
Devidas Nidhi Limited
About Devidas Nidhi Limited
Data last updated:
Devidas Nidhi Limited is a nidhi company based in Puttur, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1993PLC014349.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.95 Lakh. It is led by directors including Shridhar Bhat and Puttur Mohandas Bhat.
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 Devikarupa Building Main Roadputtur Karnataka, Karnataka, India – 574201.
As per the financials filed for FY 2017, the company reported a revenue of ₹67,253. For the same year it recorded a net profit of ₹37,305 (net margin 55.5%) and EBITDA of ₹45,855 (EBITDA margin 68.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Devidas Nidhi has one previous CIN (Corporate Identification Number): U65999KA1993PLC014349. The current CIN is U85110KA1993PLC014349, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1993PLC014349 | Current |
| U65999KA1993PLC014349 | Previous |
Contact details
Devidas Nidhi Limited's registered office is in Puttur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDevikarupa Building Main Roadputtur Karnataka, Karnataka, India – 574201
- IndustryFinancial Services, Financial Activities
To see the full contact details of Devidas 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 Devidas 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 |
Financials of Devidas Nidhi Limited
FY 2022 filings availableDevidas Nidhi Limited reported revenue of ₹67,253 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹67,253 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹45,855 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹37,305 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 68.2% | ||
| Net Profit Margin | 55.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Devidas Nidhi Limited, buy the company report.
Board of directors of Devidas Nidhi Limited
Devidas Nidhi has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Bhat | Director | 27 Nov 2012 | 13 Years 11 Months | Current |
| Puttur Mohandas Bhat | Director | 21 May 1993 | 33 Years 5 Months | Current |
| Puttur Vasudeva Bhat | Director | 21 May 1993 | 33 Years 5 Months | Current |
Auditor
Devidas Nidhi Limited is audited by Vishnu Daya & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishnu Daya & Co | FY 2017 | 008456S |
Shareholding
The shareholding of Devidas Nidhi Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devidas Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devidas 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 Devidas 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 Devidas Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devidas Nidhi Limited has 4 board changes on record since 1993: 3 appointments and 1 cessation. The latest: Ramanada Bhat ceased to be Director on 27 Nov 2012.
Frequently asked questions
Devidas Nidhi is an active nidhi company based in Puttur, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 May 1993 (33+ years old) and is registered under CIN U85110KA1993PLC014349.
Devidas Nidhi has 3 current directors:
- Shridhar Bhat - Director
- Puttur Mohandas Bhat - Director
- Puttur Vasudeva Bhat - Director
The latest financial statements of Devidas 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Devidas Nidhi is U85110KA1993PLC014349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devidas Nidhi was incorporated on 21 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramanada Bhat ceased to be Director on 27 Nov 2012. Shridhar Bhat was appointed as Director on 27 Nov 2012. Puttur Mohandas Bhat was appointed as Director on 21 May 1993. Devidas Nidhi has 4 board changes on record in total.
The registered office of Devidas Nidhi is at Devikarupa Building Main Roadputtur Karnataka, Karnataka, India – 574201.
Devidas Nidhi operates in the financial services industry, in the financial activities segment.
The compliance status of Devidas Nidhi is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
Devidas Nidhi can be reached at its registered office: Devikarupa Building Main Roadputtur Karnataka, Karnataka, India – 574201.

