
Safe Prime Nidhi Limited
About Safe Prime Nidhi Limited
Data last updated:
Safe Prime Nidhi Limited is a nidhi company based in Kothamangalam, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 27 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2017PLC048379.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38.25 Lakh. It is led by directors including Muraleedharan Mudavumattathil Sankaran and Pottackal Velukkuttan Jayan.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No Xxx/607 First Floor Pms Arcade College Road, Kothamangalam, Kerala, India – 686691.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹23,224 (net margin 0.2%) and EBITDA of ₹72.49 Lakh (EBITDA margin 66%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
Court records list 121 cases involving the company, including 118 filed by the company and 3 filed against it; 63 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Safe Prime Nidhi Limited's registered office is in Kothamangalam, Kerala.
- Registered AddressNo Xxx/607 First Floor Pms Arcade College Road, Kothamangalam, Kerala, India – 686691
- IndustryFinancial Services, Other Financial Intermediation
- 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 Safe Prime 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 Safe Prime Nidhi Limited, buy the company report.
Financials of Safe Prime Nidhi Limited
FY 2025 filings availableSafe Prime Nidhi Limited reported revenue of ₹1.1 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹72.49 Lakh | ||||
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| Net Profit (PAT) | ₹23,224 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 66% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Safe Prime Nidhi Limited, buy the company report.
Board of directors of Safe Prime Nidhi Limited
Safe Prime Nidhi has 9 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muraleedharan Mudavumattathil Sankaran | Director | 27 Feb 2017 | 9 Years 8 Months | Current |
| Pottackal Velukkuttan Jayan Also directs: Ceeten Motor Finance Private Limited | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Ambalaparambil Jayan Krishnadas Also directs: Ceeten Motor Finance Private Limited | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Vattathattel Sreedharan Thankappan | Director | 27 Feb 2017 | 9 Years 8 Months | Current |
| Vijithnangelil Vijayan Also directs: Ayurvedahub Academy LLP, Nangelil Pharmacy Private Limited, Attomcraft Industries Private Limited and 3 more | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Kodath Pappu Madhavan Also directs: Ceeten Motor Finance Private Limited, Ceeten Global Ventures LLP | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Safe Prime Nidhi Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Kottakkal Nidhi Limited | ₹1.11 Cr (FY 2025) | 9.0% | Mala, Kerala, India | |||
| Shri Auro Annai Chits Private Limited | ₹1.11 Cr (FY 2025) | -16.0% | Tirupur, Tamil Nadu, India | |||
| Snia Chits Fund Private Limited | ₹1.1 Cr (FY 2025) | 0.0% | Bahadurgarh, Haryana, India | |||
| Central Kerala Kuries Pvt Ltd | ₹1.1 Cr (FY 2025) | -2.0% | Thrissur, Kerala, India | |||
| Safe Prime Nidhi Limitedthis company | ₹1.1 Cr (FY 2025) | ₹23,224 | 0.2% | -10.0% | Kothamangalam, Kerala, India | |
| Pelman Chit Funds Private Limited | ₹1.09 Cr (FY 2024) | 31.0% | Chennai, Tamil Nadu, India | |||
| Benita Kuries Private Limited | ₹1.09 Cr (FY 2025) | 37.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Safe Prime Nidhi Limited, buy the company report.
Legal cases
Safe Prime Nidhi Limited has 121 court cases on record: 118 filed by Safe Prime Nidhi, 3 filed against it. 63 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 117 | 3 | 63 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 121)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Safe Prime 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 Safe Prime 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 Safe Prime Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Safe Prime Nidhi Limited has 13 board changes on record since 2017: 9 appointments and 4 cessations. The latest: Rahul Pyarilal Lal ceased to be Additional Director on 24 Sep 2023.
4 earlier events are in the company report.
Frequently asked questions
Safe Prime Nidhi is an active nidhi company based in Kothamangalam, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 27 February 2017 (9+ years old) and is registered under CIN U65990KL2017PLC048379.
Safe Prime Nidhi has 9 current directors:
- Muraleedharan Mudavumattathil Sankaran - Director
- Pottackal Velukkuttan Jayan - Director
- Ambalaparambil Jayan Krishnadas - Director
- Vattathattel Sreedharan Thankappan - Director
- Vijithnangelil Vijayan - Director
- Kodath Pappu Madhavan - Director
- Rahul Pyarilal Lal - Director
- Moleth Krishnan Suresh - Director
- Ravi Thannil - Director
The latest financial statements of Safe Prime Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Safe Prime Nidhi is U65990KL2017PLC048379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safe Prime Nidhi has 121 court cases on record: 118 filed by the company and 3 filed against it. 63 are pending. Most are in the district courts.
Safe Prime Nidhi was incorporated on 27 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Safe Prime Nidhi by revenue are Kottakkal Nidhi Limited, Shri Auro Annai Chits Private Limited, Snia Chits Fund Private Limited, Central Kerala Kuries Pvt Ltd, Pelman Chit Funds Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Rahul Pyarilal Lal ceased to be Additional Director on 24 Sep 2023. Rahul Pyarilal Lal was appointed as Director on 06 Dec 2022. Sathyapalan Sivaraman ceased to be Director on 15 Nov 2022. Safe Prime Nidhi has 13 board changes on record in total.
The registered office of Safe Prime Nidhi is at No Xxx607 First Floor Pms Arcade College Road, Kothamangalam, Kerala, India – 686691.
Safe Prime Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Safe Prime Nidhi is compliant as of 12 July 2026. The company is actively filing with the Registrar of Companies.

