Singh Mutual Nidhi Limited
About Singh Mutual Nidhi Limited
Data last updated:
Singh Mutual Nidhi Limited is a nidhi company based in Varanasi, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 30 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U65990UP2019PLN122846.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Laxmi Kant Patel and Deeksha Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Sraswati Devi W/O Kailash Nath Sing S – 15/7 Nadeserghousaba Nadesar Ghausabad, Varanasi, Uttar Pradesh, India – 221002.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.69 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹16,644 (net margin -2.9%) and EBITDA of ₹4,439 (EBITDA margin 0.8%).
Company details
Contact details
Singh Mutual Nidhi Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Sraswati Devi W/O Kailash Nath Sing S – 15/7 Nadeserghousaba Nadesar Ghausabad, Varanasi, Uttar Pradesh, India – 221002
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Singh Mutual 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 Singh Mutual 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 Singh Mutual Nidhi Limited, buy the company report.
Financials of Singh Mutual Nidhi Limited
FY 2023 filings availableSingh Mutual Nidhi Limited reported revenue of ₹5.69 Lakh (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA fell 59% 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 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 | ₹4,439 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16,644 | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.8% | |||
| Net Profit Margin | -2.9% | |||
| 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 Singh Mutual Nidhi Limited, buy the company report.
Board of directors of Singh Mutual Nidhi Limited
Singh Mutual Nidhi has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Kant Patel | Director | 28 Sep 2024 | 2 Years 1 Months | Current |
| Deeksha Singh | Director | 03 Oct 2024 | 2 Years 1 Months | Current |
| Satyam Singh | Director | 28 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Singh Mutual 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 |
|---|---|---|---|---|---|---|
| Swarnika Chit Fund Private Limited | ₹5.7 Lakh (FY 2020) | 280.0% | Bangalore, Karnataka, India | |||
| Moolankuzhi Kuries Limited | ₹5.7 Lakh (FY 2024) | -21.0% | Ernakulam, Kerala, India | |||
| Arthakranti Urban Multiple Nidhi Limited | ₹5.7 Lakh (FY 2021) | 2202.0% | Dhoki, Maharashtra, India | |||
| SDC Chits Private Limited | ₹5.69 Lakh (FY 2021) | -41.0% | Chennai, Tamil Nadu, India | |||
| Av Croreservices Private Limited | ₹5.69 Lakh (FY 2024) | 19.0% | Chennai, Tamil Nadu, India | |||
| Singh Mutual Nidhi Limitedthis company | ₹5.69 Lakh (FY 2023) | -₹16,644 | -2.9% | 4.0% | Varanasi, Uttar Pradesh, India | |
| Manichander Chits India Private Limited | ₹5.69 Lakh (FY 2022) | 25.0% | Coimbatore, Tamil Nadu, India | |||
| Kottayam Friends Chitty Fund Private Limited | ₹5.69 Lakh (FY 2025) | -24.0% | Kottayam, Kerala, India | |||
| Finbouquet Fintech Private Limited | ₹5.69 Lakh (FY 2025) | 1094.0% | New Delhi, Delhi, India | |||
| Kalangara Kuries India Private Limited | ₹5.68 Lakh (FY 2024) | -5.0% | Alappuzha, Kerala, India | |||
| Charismatic Financials Pvt Ltd | ₹5.67 Lakh (FY 2024) | -90.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Singh Mutual Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Singh Mutual 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 Singh Mutual 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 Singh Mutual Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Singh Mutual Nidhi Limited has 6 board changes on record since 2024: 3 appointments and 3 cessations. The latest: Ashish Kumar Singh ceased to be Director on 10 Oct 2024.
Frequently asked questions
Singh Mutual Nidhi is an active nidhi company based in Varanasi, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 30 October 2019 (7+ years old) and is registered under CIN U65990UP2019PLN122846.
Singh Mutual Nidhi has 3 current directors:
- Laxmi Kant Patel - Director
- Deeksha Singh - Director
- Satyam Singh - Director
The latest financial statements of Singh Mutual Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Singh Mutual Nidhi is U65990UP2019PLN122846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Singh Mutual Nidhi was incorporated on 30 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Singh Mutual Nidhi by revenue are Swarnika Chit Fund Private Limited, Moolankuzhi Kuries Limited, Arthakranti Urban Multiple Nidhi Limited, SDC Chits Private Limited, Av Croreservices Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ashish Kumar Singh ceased to be Director on 10 Oct 2024. Deeksha Singh was appointed as Director on 03 Oct 2024. Rahul Kumar Singh ceased to be Director on 03 Oct 2024. Singh Mutual Nidhi has 6 board changes on record in total.
The registered office of Singh Mutual Nidhi is at CO Sraswati Devi WO Kailash Nath Sing S – 157 Nadeserghousaba Nadesar Ghausabad, Varanasi, Uttar Pradesh, India – 221002.
Singh Mutual Nidhi operates in the financial services industry, in the other financial intermediation segment.
Singh Mutual Nidhi can be reached at its registered office: CO Sraswati Devi WO Kailash Nath Sing S – 157 Nadeserghousaba Nadesar Ghausabad, Varanasi, Uttar Pradesh, India – 221002.
Singh Mutual Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
