Secureprime Nidhi Limited
About Secureprime Nidhi Limited
Data last updated:
Secureprime Nidhi Limited is a nidhi company based in Ernakulam, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2020PLN061692.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹87.69 Lakh. It is led by directors including Paul Pottackal and Sheena Varghese.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ernakulam, Kerala.
As per the financials filed for FY 2022, the company reported a revenue of ₹89.01 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹36,005 (net margin 0.4%) and EBITDA of ₹50.08 Lakh (EBITDA margin 56.3%).
Court records list 19 cases involving the company, including 19 filed by the company; 7 cases are pending.
Company details
Contact details
Secureprime Nidhi Limited's registered office is in Ernakulam, Kerala.
- Registered AddressRoom No. 16 First Floor, Penta Estate H. No. 35/1460C13, Ernakulam, Kerala, India – 682025
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 Secureprime 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 Secureprime Nidhi Limited, buy the company report.
Financials of Secureprime Nidhi Limited
FY 2022 filings availableSecureprime Nidhi Limited reported revenue of ₹89.01 Lakh (up 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹50.08 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹36,005 | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 56.3% | ||
| Net Profit Margin | 0.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Secureprime Nidhi Limited, buy the company report.
Board of directors of Secureprime Nidhi Limited
Secureprime Nidhi has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paul Pottackal Also directs: Royal Garden Ventures LLP | Director | 21 Aug 2020 | 6 Years 2 Months | Current |
| Sheena Varghese | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Jiho Mathai | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Sreyas Narayan | Director | 25 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Secureprime 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 |
|---|---|---|---|---|---|---|
| R K Rudra Chit Fund Private Limited | ₹90.43 Lakh (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Tripura Sundari Chit Funds Private Limited | ₹89.06 Lakh (FY 2022) | 47.0% | Rajahmundry, Andhra Pradesh, India | |||
| Secureprime Nidhi Limitedthis company | ₹89.01 Lakh (FY 2022) | ₹36,005 | 0.4% | 16.0% | Ernakulam, Kerala, India | |
| Amman Sri Vaishnavi Chits Private Limited | ₹88.66 Lakh (FY 2024) | 0.0% | Chennai, Tamil Nadu, India | |||
| Pallod Chit Funds Private Limited | ₹88.22 Lakh (FY 2025) | -17.0% | Zaheerabad, Telangana, India | |||
| Geethanvi Chit Funds Private Limited | ₹88.1 Lakh (FY 2025) | 24.0% | Hyderabad, Telangana, India | |||
| Rajaji Nagar Nidhi Limited | ₹88 Lakh (FY 2025) | 16.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Secureprime Nidhi Limited, buy the company report.
Legal cases
Secureprime Nidhi Limited has 19 court cases on record: 19 filed by Secureprime Nidhi. 7 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 0 | 7 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (MA(Arb)) | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Court case (MA(Arb)) | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Court case (MA(Arb)) | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Court case (MA(Arb)) | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Secureprime 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 Secureprime 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 Secureprime Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Secureprime Nidhi Limited has 8 board changes on record since 2020: 4 appointments and 4 cessations. The latest: Sreyas Narayan ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Secureprime Nidhi is an active nidhi company based in Ernakulam, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 February 2020 (6+ years old) and is registered under CIN U65929KL2020PLN061692.
Secureprime Nidhi has 4 current directors:
- Paul Pottackal - Director
- Sheena Varghese - Director
- Jiho Mathai - Director
- Sreyas Narayan - Director
The latest financial statements of Secureprime Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Secureprime Nidhi is U65929KL2020PLN061692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Secureprime Nidhi has 19 court cases on record: 19 filed by the company. 7 are pending. Most are in the district courts.
Secureprime Nidhi was incorporated on 21 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Secureprime Nidhi by revenue are R K Rudra Chit Fund Private Limited, Tripura Sundari Chit Funds Private Limited, Amman Sri Vaishnavi Chits Private Limited, Pallod Chit Funds Private Limited, Geethanvi Chit Funds Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Sreyas Narayan ceased to be Additional Director on 29 Sep 2024. Sreyas Narayan was appointed as Director on 25 May 2024. Mulamattathil Kumaran Sabu ceased to be Director on 16 Apr 2024. Secureprime Nidhi has 8 board changes on record in total.
The registered office of Secureprime Nidhi is at Room No. 16 First Floor, Penta Estate H. No. 351460C13, Ernakulam, Kerala, India – 682025.
Secureprime Nidhi operates in the financial services industry, in the other financial intermediation segment.
Secureprime Nidhi can be reached at its registered office: Room No. 16 First Floor, Penta Estate H. No. 351460C13, Ernakulam, Kerala, India – 682025.