Vasudha Nidhi Limited
About Vasudha Nidhi Limited
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Vasudha Nidhi Limited is a nidhi company based in Solan, Himachal Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 13 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U65929HP2020PLN007841.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Poonam Kumari and Ramesh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at R/O Vpo Shalaghat Tehsil Arki, Solan, Himachal Pradesh, India – 173211.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.96 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹35,500 (net margin -9%) and EBITDA of ₹1.39 Lakh (EBITDA margin 35.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vasudha Nidhi Limited's registered office is in Solan, Himachal Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressR/O Vpo Shalaghat Tehsil Arki, Solan, Himachal Pradesh, India – 173211
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Vasudha 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 Vasudha 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 Vasudha Nidhi Limited, buy the company report.
Financials of Vasudha Nidhi Limited
FY 2024 filings availableVasudha Nidhi Limited reported revenue of ₹3.96 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 1% growth in the latest year. EBITDA rose 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.39 Lakh | ||||
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| Net Profit (PAT) | -₹35,500 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 35.1% | ||||
| Net Profit Margin | -9% | ||||
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To see the full financial statements and ratios of Vasudha Nidhi Limited, buy the company report.
Board of directors of Vasudha Nidhi Limited
Vasudha Nidhi has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar | Additional Director | 27 Nov 2020 | 5 Years 11 Months | Current |
| Hari Krishan | Additional Director | 27 Nov 2020 | 5 Years 11 Months | Current |
| Poonam Kumari | Director | 27 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Vasudha 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 |
|---|---|---|---|---|---|---|
| Sathyam Kuries Private Limited | ₹4.11 Lakh (FY 2021) | -74.0% | Pune, Maharashtra, India | |||
| Kesar Madhav Micro Finance | ₹4.08 Lakh (FY 2025) | 32.0% | Jaipur, Rajasthan, India | |||
| Bheemidi Chit Funds Private Limited | ₹4.03 Lakh (FY 2020) | -77.0% | Hyderabad, Telangana, India | |||
| Vibrant Nidhi Limited | ₹4.02 Lakh (FY 2025) | -55.0% | Banswara, Rajasthan, India | |||
| Vasudha Nidhi Limitedthis company | ₹3.96 Lakh (FY 2024) | -₹35,500 | -9% | 1.0% | Solan, Himachal Pradesh, India | |
| Sevakrisak Sangam Micro Finance Foundation | ₹3.93 Lakh (FY 2024) | -13.0% | Mirzapur, Uttar Pradesh, India | |||
| Shivji Taxcon Chits Private Limited | ₹3.91 Lakh (FY 2025) | 0.0% | Manesar, Haryana, India | |||
| Kovai Shriraana Chit Funds Private Limited | ₹3.9 Lakh (FY 2025) | -5.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Vasudha Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vasudha 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 Vasudha 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 Vasudha Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vasudha Nidhi Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Satya Thakur ceased to be Additional Director on 14 Feb 2023.
Frequently asked questions
Vasudha Nidhi is an active nidhi company based in Solan, Himachal Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 13 March 2020 (6+ years old) and is registered under CIN U65929HP2020PLN007841.
Vasudha Nidhi has 3 current directors:
- Ramesh Kumar - Additional Director
- Hari Krishan - Additional Director
- Poonam Kumari - Director
The latest financial statements of Vasudha Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Vasudha Nidhi is U65929HP2020PLN007841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasudha Nidhi was incorporated on 13 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Vasudha Nidhi by revenue are Sathyam Kuries Private Limited, Kesar Madhav Micro Finance, Bheemidi Chit Funds Private Limited, Vibrant Nidhi Limited, Sevakrisak Sangam Micro Finance Foundation and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Satya Thakur ceased to be Additional Director on 14 Feb 2023. Poonam Kumari was appointed as Director on 27 Jan 2023. Anmol ceased to be Director on 28 Nov 2020. Vasudha Nidhi has 7 board changes on record in total.
The registered office of Vasudha Nidhi is at RO Vpo Shalaghat Tehsil Arki, Solan, Himachal Pradesh, India – 173211.
Vasudha Nidhi operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Vasudha Nidhi is compliant as of 09 September 2026. The company is actively filing with the Registrar of Companies.
Vasudha Nidhi can be reached at its registered office: RO Vpo Shalaghat Tehsil Arki, Solan, Himachal Pradesh, India – 173211.
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