Paymax Nidhi Limited
About Paymax Nidhi Limited
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Paymax Nidhi Limited is a nidhi company based in Lucknow, Uttar Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U65990UP2019PLN123207.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sishupal Singh and Malkhan Singh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop No – Ugf – 41 Shakuntlam Plaza Kanpur Road, Lucknow, Uttar Pradesh, India – 226005.
As per the financials filed for FY 2020, the company reported a revenue of ₹36,482. For the same year it recorded a net profit of ₹4,563 (net margin 12.5%) and EBITDA of ₹14,482 (EBITDA margin 39.7%).
Company details
Contact details
Paymax Nidhi Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressShop No – Ugf – 41 Shakuntlam Plaza Kanpur Road, Lucknow, Uttar Pradesh, India – 226005
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Paymax 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 Paymax 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 Paymax Nidhi Limited, buy the company report.
Financials of Paymax Nidhi Limited
FY 2020 filings availablePaymax Nidhi Limited reported revenue of ₹36,482 for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹36,482 |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹14,482 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4,563 |
| 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
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | 39.7% |
| Net Profit Margin | 12.5% |
| 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 | |
To see the full financial statements and ratios of Paymax Nidhi Limited, buy the company report.
Board of directors of Paymax Nidhi Limited
Paymax Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sishupal Singh Also directs: MBR Infraheight Private Limited | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
| Malkhan Singh | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
| Sheelendra Kumar Yadav Also directs: MBR Infraheight Private Limited | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Paymax Nidhi Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with 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 |
|---|---|---|---|---|---|---|
| Iyne Mane Investments Private Limited | ₹36,500 (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Paymax Nidhi Limitedthis company | ₹36,482 (FY 2020) | ₹4,563 | 12.5% | Lucknow, Uttar Pradesh, India | ||
| Rishi Commercial Private Limited | ₹36,480 (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Himatsingka Consultancy Private Limited | ₹36,391 (FY 2021) | -31.0% | Kolkata, West Bengal, India | |||
| Panavalapil Finance Private Limited | ₹36,353 (FY 2023) | Palakkad, Kerala, India |
To see the full peer comparison of Paymax Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paymax 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 Paymax 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 Paymax Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paymax Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Malkhan Singh was appointed as Director on 08 Nov 2019.
Frequently asked questions
Paymax Nidhi is an active nidhi company based in Lucknow, Uttar Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 November 2019 (7+ years old) and is registered under CIN U65990UP2019PLN123207.
Paymax Nidhi has 3 current directors:
- Sishupal Singh - Director
- Malkhan Singh - Director
- Sheelendra Kumar Yadav - Director
The latest financial statements of Paymax Nidhi on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Paymax Nidhi is U65990UP2019PLN123207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paymax Nidhi was incorporated on 08 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Paymax Nidhi by revenue are Iyne Mane Investments Private Limited, Rishi Commercial Private Limited, Himatsingka Consultancy Private Limited, Panavalapil Finance Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Malkhan Singh was appointed as Director on 08 Nov 2019. Sheelendra Kumar Yadav was appointed as Director on 08 Nov 2019. Sishupal Singh was appointed as Director on 08 Nov 2019.
The registered office of Paymax Nidhi is at Shop No – Ugf – 41 Shakuntlam Plaza Kanpur Road, Lucknow, Uttar Pradesh, India – 226005.
Paymax Nidhi operates in the financial services industry, in the diversified financial services segment.
Paymax Nidhi can be reached at its registered office: Shop No – Ugf – 41 Shakuntlam Plaza Kanpur Road, Lucknow, Uttar Pradesh, India – 226005.
Paymax Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.