Akshay Urban Multiple Nidhi Limited
About Akshay Urban Multiple Nidhi Limited
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Akshay Urban Multiple Nidhi Limited is a nidhi company based in Aurangabad, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 22 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2019PLN332003.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sharada Manoj Gatakal and Ganesh Manikrao Thore.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shop No.830 Pachod Tq Paithan, Aurangabad, Maharashtra, India – 431121.
As per the financials filed for FY 2022, the company reported a revenue of ₹27.34 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Lakh (net margin 3.8%) and EBITDA of ₹11.18 Lakh (EBITDA margin 40.9%).
Court records list 9 cases involving the company, including 9 filed by the company; 7 cases are pending.
Company details
Contact details
Akshay Urban Multiple Nidhi Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.830 Pachod Tq Paithan, Aurangabad, Maharashtra, India – 431121
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Akshay Urban Multiple 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 Akshay Urban Multiple 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 Akshay Urban Multiple Nidhi Limited, buy the company report.
Financials of Akshay Urban Multiple Nidhi Limited
FY 2022 filings availableAkshay Urban Multiple Nidhi Limited reported revenue of ₹27.34 Lakh (up 74% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 74% in the latest year. EBITDA rose 144% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||
| EBITDA | ₹11.18 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.04 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 40.9% | ||
| Net Profit Margin | 3.8% | ||
| 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 Akshay Urban Multiple Nidhi Limited, buy the company report.
Board of directors of Akshay Urban Multiple Nidhi Limited
Akshay Urban Multiple Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharada Manoj Gatakal Also directs: Akshayfresh Agrotech Farmers Producer Company Limited | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Ganesh Manikrao Thore Also directs: Shree Sachitanand Farmers Producer Company Limited | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Manoj Bajirao Gatkal | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Akshay Urban Multiple Nidhi Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| New Charan Kanwal Finance Company Private Limited | ₹27.44 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Vettri Nidhi Limited | ₹27.35 Lakh (FY 2025) | 51.0% | Nagercoil, Tamil Nadu, India | |||
| Akshay Urban Multiple Nidhi Limitedthis company | ₹27.34 Lakh (FY 2022) | ₹1.04 Lakh | 3.8% | 74.0% | Aurangabad, Maharashtra, India | |
| Newways Agencies Private Limited | ₹27.34 Lakh (FY 2021) | -63.0% | Kolkata, West Bengal, India | |||
| Sufala Mutual Benefit Nidhi Limited | ₹27.34 Lakh (FY 2020) | 5143.0% | Varanasi, Uttar Pradesh, India | |||
| Way 2 Serve Microfinance Private Limited | ₹27.33 Lakh (FY 2023) | 13.0% | Jodhpur, Rajasthan, India | |||
| Kothari Trade Investments Private Limited | ₹27.28 Lakh (FY 2025) | -47.0% | Chandigarh, India |
To see the full peer comparison of Akshay Urban Multiple Nidhi Limited, buy the company report.
Legal cases
Akshay Urban Multiple Nidhi Limited has 9 court cases on record: 9 filed by Akshay Urban Multiple Nidhi. 7 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 7 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Akshay Urban Multiple 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 Akshay Urban Multiple 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 Akshay Urban Multiple Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akshay Urban Multiple Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ganesh Manikrao Thore was appointed as Director on 22 Oct 2019.
Frequently asked questions
Akshay Urban Multiple Nidhi is an active nidhi company based in Aurangabad, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 22 October 2019 (7+ years old) and is registered under CIN U65990MH2019PLN332003.
Akshay Urban Multiple Nidhi has 3 current directors:
- Sharada Manoj Gatakal - Director
- Ganesh Manikrao Thore - Director
- Manoj Bajirao Gatkal - Director
The latest financial statements of Akshay Urban Multiple Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Akshay Urban Multiple Nidhi is U65990MH2019PLN332003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshay Urban Multiple Nidhi has 9 court cases on record: 9 filed by the company. 7 are pending.
Akshay Urban Multiple Nidhi was incorporated on 22 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Akshay Urban Multiple Nidhi by revenue are New Charan Kanwal Finance Company Private Limited, Vettri Nidhi Limited, Newways Agencies Private Limited, Sufala Mutual Benefit Nidhi Limited, Way 2 Serve Microfinance Private Limited and 1 more, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Ganesh Manikrao Thore was appointed as Director on 22 Oct 2019. Manoj Bajirao Gatkal was appointed as Director on 22 Oct 2019. Sharada Manoj Gatakal was appointed as Director on 22 Oct 2019.
The registered office of Akshay Urban Multiple Nidhi is at Shop No.830 Pachod Tq Paithan, Aurangabad, Maharashtra, India – 431121.
Akshay Urban Multiple Nidhi operates in the financial services industry, in the other financial intermediation segment.
Akshay Urban Multiple Nidhi can be reached at its registered office: Shop No.830 Pachod Tq Paithan, Aurangabad, Maharashtra, India – 431121.
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