Promise Nidhi Limited - Company Profile

It is a financial services nidhi company based in Mala, Kerala, India, established in 2020.
2020 Mala, Kerala, India Active
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About Promise Nidhi Limited

Promise Nidhi Limited, a active nidhi company, was established on 22 December 2020 in Mala, Kerala, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65990KL2020PLN066517. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.50 M.

Its leadership includes Devasena Peenikkal Somasundaran (Additional Director), Lolitha (Director), Sharun Peenikkal Somasundaran (Managing Director). Past directors included Plasseril Valsan Jeevan. Its latest AGM occurred on 29 September 2021, with the balance sheet filed on 31 March 2021. It is based at Door No Xv/577-R, First Floor Alpha Square, K.K. Road ,, Mala, Kerala, 680732.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65990KL2020PLN066517

  • Registration Number

    066517

  • Incorporation Date

    22 December 2020

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
Company report

Promise Nidhi Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Promise 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 Promise Nidhi Limited?
Current Directors
Name Designation Appointment Date Status
Devasena Peenikkal Somasundaran Additional Director 22 Mar 2025 Current
Lolitha Director 22 Dec 2020 Current
Sharun Peenikkal Somasundaran Managing Director 22 Dec 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Mar 2025 Past

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Financial Performance of Promise Nidhi.

Promise Nidhi Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Promise Nidhi revenue growth over time
Promise 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
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What is the Ownership and Shareholding Structure of Promise Nidhi?

Unlock access to Promise 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 Promise Nidhi?

Promise Nidhi has a workforce of 0 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Promise Nidhi, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Promise Nidhi's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Promise Nidhi
Recent Activity within the Organization
  • Director Appointment

    Devasena Peenikkal Somasundaran was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2025 & has been associated with this company since 11 months 4 days . was recorded as a recent event.

  • Annual General Meeting

    Promise Nidhi Limited last Annual general meeting of members was held on 29 Sep 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Promise Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam. was recorded as a recent event.

  • Director Appointment

    Progress on Lolitha was appointed as a Director was appointed as a Director on 22 Dec 2020 & has been associated with this company since 5 years 2 months . was documented.

  • Director Appointment

    Progress on Sharun Peenikkal Somasundaran was appointed as a Managing Director was appointed as a Managing Director on 22 Dec 2020 & has been associated with this company since 5 years 2 months . was documented.

  • Company Incorporation

    Progress on Promise Nidhi Limited was registered on 22 Dec 2020 with Roc Ernakulam & aged 5 years 2 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Promise Nidhi Limited?

The CIN of Promise Nidhi Limited is U65990KL2020PLN066517.

Where is Promise Nidhi Limited headquartered?

Promise Nidhi Limited is headquartered at Door No Xv/577-R, First Floor Alpha Square, K.K. Road ,, Mala, Kerala, 680732.

When was Promise Nidhi Limited incorporated?

Promise Nidhi Limited was incorporated on 22 December 2020.

Who are the current directors of Promise Nidhi Limited?

The current directors of Promise Nidhi Limited are

What is the primary industry of Promise Nidhi Limited?

The primary industry of Promise Nidhi Limited is Financial Services.

Is Promise Nidhi Limited a listed company?

Promise Nidhi Limited is unlisted.

What is the capital structure of Promise Nidhi Limited?

The authorized capital of Promise Nidhi Limited is ₹1.50 M, and the paid-up capital is ₹0.50 M.

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