Nirvan Nidhi Limited
About Nirvan Nidhi Limited
Data last updated:
Nirvan Nidhi Limited is a nidhi company based in Udaipur, Rajasthan, India. It operates in the pawn shops segment of the financial services sector. It was incorporated on 25 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65929RJ2017PLC058900.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹33.28 Lakh. It is led by directors including Usha Devi Jain and Rishabh Kumar Jain.
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 Udaipur, Rajasthan.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.49 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹2.96 Lakh (net margin -197.9%) and EBITDA of -₹2.93 Lakh (EBITDA margin -196.4%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address209 2nd Floor Samridhi Complex Opp Krishi Upaj Mandi Main Gate Sector, 11, Udaipur, Rajasthan, India – 313001
- IndustryFinancial Services, Pawn Shops, Credit Allocation Agencies, 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
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Business Activity of Nirvan Nidhi Limited
The main business activity of Nirvan Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nirvan Nidhi Limited FY 2024 filings available
Nirvan Nidhi Limited reported revenue of ₹1.49 Lakh (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nirvan Nidhi Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 56% fall in the latest year. EBITDA fell 125% 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 of Nirvan Nidhi Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.96 Lakh | •••• | •••• | •••• | •••• |
| 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 of Nirvan Nidhi Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -196.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -197.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nirvan Nidhi are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nirvan Nidhi Limited
Nirvan Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Devi Jain | Director | 25 Aug 2017 | 9 Years 1 Months | Current |
| Rishabh Kumar Jain | Director | 25 Aug 2017 | 9 Years 1 Months | Current |
| Suchi Jain | Director | 25 Aug 2017 | 9 Years 1 Months | Current |
Peer Comparison of Nirvan Nidhi Limited
Nirvan Nidhi Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nigam Projects Private Limited | ₹1.5 Lakh (FY 2020) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Kurisummoottil Aca Chits Private Limited | ₹1.5 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Kottayam, Kerala, India |
| Dhanam Chalissery Nidhi Limited | ₹1.5 Lakh (FY 2023) | •••• | •••• | 100.0% | •••• | Thrissur, Kerala, India |
| Kapoori Chits Pvt Ltd | ₹1.5 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Kalai Chit Funds Private Limited | ₹1.49 Lakh (FY 2021) | •••• | •••• | 6.0% | •••• | Erode, Tamil Nadu, India |
| Nirvan Nidhi Limited this company | ₹1.49 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Udaipur, Rajasthan, India |
| V12global Chits Private Limited | ₹1.49 Lakh (FY 2018) | •••• | •••• | -15.0% | •••• | Kochi, Kerala, India |
| Goldcoin Travels Private Limited | ₹1.49 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Sreema Tara Nidhi Limited | ₹1.49 Lakh (FY 2023) | •••• | •••• | 13.0% | •••• | Siliguri, West Bengal, India |
| Madura Financial Services Private Limited | ₹1.49 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Epic Kuries Private Limited | ₹1.49 Lakh (FY 2020) | •••• | •••• | -7.0% | •••• | Pattikkad, Kerala, India |
Peers are the five companies nearest above and the five nearest below Nirvan Nidhi by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Nirvan Nidhi Limited
Nirvan Nidhi Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nirvan Nidhi Limited
Employment history and EPFO contributions of people linked to Nirvan Nidhi.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nirvan Nidhi Limited
Nirvan Nidhi Limited has 3 board changes on record since 2017: 3 appointments. The latest: Rishabh Kumar Jain was appointed as Director on 25 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Nirvan Nidhi Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nirvan Nidhi Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nirvan Nidhi Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nirvan Nidhi Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nirvan Nidhi Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nirvan Nidhi Limited
Nirvan Nidhi is an active nidhi company based in Udaipur, Rajasthan, India. The company works in pawn shops, within the financial services industry. It was incorporated on 25 August 2017 (9+ years old) and is registered under CIN U65929RJ2017PLC058900.
Nirvan Nidhi reported revenue of ₹1.49 Lakh for FY 2024 (down 56% YoY).
Nirvan Nidhi has 3 current directors:
- Usha Devi Jain - Director
- Rishabh Kumar Jain - Director
- Suchi Jain - Director
Nirvan Nidhi reported a net loss of ₹2.96 Lakh (net margin -197.9%) and EBITDA of -₹2.93 Lakh (EBITDA margin -196.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nirvan Nidhi is -48% over three years and -28% over five years. In the latest year (FY 2024) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Nirvan Nidhi is U65929RJ2017PLC058900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirvan Nidhi was incorporated on 25 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Nirvan Nidhi by revenue are Nigam Projects Private Limited, Kurisummoottil Aca Chits Private Limited, Dhanam Chalissery Nidhi Limited, Kapoori Chits Pvt Ltd, Kalai Chit Funds Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Rishabh Kumar Jain was appointed as Director on 25 Aug 2017. Suchi Jain was appointed as Director on 25 Aug 2017. Usha Devi Jain was appointed as Director on 25 Aug 2017.
The registered office of Nirvan Nidhi is at 209 2nd Floor Samridhi Complex Opp Krishi Upaj Mandi Main Gate Sector, 11, Udaipur, Rajasthan, India – 313001.
Nirvan Nidhi has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹33.28 Lakh.