About Fatak Nidhi Limited
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Fatak Nidhi Limited is a nidhi company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2018PLC310405. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jayshree Ramesh Patel and Ramesh Patel Ratanshi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Orm B Wing Co – Op Premises S Ltd Lower Level – 1 Unit No.3 Royal Palms Goregaon E, Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2020, the company reported a revenue of ₹24,930. For the same year it recorded a net loss of ₹4.82 Lakh and EBITDA of -₹4.82 Lakh.
For more details, the company can be reached via its website fatakretail.com.
Company details
Contact details
Fatak Nidhi Limited's registered office is in Mumbai, Maharashtra. Its website is fatakretail.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOrm B Wing Co – Op Premises S Ltd Lower Level – 1 Unit No.3 Royal Palms Goregaon E, Mumbai, Maharashtra, India – 400065
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Fatak 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 Fatak 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 Fatak Nidhi Limited
FY 2020 filings availableFatak Nidhi Limited reported revenue of ₹24,930 for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹24,930 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.82 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.82 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
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| 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 | ||
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| 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 Fatak Nidhi Limited, buy the company report.
Board of directors of Fatak Nidhi Limited
Fatak Nidhi has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayshree Ramesh Patel Also directs: Elite Global Products Limited, Bandra Kurla Complex Merchants Association, Fatak Retail Limited and 1 more | Director | 06 Jun 2018 | 8 Years 5 Months | Current |
| Menka Dipesh Patel | Additional Director | 31 Jul 2018 | 8 Years 3 Months | Current |
| Ramesh Patel Ratanshi Also directs: Elite Global Products Limited, Bandra Kurla Complex Merchants Association, Fatak Retail Limited and 1 more | Director | 06 Jun 2018 | 8 Years 5 Months | Current |
| Mukesh Jayantilal Pabari Also directs: Bandra Kurla Complex Merchants Association | Director | 06 Jun 2018 | 8 Years 5 Months | Current |
Peer comparison
Fatak Nidhi Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| JMJ Plus Finserv Private Limited | ₹25,000 (FY 2025) | -29.0% | Thrissur, Kerala, India | |||
| Blue Mountain Chits Private Limited | ₹25,000 (FY 2022) | -98.0% | Chennai, Tamil Nadu, India | |||
| Sethi Oil Field & Services Private Limited | ₹24,973 (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Fatak Nidhi Limitedthis company | ₹24,930 (FY 2020) | -₹4.82 Lakh | Mumbai, Maharashtra, India | |||
| Sahajraasta Nidhi Limited | ₹24,667 (FY 2021) | Maheshtala, West Bengal, India |
To see the full peer comparison of Fatak Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fatak 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 Fatak Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fatak 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 Fatak Nidhi Limited, buy the company report.
Recent activity
Fatak Nidhi Limited has 4 board changes on record since 2018: 4 appointments. The latest: Menka Dipesh Patel was appointed as Additional Director on 31 Jul 2018.
Frequently asked questions
Fatak Nidhi is an active nidhi company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 June 2018 (8+ years old) and is registered under CIN U65999MH2018PLC310405.
Fatak Nidhi has 4 current directors:
- Jayshree Ramesh Patel - Director
- Menka Dipesh Patel - Additional Director
- Ramesh Patel Ratanshi - Director
- Mukesh Jayantilal Pabari - Director
The latest financial statements of Fatak Nidhi on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Fatak Nidhi has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fatak Nidhi is U65999MH2018PLC310405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fatak Nidhi was incorporated on 06 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fatak Nidhi by revenue are JMJ Plus Finserv Private Limited, Blue Mountain Chits Private Limited, Sethi Oil Field & Services Private Limited, Sahajraasta Nidhi Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Menka Dipesh Patel was appointed as Additional Director on 31 Jul 2018. Jayshree Ramesh Patel was appointed as Director on 06 Jun 2018. Mukesh Jayantilal Pabari was appointed as Director on 06 Jun 2018. Fatak Nidhi has 4 board changes on record in total.
Fatak Nidhi can be reached through the website fatakretail.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fatak Nidhi is at Orm B Wing Co – Op Premises S Ltd Lower Level – 1 Unit No.3 Royal Palms Goregaon E, Mumbai, Maharashtra, India – 400065.
Fatak Nidhi operates in the financial services industry, in the diversified financial services segment.
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