About Gravity Ventures Nidhi Limited
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Gravity Ventures Nidhi Limited is a nidhi company based in Nagercoil, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65990TN2019PLN133163.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nikhil Ramabhadran Nair and Kamaraj Shivaraj.
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 Barnabas Rysy.No:F9/65/1 Parama Street, Nagercoil, Tamil Nadu, India – 629001.
As per the financials filed for FY 2022, the company reported a revenue of ₹77.96 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹43.6 Lakh (net margin -55.9%) and EBITDA of ₹12.21 Lakh (EBITDA margin 15.7%).
For more details, the company can be reached via its website gravitynidhi.com.
Company details
Contact details
Gravity Ventures Nidhi Limited's registered office is in Nagercoil, Tamil Nadu. Its website is gravitynidhi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBarnabas Rysy.No:F9/65/1 Parama Street, Nagercoil, Tamil Nadu, India – 629001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Gravity Ventures 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 Gravity Ventures 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 Gravity Ventures Nidhi Limited, buy the company report.
Financials of Gravity Ventures Nidhi Limited
FY 2022 filings availableGravity Ventures Nidhi Limited reported revenue of ₹77.96 Lakh (down 10% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year. EBITDA fell 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.21 Lakh | ||
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| Net Profit (PAT) | -₹43.6 Lakh | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||
| EBITDA Margin | 15.7% | ||
| Net Profit Margin | -55.9% | ||
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To see the full financial statements and ratios of Gravity Ventures Nidhi Limited, buy the company report.
Board of directors of Gravity Ventures Nidhi Limited
Gravity Ventures Nidhi has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Ramabhadran Nair Also directs: GNXT Marketing Private Limited, Gravians Association | Director | 25 Nov 2022 | 3 Years 11 Months | Current |
| Kamaraj Shivaraj | Director | 25 Nov 2022 | 3 Years 11 Months | Current |
| Kumaraswamy Sakuntala Biju Also directs: Navigant Producer Company Limited, Nanchil Home Applicances Private Limited, GNXT Marketing Private Limited and 1 more | Director | 13 Dec 2019 | 6 Years 11 Months | Current |
Auditor
Gravity Ventures Nidhi Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARLES & CHANDRASEKAR | FY 2020 | 005759S |
Shareholding
The shareholding of Gravity Ventures Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gravity Ventures Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gravity Ventures 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 Gravity Ventures 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 Gravity Ventures Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gravity Ventures Nidhi Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Kamaraj Shivaraj was appointed as Director on 25 Nov 2022.
Frequently asked questions
Gravity Ventures Nidhi is an active nidhi company based in Nagercoil, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 13 December 2019 (7+ years old) and is registered under CIN U65990TN2019PLN133163.
Gravity Ventures Nidhi has 3 current directors:
- Nikhil Ramabhadran Nair - Director
- Kamaraj Shivaraj - Director
- Kumaraswamy Sakuntala Biju - Director
The latest financial statements of Gravity Ventures 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Gravity Ventures Nidhi is U65990TN2019PLN133163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gravity Ventures Nidhi was incorporated on 13 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Kamaraj Shivaraj was appointed as Director on 25 Nov 2022. Monikandan Kolappan ceased to be Director on 25 Nov 2022. Nikhil Ramabhadran Nair was appointed as Director on 25 Nov 2022. Gravity Ventures Nidhi has 5 board changes on record in total.
Gravity Ventures Nidhi can be reached through the website gravitynidhi.com. Its registered office is in Nagercoil, Tamil Nadu, India.
The registered office of Gravity Ventures Nidhi is at Barnabas Rysy.No:F9651 Parama Street, Nagercoil, Tamil Nadu, India – 629001.
Gravity Ventures Nidhi operates in the financial services industry, in the diversified financial services segment.
Gravity Ventures Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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