MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-DL-06-0014386
Startsmith Nidhi Limited - financial services in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹1.17 Lakh
▲ 287% YoY
Net loss · FY 2022
₹1.4 Lakh
Net margin -119.8%
EBITDA · FY 2022
-₹70,695
EBITDA margin -60.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Last financials
Mar 2022
Balance sheet date
About Startsmith Nidhi Limited
Data last updated:
Startsmith Nidhi Limited is a nidhi company based in Delhi, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 13 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65990DL2020PLN371382.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rinku Meena and Gaurav Yadav.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 307 Gali No 7 Prem Nagar – 2 Kirari Suleman Nagar Sultanpuri B Block, Delhi, India – 110041.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.17 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.4 Lakh (net margin -119.8%) and EBITDA of -₹70,695 (EBITDA margin -60.6%).
Startsmith Nidhi Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0014386). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website startsmith.in.
Company details
CIN U65990DL2020PLN371382
Registration Number 371382
Incorporation Date 13 October 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-06-0014386
Recognitions & Rankings of Startsmith Nidhi
Contact details
Startsmith Nidhi Limited's registered office is in Delhi, Delhi. Its website is startsmith.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 307 Gali No 7 Prem Nagar – 2 Kirari Suleman Nagar Sultanpuri B Block, Delhi, India – 110041
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Startsmith Nidhi Limited, buy the company report.
Comprehensive company report
Startsmith Nidhi Limited - one report that includes everything
- 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
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Business activity
The main business activity of Startsmith 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 Startsmith Nidhi Limited, buy the company report.
Financials of Startsmith Nidhi Limited
FY 2022 filings availableStartsmith Nidhi Limited reported revenue of ₹1.17 Lakh (up 287% YoY) for FY 2022.
Revenue · FY 2022
₹1.17 Lakh ▲ 287%
Net loss · FY 2022
₹1.4 Lakh margin -119.8%
EBITDA · FY 2022
-₹70,695 margin -60.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 287%
EBITDA CAGR growth
1 year
▲ 72%
Revenue rose 287% in the latest year. EBITDA rose 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.17 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹70,695 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.4 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 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -60.6% | |
| Net Profit Margin | -119.8% | |
| 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 Startsmith Nidhi Limited, buy the company report.
Board of directors of Startsmith Nidhi Limited
Startsmith Nidhi has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rinku Meena | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
| Gaurav Yadav | Director | 13 Oct 2020 | 6 Years 0 Months | Current |
| Sumit | Director | 13 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Startsmith Nidhi Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sudhabhagya Nidhi Limited | ₹1.21 Lakh (FY 2022) | 118.0% | Aurangabad, Maharashtra, India | |||
| Sridharan Chit Funds Private Limited | ₹1.21 Lakh (FY 2021) | -30.0% | Chennai, Tamil Nadu, India | |||
| Sapat Micro Finance Foundation | ₹1.2 Lakh (FY 2025) | 2.0% | Badohi, Uttar Pradesh, India | |||
| Kubershree Micro Credit Foundation | ₹1.18 Lakh (FY 2024) | -50.0% | Varanasi, Uttar Pradesh, India | |||
| Startsmith Nidhi Limitedthis company | ₹1.17 Lakh (FY 2022) | -₹1.4 Lakh | -119.8% | 287.0% | Delhi, India | |
| Patronize Micro Credit Federation | ₹1.13 Lakh (FY 2024) | 122.0% | Hajipur, Bihar, India | |||
| SPM India Nidhi Limited | ₹1.13 Lakh (FY 2021) | Mahwa, Rajasthan, India | ||||
| Selvagugaa Chits Private Limited | ₹1.12 Lakh (FY 2022) | -39.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Startsmith Nidhi Limited, buy the company report.
Auditor
Startsmith Nidhi Limited is audited by PALLAV DAVE & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PALLAV DAVE & COMPANY | FY 2022 | 030694C |
Shareholding
The shareholding of Startsmith Nidhi Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Startsmith Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Startsmith 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 Startsmith Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Startsmith Nidhi Limited has 1 active EPFO establishment as of Mar 30, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Startsmith Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Startsmith Nidhi Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Rinku Meena was appointed as Director on 23 Mar 2023.
Appointed
Rinku Meena was appointed as Director.
Ceased
Gaurav Khurana ceased to be Director.
AGM
Startsmith Nidhi Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.
Filing
Startsmith Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi Ii.
Ceased
Navneet Tiwari ceased to be Director.
Appointed
Gaurav Yadav was appointed as Director.
Appointed
Sumit was appointed as Director.
Incorporation
13 Oct 2020
Startsmith Nidhi Limited was registered on 13 Oct 2020 with Roc Delhi Ii & aged 6 years 9 days as per MCA records.
Frequently asked questions
Startsmith Nidhi is an active nidhi company based in Delhi, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 13 October 2020 (6+ years old) and is registered under CIN U65990DL2020PLN371382.
Startsmith Nidhi has 3 current directors:
- Rinku Meena - Director
- Gaurav Yadav - Director
- Sumit - Director
The latest financial statements of Startsmith Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Startsmith Nidhi is U65990DL2020PLN371382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Startsmith Nidhi was incorporated on 13 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Startsmith Nidhi by revenue are Sudhabhagya Nidhi Limited, Sridharan Chit Funds Private Limited, Sapat Micro Finance Foundation, Kubershree Micro Credit Foundation, Patronize Micro Credit Federation and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Rinku Meena was appointed as Director on 23 Mar 2023. Gaurav Khurana ceased to be Director on 19 Mar 2023. Navneet Tiwari ceased to be Director on 04 Feb 2021. Startsmith Nidhi has 5 board changes on record in total.
Yes, Startsmith Nidhi is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-06-0014386).
Startsmith Nidhi can be reached through the website startsmith.in. Its registered office is in Delhi, India.
The registered office of Startsmith Nidhi is at B – 307 Gali No 7 Prem Nagar – 2 Kirari Suleman Nagar Sultanpuri B Block, Delhi, India – 110041.
Startsmith Nidhi operates in the financial services industry, in the microfinance institutions segment.