- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0020534

About Samartha Nidhi Limited
Data last updated:
Samartha Nidhi Limited is a nidhi company based in Puttur, Karnataka, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67100KA2014PLC076693. Its GSTIN is 29AAVCS0656E1ZX (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹3.32 Cr. It is led by directors including Ramitha Somaiah and Balakrishna Shanthila.
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 Pinto Plaza Opp Adarsha Hospital Apmc Road, Puttur, Karnataka, India – 574201.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.83 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Cr (net margin 8.3%) and EBITDA of ₹16.05 Cr (EBITDA margin 53.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 40% over five years.
The company has about 99 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.11 Cr and satisfied charges of ₹62 Lakh on record. Court records list 374 cases involving the company, including 373 filed by the company and 1 filed against it; 97 cases are pending.
Samartha Nidhi Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0020534). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website samarthanidhi.com.
Company details
Recognitions & Rankings of Samartha Nidhi
Contact details
Samartha Nidhi Limited's registered office is in Puttur, Karnataka. Its website is samarthanidhi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPinto Plaza Opp Adarsha Hospital Apmc Road, Puttur, Karnataka, India – 574201
- IndustryFinancial Services, NBFC
To see the full contact details of Samartha 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 Samartha Nidhi is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Samartha Nidhi Limited, buy the company report.
Financials of Samartha Nidhi Limited
FY 2025 filings availableSamartha Nidhi Limited reported revenue of ₹29.83 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 43% growth in the latest year. EBITDA rose 53% 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 | ₹16.05 Cr | ||||
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| Net Profit (PAT) | ₹2.47 Cr | ||||
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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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| EBITDA Margin | 53.8% | ||||
| Net Profit Margin | 8.3% | ||||
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To see the full financial statements and ratios of Samartha Nidhi Limited, buy the company report.
Board of directors of Samartha Nidhi Limited
Samartha Nidhi has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramitha Somaiah Also directs: Samartha Capital Private Limited | Director | 02 Oct 2014 | 12 Years 1 Months | Current |
| Balakrishna Shanthila | Director | 02 Oct 2014 | 12 Years 1 Months | Current |
| Siddanna Praveen | Director | 26 Apr 2025 | 1 Years 6 Months | Current |
| Swarna Gowri | Director | 26 Apr 2025 | 1 Years 6 Months | Current |
| Anupama | Director | 26 Apr 2025 | 1 Years 6 Months | Current |
Shareholding
The shareholding of Samartha Nidhi Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Samartha Nidhi Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100734220 | Karnataka Bank Ltd. | ₹3.11 Cr | Open | |
| 08 May 2020 | 100336987 | Karnataka Bank Ltd. | ₹18.5 Lakh | Satisfied | |
| 20 Aug 2019 | 100283862 | Karnataka Bank Ltd. | ₹43.5 Lakh | Satisfied |
To see the full charge records of Samartha Nidhi Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Samartha Nidhi Limited has 374 court cases on record: 373 filed by Samartha Nidhi, 1 filed against it. 97 cases are pending and 277 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 374 | 1 | 97 |
Cases on record (5 of 374)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Samartha 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 Samartha Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Samartha Nidhi Limited has a workforce of 99 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Samartha Nidhi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS0656E1ZX | Karnataka | Active | 03 Dec 2018 |
To see the full GST registrations and return filing status of Samartha Nidhi Limited, buy the company report.
Recent activity
Samartha Nidhi Limited has 15 board changes on record since 2014: 5 appointments and 10 cessations. The latest: Anupama ceased to be Additional Director on 29 Sep 2025.
13 earlier events are in the company report.
Frequently asked questions
Samartha Nidhi is an active nidhi company based in Puttur, Karnataka, India. The company works in nbfc, within the financial services industry. It was incorporated on 02 October 2014 (12+ years old) and is registered under CIN U67100KA2014PLC076693.
Samartha Nidhi has 5 current directors:
- Ramitha Somaiah - Director
- Balakrishna Shanthila - Director
- Siddanna Praveen - Director
- Swarna Gowri - Director
- Anupama - Director
The latest financial statements of Samartha 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 2015 are in the company report.
The GSTIN of Samartha Nidhi is 29AAVCS0656E1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Samartha Nidhi is U67100KA2014PLC076693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samartha Nidhi has 374 court cases on record: 373 filed by the company and 1 filed against it. 97 are pending.
Samartha Nidhi was incorporated on 02 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Anupama ceased to be Additional Director on 29 Sep 2025. Siddanna Praveen ceased to be Additional Director on 29 Sep 2025. Swarna Gowri ceased to be Additional Director on 29 Sep 2025. Samartha Nidhi has 15 board changes on record in total.
Yes, Samartha Nidhi is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0020534).
Samartha Nidhi can be reached through the website samarthanidhi.com. Its registered office is in Puttur, Karnataka, India.

