Marudhara Nidhi Limited
About Marudhara Nidhi Limited
Data last updated:
Marudhara Nidhi Limited is a nidhi company based in Mangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 09 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67100KA2017PLC105438.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.51 Lakh. It is led by directors including Ten Singh (Managing Director) and Vikram Singh.
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 Shop No 216 Max City 2nd Floor Maidan 4th Cross, Mangalore, Karnataka, India – 575001.
As per the financials filed for FY 2023, the company reported a revenue of ₹44.32 Lakh, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹35,304 (net margin 0.8%) and EBITDA of ₹18.93 Lakh (EBITDA margin 42.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 51% over five years.
Court records list 8 cases involving the company, including 8 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Marudhara Nidhi Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 216 Max City 2nd Floor Maidan 4th Cross, Mangalore, Karnataka, India – 575001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Marudhara 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 Marudhara Nidhi is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Marudhara Nidhi Limited, buy the company report.
Financials of Marudhara Nidhi Limited
FY 2023 filings availableMarudhara Nidhi Limited reported revenue of ₹44.32 Lakh (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 29% growth in the latest year. EBITDA rose 51% 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 | ₹18.93 Lakh | ||||
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| Net Profit (PAT) | ₹35,304 | ||||
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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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| EBITDA Margin | 42.7% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Marudhara Nidhi Limited, buy the company report.
Board of directors of Marudhara Nidhi Limited
Marudhara 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 |
|---|---|---|---|---|
| Ten Singh | Managing Director | 09 Aug 2017 | 9 Years 3 Months | Current |
| Vikram Singh | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
| Kailash Kumar | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
Shareholding
The shareholding of Marudhara Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Marudhara Nidhi Limited, buy the company report.
Legal cases
Marudhara Nidhi Limited has 8 court cases on record: 8 filed by Marudhara Nidhi. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Marudhara 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 Marudhara 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 Marudhara Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Marudhara Nidhi Limited has 4 board changes on record since 2017: 4 appointments. The latest: Kailash Kumar was appointed as Director on 09 Aug 2017.
Frequently asked questions
Marudhara Nidhi is an active nidhi company based in Mangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 09 August 2017 (9+ years old) and is registered under CIN U67100KA2017PLC105438.
Marudhara Nidhi has 3 current directors:
- Ten Singh - Managing Director
- Vikram Singh - Director
- Kailash Kumar - Director
The latest financial statements of Marudhara 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 2018 are in the company report.
The CIN (Corporate Identification Number) of Marudhara Nidhi is U67100KA2017PLC105438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marudhara Nidhi has 8 court cases on record: 8 filed by the company. 2 are pending.
Marudhara Nidhi was incorporated on 09 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Kailash Kumar was appointed as Director on 09 Aug 2017. Prema Kumar Doddamitta was appointed as Other Promoter on 09 Aug 2017. Ten Singh was appointed as Managing Director on 09 Aug 2017. Marudhara Nidhi has 4 board changes on record in total.
The registered office of Marudhara Nidhi is at Shop No 216 Max City 2nd Floor Maidan 4th Cross, Mangalore, Karnataka, India – 575001.
Marudhara Nidhi operates in the financial services industry, in the diversified financial services segment.
The compliance status of Marudhara Nidhi is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.
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