Sevenam Nidhi Limited
About Sevenam Nidhi Limited
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Sevenam Nidhi Limited is a nidhi company based in Alappuzha, Kerala, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2019PLN059815.
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹27.83 Lakh. It is led by directors including Tothukkal Ramakrishnan Thrideep Kumar and Padmakumar Shenoi.
Its last annual general meeting (AGM) was held on 12 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mirash Bhavan Pattanakad P.O Andhakaranazhy Cherthala, Alappuzha, Kerala, India – 688531.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.24 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹5,554 (net margin 0.3%) and EBITDA of ₹5.79 Lakh (EBITDA margin 35.6%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years.
As per MCA filings, the company has open charges of ₹1.17 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Sevenam Nidhi Limited's registered office is in Alappuzha, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressMirash Bhavan Pattanakad P.O Andhakaranazhy Cherthala, Alappuzha, Kerala, India – 688531
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sevenam 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 Sevenam 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 Sevenam Nidhi Limited, buy the company report.
Financials of Sevenam Nidhi Limited
FY 2023 filings availableSevenam Nidhi Limited reported revenue of ₹16.24 Lakh (down 46% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 127%. EBITDA fell 49% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | ||||
| EBITDA | ₹5.79 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5,554 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 35.6% | |||
| Net Profit Margin | 0.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Sevenam Nidhi Limited, buy the company report.
Board of directors of Sevenam Nidhi Limited
Sevenam Nidhi has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tothukkal Ramakrishnan Thrideep Kumar Also directs: Muhamma Seva Agro Producer Company Limited | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Padmakumar Shenoi Also directs: Otio Entertainments Private Limited, Carttal Trading Private Limited, Shenois Provisions Limited and 5 more | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Dhanwantharimadom Suseela Bai Also directs: Shenois Add Creations Limited, Four Bulls Trading Private Limited, Kelly's Restaurant Private Limited and 1 more | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Satheesh Shenoi Shenoi P Also directs: Otio Entertainments Private Limited, Carttal Trading Private Limited, Shenois Provisions Limited and 3 more | Additional Director | 21 Nov 2019 | 6 Years 11 Months | Current |
| Geetha Dasappan Also directs: Vhind Share and Protect Nidhi Limited | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Sevenam Nidhi Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Senka Nidhi Limited | ₹16.25 Lakh (FY 2023) | -20.0% | Chennai, Tamil Nadu, India | |||
| Quant Broking Private Limited | ₹16.25 Lakh (FY 2025) | 172.0% | Mumbai, Maharashtra, India | |||
| Abcl Rich Consultants Private Limited | ₹16.25 Lakh (FY 2024) | 68.0% | Lucknow, Uttar Pradesh, India | |||
| Adesh Nidhi Limited | ₹16.25 Lakh (FY 2021) | 21.0% | Sawai Madhopur, Rajasthan, India | |||
| Sevenam Nidhi Limitedthis company | ₹16.24 Lakh (FY 2023) | ₹5,554 | 0.3% | -46.0% | Alappuzha, Kerala, India | |
| Swaminatha Swami (Swamimalai) Nidhi Limited | ₹16.23 Lakh (FY 2023) | 68.0% | Kumbakonam, Tamil Nadu, India |
To see the full peer comparison of Sevenam Nidhi Limited, buy the company report.
Auditor
Sevenam Nidhi Limited is audited by KRISHNAPRASAD V BHAT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAPRASAD V BHAT & CO | FY 2020 | 016196S |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2022 | 100624045 | Others | ₹9 Lakh | Open | |
| 09 Feb 2021 | 100423818 | The South Indian Bank Limited | ₹1.08 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Sevenam Nidhi Limited has 1 court case on record: 1 filed by Sevenam Nidhi. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India and 3 others | Disposed |
To see the full case history of Sevenam 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 Sevenam 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 Sevenam Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sevenam Nidhi Limited has 5 board changes on record since 2019: 5 appointments. The latest: Satheesh Shenoi Shenoi P was appointed as Additional Director on 21 Nov 2019.
Frequently asked questions
Sevenam Nidhi is an active nidhi company based in Alappuzha, Kerala, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 September 2019 (7+ years old) and is registered under CIN U65929KL2019PLN059815.
Sevenam Nidhi has 5 current directors:
- Tothukkal Ramakrishnan Thrideep Kumar - Director
- Padmakumar Shenoi - Director
- Dhanwantharimadom Suseela Bai - Director
- Satheesh Shenoi Shenoi P - Additional Director
- Geetha Dasappan - Director
The latest financial statements of Sevenam Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 12 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Sevenam Nidhi is U65929KL2019PLN059815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sevenam Nidhi has 1 court case on record: 1 filed by the company.
Sevenam Nidhi was incorporated on 30 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sevenam Nidhi by revenue are Senka Nidhi Limited, Quant Broking Private Limited, Abcl Rich Consultants Private Limited, Adesh Nidhi Limited, Swaminatha Swami (Swamimalai) Nidhi Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Satheesh Shenoi Shenoi P was appointed as Additional Director on 21 Nov 2019. Dhanwantharimadom Suseela Bai was appointed as Director on 30 Sep 2019. Geetha Dasappan was appointed as Director on 30 Sep 2019. Sevenam Nidhi has 5 board changes on record in total.
The registered office of Sevenam Nidhi is at Mirash Bhavan Pattanakad P.O Andhakaranazhy Cherthala, Alappuzha, Kerala, India – 688531.
Sevenam Nidhi operates in the financial services industry, in the diversified financial services segment.
Sevenam Nidhi has open charges of ₹1.17 Cr and no satisfied charges on record as per latest MCA filings.
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