Milieu Nidhi Limited
About Milieu Nidhi Limited
Data last updated:
Milieu Nidhi Limited is a nidhi company based in Ghaziabad, Uttar Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U65991UP2014PLC067172.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Sourabh Bansal and Pinki Bansal.
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 F – 278 G S – 12 Vijay Nagar, Ghaziabad, Uttar Pradesh, India – 201010.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.81 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2,400 (net margin 0.1%) and EBITDA of ₹3,300 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milieu Nidhi Limited's registered office is in Ghaziabad, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 278 G S – 12 Vijay Nagar, Ghaziabad, Uttar Pradesh, India – 201010
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Milieu 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 Milieu 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 Milieu Nidhi Limited, buy the company report.
Financials of Milieu Nidhi Limited
FY 2023 filings availableMilieu Nidhi Limited reported revenue of ₹25.81 Lakh (up 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over three years, including 8% growth in the latest year. EBITDA fell 27% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹25.81 Lakh | ||||
| Other Income | |||||
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| EBITDA | ₹3,300 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,400 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Milieu Nidhi Limited, buy the company report.
Board of directors of Milieu Nidhi Limited
Milieu Nidhi has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Bansal Also directs: 99 Veggies Private Limited | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Pinki Bansal Also directs: BBM Chit Fund Private Limited | Director | 24 Oct 2017 | 9 Years 0 Months | Current |
| Jatin Bansal | Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Milieu Nidhi Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Flotus Chits Private Limited | ₹26.18 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Nellai Genie Chit Funds Private Limited | ₹25.91 Lakh (FY 2024) | 9.0% | Tirunelveli, Tamil Nadu, India | |||
| Milieu Nidhi Limitedthis company | ₹25.81 Lakh (FY 2023) | ₹2,400 | 0.1% | 8.0% | Ghaziabad, Uttar Pradesh, India | |
| Dhanaposhini Kuries (Amballur) Private Limited | ₹25.79 Lakh (FY 2025) | 9.0% | Thrissur, Kerala, India | |||
| Lamjingmeira Micro Finance | ₹25.76 Lakh (FY 2025) | 19.0% | Imphal, Manipur, India |
To see the full peer comparison of Milieu Nidhi Limited, buy the company report.
Auditor
Milieu Nidhi Limited is audited by TULSYAN AK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TULSYAN AK & ASSOCIATES | FY 2023 | 557435 |
Shareholding
The shareholding of Milieu Nidhi Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milieu Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Milieu 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 Milieu 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 Milieu Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milieu Nidhi Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Jatin Bansal was appointed as Director on 17 Sep 2025.
Frequently asked questions
Milieu Nidhi is an active nidhi company based in Ghaziabad, Uttar Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 November 2014 (12+ years old) and is registered under CIN U65991UP2014PLC067172.
Milieu Nidhi has 3 current directors:
- Sourabh Bansal - Director
- Pinki Bansal - Director
- Jatin Bansal - Director
The latest financial statements of Milieu 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Milieu Nidhi is U65991UP2014PLC067172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milieu Nidhi was incorporated on 21 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Milieu Nidhi by revenue are Flotus Chits Private Limited, Nellai Genie Chit Funds Private Limited, Dhanaposhini Kuries (Amballur) Private Limited, Lamjingmeira Micro Finance, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Jatin Bansal was appointed as Director on 17 Sep 2025. Jitendra Kumar Bansal ceased to be Director on 26 Jun 2025. Sourabh Bansal was appointed as Director on 15 Sep 2021. Milieu Nidhi has 8 board changes on record in total.
The registered office of Milieu Nidhi is at F – 278 G S – 12 Vijay Nagar, Ghaziabad, Uttar Pradesh, India – 201010.
Milieu Nidhi operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Milieu Nidhi is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
Milieu Nidhi can be reached at its registered office: F – 278 G S – 12 Vijay Nagar, Ghaziabad, Uttar Pradesh, India – 201010.
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