MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-03-0028301
Rival Nidhi Limited
Rival Nidhi Limited - financial services in Amravati, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹3.09 Lakh
▲ 13% YoY
Net loss · FY 2024
₹3,397
Net margin -1.1%
EBITDA · FY 2024
₹12,975
EBITDA margin 4.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Rival Nidhi Limited
Data last updated:
Rival Nidhi Limited is a nidhi company based in Amravati, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 09 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2021PLN365531.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Miraglal Puslyaji Waghmare and Kamalabai Miraglal Waghmare.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O M P Waghumre Near Raju Linarese House, Amravati, Maharashtra, India – 444604.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.09 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹3,397 (net margin -1.1%) and EBITDA of ₹12,975 (EBITDA margin 4.2%).
Rival Nidhi Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-03-0028301).
Company details
CIN U65990MH2021PLN365531
Registration Number 365531
Incorporation Date 09 August 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-03-0028301
Key People
Miraglal Puslyaji Waghmare Director Kamalabai Miraglal Waghmare Director Nitin Miraglalji Waghamare Director Recognitions & Rankings of Rival Nidhi
Contact details
Rival Nidhi Limited's registered office is in Amravati, Maharashtra.
- Registered AddressC/O M P Waghumre Near Raju Linarese House, Amravati, Maharashtra, India – 444604
- IndustryFinancial Services, Other Financial Intermediation
Comprehensive company report
Rival Nidhi Limited - one report that includes everything
- 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
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Business activity
The main business activity of Rival 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 Rival Nidhi Limited, buy the company report.
Financials of Rival Nidhi Limited
FY 2025 filings availableRival Nidhi Limited reported revenue of ₹3.09 Lakh (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹3.09 Lakh ▲ 13%
Net loss · FY 2024
₹3,397 margin -1.1%
EBITDA · FY 2024
₹12,975 margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
EBITDA CAGR growth
1 year
▼ 35%
Revenue rose 13% in the latest year. EBITDA fell 35% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | ₹12,975 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3,397 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.2% | ||
| Net Profit Margin | -1.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Receivable Days | |||
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| Inventory Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Rival Nidhi Limited, buy the company report.
Board of directors of Rival Nidhi Limited
Rival Nidhi has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Miraglal Puslyaji Waghmare | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Kamalabai Miraglal Waghmare Also directs: Rival Micro Finance Foundation | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Nitin Miraglalji Waghamare Also directs: Rival Micro Finance Foundation | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Rival 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 |
|---|---|---|---|---|---|---|
| Adhipati Urban Nidhi Limited | ₹3.09 Lakh (FY 2022) | Patoda, Maharashtra, India | ||||
| Sap Alankar Nidhi Limited | ₹3.09 Lakh (FY 2025) | -86.0% | Jalna, Maharashtra, India | |||
| Latur Urban India Nidhi Limited | ₹3.09 Lakh (FY 2021) | 58.0% | Latur, Maharashtra, India | |||
| Loyal Abana Nidhi Limited | ₹3.09 Lakh (FY 2022) | -24.0% | Kannur, Kerala, India | |||
| B.G.K.Progressive Chit Funds Private Limited | ₹3.09 Lakh (FY 2022) | 2060.0% | Bagalkot, Karnataka, India | |||
| Rival Nidhi Limitedthis company | ₹3.09 Lakh (FY 2024) | -₹3,397 | -1.1% | 13.0% | Amravati, Maharashtra, India | |
| Wasundhara Urban Corporate Nidhi Limited | ₹3.09 Lakh (FY 2021) | Parali, Dist-Beed, Maharashtra, India | ||||
| Ragini Commosales Private Limited | ₹3.09 Lakh (FY 2025) | -44.0% | Kolkata, West Bengal, India | |||
| Verityx Capital Private Limited | ₹3.09 Lakh (FY 2025) | 170372.0% | New Delhi, Delhi, India | |||
| Sidhi Vinayak Polymers Private Limited | ₹3.09 Lakh (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Bhumana Chit Funds Private Limited | ₹3.08 Lakh (FY 2020) | Nizamabad, Telangana, India |
To see the full peer comparison of Rival Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rival 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 Rival 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 Rival Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rival Nidhi Limited has 3 board changes on record since 2021: 3 appointments. The latest: Kamalabai Miraglal Waghmare was appointed as Director on 09 Aug 2021.
AGM
Rival Nidhi Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rival Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Kamalabai Miraglal Waghmare was appointed as Director.
Appointed
Miraglal Puslyaji Waghmare was appointed as Director.
Appointed
Nitin Miraglalji Waghamare was appointed as Director.
Incorporation
09 Aug 2021
Rival Nidhi Limited was registered on 09 Aug 2021 with Roc Mumbai & aged 5 years 2 months as per MCA records.
Frequently asked questions
Rival Nidhi is an active nidhi company based in Amravati, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 09 August 2021 (5+ years old) and is registered under CIN U65990MH2021PLN365531.
Rival Nidhi has 3 current directors:
- Miraglal Puslyaji Waghmare - Director
- Kamalabai Miraglal Waghmare - Director
- Nitin Miraglalji Waghamare - Director
The latest financial statements of Rival Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Rival Nidhi is U65990MH2021PLN365531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rival Nidhi was incorporated on 09 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rival Nidhi by revenue are Adhipati Urban Nidhi Limited, Sap Alankar Nidhi Limited, Latur Urban India Nidhi Limited, Loyal Abana Nidhi Limited, B.G.K.Progressive Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kamalabai Miraglal Waghmare was appointed as Director on 09 Aug 2021. Miraglal Puslyaji Waghmare was appointed as Director on 09 Aug 2021. Nitin Miraglalji Waghamare was appointed as Director on 09 Aug 2021.
Yes, Rival Nidhi is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-03-0028301).
The registered office of Rival Nidhi is at CO M P Waghumre Near Raju Linarese House, Amravati, Maharashtra, India – 444604.
Rival Nidhi operates in the financial services industry, in the other financial intermediation segment.
Rival Nidhi can be reached at its registered office: CO M P Waghumre Near Raju Linarese House, Amravati, Maharashtra, India – 444604.