
Ratnamani Nidhi Limited
About Ratnamani Nidhi Limited
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Ratnamani Nidhi Limited is a nidhi company based in Jatni, Odisha, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 28 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U67190OR2019PLN032145.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jaydev Pradhan (Managing Director) and Binodini Patasani.
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 H/O – Jaydev Pradhan At/Po: Kudiary Ps: Jatni Dist: Khurda, Odisha, India – 752050.
As per the financials filed for FY 2021, the company reported a revenue of ₹9.73 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹38,081 (net margin 3.9%) and EBITDA of ₹4.9 Lakh (EBITDA margin 50.4%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Ratnamani Nidhi Limited's registered office is in Jatni, Odisha.
- Registered AddressH/O – Jaydev Pradhan At/Po: Kudiary Ps: Jatni Dist: Khurda, Odisha, India – 752050
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 Ratnamani 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 Ratnamani Nidhi Limited, buy the company report.
Financials of Ratnamani Nidhi Limited
FY 2021 filings availableRatnamani Nidhi Limited reported revenue of ₹9.73 Lakh (up 450% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 450% in the latest year. EBITDA rose 658% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.9 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹38,081 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 50.4% | |
| Net Profit Margin | 3.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Ratnamani Nidhi Limited, buy the company report.
Board of directors of Ratnamani Nidhi Limited
Ratnamani Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydev Pradhan | Managing Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Binodini Patasani | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Raj Kishore Pradhan | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Ratnamani 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 |
|---|---|---|---|---|---|---|
| Shrivridhi Agency Private Limited | ₹9.74 Lakh (FY 2018) | 626.0% | Kolkata, West Bengal, India | |||
| Wellwisher Nidhi Limited | ₹9.74 Lakh (FY 2022) | 10.0% | Thrissur, Kerala, India | |||
| Sri Devibala Chits Private Limited | ₹9.74 Lakh (FY 2024) | 13.0% | Tirupur, Tamil Nadu, India | |||
| Jai Sai Chit Funds India Private Limited | ₹9.73 Lakh (FY 2023) | 59.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Libord Securities Limited | ₹9.73 Lakh (FY 2025) | -88.0% | Mumbai, Maharashtra, India | |||
| Ratnamani Nidhi Limitedthis company | ₹9.73 Lakh (FY 2021) | ₹38,081 | 3.9% | 450.0% | Jatni, Odisha, India | |
| Jannrishta Microfinance Private Limited | ₹9.73 Lakh (FY 2025) | -72.0% | Mathura, Uttar Pradesh, India | |||
| Advika Financial Services Private Limited | ₹9.72 Lakh (FY 2025) | -20.0% | Haveri, Karnataka, India | |||
| Selvasubam Chits Private Limited | ₹9.72 Lakh (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Divitha Chit Funds Private Limited | ₹9.72 Lakh (FY 2025) | 12.0% | K R Nagara, Karnataka, India | |||
| Dilsher Finance Private Limited | ₹9.72 Lakh (FY 2019) | -1.0% | Amritsar, Punjab, India |
To see the full peer comparison of Ratnamani Nidhi Limited, buy the company report.
Legal cases
Ratnamani Nidhi Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by Assistant Registrar of Companies | Disposed |
To see the full case history of Ratnamani 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 Ratnamani 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 Ratnamani Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ratnamani Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Binodini Patasani was appointed as Director on 28 Nov 2019.
Frequently asked questions
Ratnamani Nidhi is an active nidhi company based in Jatni, Odisha, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 28 November 2019 (7+ years old) and is registered under CIN U67190OR2019PLN032145.
Ratnamani Nidhi has 3 current directors:
- Jaydev Pradhan - Managing Director
- Binodini Patasani - Director
- Raj Kishore Pradhan - Director
The latest financial statements of Ratnamani 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 Ratnamani Nidhi is U67190OR2019PLN032145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnamani Nidhi has 1 court case on record: 1 filed against it.
Ratnamani Nidhi was incorporated on 28 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ratnamani Nidhi by revenue are Shrivridhi Agency Private Limited, Wellwisher Nidhi Limited, Sri Devibala Chits Private Limited, Jai Sai Chit Funds India Private Limited, Libord Securities Limited and 5 more, all in the same principal business activity (other financial activities).
Binodini Patasani was appointed as Director on 28 Nov 2019. Jaydev Pradhan was appointed as Managing Director on 28 Nov 2019. Raj Kishore Pradhan was appointed as Director on 28 Nov 2019.
The registered office of Ratnamani Nidhi is at HO – Jaydev Pradhan AtPo: Kudiary Ps: Jatni Dist: Khurda, Odisha, India – 752050.
Ratnamani Nidhi operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Ratnamani Nidhi can be reached at its registered office: HO – Jaydev Pradhan AtPo: Kudiary Ps: Jatni Dist: Khurda, Odisha, India – 752050.

