MV Mutual Benefit Nidhi Limited
About MV Mutual Benefit Nidhi Limited
Data last updated:
MV Mutual Benefit Nidhi Limited is a nidhi company based in Mirzapur, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 20 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65929UP2016PLC084201.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.82 Lakh. It is led by directors including Shivpal Gupta and Rajesh Gupta.
Its last annual general meeting (AGM) was held on 15 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Pandey Pur Mirzapur, Uttar Pradesh, India – 231001.
As per the financials filed for FY 2019, the company reported a revenue of ₹15.28 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹8,257 (net margin 0.5%) and EBITDA of ₹50,559 (EBITDA margin 3.3%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
MV Mutual Benefit Nidhi Limited's registered office is in Mirzapur, Uttar Pradesh.
- Registered AddressPandey Pur Mirzapur, Uttar Pradesh, India – 231001
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 MV Mutual Benefit Nidhi is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of MV Mutual Benefit Nidhi Limited, buy the company report.
Financials of MV Mutual Benefit Nidhi Limited
FY 2019 filings availableMV Mutual Benefit Nidhi Limited reported revenue of ₹15.28 Lakh (up 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA fell 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹50,559 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8,257 | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||
| EBITDA Margin | 3.3% | ||
| Net Profit Margin | 0.5% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of MV Mutual Benefit Nidhi Limited, buy the company report.
Board of directors of MV Mutual Benefit Nidhi Limited
MV Mutual Benefit Nidhi has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivpal Gupta Also directs: JJMV Marketing Private Limited, MV Micro Services Foundation, Modern Velocity Mutual Benefit Nidhi Limited and 1 more | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Rajesh Gupta Also directs: JJMV Marketing Private Limited | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Sant Lal Pal Also directs: JJMV Marketing Private Limited, MV Micro Services Foundation, Modern Velocity Mutual Benefit Nidhi Limited and 1 more | Director | 02 Jul 2016 | 10 Years 4 Months | Current |
Peer comparison
MV Mutual Benefit Nidhi Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naveen Samridh Fund Nidhi Limited | ₹15.66 Lakh (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Sarvesh Automobile Finance Limited | ₹15.51 Lakh (FY 2025) | -25.0% | Uttar Pradesh, India | |||
| NSM Tradepro Private Limited | ₹15.47 Lakh (FY 2023) | 10.0% | Kolkata, West Bengal, India | |||
| Sajha Sanchay Nidhi Limited | ₹15.44 Lakh (FY 2023) | -6.0% | Thandla, Madhya Pradesh, India | |||
| MV Mutual Benefit Nidhi Limitedthis company | ₹15.28 Lakh (FY 2019) | ₹8,257 | 0.5% | 9.0% | Mirzapur, Uttar Pradesh, India | |
| Pankaj Sai Ram Micro Service Foundation | ₹15.25 Lakh (FY 2024) | 139.0% | Sehore, Madhya Pradesh, India | |||
| Blue Diamond Securities & Finance Ltd | ₹15.24 Lakh (FY 2025) | -20.0% | Kolkata, West Bengal, India | |||
| Mitansh Finsure Private Limited | ₹15.2 Lakh (FY 2024) | 46.0% | New Delhi, Delhi, India | |||
| Keshar Finance & Leasing Pvt. Ltd. | ₹15.19 Lakh (FY 2025) | -88.0% | Kolkata, West Bengal, India | |||
| J D Motor Finance Limited | ₹15.18 Lakh (FY 2025) | 2.0% | Delhi, India |
To see the full peer comparison of MV Mutual Benefit Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving MV Mutual Benefit 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 MV Mutual Benefit 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 MV Mutual Benefit Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MV Mutual Benefit Nidhi Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Rakesh Kumar Saroj ceased to be Director on 05 Oct 2017.
Frequently asked questions
MV Mutual Benefit Nidhi is an active nidhi company based in Mirzapur, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 20 June 2016 (10+ years old) and is registered under CIN U65929UP2016PLC084201.
MV Mutual Benefit Nidhi has 3 current directors:
- Shivpal Gupta - Director
- Rajesh Gupta - Director
- Sant Lal Pal - Director
The latest financial statements of MV Mutual Benefit Nidhi on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 15 June 2019. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of MV Mutual Benefit Nidhi is U65929UP2016PLC084201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MV Mutual Benefit Nidhi was incorporated on 20 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of MV Mutual Benefit Nidhi by revenue are Naveen Samridh Fund Nidhi Limited, Sarvesh Automobile Finance Limited, NSM Tradepro Private Limited, Sajha Sanchay Nidhi Limited, Pankaj Sai Ram Micro Service Foundation and 4 more, all in the same principal business activity (financial and credit leasing activities).
Rakesh Kumar Saroj ceased to be Director on 05 Oct 2017. Shivpal Gupta was appointed as Director on 01 Apr 2017. Sant Lal Pal was appointed as Director on 02 Jul 2016. MV Mutual Benefit Nidhi has 5 board changes on record in total.
The registered office of MV Mutual Benefit Nidhi is at Pandey Pur Mirzapur, Uttar Pradesh, India – 231001.
MV Mutual Benefit Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of MV Mutual Benefit Nidhi is active non-compliant as of 06 August 2026. The company is actively filing with the Registrar of Companies.
MV Mutual Benefit Nidhi can be reached at its registered office: Pandey Pur Mirzapur, Uttar Pradesh, India – 231001.
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