Robust Msolutions Nidhi Limited

Robust Msolutions Nidhi Limited - financial services in Bhopal, Madhya Pradesh, India. Directors, charges & compliance details.
CIN U65990MP2018PLC046635 Incorporated 20 September 2018 ROC Gwalior HQ Bhopal, Madhya Pradesh, India
Struck Off Nidhi Company financial services Startup India
Data last updated
Revenue · FY 2021
₹1.04 Lakh
▲ 192% YoY
Net loss · FY 2021
₹83,807
Net margin -80.3%
EBITDA · FY 2021
-₹7,046
EBITDA margin -6.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Last financials
Mar 2021
Balance sheet date

About Robust Msolutions Nidhi Limited

Data last updated:

Robust Msolutions Nidhi Limited was a nidhi company based in Bhopal, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 20 September 2018.

The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U65990MP2018PLC046635.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Kuldeep Bhatnagar and Pallavi Bhatnagar.

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 was at F No – 303 A Block – A Yashoda Parisar No – 3 Kolar Road, Bhopal, Madhya Pradesh, India – 462042.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.04 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹83,807 (net margin -80.3%) and EBITDA of -₹7,046 (EBITDA margin -6.7%).

Company details

CIN U65990MP2018PLC046635
Registration Number 046635
Incorporation Date 20 September 2018
ROC Gwalior
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Robust Msolutions Nidhi

Startup India Government of India

Contact details

Robust Msolutions Nidhi Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    F No – 303 A Block – A Yashoda Parisar No – 3 Kolar Road, Bhopal, Madhya Pradesh, India – 462042
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Robust Msolutions Nidhi Limited, buy the company report.

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  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Robust Msolutions Nidhi is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Robust Msolutions Nidhi Limited, buy the company report.

Financials of Robust Msolutions Nidhi Limited

FY 2021 filings available

Robust Msolutions Nidhi Limited reported revenue of ₹1.04 Lakh (up 192% YoY) for FY 2021.

Revenue · FY 2021
₹1.04 Lakh ▲ 192%
Net loss · FY 2021
₹83,807 margin -80.3%
EBITDA · FY 2021
-₹7,046 margin -6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 192%
EBITDA CAGR growth
1 year
▲ 98%

Revenue rose 192% in the latest year. EBITDA rose 98% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹1.04 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹7,046
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹83,807
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

MetricsFY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-6.7%
Net Profit Margin-80.3%
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 Robust Msolutions Nidhi Limited, buy the company report.

Board of directors of Robust Msolutions Nidhi Limited

Robust Msolutions Nidhi has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kuldeep BhatnagarDirector20 Sep 20188 Years 1 MonthsAs last reported
Pallavi BhatnagarDirector20 Sep 20188 Years 1 MonthsAs last reported
Rohit BhatnagarDirector20 Sep 20188 Years 1 MonthsAs last reported

Peer comparison

Robust Msolutions Nidhi Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Raksha Shree Micro Finance Foundation₹1.09 Lakh (FY 2024)-28.0%Aligarh, Uttar Pradesh, India
Shriramg Urban Nidhi Limited₹1.05 Lakh (FY 2022)Sangli, Maharashtra, India
Robust Msolutions Nidhi Limitedthis company₹1.04 Lakh (FY 2021)-₹83,807-80.3%192.0%Bhopal, Madhya Pradesh, India
Mahaganapati Microfinance₹1.02 Lakh (FY 2025)-70.0%Jaipur, Rajasthan, India
VKV Chits Private Limited₹1.02 Lakh (FY 2023)-72.0%Alappuzha, Kerala, India
Carttal Chits(Kerala) Private Limited₹1.01 Lakh (FY 2019)-78.0%Alappuzha, Kerala, India
Meenachil Vikas Chitty Private Limited₹1.01 Lakh (FY 2020)-75.0%Pala, Kerala, India

To see the full peer comparison of Robust Msolutions Nidhi Limited, buy the company report.

Auditor

Robust Msolutions Nidhi Limited is audited by ANUBHAV JAIN & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
ANUBHAV JAIN & COFY 2021018818C

Shareholding

The shareholding of Robust Msolutions Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Robust Msolutions Nidhi Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Robust Msolutions 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 Robust Msolutions Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Robust Msolutions Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Kuldeep Bhatnagar was appointed as Director on 20 Sep 2018.

AGM
Robust Msolutions Nidhi Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Robust Msolutions Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Gwalior.
Appointed
Kuldeep Bhatnagar was appointed as Director.
Appointed
Pallavi Bhatnagar was appointed as Director.
Appointed
Rohit Bhatnagar was appointed as Director.
Incorporation
20 Sep 2018
Robust Msolutions Nidhi Limited was registered on 20 Sep 2018 with Roc Gwalior & aged 8 years 1 month as per MCA records.

Frequently asked questions

Robust Msolutions Nidhi has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Robust Msolutions Nidhi was a nidhi company based in Bhopal, Madhya Pradesh, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 20 September 2018 and is registered under CIN U65990MP2018PLC046635. The company has been struck off by the Registrar of Companies and is no longer operational.

Robust Msolutions Nidhi had 3 directors:

The CIN (Corporate Identification Number) of Robust Msolutions Nidhi is U65990MP2018PLC046635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Robust Msolutions Nidhi is at F No – 303 A Block – A Yashoda Parisar No – 3 Kolar Road, Bhopal, Madhya Pradesh, India – 462042.

Robust Msolutions Nidhi was incorporated on 20 September 2018. It is registered with the Registrar of Companies, Gwalior.

Yes, Robust Msolutions Nidhi is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The latest financial statements of Robust Msolutions 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 2019 are in the company report.

Robust Msolutions Nidhi operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.

The peers of Robust Msolutions Nidhi by revenue are Raksha Shree Micro Finance Foundation, Shriramg Urban Nidhi Limited, Mahaganapati Microfinance, VKV Chits Private Limited, Carttal Chits(Kerala) Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).

Kuldeep Bhatnagar was appointed as Director on 20 Sep 2018. Pallavi Bhatnagar was appointed as Director on 20 Sep 2018. Rohit Bhatnagar was appointed as Director on 20 Sep 2018.