
MD Pro Nidhi Limited
About MD Pro Nidhi Limited
Data last updated:
MD Pro Nidhi Limited is a nidhi company based in Jaipur, Rajasthan, India. It operates in the pawn shops segment of the financial services sector. It was incorporated on 18 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65929RJ2018PLC061591.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.25 Lakh. It is led by directors including Neha Kanwar Mangalia and Akash Saini.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No. 24 Govardhan Colony New Sanganer Road Sodala, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.97 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹1,855 (net margin -0.2%) and EBITDA of ₹5.13 Lakh (EBITDA margin 57.3%).
Company details
Contact details
MD Pro Nidhi Limited's registered office is in Jaipur, Rajasthan.
- Registered AddressShop No. 24 Govardhan Colony New Sanganer Road Sodala, Jaipur, Rajasthan, India – 302019
- IndustryFinancial Services, Pawn Shops, Credit Allocation Agencies, Other Financial Intermediation
- 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 MD Pro 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 MD Pro Nidhi Limited, buy the company report.
Financials of MD Pro Nidhi Limited
FY 2021 filings availableMD Pro Nidhi Limited reported revenue of ₹8.97 Lakh (down 13% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. EBITDA fell 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.13 Lakh | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | -₹1,855 | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||
| EBITDA Margin | 57.3% | ||
| Net Profit Margin | -0.2% | ||
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To see the full financial statements and ratios of MD Pro Nidhi Limited, buy the company report.
Board of directors of MD Pro Nidhi Limited
MD Pro Nidhi has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Kanwar Mangalia | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Akash Saini | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Mahesh Saini | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
MD Pro 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 |
|---|---|---|---|---|---|---|
| Major Micro Credit Association | ₹9.17 Lakh (FY 2025) | -3.0% | Mirzapur, Uttar Pradesh, India | |||
| Devanshi Consultants Private Limited | ₹9.1 Lakh (FY 2021) | 1.0% | Howrah, West Bengal, India | |||
| Balaji Instalments Limited | ₹9.04 Lakh (FY 2021) | -21.0% | Pilibhit, Uttar Pradesh, India | |||
| Edelweiss Fund Advisors Private Limited | ₹9.03 Lakh (FY 2018) | 11.0% | Mumbai, Maharashtra, India | |||
| Sidiksha Leasing and Finance Private Limited | ₹8.99 Lakh (FY 2025) | -4.0% | Agra, Uttar Pradesh, India | |||
| MD Pro Nidhi Limitedthis company | ₹8.97 Lakh (FY 2021) | -₹1,855 | -0.2% | -13.0% | Jaipur, Rajasthan, India | |
| Neegmanand Urban Multiple Nidhi Limited | ₹8.96 Lakh (FY 2021) | 1214.0% | Beed, Maharashtra, India | |||
| Ram Sahay Finlease Limited | ₹8.88 Lakh (FY 2025) | 66.0% | Faizabad, Uttar Pradesh, India | |||
| Kedanta Finance Private Limited | ₹8.81 Lakh (FY 2024) | -32.0% | Indore, Madhya Pradesh, India | |||
| Apr Microcredit Foundation | ₹8.81 Lakh (FY 2024) | 1.0% | Mirzapir, Uttar Pradesh, India | |||
| MSK Finance Private Limited | ₹8.79 Lakh (FY 2020) | Mathura, Uttar Pradesh, India |
To see the full peer comparison of MD Pro Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving MD Pro 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 MD Pro 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 MD Pro Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MD Pro Nidhi Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Dinesh Kumar Saini ceased to be Director on 16 Mar 2022.
Frequently asked questions
MD Pro Nidhi is an active nidhi company based in Jaipur, Rajasthan, India. The company works in pawn shops, within the financial services industry. It was incorporated on 18 June 2018 (8+ years old) and is registered under CIN U65929RJ2018PLC061591.
MD Pro Nidhi has 3 current directors:
- Neha Kanwar Mangalia - Director
- Akash Saini - Director
- Mahesh Saini - Director
The latest financial statements of MD Pro Nidhi on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of MD Pro Nidhi is U65929RJ2018PLC061591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MD Pro Nidhi was incorporated on 18 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of MD Pro Nidhi by revenue are Major Micro Credit Association, Devanshi Consultants Private Limited, Balaji Instalments Limited, Edelweiss Fund Advisors Private Limited, Sidiksha Leasing and Finance Private Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Dinesh Kumar Saini ceased to be Director on 16 Mar 2022. Mahesh Saini was appointed as Director on 16 Mar 2022. Mahesh Saini ceased to be Director on 17 Sep 2021. MD Pro Nidhi has 6 board changes on record in total.
The registered office of MD Pro Nidhi is at Shop No. 24 Govardhan Colony New Sanganer Road Sodala, Jaipur, Rajasthan, India – 302019.
MD Pro Nidhi operates in the financial services industry, in the pawn shops segment.
MD Pro Nidhi can be reached at its registered office: Shop No. 24 Govardhan Colony New Sanganer Road Sodala, Jaipur, Rajasthan, India – 302019.
MD Pro Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Jaipur.

