
Nikand Nidhi Limited
About Nikand Nidhi Limited
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Nikand Nidhi Limited is a nidhi company based in Etah, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 25 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65929UP2018PLC106531. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ravi Kant and Deependra Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1A Nagla Premi Bhagipur Shikohabad Road Opposite N.S Jim, Etah, Uttar Pradesh, India – 207001.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.06 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹9.01 Lakh (net margin -294.8%) and EBITDA of -₹6.86 Lakh (EBITDA margin -224.3%).
Company details
Contact details
Nikand Nidhi Limited's registered office is in Etah, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address1A Nagla Premi Bhagipur Shikohabad Road Opposite N.S Jim, Etah, Uttar Pradesh, India – 207001
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Nikand 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 Nikand 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 Nikand Nidhi Limited, buy the company report.
Financials of Nikand Nidhi Limited
FY 2021 filings availableNikand Nidhi Limited reported revenue of ₹3.06 Lakh (up 2% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year. EBITDA fell 147% 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 | -₹6.86 Lakh | ||
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| Net Profit (PAT) | -₹9.01 Lakh | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||
| EBITDA Margin | -224.3% | ||
| Net Profit Margin | -294.8% | ||
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To see the full financial statements and ratios of Nikand Nidhi Limited, buy the company report.
Board of directors of Nikand Nidhi Limited
Nikand Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kant | Director | 25 Jul 2018 | 8 Years 3 Months | Current |
| Deependra Kumar | Director | 25 Jul 2018 | 8 Years 3 Months | Current |
| Sunil Kumar Also directs: Nikand Industries Private Limited | Director | 25 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Nikand 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 |
|---|---|---|---|---|---|---|
| Prayojan Nidhi India Limited | ₹3.07 Lakh (FY 2016) | Sanjay Place, Uttar Pradesh, India | ||||
| Tomar Instalments Private Limited | ₹3.07 Lakh (FY 2017) | -22.0% | Uttar Pradesh, India | |||
| Devi Finserv Private Limited | ₹3.06 Lakh (FY 2025) | -61.0% | Delhi, India | |||
| Manikarnika Chits Private Limited | ₹3.06 Lakh (FY 2025) | -90.0% | Manjeri, Kerala, India | |||
| Gurushant Chits Private Limited | ₹3.06 Lakh (FY 2018) | -74.0% | Gadahingalaj, Maharashtra, India | |||
| Nikand Nidhi Limitedthis company | ₹3.06 Lakh (FY 2021) | -₹9.01 Lakh | -294.8% | 2.0% | Etah, Uttar Pradesh, India | |
| Ankalgi Chits Private Limited | ₹3.05 Lakh (FY 2017) | 66.0% | Gokak, Karnataka, India | |||
| Ambika Forex Private Limited | ₹3.05 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Fulcrum Business Solutions Private Limited | ₹3.05 Lakh (FY 2025) | 484.0% | New Delhi, Delhi, India | |||
| Punnakkaparambil Karthyayani Memorial Kuries Private Limited | ₹3.05 Lakh (FY 2024) | 36.0% | Mala, Kerala, India | |||
| Madakkathara Kuries Private Limited | ₹3.05 Lakh (FY 2022) | -47.0% | Thrissur, Kerala, India |
To see the full peer comparison of Nikand Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nikand 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 Nikand Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nikand Nidhi has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nikand Nidhi Limited, buy the company report.
Recent activity
Nikand Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Deependra Kumar was appointed as Director on 25 Jul 2018.
Frequently asked questions
Nikand Nidhi is an active nidhi company based in Etah, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 25 July 2018 (8+ years old) and is registered under CIN U65929UP2018PLC106531.
Nikand Nidhi has 3 current directors:
- Ravi Kant - Director
- Deependra Kumar - Director
- Sunil Kumar - Director
The latest financial statements of Nikand Nidhi on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
No. Nikand Nidhi has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nikand Nidhi is U65929UP2018PLC106531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikand Nidhi was incorporated on 25 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Nikand Nidhi by revenue are Prayojan Nidhi India Limited, Tomar Instalments Private Limited, Devi Finserv Private Limited, Manikarnika Chits Private Limited, Gurushant Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Deependra Kumar was appointed as Director on 25 Jul 2018. Ravi Kant was appointed as Director on 25 Jul 2018. Sunil Kumar was appointed as Director on 25 Jul 2018.
The registered office of Nikand Nidhi is at 1A Nagla Premi Bhagipur Shikohabad Road Opposite N.S Jim, Etah, Uttar Pradesh, India – 207001.
Nikand Nidhi operates in the financial services industry, in the other financial intermediation segment.
Nikand Nidhi can be reached at its registered office: 1A Nagla Premi Bhagipur Shikohabad Road Opposite N.S Jim, Etah, Uttar Pradesh, India – 207001.

