Nirbhaya Nidhi Limited
About Nirbhaya Nidhi Limited
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Nirbhaya Nidhi Limited is a nidhi company based in Bengaluru, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 02 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65900KA2021PLN150195.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kumaraswamy and Davojinaik Vasanthanaik.
Its last annual general meeting (AGM) was held on 15 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 539 Lig – 707 2nd Floor 4th Main 4th Phase Yelahanka New Town, Bengaluru, Karnataka, India – 560064.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹53,449 (net margin -5%) and EBITDA of ₹6,107 (EBITDA margin 0.6%).
Company details
Contact details
Nirbhaya Nidhi Limited's registered office is in Bengaluru, Karnataka.
- Registered Address539 Lig – 707 2nd Floor 4th Main 4th Phase Yelahanka New Town, Bengaluru, Karnataka, India – 560064
- IndustryFinancial Services, Other Financial Intermediation
- 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 Nirbhaya Nidhi is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Nirbhaya Nidhi Limited, buy the company report.
Financials of Nirbhaya Nidhi Limited
FY 2023 filings availableNirbhaya Nidhi Limited reported revenue of ₹10.65 Lakh (up 432% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 432% in the latest year. EBITDA fell 87% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
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| Other Income | ||
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| EBITDA | ₹6,107 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹53,449 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Investments | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.6% | |
| Net Profit Margin | -5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of Nirbhaya Nidhi Limited, buy the company report.
Board of directors of Nirbhaya Nidhi Limited
Nirbhaya Nidhi has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumaraswamy | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Davojinaik Vasanthanaik Also directs: Sailakshmi Janakalyan Chit Fund Private Limited | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Biradar Basappa Mallikarjun Also directs: Sailakshmi Janakalyan Chit Fund Private Limited | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Nirbhaya Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amar Fauji Motor and General Finance Private Limited | ₹11.98 Lakh (FY 2025) | -3.0% | Meerut, Uttar Pradesh, India | |||
| Periapet Nidhi Limited | ₹11.5 Lakh (FY 2023) | -31.0% | Tamil Nadu, India | |||
| Bareja Chits Private Limited | ₹11.28 Lakh (FY 2025) | -5.0% | Panipat, Haryana, India | |||
| Shaolin Trusteeship Private Limited | ₹11.1 Lakh (FY 2025) | 0.0% | Gurgaon, Haryana, India | |||
| Sorgam Chits Private Limited | ₹10.72 Lakh (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| Nirbhaya Nidhi Limitedthis company | ₹10.65 Lakh (FY 2023) | -₹53,449 | -5% | 432.0% | Bengaluru, Karnataka, India | |
| Grihachand Nidhi Limited | ₹10.61 Lakh (FY 2016) | Coimbatore, Tamil Nadu, India | ||||
| Seeven Chit Fund Peenya Private Limited | ₹10.56 Lakh (FY 2020) | -28.0% | Bangalore, Karnataka, India | |||
| Ghorpadwadi Multipurpose Urban Nidhi Limited | ₹10.42 Lakh (FY 2022) | 487.0% | Rahuri, Maharashtra, India | |||
| Saraswati Fiscal Private Limited | ₹10.39 Lakh (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Jai Kalka Maa Chits Private Limited | ₹10.31 Lakh (FY 2016) | 49.0% | Delhi, India |
To see the full peer comparison of Nirbhaya Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nirbhaya 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 Nirbhaya 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 Nirbhaya Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nirbhaya Nidhi Limited has 9 board changes on record since 2022: 3 appointments and 6 cessations. The latest: Biradar Basappa Mallikarjun ceased to be Additional Director on 14 Sep 2023.
Frequently asked questions
Nirbhaya Nidhi is an active nidhi company based in Bengaluru, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 02 August 2021 (5+ years old) and is registered under CIN U65900KA2021PLN150195.
Nirbhaya Nidhi has 3 current directors:
- Kumaraswamy - Director
- Davojinaik Vasanthanaik - Director
- Biradar Basappa Mallikarjun - Director
The latest financial statements of Nirbhaya Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Nirbhaya Nidhi is U65900KA2021PLN150195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirbhaya Nidhi was incorporated on 02 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nirbhaya Nidhi by revenue are Amar Fauji Motor and General Finance Private Limited, Periapet Nidhi Limited, Bareja Chits Private Limited, Shaolin Trusteeship Private Limited, Sorgam Chits Private Limited and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).
Biradar Basappa Mallikarjun ceased to be Additional Director on 14 Sep 2023. Davojinaik Vasanthanaik ceased to be Additional Director on 14 Sep 2023. Kumaraswamy ceased to be Additional Director on 14 Sep 2023. Nirbhaya Nidhi has 9 board changes on record in total.
The registered office of Nirbhaya Nidhi is at 539 Lig – 707 2nd Floor 4th Main 4th Phase Yelahanka New Town, Bengaluru, Karnataka, India – 560064.
Nirbhaya Nidhi operates in the financial services industry, in the other financial intermediation segment.
Nirbhaya Nidhi can be reached at its registered office: 539 Lig – 707 2nd Floor 4th Main 4th Phase Yelahanka New Town, Bengaluru, Karnataka, India – 560064.
Nirbhaya Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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