Paramseva Nidhi Limited
About Paramseva Nidhi Limited
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Paramseva Nidhi Limited is a nidhi company based in Patna, Bihar, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 02 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U67190BR2019PLC042866.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Shri Ram and Suman Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sri Jitendra Kumar S/O Ram Nath Sharma Plot/33 Ushri Danapur Khagaul, Patna, Bihar, India – 801105.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.13 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹23,996 (net margin -21.3%) and EBITDA of -₹19,837 (EBITDA margin -17.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
Paramseva Nidhi Limited's registered office is in Patna, Bihar. Its e-mail address is in the company report.
- Email
- Registered AddressSri Jitendra Kumar S/O Ram Nath Sharma Plot/33 Ushri Danapur Khagaul, Patna, Bihar, India – 801105
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Paramseva 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 Paramseva 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 Paramseva Nidhi Limited, buy the company report.
Financials of Paramseva Nidhi Limited
FY 2023 filings availableParamseva Nidhi Limited reported revenue of ₹1.13 Lakh (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 1% fall in the latest year. EBITDA fell 378% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹19,837 | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹23,996 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.6% | |||
| Net Profit Margin | -21.3% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Paramseva Nidhi Limited, buy the company report.
Board of directors of Paramseva Nidhi Limited
Paramseva Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shri Ram | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
| Suman Singh | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
| Jay Prakash | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Paramseva 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 |
|---|---|---|---|---|---|---|
| Shanti Easy Pay Nidhi Limited | ₹1.13 Lakh (FY 2023) | -99.0% | Patna, Bihar, India | |||
| Kunnath Chits India Private Limited | ₹1.13 Lakh (FY 2017) | -26.0% | Alleppy, Kerala, India | |||
| Saptha Sri Chits Private Limited | ₹1.13 Lakh (FY 2016) | Sira, Karnataka, India | ||||
| Akshat Commercial Private Limited | ₹1.13 Lakh (FY 2019) | -83.0% | Kolkata, West Bengal, India | |||
| Patronize Micro Credit Federation | ₹1.13 Lakh (FY 2024) | 122.0% | Hajipur, Bihar, India | |||
| Paramseva Nidhi Limitedthis company | ₹1.13 Lakh (FY 2023) | -₹23,996 | -21.3% | -1.0% | Patna, Bihar, India | |
| Kanikkapuram Kuries Private Limited | ₹1.13 Lakh (FY 2025) | -89.0% | Thrissur, Kerala, India | |||
| Oceanfin Chit Fund Private Limited | ₹1.13 Lakh (FY 2025) | 9883.0% | Mysore, Karnataka, India | |||
| JM Forex Private Limited | ₹1.13 Lakh (FY 2021) | Surat, Gujarat, India | ||||
| Shree SDDR Nidhi Limited | ₹1.13 Lakh (FY 2023) | 48.0% | Sikar, Rajasthan, India | |||
| Sukun Vincom Private Limited | ₹1.13 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Paramseva Nidhi Limited, buy the company report.
Legal cases
Paramseva Nidhi Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patna, Bihar | Court case (Cr. Case Complaint (O)) | Filed against the company by The Registrar of Companies, Bihar | Pending |
To see the full case history of Paramseva Nidhi Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paramseva 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 Paramseva Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paramseva Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Jay Prakash was appointed as Director on 02 Aug 2019.
Frequently asked questions
Paramseva Nidhi is an active nidhi company based in Patna, Bihar, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 02 August 2019 (7+ years old) and is registered under CIN U67190BR2019PLC042866.
Paramseva Nidhi has 3 current directors:
- Shri Ram - Director
- Suman Singh - Director
- Jay Prakash - Director
The latest financial statements of Paramseva Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Paramseva Nidhi is U67190BR2019PLC042866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramseva Nidhi has 1 court case on record: 1 filed against it. 1 is pending.
Paramseva Nidhi was incorporated on 02 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Paramseva Nidhi by revenue are Shanti Easy Pay Nidhi Limited, Kunnath Chits India Private Limited, Saptha Sri Chits Private Limited, Akshat Commercial Private Limited, Patronize Micro Credit Federation and 5 more, all in the same principal business activity (other financial activities).
Jay Prakash was appointed as Director on 02 Aug 2019. Shri Ram was appointed as Director on 02 Aug 2019. Suman Singh was appointed as Director on 02 Aug 2019.
The registered office of Paramseva Nidhi is at Sri Jitendra Kumar SO Ram Nath Sharma Plot33 Ushri Danapur Khagaul, Patna, Bihar, India – 801105.
Paramseva Nidhi operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Paramseva Nidhi can be reached at its registered office: Sri Jitendra Kumar SO Ram Nath Sharma Plot33 Ushri Danapur Khagaul, Patna, Bihar, India – 801105.