Mag Nidhi Limited Company Logo

Mag Nidhi Limited - Company Profile

It is a financial services nidhi company based in Phaltan, Maharashtra, India, established in 2018.

2018 | Phaltan, Maharashtra, India | Active
Last Updated:

About Mag Nidhi Limited

Mag Nidhi Limited, a active nidhi company, was established on 19 November 2018 in Phaltan, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65990PN2018PLC180243. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Its leadership includes Vidhya Keshav Bendre (Director), Amruta Atul Dhekane (Director), Atul Gopal Dhekane (Director). Past directors included Vidhya Keshav Bendre, Sunita Ananta Mohotkar, Ananta Ganpatrao Mohotkar. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at C.S.No.5594, Ambedkar Chawk Raviwar Peth, Phaltan, Maharashtra, 415523.

Company Details

  • CIN/LLPIN

    U65990PN2018PLC180243

  • Registration Number

    180243

  • Incorporation Date

    19 November 2018

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -87.53%
  • Profit Growth -609.87%
  • Ebitda -110.86%
  • Net Worth -4.62%
  • Total Assets -24.35%
Company report

Mag Nidhi Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mag 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 Mag Nidhi Limited?

Current Directors

NameDesignationAppointment DateStatus
Vidhya Keshav BendreDirector01 Aug 2024Current
Amruta Atul DhekaneDirector07 Mar 2024Current
Atul Gopal DhekaneDirector07 Mar 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddDirector03 Jun 2024Past
Pramod AbcsddDirector03 Jun 2024Past
Pramod AbcsddDirector-Past

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Financial Performance of Mag Nidhi.

Mag Nidhi Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 87.53% decrease. The company also saw a substantial fall in profitability, with a 609.87% decrease in profit. The company's net worth dipped by a decrease of 4.62%.

Mag Nidhi revenue growth over time
Mag 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
-87.53%
Revenue from Operations
-87.53%
Total Assets
-24.35%
Profit or Loss
-609.87%
Net Worth
-4.62%
EBITDA
-110.86%

What is the Ownership and Shareholding Structure of Mag Nidhi?

In 2023, Mag Nidhi had a promoter holding of 79.96% and a public holding of 20.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Mag Nidhi?

Unlock and access historical data on people associated with Mag Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mag Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mag 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 Mag 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 Mag Nidhi

Recent Activity within the Organization

  • Director Appointment

    Vidhya Keshav Bendre was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.

  • Director Appointment

    Amruta Atul Dhekane was appointed as a Director was appointed as a Director on 07 Mar 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Director Appointment

    Atul Gopal Dhekane was appointed as a Director was appointed as a Director on 07 Mar 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Annual General Meeting

    Mag Nidhi Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Mag Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune. was documented.

  • Company Incorporation

    Progress on Mag Nidhi Limited was registered on 19 Nov 2018 with Roc Pune & aged 7 years 1 month as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Mag Nidhi Limited?

    The CIN of Mag Nidhi Limited is U65990PN2018PLC180243.

  • Where is Mag Nidhi Limited headquartered?

    Mag Nidhi Limited is headquartered at C.S.No.5594, Ambedkar Chawk Raviwar Peth, Phaltan, Maharashtra, 415523.

  • When was Mag Nidhi Limited incorporated?

    Mag Nidhi Limited was incorporated on 19 November 2018.

  • Who are the current directors of Mag Nidhi Limited?

    The current directors of Mag Nidhi Limited are

  • What is the primary industry of Mag Nidhi Limited?

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

  • Is Mag Nidhi Limited a listed company?

    Mag Nidhi Limited is unlisted.

  • What is the capital structure of Mag Nidhi Limited?

    The authorized capital of Mag Nidhi Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

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