Narmada Nidhi Limited
About Narmada Nidhi Limited
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Narmada Nidhi Limited is a nidhi company based in Jabalpur, Madhya Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65990MP2017PLC042237.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92 Lakh. It is led by directors including Jay Mala Rai and Chhabinath Singh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Hno. 411 Goutam Ji Ki Madiya Hanuman Mandir Ke Pass Veer Savarkar Ward Garha, Jabalpur, Madhya Pradesh, India – 482003.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.9 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Lakh (net margin -43.4%) and EBITDA of -₹98,219 (EBITDA margin -33.9%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Narmada Nidhi Limited's registered office is in Jabalpur, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressHno. 411 Goutam Ji Ki Madiya Hanuman Mandir Ke Pass Veer Savarkar Ward Garha, Jabalpur, Madhya Pradesh, India – 482003
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Narmada 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 Narmada 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 Narmada Nidhi Limited, buy the company report.
Financials of Narmada Nidhi Limited
FY 2022 filings availableNarmada Nidhi Limited reported revenue of ₹2.9 Lakh (down 74% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 74% fall in the latest year. EBITDA fell 248% 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
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| EBITDA | -₹98,219 | ||||
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| Net Profit (PAT) | -₹1.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -33.9% | ||||
| Net Profit Margin | -43.4% | ||||
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To see the full financial statements and ratios of Narmada Nidhi Limited, buy the company report.
Board of directors of Narmada Nidhi Limited
Narmada Nidhi has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Mala Rai Also directs: Triveni Nidhi Limited | Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Chhabinath Singh Also directs: Triveni Nidhi Limited | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Pravesh Singh Also directs: Singh Brothers Microcare Association | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Narmada Nidhi Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Bluehedge Nidhi Limited | ₹2.9 Lakh (FY 2021) | 88.0% | Thrissur, Kerala, India | |||
| Go Resorts & Hotels Private Limited | ₹2.9 Lakh (FY 2021) | -82.0% | Kolkata, West Bengal, India | |||
| Abhiraj Chit Fund Private Limited | ₹2.9 Lakh (FY 2020) | 404.0% | Bangalore, Karnataka, India | |||
| Silver Star Kuries Private Limited | ₹2.9 Lakh (FY 2019) | -54.0% | Thrissur, Kerala, India | |||
| Shiv Balaji Micro Credit Foundation | ₹2.9 Lakh (FY 2025) | -18.0% | Agra, Uttar Pradesh, India | |||
| Narmada Nidhi Limitedthis company | ₹2.9 Lakh (FY 2022) | -₹1.26 Lakh | -43.4% | -74.0% | Jabalpur, Madhya Pradesh, India | |
| Swarn Vanijya Private Limited | ₹2.9 Lakh (FY 2025) | -43.0% | Kolkata, West Bengal, India | |||
| Dhansansar Nidhi Limited | ₹2.89 Lakh (FY 2022) | Bhagalpur, Bihar, India | ||||
| Calcutta Enterprises Pvt Ltd | ₹2.89 Lakh (FY 2025) | 77.0% | Jamshedpur, Jharkhand, India | |||
| Nageshwara Urban Nidhi Limited | ₹2.89 Lakh (FY 2021) | Hingoli, Maharashtra, India | ||||
| Gradeking Packaging Private Limited | ₹2.89 Lakh (FY 2025) | 31.0% | New Delhi, Delhi, India |
To see the full peer comparison of Narmada Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Narmada 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 Narmada 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 Narmada Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Narmada Nidhi Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Brijesh Kumar Rai ceased to be Director on 13 Jan 2020.
Frequently asked questions
Narmada Nidhi is an active nidhi company based in Jabalpur, Madhya Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U65990MP2017PLC042237.
Narmada Nidhi has 3 current directors:
- Jay Mala Rai - Director
- Chhabinath Singh - Director
- Pravesh Singh - Director
The latest financial statements of Narmada Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Narmada Nidhi is U65990MP2017PLC042237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narmada Nidhi was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Narmada Nidhi by revenue are Bluehedge Nidhi Limited, Go Resorts & Hotels Private Limited, Abhiraj Chit Fund Private Limited, Silver Star Kuries Private Limited, Shiv Balaji Micro Credit Foundation and 5 more, all in the same principal business activity (other financial activities).
Brijesh Kumar Rai ceased to be Director on 13 Jan 2020. Jay Mala Rai was appointed as Director on 13 Jan 2020. Chhabinath Singh was appointed as Director on 17 Jan 2017. Narmada Nidhi has 4 board changes on record in total.
The registered office of Narmada Nidhi is at Hno. 411 Goutam Ji Ki Madiya Hanuman Mandir Ke Pass Veer Savarkar Ward Garha, Jabalpur, Madhya Pradesh, India – 482003.
Narmada Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Narmada Nidhi is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
Narmada Nidhi can be reached at its registered office: Hno. 411 Goutam Ji Ki Madiya Hanuman Mandir Ke Pass Veer Savarkar Ward Garha, Jabalpur, Madhya Pradesh, India – 482003.