Calicut Nidhi Limited
About Calicut Nidhi Limited
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Calicut Nidhi Limited is a nidhi company based in Kozhikode, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 20 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2017PLC050797. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹25.26 Lakh. It is led by directors including Pradeep Thunnary and Virunnu Kandy Jayan.
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 9/802 Starnet Arcade Complex Atholi Post Athani, Kozhikode, Kerala, India – 673315.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.44 Lakh, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹33,590 (net margin -0.4%) and EBITDA of ₹54 Lakh (EBITDA margin 59.1%). Revenue has grown at a compounded annual rate (CAGR) of 273% over three years and 302% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Calicut Nidhi Limited's registered office is in Kozhikode, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address9/802 Starnet Arcade Complex Atholi Post Athani, Kozhikode, Kerala, India – 673315
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Calicut 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 Calicut 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 Calicut Nidhi Limited, buy the company report.
Financials of Calicut Nidhi Limited
FY 2024 filings availableCalicut Nidhi Limited reported revenue of ₹91.44 Lakh (up 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 302% over five years, including 57% growth in the latest year. EBITDA rose 71% 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 | ₹54 Lakh | ||||
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| Net Profit (PAT) | -₹33,590 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 59.1% | ||||
| Net Profit Margin | -0.4% | ||||
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To see the full financial statements and ratios of Calicut Nidhi Limited, buy the company report.
Board of directors of Calicut Nidhi Limited
Calicut Nidhi has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Thunnary | Director | 02 Feb 2018 | 8 Years 9 Months | Current |
| Virunnu Kandy Jayan Also directs: Panniyankara Nidhi Limited | Director | 01 Mar 2022 | 4 Years 8 Months | Current |
| Premjithlal Korappamkandy Also directs: Process Accountants and Tax Professionals LLP | Director | 20 Oct 2017 | 9 Years 0 Months | Current |
| Arayam Kulangara Lineesh | Director | 20 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Calicut 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 |
|---|---|---|---|---|---|---|
| Samadhan Microcredit Private Limited | ₹92.47 Lakh (FY 2024) | Nandganj, Uttar Pradesh, India | ||||
| S.K.G Chits Private Limited | ₹91.96 Lakh (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| Sahyog Megachits Private Limited | ₹91.91 Lakh (FY 2024) | 18.0% | Kundli, Haryana, India | |||
| Calicut Nidhi Limitedthis company | ₹91.44 Lakh (FY 2024) | -₹33,590 | -0.4% | 57.0% | Kozhikode, Kerala, India | |
| Pratyaksha Chits Private Limited | ₹91.33 Lakh (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Shree Hazoor Sahib Chits Private Limited | ₹90.99 Lakh (FY 2025) | -3.0% | Delhi, India | |||
| Jwalaji Chit Fund Private Limited | ₹90.46 Lakh (FY 2025) | 2.0% | Haryana, India | |||
| R K Rudra Chit Fund Private Limited | ₹90.43 Lakh (FY 2025) | 15.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Calicut Nidhi Limited, buy the company report.
Auditor
Calicut Nidhi Limited is audited by ANJUSHA SAVEESH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJUSHA SAVEESH & CO | FY 2019 | 016862S |
Shareholding
The shareholding of Calicut Nidhi Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Calicut Nidhi Limited, buy the company report.
Legal cases
Calicut Nidhi Limited has 4 court cases on record: 4 filed by Calicut Nidhi. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against Union of India and 4 others | Disposed |
To see the full case history of Calicut 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 Calicut Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Calicut Nidhi has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Calicut Nidhi Limited, buy the company report.
Recent activity
Calicut Nidhi Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Baiju Kuttiyil ceased to be Director on 01 Mar 2022.
Frequently asked questions
Calicut Nidhi is an active nidhi company based in Kozhikode, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 20 October 2017 (9+ years old) and is registered under CIN U65929KL2017PLC050797.
Calicut Nidhi has 4 current directors:
- Pradeep Thunnary - Director
- Virunnu Kandy Jayan - Director
- Premjithlal Korappamkandy - Director
- Arayam Kulangara Lineesh - Director
The latest financial statements of Calicut 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 2018 are in the company report.
No. Calicut Nidhi has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Calicut Nidhi is U65929KL2017PLC050797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Calicut Nidhi has 4 court cases on record: 4 filed by the company. 3 are pending. Most are in the district courts.
Calicut Nidhi was incorporated on 20 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Calicut Nidhi by revenue are Samadhan Microcredit Private Limited, S.K.G Chits Private Limited, Sahyog Megachits Private Limited, Pratyaksha Chits Private Limited, Shree Hazoor Sahib Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Baiju Kuttiyil ceased to be Director on 01 Mar 2022. Virunnu Kandy Jayan was appointed as Director on 01 Mar 2022. Nalukandathil Prasija ceased to be Director on 21 Sep 2021. Calicut Nidhi has 6 board changes on record in total.
The registered office of Calicut Nidhi is at 9802 Starnet Arcade Complex Atholi Post Athani, Kozhikode, Kerala, India – 673315.
Calicut Nidhi operates in the financial services industry, in the microfinance institutions segment.
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