MH Nidhi Limited
About MH Nidhi Limited
Data last updated:
MH Nidhi Limited is a nidhi company based in Jaipur, Rajasthan, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65900RJ2018PLC060444.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sanjay Naraniya and Lakhan Saadh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No.9 Laxmi Nagar Tonk Road, Jaipur, Rajasthan, India – 302006.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.25 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Lakh (net margin 5.3%) and EBITDA of ₹3.05 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 184% over three years and 128% over five years.
As per MCA filings, the company has open charges of ₹19.72 Lakh on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MH Nidhi Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.9 Laxmi Nagar Tonk Road, Jaipur, Rajasthan, India – 302006
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of MH 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 MH Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of MH Nidhi Limited, buy the company report.
Financials of MH Nidhi Limited
FY 2025 filings availableMH Nidhi Limited reported revenue of ₹42.25 Lakh (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 128% over five years, including 31% growth in the latest year. EBITDA fell 72% 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 | ₹3.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.26 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 5.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of MH Nidhi Limited, buy the company report.
Board of directors of MH Nidhi Limited
MH Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Naraniya Also directs: Sanjay Buildhome and Developers LLP, Sanjay Steel and Infra LLP, MDD Infotech LLP and 5 more | Director | 08 Mar 2018 | 8 Years 8 Months | Current |
| Lakhan Saadh Also directs: Harjesh Sanjay Nidhi India Limited | Director | 08 Mar 2018 | 8 Years 8 Months | Current |
| Gayatri Choudhary | Director | 08 Mar 2018 | 8 Years 8 Months | Current |
Peer comparison
MH Nidhi Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Microland Investments Private Limited | ₹42.31 Lakh (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| MH Nidhi Limitedthis company | ₹42.25 Lakh (FY 2024) | ₹2.26 Lakh | 5.3% | 31.0% | Jaipur, Rajasthan, India | |
| Navketan Trading Private Limited | ₹42.24 Lakh (FY 2018) | 143.0% | Kolkata, West Bengal, India | |||
| Namo Finvest Private Limited | ₹42.23 Lakh (FY 2023) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of MH Nidhi Limited, buy the company report.
Auditor
MH Nidhi Limited is audited by BANWARI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANWARI & CO | FY 2019 | 004312C |
Shareholding
The shareholding of MH Nidhi Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of MH Nidhi Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2025 | 101051300 | Hdfc Bank Limited | ₹19.72 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
MH Nidhi Limited has 13 court cases on record: 12 filed by MH Nidhi, 1 filed against it. 6 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 1 | 6 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of MH Nidhi Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MH 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 MH Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MH Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Gayatri Choudhary was appointed as Director on 08 Mar 2018.
Frequently asked questions
MH Nidhi is an active nidhi company based in Jaipur, Rajasthan, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 March 2018 (8+ years old) and is registered under CIN U65900RJ2018PLC060444.
MH Nidhi has 3 current directors:
- Sanjay Naraniya - Director
- Lakhan Saadh - Director
- Gayatri Choudhary - Director
The latest financial statements of MH Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of MH Nidhi is U65900RJ2018PLC060444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MH Nidhi has 13 court cases on record: 12 filed by the company and 1 filed against it. 6 are pending.
MH Nidhi was incorporated on 08 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of MH Nidhi by revenue are Microland Investments Private Limited, Navketan Trading Private Limited, Namo Finvest Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Gayatri Choudhary was appointed as Director on 08 Mar 2018. Lakhan Saadh was appointed as Director on 08 Mar 2018. Sanjay Naraniya was appointed as Director on 08 Mar 2018.
The registered office of MH Nidhi is at Shop No.9 Laxmi Nagar Tonk Road, Jaipur, Rajasthan, India – 302006.
MH Nidhi operates in the financial services industry, in the diversified financial services segment.
MH Nidhi has open charges of ₹19.72 Lakh and no satisfied charges on record as per latest MCA filings.
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