Palma Development Nidhi Limited - Company Profile

It is a financial services nidhi company based in Kanjiracode, Tamil Nadu, India, established in 2018.
2018 Kanjiracode, Tamil Nadu, India Active
Last Updated:
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About Palma Development Nidhi Limited

Palma Development Nidhi Limited, a active nidhi company, was established on 20 September 2018 in Kanjiracode, Tamil Nadu, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65929TN2018PLC124677. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.05 M.

Its leadership includes Anbaiyan Nadar Sankili (Managing Director), Jacob Abraham Isaac (Director), Rajayan Jothivimalabai (Director). Past directors included Radha Jayakumari. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 14-26/1, Palmalayam, Chengai, Kanjiracode P.O. Marthandam, Kanyakumari District, Kanjiracode, Tamil Nadu, 629155.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65929TN2018PLC124677

  • Registration Number

    124677

  • Incorporation Date

    20 September 2018

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.05 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.05 M
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -32.04%
  • Profit Growth **** -926.13%
  • Ebitda **** -133.90%
  • Net Worth -4.37%
  • Total Assets -7.94%
Company report

Palma Development Nidhi Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palma Development Nidhi Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Palma Development Nidhi Limited?
Current Directors
Name Designation Appointment Date Status
Anbaiyan Nadar Sankili Managing Director 20 Sep 2018 Current
Jacob Abraham Isaac Director 20 Sep 2018 Current
Rajayan Jothivimalabai Director 20 Sep 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Sep 2024 Past

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Financial Performance of Palma Development Nidhi.

Palma Development Nidhi Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.04% decrease. The company also saw a substantial fall in profitability, with a 926.13% decrease in profit. The company's net worth dipped by a decrease of 4.37%.

Palma Development Nidhi revenue growth over time
Palma Development Nidhi profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -32.04%
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*******
*******
Revenue from Operations
*******
 -32.04%
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*******
*******
Total Assets
*******
 -7.94%
*******
*******
*******
*******
Profit or Loss
*******
 -926.13%
*******
*******
*******
*******
Net Worth
*******
 -4.37%
*******
*******
*******
*******
EBITDA
*******
 -133.90%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palma Development Nidhi?

Unlock access to Palma Development Nidhi's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Palma Development Nidhi?

Unlock and access historical data on people associated with Palma Development Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Palma Development Nidhi
Recent Activity within the Organization
  • Annual General Meeting

    The activity Palma Development Nidhi Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Palma Development Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Director Appointment

    Anbaiyan Nadar Sankili was appointed as a Managing Director was appointed as a Managing Director on 20 Sep 2018 & has been associated with this company since 7 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Jacob Abraham Isaac was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 7 years 4 months . was completed.

  • Director Appointment

    Progress on Rajayan Jothivimalabai was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 7 years 4 months . was documented.

  • Company Incorporation

    The activity Palma Development Nidhi Limited was registered on 20 Sep 2018 with Roc Chennai & aged 7 years 4 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Palma Development Nidhi Limited?

The CIN of Palma Development Nidhi Limited is U65929TN2018PLC124677.

Where is Palma Development Nidhi Limited headquartered?

Palma Development Nidhi Limited is headquartered at 14-26/1, Palmalayam, Chengai, Kanjiracode P.O. Marthandam, Kanyakumari District, Kanjiracode, Tamil Nadu, 629155.

When was Palma Development Nidhi Limited incorporated?

Palma Development Nidhi Limited was incorporated on 20 September 2018.

Who are the current directors of Palma Development Nidhi Limited?

The current directors of Palma Development Nidhi Limited are

What is the primary industry of Palma Development Nidhi Limited?

The primary industry of Palma Development Nidhi Limited is Financial Services.

Is Palma Development Nidhi Limited a listed company?

Palma Development Nidhi Limited is unlisted.

What is the capital structure of Palma Development Nidhi Limited?

The authorized capital of Palma Development Nidhi Limited is ₹2.00 M, and the paid-up capital is ₹1.05 M.

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