Maben Nidhi Limited Company Logo

Maben Nidhi Limited - Company Profile

It is a financial services nidhi company based in Valapad, Kerala, India, established in 1993.

1993 | Valapad, Kerala, India | Active
Last Updated:

About Maben Nidhi Limited

Maben Nidhi Limited, a active nidhi company, was established on 20 December 1993 in Valapad, Kerala, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65991KL1993PLN007584. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹49.98 Cr.

Formerly known as Manappuram Benefit Fund Ltd. It upholds a compliant status. Employing 439 professional, Its leadership includes Vazhoor Sankaranarayanan Prasannan (Director), Vazhayil Easow Josekutty (Director), Nurani Venkataraman Mahadevan (Director). Past directors included Vazhoor Sankaranarayanan Prasannan, Geetha Vazhappilly Padmanabhan, Vazhoor Sakaranarayanan Vysababu. It holds no open charges and ₹100.00 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at Building No.4/709B,1St Floor, Jp Mart Near Highschool Junction, Valapad, Kerala, 680567.

Company Details

  • CIN/LLPIN

    U65991KL1993PLN007584

  • Registration Number

    007584

  • Incorporation Date

    20 December 1993

  • Authorized Capital

    ₹60.00 Cr

  • Paid-Up Capital

    ₹49.98 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 49.98 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 100.00 Cr
  • Revenue Growth -11.71%
  • Profit Growth -48.67%
  • Ebitda -23.60%
  • Net Worth -3.78%
  • Total Assets 9.60%
Company report

Maben Nidhi Limited

Company Report FY 2025-2026

Explore comprehensive insights into Maben Nidhi Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maben Nidhi Limited?

Current Directors

NameDesignationAppointment DateStatus
Vazhoor Sankaranarayanan PrasannanDirector28 Sep 2019Current
Vazhayil Easow JosekuttyDirector26 Sep 2024Current
Nurani Venkataraman MahadevanDirector26 Sep 2024Current
Nediyiruppil Karappan UnnikrishnanDirector31 Aug 2024Current
Remeshkumar KuruppathDirector25 Sep 2017Current
Devi DeepkumarDirector29 Sep 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director22 Jul 2015Past
Pramod AbcsddDirector27 Aug 2010Past
Pramod AbcsddDirector22 Jul 2015Past
Pramod AbcsddAdditional Director01 Aug 2015Past
Pramod AbcsddDirector18 Apr 2012Past
Pramod AbcsddManaging Director06 Oct 2008Past

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Financial Performance of Maben Nidhi.

Maben Nidhi Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.71% decrease. The company also saw a substantial fall in profitability, with a 48.67% decrease in profit. The company's net worth dipped by a decrease of 3.78%.

Maben Nidhi revenue growth over time
Maben Nidhi profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.71%
Revenue from Operations
-12.91%
Total Assets
9.60%
Profit or Loss
-48.67%
Net Worth
-3.78%
EBITDA
-23.60%

What is the Ownership and Shareholding Structure of Maben Nidhi?

In 2023, Maben Nidhi had a promoter holding of 58.92% and a public holding of 41.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,000,029,000.00

Charges Breakdown by Lending Institutions

  • Others : 45.00 Cr
  • Dhanlaxmi Bank Limited : 25.00 Cr
  • State Bank Of India : 20.00 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2021Others₹9,000.00Satisfied
03 Sep 2021Others₹1,000.00Satisfied
12 Aug 2021Others₹1,000.00Satisfied
09 Aug 2021Others₹4,500.00Satisfied
06 Aug 2021Others₹1,000.00Satisfied

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How Many Employees Work at Maben Nidhi?

Maben Nidhi has a workforce of 439 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Maben Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maben Nidhi, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maben Nidhi's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Maben Nidhi

Recent Activity within the Organization

  • Director Appointment

    Devi Deepkumar was appointed as a Director was appointed as a Director on 29 Sep 2025 & has been associated with this company since 2 months 4 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Maben Nidhi Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    The activity Vazhayil Easow Josekutty was appointed as a Director was appointed as a Director on 26 Sep 2024 & has been associated with this company since 1 year 2 months . was completed.

  • Director Appointment

    Nurani Venkataraman Mahadevan was appointed as a Director was appointed as a Director on 26 Sep 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.

  • Director Appointment

    The activity Nediyiruppil Karappan Unnikrishnan was appointed as a Director was appointed as a Director on 31 Aug 2024 & has been associated with this company since 1 year 3 months . was completed.

  • Balance Sheet

    Progress on Maben Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was documented.

Frequently Asked Questions

  • What is the CIN of Maben Nidhi Limited?

    The CIN of Maben Nidhi Limited is U65991KL1993PLN007584.

  • Where is Maben Nidhi Limited headquartered?

    Maben Nidhi Limited is headquartered at Building No.4/709B,1St Floor, Jp Mart Near Highschool Junction, Valapad, Kerala, 680567.

  • When was Maben Nidhi Limited incorporated?

    Maben Nidhi Limited was incorporated on 20 December 1993.

  • Who are the current directors of Maben Nidhi Limited?

    The current directors of Maben Nidhi Limited are

  • What is the primary industry of Maben Nidhi Limited?

    The primary industry of Maben Nidhi Limited is Financial And Insurance Service.

  • Is Maben Nidhi Limited a listed company?

    Maben Nidhi Limited is unlisted.

  • What is the capital structure of Maben Nidhi Limited?

    The authorized capital of Maben Nidhi Limited is ₹60.00 Cr, and the paid-up capital is ₹49.98 Cr.

  • What is the compliance status of Maben Nidhi Limited?

    The compliance status of Maben Nidhi Limited is Compliant.

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