Mikhael Nidhi Limited - financial services in Thrissur, Kerala, India. Directors, charges & compliance details.
CIN U65999KL2017PLC048372 Incorporated 27 February 2017 ROC Ernakulam HQ Thrissur, Kerala, India
Struck Off Nidhi Company financial services
Revenue · FY 2023
₹260
▲ 23.08% YoY
Authorised capital
₹31 Lakh
Registered with MCA
Paid-up capital
₹29.56 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Last financials
Mar 2023
Balance sheet date
Last AGM
30 Sep 2023
Annual general meeting
Company status
Struck Off
MCA master data

About Mikhael Nidhi Limited

Data last updated:

Mikhael Nidhi Limited was a nidhi company based in Thrissur, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 27 February 2017.

The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2017PLC048372.

The company had an authorised share capital of ₹31 Lakh and a paid-up capital of ₹29.56 Lakh. It was led by directors including Abdul Razak Kodiyil Kuncharu and Babu Kochappan.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at VIII/656A V J Trade Centre Anjoor Road P.O Nhamanaghat, Thrissur, Kerala, India – 679563.

Company details

CIN U65999KL2017PLC048372
Registration Number 048372
Incorporation Date 27 February 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

Contact details

Mikhael Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    VIII/656A V J Trade Centre Anjoor Road P.O Nhamanaghat, Thrissur, Kerala, India – 679563
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Mikhael Nidhi Limited, buy the company report.

Comprehensive company report
Mikhael Nidhi Limited - one report that includes everything
  • 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
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Financials of Mikhael Nidhi Limited

FY 2023 filings available

Mikhael Nidhi Limited reported revenue of ₹260 for FY 2023.

Revenue · FY 2023
₹260

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 95%
5 years · compounded
▼ 64%

Revenue has declined at a compounded annual rate (CAGR) of 64% over five years. 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Mikhael Nidhi Limited, buy the company report.

Board of directors of Mikhael Nidhi Limited

Mikhael Nidhi has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Abdul Razak Kodiyil KuncharuDirector21 Feb 20233 Years 8 MonthsAs last reported
Babu KochappanDirector21 Feb 20233 Years 8 MonthsAs last reported
Rosy JoseDirector27 Feb 20179 Years 8 MonthsAs last reported

Peer comparison

Mikhael Nidhi Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jeevandhara Micro Finance Foundation₹328 (FY 2019)-95.0%Firozabad, Uttar Pradesh, India
Mintvest Nidhi Limited₹313 (FY 2025)-100.0%Parapookara, Kerala, India
Mikhael Nidhi Limitedthis company₹260 (FY 2023)Thrissur, Kerala, India
Indriya Chits Private Limited₹260 (FY 2023)-100.0%Ernakulam, Kerala, India
Nascent Holdings Nidhi Limited₹178 (FY 2024)-100.0%Udaipur, Rajasthan, India

To see the full peer comparison of Mikhael Nidhi Limited, buy the company report.

Shareholding

The shareholding of Mikhael Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Mikhael Nidhi Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mikhael 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 Mikhael Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Mikhael Nidhi Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Abdul Razak Kodiyil Kuncharu ceased to be Additional Director on 29 Sep 2023.

AGM
Mikhael Nidhi Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Abdul Razak Kodiyil Kuncharu ceased to be Additional Director.
Ceased
Babu Kochappan ceased to be Additional Director.
Filing
Mikhael Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Ceased
Babu Vazhappilli Jose ceased to be Director.
Ceased
Lissy Babu ceased to be Director.
Appointed
Abdul Razak Kodiyil Kuncharu was appointed as Director.
Appointed
Babu Kochappan was appointed as Director.
Appointed
Rosy Jose was appointed as Director.
Incorporation
27 Feb 2017
Mikhael Nidhi Limited was registered on 27 Feb 2017 with Roc Ernakulam & aged 9 years 8 months as per MCA records.

Frequently asked questions

Mikhael Nidhi has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Mikhael Nidhi was a nidhi company based in Thrissur, Kerala, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 27 February 2017 and is registered under CIN U65999KL2017PLC048372. The company has been struck off by the Registrar of Companies and is no longer operational.

Mikhael Nidhi had 3 directors:

The CIN (Corporate Identification Number) of Mikhael Nidhi is U65999KL2017PLC048372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Mikhael Nidhi is at VIII656A V J Trade Centre Anjoor Road P.O Nhamanaghat, Thrissur, Kerala, India – 679563.

Mikhael Nidhi was incorporated on 27 February 2017. It is registered with the Registrar of Companies, Ernakulam.

The latest financial statements of Mikhael Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.

Mikhael Nidhi operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.

The peers of Mikhael Nidhi by revenue are Jeevandhara Micro Finance Foundation, Mintvest Nidhi Limited, Indriya Chits Private Limited, Nascent Holdings Nidhi Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).

Abdul Razak Kodiyil Kuncharu ceased to be Additional Director on 29 Sep 2023. Babu Kochappan ceased to be Additional Director on 29 Sep 2023. Babu Vazhappilli Jose ceased to be Director on 28 Feb 2023. Mikhael Nidhi has 7 board changes on record in total.

The compliance status of Mikhael Nidhi is compliant as of 14 July 2026.