About Gramasuraksha Nidhi Limited
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Gramasuraksha Nidhi Limited is a nidhi company based in Palakkad, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 10 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65900KL2016PLC045720.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr. It is led by directors including Malini Karuvarathodi Bhaskaran and Karuvarathodi Midhun Krishna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No.14/626 14/627 Geethanjali Kavuvattam Cherpulassery, Palakkad, Kerala, India – 679503.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.93 Cr. For the same year it recorded a net profit of ₹17.23 Lakh (net margin 2.2%) and EBITDA of ₹4.9 Cr (EBITDA margin 61.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 42% over five years.
The company is associated with 1 brand: Grama Suraksha Nidhi. As per MCA filings, the company has open charges of ₹34.33 Lakh on record. Court records list 401 cases involving the company, including 401 filed by the company; 289 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gsnlkerala.com.
Company details
Contact details
Gramasuraksha Nidhi Limited's registered office is in Palakkad, Kerala. Its website is gsnlkerala.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No.14/626 14/627 Geethanjali Kavuvattam Cherpulassery, Palakkad, Kerala, India – 679503
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Gramasuraksha 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
Brands
Gramasuraksha Nidhi operates one associated brand: GRAMA SURAKSHA NIDHI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides cooperative asset-backed loans to support financial needs of members. | gsnlkerala.com |
Business activity
The main business activity of Gramasuraksha 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 Gramasuraksha Nidhi Limited, buy the company report.
Financials of Gramasuraksha Nidhi Limited
FY 2025 filings availableGramasuraksha Nidhi Limited reported revenue of ₹7.93 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years. EBITDA rose 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.9 Cr | ||||
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| Net Profit (PAT) | ₹17.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 61.8% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Gramasuraksha Nidhi Limited, buy the company report.
Board of directors of Gramasuraksha Nidhi Limited
Gramasuraksha Nidhi has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malini Karuvarathodi Bhaskaran Also directs: Grama Surakshitham Nidhi Limited | Director | 10 May 2016 | 10 Years 5 Months | Current |
| Karuvarathodi Midhun Krishna Also directs: Grama Surakshitham Nidhi Limited, Firstwin Properties Private Limited, Cherpulassery Chits and Kuries Private Limited and 1 more | Director | 23 Mar 2023 | 3 Years 7 Months | Current |
| Sajeesh Also directs: Grama Surakshitham Nidhi Limited, Firstwin Properties Private Limited, Cherpulassery Chits and Kuries Private Limited and 1 more | Director | 23 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Gramasuraksha Nidhi Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Madurai Hindu Permanent Nidhi Limited | ₹8.31 Cr (FY 2025) | -1.0% | Madurai, Tamil Nadu, India | |||
| Suman Chit Funds Pvt.Ltd. | ₹8 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Gramasuraksha Nidhi Limitedthis company | ₹7.93 Cr (FY 2025) | ₹17.23 Lakh | 2.2% | Palakkad, Kerala, India | ||
| Shrinikhila Chits A.P Private Limited | ₹7.87 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Ibg Echits India Private Limited | ₹7.51 Cr (FY 2024) | 149.0% | Hyderabad, Telangana, India | |||
| DCF Financial Services Private Limited | ₹7.45 Cr (FY 2025) | -15.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Gramasuraksha Nidhi Limited, buy the company report.
Auditor
Gramasuraksha Nidhi Limited is audited by Anil Aryan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil Aryan & Associates | FY 2023 | 014365S |
Shareholding
The shareholding of Gramasuraksha Nidhi Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gramasuraksha Nidhi Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2025 | 101174875 | The South Indian Bank Limited | ₹34.33 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Gramasuraksha Nidhi Limited has 401 court cases on record: 401 filed by Gramasuraksha Nidhi. 289 cases are pending and 112 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 399 | 0 | 287 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 401)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal case | Filed by the company against Leela | Disposed |
| District court, Palakkad, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Gramasuraksha 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 Gramasuraksha 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 Gramasuraksha Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gramasuraksha Nidhi Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Karuvaruthodi Krishnaprasad ceased to be Director on 24 Mar 2023.
Frequently asked questions
Gramasuraksha Nidhi is an active nidhi company based in Palakkad, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 10 May 2016 (10+ years old) and is registered under CIN U65900KL2016PLC045720.
Gramasuraksha Nidhi has 3 current directors:
- Malini Karuvarathodi Bhaskaran - Director
- Karuvarathodi Midhun Krishna - Director
- Sajeesh - Director
The latest financial statements of Gramasuraksha Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Gramasuraksha Nidhi is U65900KL2016PLC045720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gramasuraksha Nidhi has 401 court cases on record: 401 filed by the company. 289 are pending. Most are in the district courts.
Gramasuraksha Nidhi was incorporated on 10 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Gramasuraksha Nidhi by revenue are Madurai Hindu Permanent Nidhi Limited, Suman Chit Funds Pvt.Ltd, Shrinikhila Chits A.P Private Limited, Ibg Echits India Private Limited, DCF Financial Services Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Karuvaruthodi Krishnaprasad ceased to be Director on 24 Mar 2023. Sini ceased to be Managing Director on 24 Mar 2023. Karuvarathodi Midhun Krishna was appointed as Director on 23 Mar 2023. Gramasuraksha Nidhi has 7 board changes on record in total.
Gramasuraksha Nidhi can be reached through the website gsnlkerala.com. Its registered office is in Palakkad, Kerala, India.
The registered office of Gramasuraksha Nidhi is at Door No.14626 14627 Geethanjali Kavuvattam Cherpulassery, Palakkad, Kerala, India – 679503.
Gramasuraksha Nidhi operates in the financial services industry, in the microfinance institutions segment.
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