Akshay Gupta Whole-Time Director Recognitions & Rankings of Malwa-Nimar Vikas Nidhi
Contact details
Malwa-Nimar Vikas Nidhi Limited's registered office is in Amjhera, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressChandraprakash Mohanlal Gupta Bus Stand, Amjhera, Madhya Pradesh, India – 454441
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Malwa-Nimar Vikas Nidhi Limited, buy the company report.
Comprehensive company report
Malwa-Nimar Vikas Nidhi Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Malwa-Nimar Vikas 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 Malwa-Nimar Vikas Nidhi Limited, buy the company report.
Financials of Malwa-Nimar Vikas Nidhi Limited
FY 2025 filings availableMalwa-Nimar Vikas Nidhi Limited reported revenue of ₹7.6 Lakh (down 42% YoY) for FY 2024.
Revenue · FY 2024
₹7.6 Lakh ▼ 42%
Net loss · FY 2024
₹65,390 margin -8.6%
EBITDA · FY 2024
₹6.82 Lakh margin 89.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 7%
Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 42% fall in the latest year. EBITDA fell 40% 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹65,390 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.7% | ||||
| Net Profit Margin | -8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Malwa-Nimar Vikas Nidhi Limited, buy the company report.
Board of directors of Malwa-Nimar Vikas Nidhi Limited
Malwa-Nimar Vikas Nidhi has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Mahajan | Whole-Time Director | 27 Feb 2019 | 7 Years 7 Months | Current |
| Karishma Mahajan | Whole-Time Director | 27 Feb 2019 | 7 Years 7 Months | Current |
| Akshay Gupta | Whole-Time Director | 27 Feb 2019 | 7 Years 7 Months | Current |
Peer comparison
Malwa-Nimar Vikas 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 |
|---|---|---|---|---|---|---|
| Yadwad Chits Private Limited | ₹7.61 Lakh (FY 2022) | 752.0% | Yadwad, Karnataka, India | |||
| Sai Associate & Innogative Private Limited | ₹7.61 Lakh (FY 2016) | 6.0% | New Delhi, Delhi, India | |||
| Nigania Finance Private Limited | ₹7.61 Lakh (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Abodh Financial Services Private Limited | ₹7.61 Lakh (FY 2022) | 10.0% | Kushinagar, Uttar Pradesh, India | |||
| Cambridge Management Services Pvt Ltd | ₹7.61 Lakh (FY 2024) | 100.0% | Kolkata, West Bengal, India | |||
| Malwa-Nimar Vikas Nidhi Limitedthis company | ₹7.6 Lakh (FY 2024) | -₹65,390 | -8.6% | -42.0% | Amjhera, Madhya Pradesh, India | |
| Gagandeep Vanijya Private Limited | ₹7.6 Lakh (FY 2024) | -4.0% | Kolkata, West Bengal, India | |||
| Lakshmikripa Chitties Private Limited | ₹7.59 Lakh (FY 2021) | Malappuram, Kerala, India | ||||
| Yashvi Chits Private Limited | ₹7.59 Lakh (FY 2025) | -48.0% | Gurgaon, Haryana, India | |||
| Chinnarajan & Sons Chits Private Limited | ₹7.59 Lakh (FY 2024) | -2.0% | Dindigul, Tamil Nadu, India | |||
| Smart Foreign Exchange Pvt Ltd | ₹7.58 Lakh (FY 2020) | -74.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Malwa-Nimar Vikas Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Malwa-Nimar Vikas 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 Malwa-Nimar Vikas 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 Malwa-Nimar Vikas Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Malwa-Nimar Vikas Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Akshay Gupta was appointed as Whole-Time Director on 27 Feb 2019.
AGM
Malwa-Nimar Vikas Nidhi Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Malwa-Nimar Vikas Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Akshay Gupta was appointed as Whole-Time Director.
Appointed
Karishma Mahajan was appointed as Whole-Time Director.
Appointed
Shruti Mahajan was appointed as Whole-Time Director.
Incorporation
27 Feb 2019
Malwa-Nimar Vikas Nidhi Limited was registered on 27 Feb 2019 with Roc Gwalior & aged 7 years 7 months as per MCA records.
Frequently asked questions
Malwa-Nimar Vikas Nidhi is an active nidhi company based in Amjhera, Madhya Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 27 February 2019 (7+ years old) and is registered under CIN U65990MP2019PLC047956.
Malwa-Nimar Vikas Nidhi has 3 current directors:
- Shruti Mahajan - Whole-Time Director
- Karishma Mahajan - Whole-Time Director
- Akshay Gupta - Whole-Time Director
The latest financial statements of Malwa-Nimar Vikas Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Malwa-Nimar Vikas Nidhi is U65990MP2019PLC047956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malwa-Nimar Vikas Nidhi was incorporated on 27 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Malwa-Nimar Vikas Nidhi by revenue are Yadwad Chits Private Limited, Sai Associate & Innogative Private Limited, Nigania Finance Private Limited, Abodh Financial Services Private Limited, Cambridge Management Services Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Akshay Gupta was appointed as Whole-Time Director on 27 Feb 2019. Karishma Mahajan was appointed as Whole-Time Director on 27 Feb 2019. Shruti Mahajan was appointed as Whole-Time Director on 27 Feb 2019.
Yes, Malwa-Nimar Vikas Nidhi is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-17-0000423).
The registered office of Malwa-Nimar Vikas Nidhi is at Chandraprakash Mohanlal Gupta Bus Stand, Amjhera, Madhya Pradesh, India – 454441.
Malwa-Nimar Vikas Nidhi operates in the financial services industry, in the other financial intermediation segment.
Malwa-Nimar Vikas Nidhi can be reached at its registered office: Chandraprakash Mohanlal Gupta Bus Stand, Amjhera, Madhya Pradesh, India – 454441.