Parpal Nidhi Limited
About Parpal Nidhi Limited
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Parpal Nidhi Limited is a nidhi company based in Mumbai, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 10 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2019PLC325269.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Parasmal Baid and Pooja Baid.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No 503 5th Floor Odhav Baug Asalfa Village Opp Dsouza Compound Ghatkoper (West), Mumbai, Maharashtra, India – 400084.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.55 Lakh, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹34,388 (net margin 4.6%) and EBITDA of ₹4.05 Lakh (EBITDA margin 53.7%).
Company details
Contact details
Parpal Nidhi Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressFlat No 503 5th Floor Odhav Baug Asalfa Village Opp Dsouza Compound Ghatkoper (West), Mumbai, Maharashtra, India – 400084
- 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 Parpal Nidhi is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Parpal Nidhi Limited, buy the company report.
Financials of Parpal Nidhi Limited
FY 2021 filings availableParpal Nidhi Limited reported revenue of ₹7.55 Lakh (up 113% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 113% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.05 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹34,388 | |
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 53.7% | |
| Net Profit Margin | 4.6% | |
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To see the full financial statements and ratios of Parpal Nidhi Limited, buy the company report.
Board of directors of Parpal Nidhi Limited
Parpal Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parasmal Baid Also directs: Neelsetu Impex LLP, VP Trading Private Limited | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Pooja Baid | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Rikhab Chand Baid | Director | 10 May 2019 | 7 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Parpal 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 Parpal 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 Parpal Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parpal Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Parasmal Baid was appointed as Director on 10 May 2019.
Frequently asked questions
Parpal Nidhi is an active nidhi company based in Mumbai, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 10 May 2019 (7+ years old) and is registered under CIN U65990MH2019PLC325269.
Parpal Nidhi has 3 current directors:
- Parasmal Baid - Director
- Pooja Baid - Director
- Rikhab Chand Baid - Director
The latest financial statements of Parpal Nidhi on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Parpal Nidhi is U65990MH2019PLC325269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parpal Nidhi was incorporated on 10 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Parasmal Baid was appointed as Director on 10 May 2019. Pooja Baid was appointed as Director on 10 May 2019. Rikhab Chand Baid was appointed as Director on 10 May 2019.
The registered office of Parpal Nidhi is at Flat No 503 5th Floor Odhav Baug Asalfa Village Opp Dsouza Compound Ghatkoper West, Mumbai, Maharashtra, India – 400084.
Parpal Nidhi operates in the financial services industry, in the other financial intermediation segment.
Parpal Nidhi can be reached at its registered office: Flat No 503 5th Floor Odhav Baug Asalfa Village Opp Dsouza Compound Ghatkoper West, Mumbai, Maharashtra, India – 400084.
Parpal Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.