Midcapgrow Urban Nidhi Limited - Company Profile

It is a financial services nidhi company based in Surat, Gujarat, India, established in 2019.

2019 Surat, Gujarat, India Active

Last Updated: February 24, 2026

About Midcapgrow Urban Nidhi Limited

Midcapgrow Urban Nidhi Limited, a active nidhi company, was established on 29 January 2019 in Surat, Gujarat, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65990GJ2019PLC106306. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Chandani Rasikbhai Devani (Director), Jitendra Tribhuvanbhai Solanki (Director), Mitul Aniruddhbhai Kaneria (Director). It is based at Fr F Office-03 J-9 Center Nr Star Bazar Adj Char Ra Village Surat (M Corpog), Surat, Gujarat, 395009.

Company Details

CIN/LLPIN
U65990GJ2019PLC106306
Registration Number
106306
Incorporation Date
29 January 2019
Authorized Capital
₹1.00 M
Paid-Up Capital
₹1.00 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 24-02-2026
Paid Up Capital ₹ 1.00 M as on 24-02-2026
Company Age 7 Year, 30 Days

Comprehensive Company Insights

Explore comprehensive insights into Midcapgrow Urban 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 Midcapgrow Urban Nidhi Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chandani Rasikbhai Devani	Director	29 Jan 2019	Current
Jitendra Tribhuvanbhai Solanki	Director	29 Jan 2019	Current
Mitul Aniruddhbhai Kaneria	Director	29 Jan 2019	Current

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Financial Performance of Midcapgrow Urban Nidhi.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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Total Revenue

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What is the Ownership and Shareholding Structure of Midcapgrow Urban Nidhi?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Midcapgrow Urban Nidhi?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Midcapgrow Urban Nidhi

Recent Activity within the Organization

Director Appointment

Progress on Chandani Rasikbhai Devani was appointed as a Director was appointed as a Director on 29 Jan 2019 & has been associated with this company since 7 years 30 days . was documented.
29 Jan 2019
Director Appointment

Progress on Jitendra Tribhuvanbhai Solanki was appointed as a Director was appointed as a Director on 29 Jan 2019 & has been associated with this company since 7 years 30 days . was documented.
29 Jan 2019
Director Appointment

Mitul Aniruddhbhai Kaneria was appointed as a Director was appointed as a Director on 29 Jan 2019 & has been associated with this company since 7 years 30 days . was recorded as a recent event.
29 Jan 2019
Company Incorporation

Midcapgrow Urban Nidhi Limited was registered on 29 Jan 2019 with Roc Ahmedabad & aged 7 years 30 days as per MCA records. was recorded as a recent event.
29 Jan 2019

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Frequently Asked Questions

What is the CIN of Midcapgrow Urban Nidhi Limited?

The CIN of Midcapgrow Urban Nidhi Limited is U65990GJ2019PLC106306.

Where is Midcapgrow Urban Nidhi Limited headquartered?

Midcapgrow Urban Nidhi Limited is headquartered at Fr F Office-03 J-9 Center Nr Star Bazar Adj Char Ra Village Surat (M Corpog), Surat, Gujarat, 395009.

When was Midcapgrow Urban Nidhi Limited incorporated?

Midcapgrow Urban Nidhi Limited was incorporated on 29 January 2019.

Who are the current directors of Midcapgrow Urban Nidhi Limited?

The current directors of Midcapgrow Urban Nidhi Limited are

What is the primary industry of Midcapgrow Urban Nidhi Limited?

The primary industry of Midcapgrow Urban Nidhi Limited is Financial Services.

Is Midcapgrow Urban Nidhi Limited a listed company?

Midcapgrow Urban Nidhi Limited is unlisted.

What is the capital structure of Midcapgrow Urban Nidhi Limited?

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

What is the compliance status of Midcapgrow Urban Nidhi Limited?

The compliance status of Midcapgrow Urban Nidhi Limited is Compliant.

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