Kodish Nidhi Limited
About Kodish Nidhi Limited
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Kodish Nidhi Limited is a nidhi company based in Kozhikode, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 25 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2017PLC050504.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹34.36 Lakh. It is led by directors including Abdullakutty (Managing Director) and Sivasankaran.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Building No:13/155 – I Cc Complex First Floor Cheruvannur Feroke Po, Kozhikode, Kerala, India – 673631.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.28 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.19 Lakh (net margin -163.7%) and EBITDA of -₹12.39 Lakh (EBITDA margin -133.5%).
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 44 cases involving the company, including 44 filed against it; 21 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kodish Nidhi Limited's registered office is in Kozhikode, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressBuilding No:13/155 – I Cc Complex First Floor Cheruvannur Feroke Po, Kozhikode, Kerala, India – 673631
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Kodish 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 Kodish 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 Kodish Nidhi Limited, buy the company report.
Financials of Kodish Nidhi Limited
FY 2019 filings availableKodish Nidhi Limited reported revenue of ₹9.28 Lakh (up 12623% YoY) for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹9.28 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹12.39 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹15.19 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 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -133.5% | |
| Net Profit Margin | -163.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| 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 Kodish Nidhi Limited, buy the company report.
Board of directors of Kodish Nidhi Limited
Kodish Nidhi has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivasankaran | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Sudheerbabu Parakkal | Director | 15 Jun 2020 | 6 Years 4 Months | Current |
| Abdullakutty Also directs: Absasa Kuries Private Limited | Managing Director | 25 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Kodish 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 |
|---|---|---|---|---|---|---|
| Maxvalue Chits Private Limited | ₹9.42 Lakh (FY 2025) | -11.0% | Thrissur, Kerala, India | |||
| Whiteflower Chits Private Limited | ₹9.37 Lakh (FY 2023) | -19.0% | Thrissur, Kerala, India | |||
| Boby Chemmanur (No.1) Chits Private Limited | ₹9.34 Lakh (FY 2025) | -24.0% | Thrissur, Kerala, India | |||
| Kodish Nidhi Limitedthis company | ₹9.28 Lakh (FY 2019) | -₹15.19 Lakh | -163.7% | 12623.0% | Kozhikode, Kerala, India | |
| Lakshmiganapathi Chits Private Limited | ₹9.27 Lakh (FY 2022) | -70.0% | Suryapet, Telangana, India | |||
| Karunagappally Nidhi Limited | ₹9.26 Lakh (FY 2023) | Karunagappally, Kerala, India | ||||
| K M L M Chits India Limited | ₹9.22 Lakh (FY 2023) | -33.0% | Kochi, Kerala, India | |||
| Pragathi Chits (Nalgonda) Private Limited | ₹9.15 Lakh (FY 2021) | -30.0% | Nalgonda, Telangana, India | |||
| Deal Well Chit Fund Private Limited | ₹9.1 Lakh (FY 2025) | -80.0% | Telangana, India |
To see the full peer comparison of Kodish Nidhi Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2019 | 100305370 | Others | ₹1 Cr | Open |
To see the full charge records of Kodish Nidhi Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Kodish Nidhi Limited has 44 court cases on record: 44 filed against it. 21 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 44 | 21 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Wayanad, Kerala | Criminal case | Filed against the company by State of Kerala (Police) | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed against the company by State of Kerala | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed against the company by State of Kerala | Pending |
| District court, Wayanad, Kerala | Criminal case | Filed against the company by State of Kerala | Pending |
| District court, Wayanad, Kerala | Criminal case | Filed against the company by State of Kerala (Police) | Pending |
To see the full case history of Kodish 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 Kodish 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 Kodish Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kodish Nidhi Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Aboobacker Sidique ceased to be Director on 15 Jun 2020.
Frequently asked questions
Kodish Nidhi is an active nidhi company based in Kozhikode, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 25 September 2017 (9+ years old) and is registered under CIN U65990KL2017PLC050504.
Kodish Nidhi has 3 current directors:
- Abdullakutty - Managing Director
- Sivasankaran - Director
- Sudheerbabu Parakkal - Director
The latest financial statements of Kodish Nidhi on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Kodish Nidhi is U65990KL2017PLC050504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kodish Nidhi has 44 court cases on record: 44 filed against it. 21 are pending.
Kodish Nidhi was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Kodish Nidhi by revenue are Maxvalue Chits Private Limited, Whiteflower Chits Private Limited, Boby Chemmanur (No.1) Chits Private Limited, Lakshmiganapathi Chits Private Limited, Karunagappally Nidhi Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Aboobacker Sidique ceased to be Director on 15 Jun 2020. Sudheerbabu Parakkal was appointed as Director on 15 Jun 2020. Abdullakutty ceased to be Director on 01 Jan 2019. Kodish Nidhi has 6 board changes on record in total.
The registered office of Kodish Nidhi is at Building No:13155 – I Cc Complex First Floor Cheruvannur Feroke Po, Kozhikode, Kerala, India – 673631.
Kodish Nidhi operates in the financial services industry, in the other financial intermediation segment.
Kodish Nidhi has open charges of ₹1 Cr and no satisfied charges on record as per latest MCA filings.
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