Trueline Nidhi Limited
About Trueline Nidhi Limited
Data last updated:
Trueline Nidhi Limited is a nidhi company based in Kuttippuram, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2018PLC053431.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Arun Kakathu Puthenveedu (Managing Director) and Kavungaparambil Vijeesh.
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 is at No VII/1064 K. E Complex Near Telephone Exchange Oneway Road, Kuttippuram, Kerala, India – 679571.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.95 Lakh, a growth of 83% compared to the previous year. For the same year it recorded a net loss of ₹5.34 Lakh (net margin -41.3%) and EBITDA of -₹3.69 Lakh (EBITDA margin -28.5%).
Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Company details
Contact details
Trueline Nidhi Limited's registered office is in Kuttippuram, Kerala.
- Registered AddressNo VII/1064 K. E Complex Near Telephone Exchange Oneway Road, Kuttippuram, Kerala, India – 679571
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 Trueline Nidhi is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Trueline Nidhi Limited, buy the company report.
Financials of Trueline Nidhi Limited
FY 2021 filings availableTrueline Nidhi Limited reported revenue of ₹12.95 Lakh (up 83% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 83% in the latest year. EBITDA fell 265% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||
| EBITDA | -₹3.69 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.34 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -28.5% | ||
| Net Profit Margin | -41.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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To see the full financial statements and ratios of Trueline Nidhi Limited, buy the company report.
Board of directors of Trueline Nidhi Limited
Trueline Nidhi has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavungaparambil Vijeesh Also directs: Insco-Hub Private Limited | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Sunesh | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Alu Veettil Subhash | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Moothedath Valappil Sujeesh | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Suresh Kumar Alu Veettil | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Jayaprakash | Director | 24 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Trueline Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harshant Investments Private Limited | ₹13.09 Lakh (FY 2025) | -84.0% | Delhi, India | |||
| Evenspeed Trading Private Limited | ₹13.07 Lakh (FY 2019) | -34.0% | Kolkata, West Bengal, India | |||
| Jar Metal Industries Private Limited | ₹13.03 Lakh (FY 2022) | 351.0% | Delhi, India | |||
| Hsis Gold Nidhi Limited | ₹13.02 Lakh (FY 2025) | -54.0% | Ludhiana, Punjab, India | |||
| Aishwariyam Micro Finance Limited | ₹13.01 Lakh (FY 2018) | 361.0% | Erode, Tamil Nadu, India | |||
| Trueline Nidhi Limitedthis company | ₹12.95 Lakh (FY 2021) | -₹5.34 Lakh | -41.3% | 83.0% | Kuttippuram, Kerala, India | |
| Mayank Financial Services Private Limited | ₹12.79 Lakh (FY 2025) | -18.0% | Punjab, India | |||
| Dharamsons Finlease Private Limited | ₹12.7 Lakh (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Jaryal Motor Finance Company Limited | ₹12.7 Lakh (FY 2020) | -20.0% | Hamirpur, Himachal Pradesh, India | |||
| Maloney Investments Private Limited | ₹12.67 Lakh (FY 2025) | 61.0% | Chandigarh, India | |||
| Nilgiri Vinimay Pvt Ltd | ₹12.67 Lakh (FY 2024) | -24.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Trueline Nidhi Limited, buy the company report.
Legal cases
Trueline Nidhi Limited has 3 court cases on record: 3 filed by Trueline Nidhi. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Malappuram, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Malappuram, Kerala | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Malappuram, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Trueline 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 Trueline 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 Trueline Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Trueline Nidhi Limited has 7 board changes on record since 2018: 7 appointments. The latest: Alu Veettil Subhash was appointed as Director on 24 May 2018.
Frequently asked questions
Trueline Nidhi is an active nidhi company based in Kuttippuram, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 May 2018 (8+ years old) and is registered under CIN U65929KL2018PLC053431.
Trueline Nidhi has 7 current directors:
- Arun Kakathu Puthenveedu - Managing Director
- Kavungaparambil Vijeesh - Director
- Sunesh - Director
- Alu Veettil Subhash - Director
- Moothedath Valappil Sujeesh - Director
- Suresh Kumar Alu Veettil - Director
- Jayaprakash - Director
The latest financial statements of Trueline 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.
The CIN (Corporate Identification Number) of Trueline Nidhi is U65929KL2018PLC053431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trueline Nidhi has 3 court cases on record: 3 filed by the company. 3 are pending.
Trueline Nidhi was incorporated on 24 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Trueline Nidhi by revenue are Harshant Investments Private Limited, Evenspeed Trading Private Limited, Jar Metal Industries Private Limited, Hsis Gold Nidhi Limited, Aishwariyam Micro Finance Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Alu Veettil Subhash was appointed as Director on 24 May 2018. Arun Kakathu Puthenveedu was appointed as Managing Director on 24 May 2018. Jayaprakash was appointed as Director on 24 May 2018. Trueline Nidhi has 7 board changes on record in total.
The registered office of Trueline Nidhi is at No VII1064 K. E Complex Near Telephone Exchange Oneway Road, Kuttippuram, Kerala, India – 679571.
Trueline Nidhi operates in the financial services industry, in the other financial intermediation segment.
Trueline Nidhi can be reached at its registered office: No VII1064 K. E Complex Near Telephone Exchange Oneway Road, Kuttippuram, Kerala, India – 679571.
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