About Easyneeds Nidhi Limited
Data last updated:
Easyneeds Nidhi Limited was a nidhi company based in Gautam Budh Nagar, Uttar Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 12 February 2016.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U65991UP2016PLC076469.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹15 Lakh. It was led by directors including Mahesh Chand Sharma and Sanjeev Kumar.
Its last annual general meeting (AGM) was held on 12 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Gautam Budh Nagar, Uttar Pradesh.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.02 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹15.01 Lakh and EBITDA of -₹15.03 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The last known website on record is easyneedsnidhiltd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No. – 1 1st Floor Sharma Complex Opposite Arya Samaj Mandir Surajpur Gre, Ater Noida, Gautam Budh Nagar, Uttar Pradesh, India – 201306
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Easyneeds Nidhi Limited
The main business activity of Easyneeds Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Easyneeds Nidhi Limited
Easyneeds Nidhi Limited is audited by SANDEEP GOYAL & COMPANY for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANDEEP GOYAL & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Easyneeds Nidhi Limited
Easyneeds Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Chand Sharma Also directs: Shreeram Bizventures India Private Limited | Director | 12 Feb 2016 | 10 Years 7 Months | As last reported |
| Sanjeev Kumar | Director | 12 Feb 2016 | 10 Years 7 Months | As last reported |
| Sanjay Rajvanshi | Director | 12 Feb 2016 | 10 Years 7 Months | As last reported |
Financials of Easyneeds Nidhi Limited FY 2020 filings available
Easyneeds Nidhi Limited reported revenue of ₹1.02 Lakh (down 88% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Easyneeds Nidhi Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 88% fall 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 of Easyneeds Nidhi Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹15.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹15.01 Lakh | •••• | •••• | •••• | •••• |
| 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 of Easyneeds Nidhi Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Easyneeds Nidhi are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Easyneeds Nidhi Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Easyneeds Nidhi Limited
Easyneeds Nidhi Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Easyneeds Nidhi Limited
Employment history and EPFO contributions of people linked to Easyneeds Nidhi.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Easyneeds Nidhi Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Easyneeds Nidhi Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Easyneeds Nidhi Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Easyneeds Nidhi Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Easyneeds Nidhi Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Easyneeds Nidhi Limited
Frequently Asked Questions about Easyneeds Nidhi Limited
Easyneeds Nidhi has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Easyneeds Nidhi was a nidhi company based in Gautam Budh Nagar, Uttar Pradesh, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 12 February 2016 and is registered under CIN U65991UP2016PLC076469. The company has been struck off by the Registrar of Companies and is no longer operational.
Easyneeds Nidhi had 3 directors:
- Mahesh Chand Sharma - Director
- Sanjeev Kumar - Director
- Sanjay Rajvanshi - Director
The CIN (Corporate Identification Number) of Easyneeds Nidhi is U65991UP2016PLC076469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Easyneeds Nidhi is at Shop No. – 1 1st Floor Sharma Complex Opposite Arya Samaj Mandir Surajpur Gre, Ater Noida, Gautam Budh Nagar, Uttar Pradesh, India – 201306.
Easyneeds Nidhi was incorporated on 12 February 2016. It is registered with the Registrar of Companies, Kanpur.
Easyneeds Nidhi can be reached through the website easyneedsnidhiltd.com. Its registered office is in Gautam Budh Nagar, Uttar Pradesh, India.
Easyneeds Nidhi reported revenue of ₹1.02 Lakh for FY 2020 (down 88% YoY).
Easyneeds Nidhi has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹15 Lakh.