Arthvel Multiple Nidhi Limited
About Arthvel Multiple Nidhi Limited
Data last updated:
Arthvel Multiple Nidhi Limited is a nidhi company based in Ambajogai, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 13 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65990MH2018PLC316992.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mangesh Shashikumar Balutkar and Hemant Madhukarrao Raut.
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 H. No.2 – 308 Kuttarvihir, Ambajogai, Maharashtra, India – 431517.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.04 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹52,503 (net margin 4.4%) and EBITDA of ₹6.6 Lakh (EBITDA margin 54.8%).
Court records list 14 cases involving the company, including 14 filed by the company; 14 cases are pending.
Company details
Contact details
Arthvel Multiple Nidhi Limited's registered office is in Ambajogai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressH. No.2 – 308 Kuttarvihir, Ambajogai, Maharashtra, India – 431517
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Arthvel 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 Arthvel 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 Arthvel Multiple Nidhi Limited, buy the company report.
Financials of Arthvel Multiple Nidhi Limited
FY 2021 filings availableArthvel Multiple Nidhi Limited reported revenue of ₹12.04 Lakh (down 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA rose 62% 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 | ₹6.6 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹52,503 | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 54.8% | ||
| Net Profit Margin | 4.4% | ||
| 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 Arthvel Multiple Nidhi Limited, buy the company report.
Board of directors of Arthvel Multiple Nidhi Limited
Arthvel Multiple Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangesh Shashikumar Balutkar | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Hemant Madhukarrao Raut | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Subodh Bhagwat Shinde | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Arthvel Multiple 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahalakshmi Financial Services Private Limited | ₹12.05 Lakh (FY 2018) | -11.0% | Hosur, Tamil Nadu, India | |||
| Pec Potentiometers Private Limited | ₹12.05 Lakh (FY 2025) | 14.0% | Hyderabad, Telangana, India | |||
| RLR Saptapadi Chits Private Limited | ₹12.05 Lakh (FY 2024) | -30.0% | Hyderabad, Telangana, India | |||
| Self-Reliant Advisors Private Limited | ₹12.04 Lakh (FY 2024) | 32.0% | Nagpur, Maharashtra, India | |||
| Commercia Financial Services Private Limited | ₹12.04 Lakh (FY 2024) | 455.0% | Raipur, Chhattisgarh, India | |||
| Arthvel Multiple Nidhi Limitedthis company | ₹12.04 Lakh (FY 2021) | ₹52,503 | 4.4% | -4.0% | Ambajogai, Maharashtra, India | |
| Kumbazha Sivasankara Pillai Chit Private Limited | ₹12.04 Lakh (FY 2024) | 12.0% | Quilion, Kerala, India | |||
| Wealth Gain Solution Private Limited | ₹12.04 Lakh (FY 2024) | -58.0% | Delhi, India | |||
| Gurudeva Samgamam Chits Private Limited | ₹12.04 Lakh (FY 2025) | -32.0% | Thissur, Kerala, India | |||
| Rayal Brokers India Private Limited | ₹12.04 Lakh (FY 2025) | -97.0% | Chennai, Tamil Nadu, India | |||
| Kailash Impex Pvt Ltd | ₹12.04 Lakh (FY 2024) | Kolkata, West Bengal, India |
To see the full peer comparison of Arthvel Multiple Nidhi Limited, buy the company report.
Legal cases
Arthvel Multiple Nidhi Limited has 14 court cases on record: 14 filed by Arthvel Multiple Nidhi. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 14 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Arthvel 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 Arthvel 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 Arthvel Multiple Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Arthvel Multiple Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Hemant Madhukarrao Raut was appointed as Director on 13 Nov 2018.
Frequently asked questions
Arthvel Multiple Nidhi is an active nidhi company based in Ambajogai, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 13 November 2018 (8+ years old) and is registered under CIN U65990MH2018PLC316992.
Arthvel Multiple Nidhi has 3 current directors:
- Mangesh Shashikumar Balutkar - Director
- Hemant Madhukarrao Raut - Director
- Subodh Bhagwat Shinde - Director
The latest financial statements of Arthvel Multiple 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 Arthvel Multiple Nidhi is U65990MH2018PLC316992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arthvel Multiple Nidhi has 14 court cases on record: 14 filed by the company. 14 are pending.
Arthvel Multiple Nidhi was incorporated on 13 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Arthvel Multiple Nidhi by revenue are Mahalakshmi Financial Services Private Limited, Pec Potentiometers Private Limited, RLR Saptapadi Chits Private Limited, Self-Reliant Advisors Private Limited, Commercia Financial Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Hemant Madhukarrao Raut was appointed as Director on 13 Nov 2018. Mangesh Shashikumar Balutkar was appointed as Director on 13 Nov 2018. Subodh Bhagwat Shinde was appointed as Director on 13 Nov 2018.
The registered office of Arthvel Multiple Nidhi is at H. No.2 – 308 Kuttarvihir, Ambajogai, Maharashtra, India – 431517.
Arthvel Multiple Nidhi operates in the financial services industry, in the other financial intermediation segment.
Arthvel Multiple Nidhi can be reached at its registered office: H. No.2 – 308 Kuttarvihir, Ambajogai, Maharashtra, India – 431517.