Idc Nidhi Limited
About Idc Nidhi Limited
Data last updated:
Idc Nidhi Limited is a nidhi company based in Thamarassery, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2019PLC056469.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.04 Lakh. It is led by directors including Anu Thomas and Nijesh Aravind Thapassia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No. Tp 7/847 First Floor K.C. Tower, Thamarassery, Kerala, India – 673573.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.91 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹22,700 (net margin 1.2%) and EBITDA of ₹7.51 Lakh (EBITDA margin 39.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Court records list 12 cases involving the company, including 12 filed by the company; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Idc Nidhi Limited's registered office is in Thamarassery, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. Tp 7/847 First Floor K.C. Tower, Thamarassery, Kerala, India – 673573
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Idc 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 Idc 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 Idc Nidhi Limited, buy the company report.
Financials of Idc Nidhi Limited
FY 2024 filings availableIdc Nidhi Limited reported revenue of ₹18.91 Lakh (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 46% fall in the latest year. EBITDA fell 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.51 Lakh | ||||
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| Net Profit (PAT) | ₹22,700 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.7% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Idc Nidhi Limited, buy the company report.
Board of directors of Idc Nidhi Limited
Idc Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anu Thomas Also directs: Idc Gramin Nidhi Limited, Kerala Integrated Development Foundation | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Nijesh Aravind Thapassia | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Karinpilotkunda Muhammed Haneefa Also directs: North Malabar Farmers Producer Company Limited | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Idc Nidhi Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Entrepreneur Motivate Nidhi Limited | ₹19.15 Lakh (FY 2024) | -18.0% | Palakkad, Kerala, India | |||
| Anaimalais Chits Pollachi Private Limited | ₹19.12 Lakh (FY 2021) | -30.0% | Pollachi, Tamil Nadu, India | |||
| Sree Hanumantharaya Chits Private Limited | ₹19.07 Lakh (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Awadh Mudra Nidhi Limited | ₹18.94 Lakh (FY 2021) | -25.0% | Bahraich, Uttar Pradesh, India | |||
| Idc Nidhi Limitedthis company | ₹18.91 Lakh (FY 2024) | ₹22,700 | 1.2% | -46.0% | Thamarassery, Kerala, India | |
| Sree Padam Chits Private Limited | ₹18.91 Lakh (FY 2024) | 5.0% | Palakkad, Kerala, India | |||
| Malaikkottai-Sterling Chits Private Limited | ₹18.9 Lakh (FY 2024) | 2.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Merchants Welfare Kuries Private Limited | ₹18.89 Lakh (FY 2025) | Thrissur, Kerala, India | ||||
| Chandrayan Kuries Private Limited | ₹18.68 Lakh (FY 2021) | -32.0% | Irinjalakuda, Kerala, India |
To see the full peer comparison of Idc Nidhi Limited, buy the company report.
Auditor
Idc Nidhi Limited is audited by MATHEW & THANKACHAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MATHEW & THANKACHAN | FY 2020 | 002024S |
Shareholding
The shareholding of Idc 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 Idc Nidhi Limited, buy the company report.
Legal cases
Idc Nidhi Limited has 12 court cases on record: 12 filed by Idc Nidhi. 8 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 8 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Idc 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 Idc 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 Idc Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Idc Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Anu Thomas was appointed as Director on 24 Jan 2019.
Frequently asked questions
Idc Nidhi is an active nidhi company based in Thamarassery, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 January 2019 (7+ years old) and is registered under CIN U65999KL2019PLC056469.
Idc Nidhi has 3 current directors:
- Anu Thomas - Director
- Nijesh Aravind Thapassia - Director
- Karinpilotkunda Muhammed Haneefa - Director
The latest financial statements of Idc Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Idc Nidhi is U65999KL2019PLC056469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idc Nidhi has 12 court cases on record: 12 filed by the company. 8 are pending.
Idc Nidhi was incorporated on 24 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Idc Nidhi by revenue are Entrepreneur Motivate Nidhi Limited, Anaimalais Chits Pollachi Private Limited, Sree Hanumantharaya Chits Private Limited, Awadh Mudra Nidhi Limited, Sree Padam Chits Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Anu Thomas was appointed as Director on 24 Jan 2019. Karinpilotkunda Muhammed Haneefa was appointed as Director on 24 Jan 2019. Nijesh Aravind Thapassia was appointed as Director on 24 Jan 2019.
The registered office of Idc Nidhi is at Door No. Tp 7847 First Floor K.C. Tower, Thamarassery, Kerala, India – 673573.
Idc Nidhi operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Idc Nidhi is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
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