GR Durai Nidhi Limited
About GR Durai Nidhi Limited
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GR Durai Nidhi Limited is a nidhi company based in Mumbai, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 27 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65929MH2017PLC291668.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Thangamani Duraipandi (Managing Director) and Vanitha Thangamani.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹16,840 (net margin -12.2%) and EBITDA of ₹70,064 (EBITDA margin 50.9%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
GR Durai Nidhi Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 309 Floor – 3 C – Wing Shree Siddhivinayak Chs Sant Kakkaya Marg Balaji Nagar 90 Feet, Road, Mumbai, Maharashtra, India – 400017
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of GR Durai 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 GR Durai Nidhi is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of GR Durai Nidhi Limited, buy the company report.
Financials of GR Durai Nidhi Limited
FY 2020 filings availableGR Durai Nidhi Limited reported revenue of ₹1.38 Lakh (up 383% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 383% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.38 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹70,064 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16,840 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 50.9% | |||
| Net Profit Margin | -12.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Revenue Growth | ||||
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To see the full financial statements and ratios of GR Durai Nidhi Limited, buy the company report.
Board of directors of GR Durai Nidhi Limited
GR Durai Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanitha Thangamani | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Thangamani Duraipandi | Managing Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Rajesh Panikar | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
Peer comparison
GR Durai Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aravali Micro Finance | ₹1.47 Lakh (FY 2025) | -50.0% | Jaipur, Rajasthan, India | |||
| Akhand Nidhi Limited | ₹1.43 Lakh (FY 2017) | Jaunpur, Uttar Pradesh, India | ||||
| Jansaathi Micro Credit Private Limited | ₹1.4 Lakh (FY 2021) | 86.0% | Gopiganj, Uttar Pradesh, India | |||
| SS Fortune Nidhi Limited | ₹1.39 Lakh (FY 2022) | Jaipur, Rajasthan, India | ||||
| Mnature Future India Nidhi Limited | ₹1.38 Lakh (FY 2022) | 67.0% | Mandsaur, Madhya Pradesh, India | |||
| GR Durai Nidhi Limitedthis company | ₹1.38 Lakh (FY 2020) | -₹16,840 | -12.2% | 383.0% | Mumbai, Maharashtra, India | |
| Sudhar Microfinance Federation | ₹1.37 Lakh (FY 2025) | -19.0% | Gorakhpur, Uttar Pradesh, India | |||
| Aja Gairsudi Kari Nizam Nidhi Limited | ₹1.34 Lakh (FY 2024) | 27.0% | Budaun, Uttar Pradesh, India | |||
| Unipulse Mutual Benefits India Limited | ₹1.34 Lakh (FY 2017) | -79.0% | Kanpur Nagar, Uttar Pradesh, India | |||
| Ride Covenant Private Limited | ₹1.33 Lakh (FY 2022) | Gurugram, Haryana, India | ||||
| Era Nidhi Limited | ₹1.32 Lakh (FY 2016) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of GR Durai Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving GR Durai 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 GR Durai 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 GR Durai Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GR Durai Nidhi Limited has 3 board changes on record since 2017: 3 appointments. The latest: Rajesh Panikar was appointed as Director on 27 Feb 2017.
Frequently asked questions
GR Durai Nidhi is an active nidhi company based in Mumbai, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 27 February 2017 (9+ years old) and is registered under CIN U65929MH2017PLC291668.
GR Durai Nidhi has 3 current directors:
- Thangamani Duraipandi - Managing Director
- Vanitha Thangamani - Director
- Rajesh Panikar - Director
The latest financial statements of GR Durai Nidhi on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of GR Durai Nidhi is U65929MH2017PLC291668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GR Durai Nidhi was incorporated on 27 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of GR Durai Nidhi by revenue are Aravali Micro Finance, Akhand Nidhi Limited, Jansaathi Micro Credit Private Limited, SS Fortune Nidhi Limited, Mnature Future India Nidhi Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Rajesh Panikar was appointed as Director on 27 Feb 2017. Thangamani Duraipandi was appointed as Managing Director on 27 Feb 2017. Vanitha Thangamani was appointed as Director on 27 Feb 2017.
The registered office of GR Durai Nidhi is at C – 309 Floor – 3 C – Wing Shree Siddhivinayak Chs Sant Kakkaya Marg Balaji Nagar 90 Feet, Road, Mumbai, Maharashtra, India – 400017.
GR Durai Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of GR Durai Nidhi is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.
GR Durai Nidhi can be reached at its registered office: C – 309 Floor – 3 C – Wing Shree Siddhivinayak Chs Sant Kakkaya Marg Balaji Nagar 90 Feet, Road, Mumbai, Maharashtra, India – 400017.