Rakshack Mutual Benefit Nidhi Limited
About Rakshack Mutual Benefit Nidhi Limited
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Rakshack 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 30 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65999UP2017PLC093665.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Dhaneshwar and Shivpujan Patel Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Vill – Lalganj Post – Lalganj, Mirzapur, Uttar Pradesh, India – 231211.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.01 Lakh, a growth of 101% compared to the previous year. For the same year it recorded a net loss of ₹6,986 (net margin -1.2%) and EBITDA of ₹2.1 Lakh (EBITDA margin 35%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rakshack Mutual Benefit Nidhi Limited's registered office is in Mirzapur, Uttar Pradesh.
- Registered AddressVill – Lalganj Post – Lalganj, Mirzapur, Uttar Pradesh, India – 231211
- 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 Rakshack Mutual Benefit 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 Rakshack Mutual Benefit Nidhi Limited, buy the company report.
Financials of Rakshack Mutual Benefit Nidhi Limited
FY 2019 filings availableRakshack Mutual Benefit Nidhi Limited reported revenue of ₹6.01 Lakh (up 101% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 101% in the latest year. EBITDA rose 201% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.1 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6,986 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 35% | |
| Net Profit Margin | -1.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of Rakshack Mutual Benefit Nidhi Limited, buy the company report.
Board of directors of Rakshack Mutual Benefit Nidhi Limited
Rakshack Mutual Benefit 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 |
|---|---|---|---|---|
| Dhaneshwar | Director | 30 May 2017 | 9 Years 5 Months | Current |
| Shivpujan Patel Singh | Director | 30 May 2017 | 9 Years 5 Months | Current |
| Pavnesh Patel | Director | 22 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Rakshack Mutual Benefit 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 |
|---|---|---|---|---|---|---|
| Vettri Vela Chit Fund Private Limited | ₹6.01 Lakh (FY 2021) | -55.0% | Coimbatore, Tamil Nadu, India | |||
| Shyam Media Services Private Limited | ₹6.01 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Ramnera Nidhi Limited | ₹6.01 Lakh (FY 2021) | 12.0% | Ghazianad, Uttar Pradesh, India | |||
| Brigade Chit Funds Private Limited | ₹6.01 Lakh (FY 2020) | -51.0% | Bangalore, Karnataka, India | |||
| Kalapatti Amman Chit's Private Limited | ₹6.01 Lakh (FY 2021) | 19.0% | Coimbatore, Tamil Nadu, India | |||
| Rakshack Mutual Benefit Nidhi Limitedthis company | ₹6.01 Lakh (FY 2019) | -₹6,986 | -1.2% | 101.0% | Mirzapur, Uttar Pradesh, India | |
| Supertech Auto Private Limited | ₹6.01 Lakh (FY 2019) | 9.0% | Delhi, India | |||
| Asm India Investments Pvt Ltd | ₹6 Lakh (FY 2023) | -35.0% | Hisar, Haryana, India | |||
| Coromandel Capital and Venture Advisors Private Limited (OPC) | ₹6 Lakh (FY 2025) | 297.0% | Bangalore, Karnataka, India | |||
| Kriti Trading Private Limited | ₹6 Lakh (FY 2025) | -82.0% | Mumbai, Maharashtra, India | |||
| Shayat Services (OPC) Private Limited | ₹6 Lakh (FY 2020) | New Delhi, Delhi, India |
To see the full peer comparison of Rakshack Mutual Benefit Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rakshack 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 Rakshack 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 Rakshack Mutual Benefit Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rakshack Mutual Benefit Nidhi Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Shiv Shankar ceased to be Director on 23 Apr 2019.
Frequently asked questions
Rakshack 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 30 May 2017 (9+ years old) and is registered under CIN U65999UP2017PLC093665.
Rakshack Mutual Benefit Nidhi has 3 current directors:
- Dhaneshwar - Director
- Shivpujan Patel Singh - Director
- Pavnesh Patel - Director
The latest financial statements of Rakshack Mutual Benefit Nidhi on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Rakshack Mutual Benefit Nidhi is U65999UP2017PLC093665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rakshack Mutual Benefit Nidhi was incorporated on 30 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Rakshack Mutual Benefit Nidhi by revenue are Vettri Vela Chit Fund Private Limited, Shyam Media Services Private Limited, Ramnera Nidhi Limited, Brigade Chit Funds Private Limited, Kalapatti Amman Chit's Private Limited and 5 more, all in the same principal business activity (other financial activities).
Shiv Shankar ceased to be Director on 23 Apr 2019. Pavnesh Patel was appointed as Director on 22 Apr 2019. Dhaneshwar was appointed as Director on 30 May 2017. Rakshack Mutual Benefit Nidhi has 4 board changes on record in total.
The registered office of Rakshack Mutual Benefit Nidhi is at Vill – Lalganj Post – Lalganj, Mirzapur, Uttar Pradesh, India – 231211.
Rakshack Mutual Benefit Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Rakshack Mutual Benefit Nidhi is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.
Rakshack Mutual Benefit Nidhi can be reached at its registered office: Vill – Lalganj Post – Lalganj, Mirzapur, Uttar Pradesh, India – 231211.
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