Richplus Nidhi Limited
About Richplus Nidhi Limited
Data last updated:
Richplus Nidhi Limited is a nidhi company based in Kannur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 20 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67200KL2016PLC047066.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.35 Lakh. It is led by directors including Albin Tom and Abraham Rajesh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Building No: Pp IV/46 A Amala Matha Building Vallithode Kiliyanthara.P.O, Kannur, Kerala, India – 670706.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.83 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹8.1 Lakh (net margin -54.6%) and EBITDA of -₹7.92 Lakh (EBITDA margin -53.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 1% over five years.
Court records list 66 cases involving the company, including 65 filed by the company and 1 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Richplus Nidhi Limited's registered office is in Kannur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBuilding No: Pp IV/46 A Amala Matha Building Vallithode Kiliyanthara.P.O, Kannur, Kerala, India – 670706
- IndustryFinancial Services, Financial Activities
To see the full contact details of Richplus 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 Richplus 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 Richplus Nidhi Limited, buy the company report.
Financials of Richplus Nidhi Limited
FY 2025 filings availableRichplus Nidhi Limited reported revenue of ₹14.83 Lakh (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | 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 | -₹7.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.1 Lakh | ||||
| 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 | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.4% | ||||
| Net Profit Margin | -54.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Richplus Nidhi Limited, buy the company report.
Board of directors of Richplus Nidhi Limited
Richplus 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 |
|---|---|---|---|---|
| Albin Tom Also directs: Dina Mithra Nidhi Limited | Director | 18 Mar 2022 | 4 Years 7 Months | Current |
| Abraham Rajesh Also directs: Richplus Chits (India) Private Limited | Director | 20 Oct 2016 | 10 Years 0 Months | Current |
| Mini Joseph Mylackal Also directs: Richplus Chits (India) Private Limited | Director | 20 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Richplus 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 |
|---|---|---|---|---|---|---|
| Kannadasan Nagar Benefit Fund Limited | ₹14.85 Lakh (FY 2024) | -14.0% | Chennai, Tamil Nadu, India | |||
| Insurebee Insurance Brokers Private Limited | ₹14.84 Lakh (FY 2025) | 23.0% | Mysore, Karnataka, India | |||
| Mrs Chit Funds Private Limited | ₹14.84 Lakh (FY 2024) | -58.0% | Pet Basheerabad, Medchal(D, Telangana, India | |||
| Equisec Holdings Private Limited | ₹14.84 Lakh (FY 2025) | -20.0% | Kolkata, West Bengal, India | |||
| Unix Forex Private Limited | ₹14.83 Lakh (FY 2020) | -95.0% | Chennai, Tamil Nadu, India | |||
| Richplus Nidhi Limitedthis company | ₹14.83 Lakh (FY 2024) | -₹8.1 Lakh | -54.6% | -33.0% | Kannur, Kerala, India | |
| Roshan Nidhi Limited | ₹14.82 Lakh (FY 2021) | 30.0% | Jodhpur, Rajasthan, India | |||
| Guruprabha Kuries Private Limited | ₹14.82 Lakh (FY 2025) | -21.0% | Kunnamkulam, Kerala, India | |||
| Femina Share Management Services Pvt.Ltd. | ₹14.82 Lakh (FY 2018) | -39.0% | Mumbai, Maharashtra, India | |||
| Enso Holdings & Finance Private Limited | ₹14.82 Lakh (FY 2023) | 27.0% | Mumbai, Maharashtra, India | |||
| Pooja Finstock International Limited | ₹14.82 Lakh (FY 2025) | -12.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Richplus Nidhi Limited, buy the company report.
Auditor
Richplus Nidhi Limited is audited by BSJ & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSJ & ASSOCIATES | FY 2017 | BSJ & ASSOCIATES |
Shareholding
The shareholding of Richplus Nidhi Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Richplus Nidhi Limited, buy the company report.
Legal cases
Richplus Nidhi Limited has 66 court cases on record: 65 filed by Richplus Nidhi, 1 filed against it. 16 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 1 | 16 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Richplus 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 Richplus 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 Richplus Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Richplus Nidhi Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Albin Tom was appointed as Director on 18 Mar 2022.
Frequently asked questions
Richplus Nidhi is an active nidhi company based in Kannur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 20 October 2016 (10+ years old) and is registered under CIN U67200KL2016PLC047066.
Richplus Nidhi has 3 current directors:
- Albin Tom - Director
- Abraham Rajesh - Director
- Mini Joseph Mylackal - Director
The latest financial statements of Richplus Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Richplus Nidhi is U67200KL2016PLC047066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richplus Nidhi has 66 court cases on record: 65 filed by the company and 1 filed against it. 16 are pending. Most are in the district courts.
Richplus Nidhi was incorporated on 20 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Richplus Nidhi by revenue are Kannadasan Nagar Benefit Fund Limited, Insurebee Insurance Brokers Private Limited, Mrs Chit Funds Private Limited, Equisec Holdings Private Limited, Unix Forex Private Limited and 5 more, all in the same principal business activity (other financial activities).
Albin Tom was appointed as Director on 18 Mar 2022. Chengazhassery Thomas Justin ceased to be Director on 18 Mar 2022. Abraham Rajesh was appointed as Director on 20 Oct 2016. Richplus Nidhi has 5 board changes on record in total.
The registered office of Richplus Nidhi is at Building No: Pp IV46 A Amala Matha Building Vallithode Kiliyanthara.P.O, Kannur, Kerala, India – 670706.
Richplus Nidhi operates in the financial services industry, in the financial activities segment.
The compliance status of Richplus Nidhi is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.