Mastech Nidhi Limited
About Mastech Nidhi Limited
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Mastech Nidhi Limited is a nidhi company based in West Bengal, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 02 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65100WB2018PLC226832.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ranjit Das and Ashim Debnath.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Purnima Paul Vill – Gopalnagar (4 Mile) P.O – Gopalnagar Near Bus Stand, West Bengal, India – 743262.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.02 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.51 Lakh (net margin -83.1%) and EBITDA of -₹7,027 (EBITDA margin -2.3%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 73% over five years.
Company details
Contact details
Mastech Nidhi Limited's registered office is in West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Purnima Paul Vill – Gopalnagar (4 Mile) P.O – Gopalnagar Near Bus Stand, West Bengal, India – 743262
- IndustryFinancial Services, Bank Intermediatories
To see the full contact details of Mastech 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 Mastech Nidhi is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Mastech Nidhi Limited, buy the company report.
Financials of Mastech Nidhi Limited
FY 2025 filings availableMastech Nidhi Limited reported revenue of ₹3.02 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 5% growth in the latest year. EBITDA rose 98% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹7,027 | ||||
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| Net Profit (PAT) | -₹2.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -83.1% | ||||
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To see the full financial statements and ratios of Mastech Nidhi Limited, buy the company report.
Board of directors of Mastech Nidhi Limited
Mastech Nidhi has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjit Das | Director | 02 Jul 2018 | 8 Years 3 Months | Current |
| Arup Karmakar Also directs: Isso Mission Foundation | Additional Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Ashim Debnath | Director | 02 Jul 2018 | 8 Years 3 Months | Current |
| Ram Sarkar Krishna | Director | 02 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Mastech Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Shri Vidhi Foundation | ₹3.08 Lakh (FY 2024) | 3.0% | Lucknow, Uttar Pradesh, India | |||
| Golden Overseas Private Limited | ₹3.06 Lakh (FY 2025) | -6.0% | Gurgaon, Haryana, India | |||
| Lifemap Finserv Private Limited | ₹3.05 Lakh (FY 2024) | -31.0% | Aurangabad, Maharashtra, India | |||
| Thottakad Chits Private Limited | ₹3.05 Lakh (FY 2024) | 106.0% | Thottakad, Kerala, India | |||
| Swastik Pragati Nidhi Limited | ₹3.04 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Mastech Nidhi Limitedthis company | ₹3.02 Lakh (FY 2024) | -₹2.51 Lakh | -83.1% | 5.0% | West Bengal, India | |
| Ovidhan Urban Nidhi Limited | ₹2.98 Lakh (FY 2021) | 29.0% | Pune, Maharashtra, India | |||
| Jaguar Hire Purchase Pvt Ltd | ₹2.96 Lakh (FY 2017) | 12.0% | Punjab, India | |||
| Milap Chit Fund Private Limited | ₹2.94 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Rise Operative Nidhi Limited | ₹2.92 Lakh (FY 2025) | 8.0% | Tanur, Kerala, India | |||
| Urochem Trades Pvt Ltd | ₹2.89 Lakh (FY 2020) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mastech Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mastech Nidhi Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mastech 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 Mastech Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mastech Nidhi Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Arup Karmakar was appointed as Additional Director on 01 Jul 2021.
Frequently asked questions
Mastech Nidhi is an active nidhi company based in West Bengal, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 02 July 2018 (8+ years old) and is registered under CIN U65100WB2018PLC226832.
Mastech Nidhi has 4 current directors:
- Ranjit Das - Director
- Arup Karmakar - Additional Director
- Ashim Debnath - Director
- Ram Sarkar Krishna - Director
The latest financial statements of Mastech Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Mastech Nidhi is U65100WB2018PLC226832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mastech Nidhi was incorporated on 02 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mastech Nidhi by revenue are Om Shri Vidhi Foundation, Golden Overseas Private Limited, Lifemap Finserv Private Limited, Thottakad Chits Private Limited, Swastik Pragati Nidhi Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Arup Karmakar was appointed as Additional Director on 01 Jul 2021. Ashim Debnath ceased to be Director on 15 Apr 2021. Ashim Debnath was appointed as Director on 02 Jul 2018. Mastech Nidhi has 5 board changes on record in total.
The registered office of Mastech Nidhi is at CO Purnima Paul Vill – Gopalnagar 4 Mile P.O – Gopalnagar Near Bus Stand, West Bengal, India – 743262.
Mastech Nidhi operates in the financial services industry, in the bank intermediatories segment.
Mastech Nidhi can be reached at its registered office: CO Purnima Paul Vill – Gopalnagar 4 Mile P.O – Gopalnagar Near Bus Stand, West Bengal, India – 743262.
Mastech Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Kolkata.