About Pradison Nidhi Limited
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Pradison Nidhi Limited is a nidhi company based in Nagpur, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2018PLC310949.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.82 Lakh. It is led by directors including Nikunj Vithoba Wandhare and Pradip Vasantraoji Hiwarkar.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at P. No. 10B Ganesh Nagar Near S D Hospital, Nagpur, Maharashtra, India – 440009.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.37 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹8.4 Lakh (net margin -100.3%) and EBITDA of -₹83,732 (EBITDA margin -10%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company is associated with 1 brand: Pradison Nidhi limited. Court records list 19 cases involving the company, including 19 filed by the company; 4 cases are pending.
For more details, the company can be reached via its website pradisonnidhiltd.com.
Company details
Contact details
Pradison Nidhi Limited's registered office is in Nagpur, Maharashtra. Its website is pradisonnidhiltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressP. No. 10B Ganesh Nagar Near S D Hospital, Nagpur, Maharashtra, India – 440009
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Pradison 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
Brands
Pradison Nidhi operates one associated brand: Pradison Nidhi limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides deposit schemes, loans, and savings options for financial growth. | pradisonnidhiltd.com |
Business activity
The main business activity of Pradison 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 Pradison Nidhi Limited, buy the company report.
Financials of Pradison Nidhi Limited
FY 2023 filings availablePradison Nidhi Limited reported revenue of ₹8.37 Lakh (down 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 51% fall in the latest year. EBITDA fell 112% 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 | FY 2018-19 |
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| EBITDA | -₹83,732 | ||||
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| Net Profit (PAT) | -₹8.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -10% | ||||
| Net Profit Margin | -100.3% | ||||
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To see the full financial statements and ratios of Pradison Nidhi Limited, buy the company report.
Board of directors of Pradison Nidhi Limited
Pradison Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Vithoba Wandhare | Director | 19 Jun 2018 | 8 Years 4 Months | Current |
| Pradip Vasantraoji Hiwarkar Also directs: Pradison Exim Private Limited | Director | 19 Jun 2018 | 8 Years 4 Months | Current |
| Sonali Pradip Hiwarkar Also directs: Pradison Exim Private Limited, Parmatma Ek Garments Association | Director | 19 Jun 2018 | 8 Years 4 Months | Current |
Auditor
Pradison Nidhi Limited is audited by MANISH THUKRAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH THUKRAL & CO | FY 2019 | 145939W |
Shareholding
The shareholding of Pradison Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pradison Nidhi Limited, buy the company report.
Legal cases
Pradison Nidhi Limited has 19 court cases on record: 19 filed by Pradison Nidhi. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 0 | 4 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Pradison 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 Pradison 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 Pradison Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pradison Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Nikunj Vithoba Wandhare was appointed as Director on 19 Jun 2018.
Frequently asked questions
Pradison Nidhi is an active nidhi company based in Nagpur, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 19 June 2018 (8+ years old) and is registered under CIN U65990MH2018PLC310949.
Pradison Nidhi has 3 current directors:
- Nikunj Vithoba Wandhare - Director
- Pradip Vasantraoji Hiwarkar - Director
- Sonali Pradip Hiwarkar - Director
The latest financial statements of Pradison Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Pradison Nidhi is U65990MH2018PLC310949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pradison Nidhi has 19 court cases on record: 19 filed by the company. 4 are pending.
Pradison Nidhi was incorporated on 19 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikunj Vithoba Wandhare was appointed as Director on 19 Jun 2018. Pradip Vasantraoji Hiwarkar was appointed as Director on 19 Jun 2018. Sonali Pradip Hiwarkar was appointed as Director on 19 Jun 2018.
Pradison Nidhi can be reached through the website pradisonnidhiltd.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Pradison Nidhi is at P. No. 10B Ganesh Nagar Near S D Hospital, Nagpur, Maharashtra, India – 440009.
Pradison Nidhi operates in the financial services industry, in the diversified financial services segment.