Adwait Nidhi Limited
About Adwait Nidhi Limited
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Adwait Nidhi Limited is a nidhi company based in Dahod, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65999GJ2018PLC105011.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Snehal Bipinchandra Soni and Laxman Lalabhai Rajgor.
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 22 Ankur Society Govind Nagar Vill. Dohad, Dahod, Gujarat, India – 389151.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.99 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹45,315 (net margin 15.1%) and EBITDA of ₹1.7 Lakh (EBITDA margin 56.9%).
Company details
Contact details
Adwait Nidhi Limited's registered office is in Dahod, Gujarat.
- Registered Address22 Ankur Society Govind Nagar Vill. Dohad, Dahod, Gujarat, India – 389151
- IndustryFinancial Services, Diversified Financial Services
- 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 Adwait 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 Adwait Nidhi Limited, buy the company report.
Financials of Adwait Nidhi Limited
FY 2021 filings availableAdwait Nidhi Limited reported revenue of ₹2.99 Lakh (down 47% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year. EBITDA fell 56% 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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| EBITDA | ₹1.7 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹45,315 | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 56.9% | ||
| Net Profit Margin | 15.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Adwait Nidhi Limited, buy the company report.
Board of directors of Adwait Nidhi Limited
Adwait Nidhi has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snehal Bipinchandra Soni Also directs: Keval Fintech Private Limited, Jabsn Foundation | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
| Krupaben Gajjar Nitishkumar | Additional Director | 25 Feb 2019 | 7 Years 8 Months | Current |
| Hiral Snehal Soni | Additional Director | 25 Feb 2019 | 7 Years 8 Months | Current |
| Laxman Lalabhai Rajgor | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Adwait Nidhi Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| TVR Investments Pvt Ltd | ₹3 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Adwait Nidhi Limitedthis company | ₹2.99 Lakh (FY 2021) | ₹45,315 | 15.1% | -47.0% | Dahod, Gujarat, India | |
| KKDG Financial Services Private Limited | ₹2.99 Lakh (FY 2025) | -17.0% | Delhi, India | |||
| Maa Durga Niwas Private Limited | ₹2.98 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Adwait Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adwait 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 Adwait 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 Adwait Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Adwait Nidhi Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Hiral Snehal Soni was appointed as Additional Director on 25 Feb 2019.
Frequently asked questions
Adwait Nidhi is an active nidhi company based in Dahod, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 October 2018 (8+ years old) and is registered under CIN U65999GJ2018PLC105011.
Adwait Nidhi has 4 current directors:
- Snehal Bipinchandra Soni - Director
- Krupaben Gajjar Nitishkumar - Additional Director
- Hiral Snehal Soni - Additional Director
- Laxman Lalabhai Rajgor - Director
The latest financial statements of Adwait 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 Adwait Nidhi is U65999GJ2018PLC105011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adwait Nidhi was incorporated on 30 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Adwait Nidhi by revenue are TVR Investments Pvt Ltd, KKDG Financial Services Private Limited, Maa Durga Niwas Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Hiral Snehal Soni was appointed as Additional Director on 25 Feb 2019. Krupaben Gajjar Nitishkumar was appointed as Additional Director on 25 Feb 2019. Nitish Umeshkumar Gajjar ceased to be Director on 25 Feb 2019. Adwait Nidhi has 5 board changes on record in total.
The registered office of Adwait Nidhi is at 22 Ankur Society Govind Nagar Vill. Dohad, Dahod, Gujarat, India – 389151.
Adwait Nidhi operates in the financial services industry, in the diversified financial services segment.
Adwait Nidhi can be reached at its registered office: 22 Ankur Society Govind Nagar Vill. Dohad, Dahod, Gujarat, India – 389151.
Adwait Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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