Varanasi Nidhi Limited - financial services in Varanasi, Uttar Pradesh, India. Directors, charges & compliance details.
CIN U65990UP2017PLC098688 Incorporated 17 November 2017 ROC Uttar Pradesh HQ Varanasi, Uttar Pradesh, India
Active Nidhi Company financial services
Data last updated
Revenue · FY 2019
₹4.24 Lakh
▲ 1811% YoY
Net profit · FY 2019
₹18,467
Net margin 4.4%
EBITDA · FY 2019
₹1.28 Lakh
EBITDA margin 30.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Last financials
Mar 2019
Balance sheet date

About Varanasi Nidhi Limited

Data last updated:

Varanasi 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 17 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65990UP2017PLC098688.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Surendra Prasad Dubey and Manish Dubey.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No B – 18 Bhuneshwar Nagar Colony, Varanasi, Uttar Pradesh, India – 221002.

As per the financials filed for FY 2019, the company reported a revenue of ₹4.24 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18,467 (net margin 4.4%) and EBITDA of ₹1.28 Lakh (EBITDA margin 30.3%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65990UP2017PLC098688
Registration Number 098688
Incorporation Date 17 November 2017
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Varanasi Nidhi Limited's registered office is in Varanasi, Uttar Pradesh.

  • Registered Address
    Plot No B – 18 Bhuneshwar Nagar Colony, Varanasi, Uttar Pradesh, India – 221002
  • Industry
    Financial Services, Other Financial Intermediation
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Business activity

The main business activity of Varanasi 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 Varanasi Nidhi Limited, buy the company report.

Financials of Varanasi Nidhi Limited

FY 2019 filings available

Varanasi Nidhi Limited reported revenue of ₹4.24 Lakh (up 1811% YoY) for FY 2019.

Revenue · FY 2019
₹4.24 Lakh ▲ 1811%
Net profit · FY 2019
₹18,467 margin 4.4%
EBITDA · FY 2019
₹1.28 Lakh margin 30.3%

Financial Statement Summary

MetricsFY 2018-19FY 2017-18
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₹1.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18,467
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 2018-19FY 2017-18
Profitability
EBITDA Margin30.3%
Net Profit Margin4.4%
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 Varanasi Nidhi Limited, buy the company report.

Board of directors of Varanasi Nidhi Limited

Varanasi Nidhi has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Surendra Prasad DubeyDirector17 Nov 20178 Years 11 MonthsCurrent
Manish DubeyDirector17 Nov 20178 Years 11 MonthsCurrent
Kalindi DubeyDirector17 Nov 20178 Years 11 MonthsCurrent

Peer comparison

Varanasi 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Basuki Investors & Traders Pvt Ltd₹4.25 Lakh (FY 2025)0.0%Kolkata, West Bengal, India
Siva Balaji Chits Private Limited₹4.25 Lakh (FY 2024)-25.0%Tamil Nadu, India
Blackswan Analytics Limited₹4.25 Lakh (FY 2016)9.0%New Delhi, Delhi, India
Jitendra Fabri Galva Private Limited₹4.24 Lakh (FY 2024)129.0%Uttar Pradesh, India
Manchanda Finlease Private Limited₹4.24 Lakh (FY 2018)-7.0%Hyderabad, Telangana, India
Varanasi Nidhi Limitedthis company₹4.24 Lakh (FY 2019)₹18,4674.4%1811.0%Varanasi, Uttar Pradesh, India
Parandhan Traders Pvt. Ltd.₹4.24 Lakh (FY 2025)3.0%Kolkata, West Bengal, India
Talwar Steels Pvt Ltd₹4.24 Lakh (FY 2017)96.0%Kolkata, West Bengal, India
Anuradha Construction & Leasings Pvt Ltd₹4.23 Lakh (FY 2018)1.0%Ranchi, Jharkhand, India
Jeevamanna Chit Funds Private Limited₹4.23 Lakh (FY 2019)-61.0%Vasai, Maharashtra, India
Linkplan Tie-Up Private Limited₹4.23 Lakh (FY 2023)36.0%Kolkata, West Bengal, India

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

MSME payment delays

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

Recent activity

Varanasi Nidhi Limited has 3 board changes on record since 2017: 3 appointments. The latest: Kalindi Dubey was appointed as Director on 17 Nov 2017.

AGM
Varanasi Nidhi Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Varanasi Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Uttar Pradesh I.
Appointed
Kalindi Dubey was appointed as Director.
Appointed
Manish Dubey was appointed as Director.
Appointed
Surendra Prasad Dubey was appointed as Director.
Incorporation
17 Nov 2017
Varanasi Nidhi Limited was registered on 17 Nov 2017 with Roc Uttar Pradesh I & aged 8 years 11 months as per MCA records.

Frequently asked questions

Varanasi 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 17 November 2017 (9+ years old) and is registered under CIN U65990UP2017PLC098688.

Varanasi Nidhi has 3 current directors:

The latest financial statements of Varanasi Nidhi on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Varanasi Nidhi is U65990UP2017PLC098688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varanasi Nidhi was incorporated on 17 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

The peers of Varanasi Nidhi by revenue are Basuki Investors & Traders Pvt Ltd, Siva Balaji Chits Private Limited, Blackswan Analytics Limited, Jitendra Fabri Galva Private Limited, Manchanda Finlease Private Limited and 5 more, all in the same principal business activity (other financial activities).

Kalindi Dubey was appointed as Director on 17 Nov 2017. Manish Dubey was appointed as Director on 17 Nov 2017. Surendra Prasad Dubey was appointed as Director on 17 Nov 2017.

The registered office of Varanasi Nidhi is at Plot No B – 18 Bhuneshwar Nagar Colony, Varanasi, Uttar Pradesh, India – 221002.

Varanasi Nidhi operates in the financial services industry, in the other financial intermediation segment.

The compliance status of Varanasi Nidhi is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.

Varanasi Nidhi can be reached at its registered office: Plot No B – 18 Bhuneshwar Nagar Colony, Varanasi, Uttar Pradesh, India – 221002.