
Quality India Nidhi Limited
About Quality India Nidhi Limited
Data last updated:
Quality India Nidhi Limited is a nidhi company based in Belgaum, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67200KA2017PLC102938.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Nasirahmed Gousemoddin Mujawar and Rehana Irfan Nadaf.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1339 Mujavar Oni M K Hubli, Belgaum, Karnataka, India – 591118.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.33 Lakh, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹4,135 (net margin 3.1%) and EBITDA of ₹5,600 (EBITDA margin 4.2%).
Court records list 29 cases involving the company, including 29 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Quality India Nidhi Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1339 Mujavar Oni M K Hubli, Belgaum, Karnataka, India – 591118
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Quality India 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 Quality India 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 Quality India Nidhi Limited, buy the company report.
Financials of Quality India Nidhi Limited
FY 2019 filings availableQuality India Nidhi Limited reported revenue of ₹1.33 Lakh (up 79% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 79% in the latest year. EBITDA fell 28% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.33 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹5,600 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4,135 | |
| 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 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.2% | |
| Net Profit Margin | 3.1% | |
| 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 Quality India Nidhi Limited, buy the company report.
Board of directors of Quality India Nidhi Limited
Quality India Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nasirahmed Gousemoddin Mujawar | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Rehana Irfan Nadaf | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Nadaf Irfan Husen | Director | 16 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Quality India 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 |
|---|---|---|---|---|---|---|
| Kurumurthiraya Chit Fund Private Limited | ₹1.34 Lakh (FY 2025) | -21.0% | Mahabubnagar, Telangana, India | |||
| Nuvent Equity Private Limited | ₹1.34 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| MPK Holdings Pvt Ltd | ₹1.33 Lakh (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Quality India Nidhi Limitedthis company | ₹1.33 Lakh (FY 2019) | ₹4,135 | 3.1% | 79.0% | Belgaum, Karnataka, India | |
| Kartar Fincap Limited | ₹1.33 Lakh (FY 2021) | -80.0% | Punjab, India |
To see the full peer comparison of Quality India Nidhi Limited, buy the company report.
Auditor
Quality India Nidhi Limited is audited by AGGARWAL MOHIT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL MOHIT & CO | FY 2019 | 030374N |
Shareholding
The shareholding of Quality India Nidhi Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Quality India Nidhi Limited, buy the company report.
Legal cases
Quality India Nidhi Limited has 29 court cases on record: 29 filed by Quality India Nidhi. 1 case is pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 0 | 1 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Quality India 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 Quality India 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 Quality India Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Quality India Nidhi Limited has 3 board changes on record since 2017: 3 appointments. The latest: Nadaf Irfan Husen was appointed as Director on 16 May 2017.
Frequently asked questions
Quality India Nidhi is an active nidhi company based in Belgaum, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U67200KA2017PLC102938.
Quality India Nidhi has 3 current directors:
- Nasirahmed Gousemoddin Mujawar - Director
- Rehana Irfan Nadaf - Director
- Nadaf Irfan Husen - Director
The latest financial statements of Quality India Nidhi on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Quality India Nidhi is U67200KA2017PLC102938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality India Nidhi has 29 court cases on record: 29 filed by the company. 1 is pending.
Quality India Nidhi was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Quality India Nidhi by revenue are Kurumurthiraya Chit Fund Private Limited, Nuvent Equity Private Limited, MPK Holdings Pvt Ltd, Kartar Fincap Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Nadaf Irfan Husen was appointed as Director on 16 May 2017. Nasirahmed Gousemoddin Mujawar was appointed as Director on 16 May 2017. Rehana Irfan Nadaf was appointed as Director on 16 May 2017.
The registered office of Quality India Nidhi is at 1339 Mujavar Oni M K Hubli, Belgaum, Karnataka, India – 591118.
Quality India Nidhi operates in the financial services industry, in the diversified financial services segment.
The compliance status of Quality India Nidhi is compliant as of 30 September 2026. The company is actively filing with the Registrar of Companies.

