Magan Nidhi Limited Company Logo

Magan Nidhi Limited - Company Profile

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

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

About Magan Nidhi Limited

Magan Nidhi Limited, a active nidhi company, was established on 05 October 2018 in Nagpur, Maharashtra, India. Engaging in microfinance institutions within the financial services sector, it holds CIN: U65999MH2018PLC315428. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.05 M and a paid-up capital of ₹1.00 M.

Its leadership includes Arjun Narendra Kothari (Director), Mahesh Maganmal Kothari (Director), Suresh Maganmal Kothari (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C No 8/13, Behind Sarafa Line, Naik Road, Itwari,, Nagpur, Maharashtra, 440002.

Company Details

  • CIN/LLPIN

    U65999MH2018PLC315428

  • Registration Number

    315428

  • Incorporation Date

    05 October 2018

  • Authorized Capital

    ₹1.05 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.05 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 98.38%
  • Profit Growth 247.04%
  • Ebitda 139.04%
  • Net Worth 69.58%
  • Total Assets 79.78%
Company report

Magan Nidhi Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magan 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 Magan Nidhi Limited?

Current Directors

NameDesignationAppointment DateStatus
Arjun Narendra KothariDirector05 Oct 2018Current
Mahesh Maganmal KothariDirector05 Oct 2018Current
Suresh Maganmal KothariDirector05 Oct 2018Current

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Financial Performance of Magan Nidhi.

Magan Nidhi Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 98.38% increase. The company also saw a substantial improvement in profitability, with a 247.04% increase in profit. The company's net worth Soared by an impressive increase of 69.58%.

Magan Nidhi revenue growth over time
Magan 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
98.38%
Revenue from Operations
98.38%
Total Assets
79.78%
Profit or Loss
247.04%
Net Worth
69.58%
EBITDA
139.04%

What is the Ownership and Shareholding Structure of Magan Nidhi?

Unlock access to Magan Nidhi's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Magan Nidhi?

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Employee growth trends for Magan Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magan 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 Magan Nidhi's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Magan Nidhi

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Magan Nidhi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Magan Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Director Appointment

    Arjun Narendra Kothari was appointed as a Director was appointed as a Director on 05 Oct 2018 & has been associated with this company since 7 years 1 month . was recorded as a recent event.

  • Director Appointment

    Progress on Mahesh Maganmal Kothari was appointed as a Director was appointed as a Director on 05 Oct 2018 & has been associated with this company since 7 years 1 month . was documented.

  • Director Appointment

    Progress on Suresh Maganmal Kothari was appointed as a Director was appointed as a Director on 05 Oct 2018 & has been associated with this company since 7 years 1 month . was documented.

  • Company Incorporation

    Progress on Magan Nidhi Limited was registered on 05 Oct 2018 with Roc Mumbai & aged 7 years 1 month as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Magan Nidhi Limited?

    The CIN of Magan Nidhi Limited is U65999MH2018PLC315428.

  • Where is Magan Nidhi Limited headquartered?

    Magan Nidhi Limited is headquartered at C No 8/13, Behind Sarafa Line, Naik Road, Itwari,, Nagpur, Maharashtra, 440002.

  • When was Magan Nidhi Limited incorporated?

    Magan Nidhi Limited was incorporated on 05 October 2018.

  • Who are the current directors of Magan Nidhi Limited?

    The current directors of Magan Nidhi Limited are

  • What is the primary industry of Magan Nidhi Limited?

    The primary industry of Magan Nidhi Limited is Financial Services.

  • Is Magan Nidhi Limited a listed company?

    Magan Nidhi Limited is unlisted.

  • What is the capital structure of Magan Nidhi Limited?

    The authorized capital of Magan Nidhi Limited is ₹1.05 M, and the paid-up capital is ₹1.00 M.

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