Sooryakanthi Nidhi Limited
About Sooryakanthi Nidhi Limited
Data last updated:
Sooryakanthi Nidhi Limited is a nidhi company based in Palakkad, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 16 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2016PLC046550.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Sivakumar Subramanian (Managing Director) and Selvi Karuppuswamy.
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 Xvi.91. Kulavanmukku Kuzhalmannam Post Alathur, Palakkad, Kerala, India – 678702.
As per the financials filed for FY 2025, the company reported a revenue of ₹51,010, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹49,560 (net margin -97.2%) and EBITDA of -₹26,990 (EBITDA margin -52.9%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 74% over five years.
Court records list 46 cases involving the company, including 22 filed by the company and 24 filed against it; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sooryakanthi Nidhi Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressXvi.91. Kulavanmukku Kuzhalmannam Post Alathur, Palakkad, Kerala, India – 678702
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sooryakanthi 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 Sooryakanthi Nidhi is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Sooryakanthi Nidhi Limited, buy the company report.
Financials of Sooryakanthi Nidhi Limited
FY 2025 filings availableSooryakanthi Nidhi Limited reported revenue of ₹51,010 (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 99% fall in the latest year. EBITDA fell 109% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹26,990 | ||||
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| Net Profit (PAT) | -₹49,560 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -52.9% | ||||
| Net Profit Margin | -97.2% | ||||
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To see the full financial statements and ratios of Sooryakanthi Nidhi Limited, buy the company report.
Board of directors of Sooryakanthi Nidhi Limited
Sooryakanthi Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivakumar Subramanian Also directs: Sooryakripa Nidhi Limited, Thejus Soorya Nidhi Limited, Soorya Suraksha Nidhi Limited and 1 more | Managing Director | 16 Aug 2016 | 10 Years 2 Months | Current |
| Selvi Karuppuswamy Also directs: Sooryakripa Nidhi Limited, Thejus Soorya Nidhi Limited, Soorya Suraksha Nidhi Limited and 1 more | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
| Subramanian Kuzhalmannam Chittalingam Also directs: Sooryakripa Nidhi Limited, Thejus Soorya Nidhi Limited, Soorya Suraksha Nidhi Limited and 1 more | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
Shareholding
The shareholding of Sooryakanthi Nidhi Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sooryakanthi Nidhi Limited, buy the company report.
Legal cases
Sooryakanthi Nidhi Limited has 46 court cases on record: 22 filed by Sooryakanthi Nidhi, 24 filed against it. 17 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 24 | 12 |
| High courts | 16 | 0 | 5 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed against the company by The Registrar of Componies | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by Registrar of Companies | Pending |
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed against the company by The Registrar of Companies | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by The Registrar of Companies | Pending |
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed against the company by Deputy Registrar of Companies Kerala and Lakshadweep | Pending |
To see the full case history of Sooryakanthi 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 Sooryakanthi 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 Sooryakanthi Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sooryakanthi Nidhi Limited has 3 board changes on record since 2016: 3 appointments. The latest: Selvi Karuppuswamy was appointed as Director on 16 Aug 2016.
Frequently asked questions
Sooryakanthi Nidhi is an active nidhi company based in Palakkad, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 16 August 2016 (10+ years old) and is registered under CIN U65990KL2016PLC046550.
Sooryakanthi Nidhi has 3 current directors:
- Sivakumar Subramanian - Managing Director
- Selvi Karuppuswamy - Director
- Subramanian Kuzhalmannam Chittalingam - Director
The latest financial statements of Sooryakanthi 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 Sooryakanthi Nidhi is U65990KL2016PLC046550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sooryakanthi Nidhi has 46 court cases on record: 22 filed by the company and 24 filed against it. 17 are pending. Most are in the district courts.
Sooryakanthi Nidhi was incorporated on 16 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
Selvi Karuppuswamy was appointed as Director on 16 Aug 2016. Sivakumar Subramanian was appointed as Managing Director on 16 Aug 2016. Subramanian Kuzhalmannam Chittalingam was appointed as Director on 16 Aug 2016.
The registered office of Sooryakanthi Nidhi is at Xvi.91. Kulavanmukku Kuzhalmannam Post Alathur, Palakkad, Kerala, India – 678702.
Sooryakanthi Nidhi operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Sooryakanthi Nidhi is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
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