Magan Nidhi Limited
About Magan Nidhi Limited
Data last updated: 11 March 2026
Magan Nidhi Limited is a nidhi company based in Nagpur, Maharashtra, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 05 October 2018, the company has been in operation for over 8 years.
Registered with ROC Nagpur under CIN U65999MH2018PLC315428.
Capital: an authorised share capital of ₹10.5 Lakh and a paid-up capital of ₹10.02 Lakh. It is led by directors including Arjun Narendra Kothari and Mahesh Maganmal Kothari.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: C No 8/13 Behind Sarafa Line Naik Road Itwari, Nagpur, Maharashtra, India – 440002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.93 Cr, a growth of 68% compared to the previous year.
-
EmailLocked
-
TelephoneLocked
-
WebsiteLocked
-
Social MediaLocked
-
Registered AddressC No 8/13 Behind Sarafa Line Naik Road Itwari, Nagpur, Maharashtra, India – 440002
-
IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Magan Nidhi Limited
Magan Nidhi Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Magan Nidhi Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Magan Nidhi Limited
Magan Nidhi Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Arjun Narendra Kothari
Also directs:
Magan Vaults Llp, Karan Kothari Aabhushan Private Limited, Aurangabad Cold Storage Limited Liability Partnership and 2 more
|
Director | 05 Oct 2018 | 7 Years 10 Months | Current |
|
Mahesh Maganmal Kothari
Also directs:
Magan Vaults Llp
|
Director | 05 Oct 2018 | 7 Years 10 Months | Current |
|
Suresh Maganmal Kothari
Also directs:
Magan Vaults Llp, Karan Kothari Aabhushan Private Limited
|
Director | 05 Oct 2018 | 7 Years 10 Months | Current |
Financials of Magan Nidhi Limited FY 2025 filings available
Magan Nidhi Limited reported revenue of ₹1.93 Cr (up 68.00% YoY) for FY 2025.
Ten-year financial statements for Magan Nidhi Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Magan Nidhi Limited
Shareholding and ownership data for Magan Nidhi Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Magan Nidhi Limited
Magan Nidhi Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magan Nidhi Limited
View historical data on people associated with Magan Nidhi Limited, including employment history and EPFO contributions.
Employee and EPFO history for Magan Nidhi Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Magan Nidhi Limited
GST registrations and filing compliance for Magan Nidhi Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Magan Nidhi Limited
Credit ratings, litigation, and regulatory alerts for Magan Nidhi Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magan Nidhi Limited
MSME payment history for Magan Nidhi Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magan Nidhi Limited
Corporate group structure for Magan Nidhi Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magan Nidhi Limited
MCA filings and documents for Magan Nidhi Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Magan Nidhi Limited
Frequently Asked Questions about Magan Nidhi Limited
Magan Nidhi Limited is an active nidhi company in the financial services sector based in Nagpur, Maharashtra, India. It was incorporated on 05 October 2018 (8+ years old) and is registered under CIN U65999MH2018PLC315428.
Magan Nidhi Limited reported revenue of ₹1.93 Cr for FY 2025 (up 68.00% YoY).
The current directors of Magan Nidhi Limited are:
- Arjun Narendra Kothari - Director
- Mahesh Maganmal Kothari - Director
- Suresh Maganmal Kothari - Director
The primary industry of Magan Nidhi Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Magan Nidhi Limited can be reached at the registered office: C No 813 Behind Sarafa Line Naik Road Itwari, Nagpur, Maharashtra, India – 440002.
The authorised capital is ₹10.5 Lakh, and the paid-up capital is ₹10.02 Lakh.