Ninestars Nidhi Limited
About Ninestars Nidhi Limited
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Ninestars Nidhi Limited is a nidhi company based in Thrissur, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 27 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2019PLN059795.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.81 Lakh. It is led by directors including Vipin Pandath Madhavan and Libin Madhavan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No: 21/30 Madambikattil Building Ist Floor Alppara Kannara P O, Thrissur, Kerala, India – 680652.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.32 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹15,061 (net margin 2.8%) and EBITDA of ₹2.58 Lakh (EBITDA margin 48.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
Company details
Contact details
Ninestars Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No: 21/30 Madambikattil Building Ist Floor Alppara Kannara P O, Thrissur, Kerala, India – 680652
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Ninestars 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 Ninestars 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 Ninestars Nidhi Limited, buy the company report.
Financials of Ninestars Nidhi Limited
FY 2024 filings availableNinestars Nidhi Limited reported revenue of ₹5.32 Lakh (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 16% growth in the latest year. EBITDA rose 7% 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 | ₹2.58 Lakh | ||||
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| Net Profit (PAT) | ₹15,061 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 48.4% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Ninestars Nidhi Limited, buy the company report.
Board of directors of Ninestars Nidhi Limited
Ninestars Nidhi has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Pandath Madhavan | Director | 27 Sep 2019 | 7 Years 1 Months | Current |
| Libin Madhavan | Director | 27 Sep 2019 | 7 Years 1 Months | Current |
| Frijo John | Director | 27 Sep 2019 | 7 Years 1 Months | Current |
| Sajith | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Ajeesh Baby | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Jino Pathayapara Varghese | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Ninestars 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 |
|---|---|---|---|---|---|---|
| Paramankurichi Sivasakthi Chit Funds Private Limited | ₹5.33 Lakh (FY 2024) | -38.0% | Tiruchendur Tk, Tamil Nadu, India | |||
| NR Finanzas Service Private Limited | ₹5.32 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Glam Web Solutions Private Limited | ₹5.32 Lakh (FY 2019) | 231.0% | Bhopal, Madhya Pradesh, India | |||
| Shikharam Mutual Benefits Nidhi Limited | ₹5.32 Lakh (FY 2024) | Sircilla, Telangana, India | ||||
| Uma Maheshwara Chit Fund Private Limited | ₹5.32 Lakh (FY 2025) | 0.0% | Karimnagar, Telangana, India | |||
| Ninestars Nidhi Limitedthis company | ₹5.32 Lakh (FY 2024) | ₹15,061 | 2.8% | 16.0% | Thrissur, Kerala, India | |
| Veer Mutual Benefits Limited | ₹5.32 Lakh (FY 2016) | -18.0% | Uttar Pradesh, India | |||
| Shanmuga Business and Trading Private Limited | ₹5.32 Lakh (FY 2016) | -27.0% | Chennai, Tamil Nadu, India | |||
| Vadakkekara Chits Private Limited | ₹5.31 Lakh (FY 2019) | 23.0% | Vadakkekara Panchayath, Kerala, India | |||
| Isage Capital Private Limited | ₹5.31 Lakh (FY 2025) | 1822.0% | Siliguri, West Bengal, India | |||
| Fanigo Consultancy Private Limited | ₹5.31 Lakh (FY 2021) | Raipur, Chhattisgarh, India |
To see the full peer comparison of Ninestars Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ninestars 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 Ninestars 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 Ninestars Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ninestars Nidhi Limited has 7 board changes on record since 2019: 7 appointments. The latest: Ajeesh Baby was appointed as Director on 01 Sep 2020.
Frequently asked questions
Ninestars Nidhi is an active nidhi company based in Thrissur, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 27 September 2019 (7+ years old) and is registered under CIN U65990KL2019PLN059795.
Ninestars Nidhi has 7 current directors:
- Vipin Pandath Madhavan - Director
- Libin Madhavan - Director
- Frijo John - Director
- Sajith - Director
- Ajeesh Baby - Director
- Jino Pathayapara Varghese - Director
- Karappamveettil Kutty Sudheer - Director
The latest financial statements of Ninestars Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Ninestars Nidhi is U65990KL2019PLN059795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ninestars Nidhi was incorporated on 27 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ninestars Nidhi by revenue are Paramankurichi Sivasakthi Chit Funds Private Limited, NR Finanzas Service Private Limited, Glam Web Solutions Private Limited, Shikharam Mutual Benefits Nidhi Limited, Uma Maheshwara Chit Fund Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ajeesh Baby was appointed as Director on 01 Sep 2020. Jino Pathayapara Varghese was appointed as Director on 01 Sep 2020. Karappamveettil Kutty Sudheer was appointed as Director on 01 Sep 2020. Ninestars Nidhi has 7 board changes on record in total.
The registered office of Ninestars Nidhi is at Door No: 2130 Madambikattil Building Ist Floor Alppara Kannara P O, Thrissur, Kerala, India – 680652.
Ninestars Nidhi operates in the financial services industry, in the other financial intermediation segment.
Ninestars Nidhi can be reached at its registered office: Door No: 2130 Madambikattil Building Ist Floor Alppara Kannara P O, Thrissur, Kerala, India – 680652.
Ninestars Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.
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