About Ashritha
Ashritha is a Financial Services company based in Mumbai (India) by Manoj Gawas. It offers comprehensive solutions for diversified consumer loan services to members. It operates on a B2C model. The company has 1 employees. Its Indian entity Ashritha Nidhi Limited reported revenue of ₹10.9 Lakh. Its focus areas include Banking, Consumer Lending and Loan Services. Its competitors include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
Company details
Ashritha offers comprehensive solutions for diversified consumer loan services to members through offering financial products and advice, banking, consumer lending, and loan services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Employees 1
- Founders Manoj Gawas
- SectorsFinancial Services
- Website ashrithanidhi.in
- Legal Name Ashritha Nidhi Limited
- Date of Incorporation 15 Jul, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹10.9 Lakh
FY 2025 · -24% YoY
- Net Profit₹23,000
FY 2025 · 2% margin
- EBITDA₹7 Lakh
FY 2025 · 64% margin
- Employee Count1
Associated legal entities of Ashritha
Ashritha operates through Ashritha Nidhi Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ashritha Nidhi Limited CIN U65999MH2020PLN341975 | Active | 15 Jul 2020 | Mumbai, Maharashtra | ₹0.1 Cr | 3 | View details |
Board of directors of Ashritha Nidhi Limited (Ashritha)
Ashritha Nidhi Limited is the primary company behind Ashritha. The board of Ashritha Nidhi Limited currently have 3 directors; the longest-serving is Mahesh Bhikaji Gawas, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Bhikaji Gawas DIN 08794680 | Director | 15 Jul 2020 | 6 yrs 4 mo | Ashritha Nidhi Limited |
| Anant Ramchandra Bhuwad DIN 08794679 | Director | 15 Jul 2020 | 6 yrs 4 mo | Ashritha Nidhi Limited |
| Pradeep Narayan Bhogle DIN 08794681 | Director | 15 Jul 2020 | 6 yrs 4 mo | Ashritha Nidhi Limited |
People of Ashritha
1 people are tracked at Ashritha (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Manoj Gawas | Founder, Chairman | Leadership |
Complete people profiles for Ashritha
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Financials of Ashritha
Figures of Ashritha Nidhi Limited, the primary company behind Ashritha, for FY 2025. Revenue was ₹10.9 Lakh (-24% year on year). Net profit was ₹23,000 (2% margin). EBITDA was ₹7 Lakh (64% margin). Revenue has grown at a compounded annual rate of -7% over three years.
- ₹10.9 LakhRevenue · FY 2025 · -24% YoY
- ₹23,000Net profit · 2% margin
- ₹7 LakhEBITDA · 64% margin
- ₹5.5 LakhPaid-up capital
- -7%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ashritha Nidhi Limited are on its company page.
Detailed financial statements for Ashritha
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Competitors of Ashritha
Ashritha has 3 listed competitors in our database. They include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| margadarsi.com | 1962 | Hyderabad, India | 737 | Functions as a cooperative lending company providing financial services. | ||
| kannattu.com | 1986 | Chengannur, India | 112 | Offers gold loans, insurance, travel services, and money transfer in India. | ||
| sayanidhi.com | 2018 | Jaipur, India | Financial company providing deposits, loans, saving accounts, and schemes for members in India. |
Detailed competitors of Ashritha
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- Full competitor set
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Ashritha (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Frequently Asked Questions about Ashritha
Ashritha is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ashritha has 1 employees.
The primary company behind Ashritha, Ashritha Nidhi Limited, reported revenue of ₹10.9 Lakh for FY 2025, down 24% year on year.
Ashritha offers comprehensive solutions for diversified consumer loan services to members through offering financial products and advice, banking, consumer lending, and loan services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Ashritha's top competitors include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
Ashritha operates through Ashritha Nidhi Limited.
The legal entities of Ashritha currently have 3 directors, including Mahesh Bhikaji Gawas, Anant Ramchandra Bhuwad, Pradeep Narayan Bhogle.