Sharp Way Mutual Benefit Nidhi Limited

Sharp Way Mutual Benefit Nidhi Limited - financial services in Navsari, Gujarat, India. FY 2026 financials & compliance.
CIN U65990GJ2019PLC109169 Incorporated 18 July 2019 ROC Ahmedabad HQ Navsari, Gujarat, India
Active Nidhi Company financial services
Revenue · FY 2021
₹32,060
▲ 19% YoY
Net loss · FY 2021
₹13.99 Lakh
Latest filing
EBITDA · FY 2021
-₹12.17 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2021
Balance sheet date

About Sharp Way Mutual Benefit Nidhi Limited

Data last updated:

Sharp Way Mutual Benefit Nidhi Limited is a nidhi company based in Navsari, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 18 July 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65990GJ2019PLC109169.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Alpeshbhai Sumanbhai Patel and Hemanginibahen Ramabhai Patel.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No – 1137/1 B R B Com Fal Vansda, Navsari, Gujarat, India – 396580.

As per the financials filed for FY 2021, the company reported a revenue of ₹32,060, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹13.99 Lakh and EBITDA of -₹12.17 Lakh.

Company details

CIN U65990GJ2019PLC109169
Registration Number 109169
Incorporation Date 18 July 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active

Contact details

Sharp Way Mutual Benefit Nidhi Limited's registered office is in Navsari, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shop No – 1137/1 B R B Com Fal Vansda, Navsari, Gujarat, India – 396580
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Sharp Way Mutual Benefit Nidhi Limited, buy the company report.

Comprehensive company report
Sharp Way Mutual Benefit Nidhi Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Sharp Way Mutual Benefit Nidhi is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Sharp Way Mutual Benefit Nidhi Limited, buy the company report.

Financials of Sharp Way Mutual Benefit Nidhi Limited

FY 2021 filings available

Sharp Way Mutual Benefit Nidhi Limited reported revenue of ₹32,060 (up 19% YoY) for FY 2021.

Revenue · FY 2021
₹32,060 ▲ 19%
Net loss · FY 2021
₹13.99 Lakh
EBITDA · FY 2021
-₹12.17 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
EBITDA CAGR growth
1 year
▼ 48%

Revenue rose 19% in the latest year. EBITDA fell 48% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹12.17 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.99 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Sharp Way Mutual Benefit Nidhi Limited, buy the company report.

Board of directors of Sharp Way Mutual Benefit Nidhi Limited

Sharp Way Mutual Benefit Nidhi has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Alpeshbhai Sumanbhai PatelDirector18 Jul 20197 Years 3 MonthsCurrent
Hemanginibahen Ramabhai PatelDirector18 Jul 20197 Years 3 MonthsCurrent
Varshaben Rambhai PatelDirector18 Jul 20197 Years 3 MonthsCurrent

Auditor

Sharp Way Mutual Benefit Nidhi Limited is audited by DEEPANKAR SAMADDAR & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
DEEPANKAR SAMADDAR & ASSOCIATESFY 2020013137C

Shareholding

The shareholding of Sharp Way Mutual Benefit Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Sharp Way Mutual Benefit Nidhi Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sharp Way Mutual Benefit 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 Sharp Way Mutual Benefit Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Sharp Way Mutual Benefit Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Alpeshbhai Sumanbhai Patel was appointed as Director on 18 Jul 2019.

AGM
Sharp Way Mutual Benefit Nidhi Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Sharp Way Mutual Benefit Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Appointed
Alpeshbhai Sumanbhai Patel was appointed as Director.
Appointed
Hemanginibahen Ramabhai Patel was appointed as Director.
Appointed
Varshaben Rambhai Patel was appointed as Director.
Incorporation
18 Jul 2019
Sharp Way Mutual Benefit Nidhi Limited was registered on 18 Jul 2019 with Roc Ahmedabad & aged 7 years 4 months as per MCA records.

Frequently asked questions

Sharp Way Mutual Benefit Nidhi is an active nidhi company based in Navsari, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 18 July 2019 (7+ years old) and is registered under CIN U65990GJ2019PLC109169.

Sharp Way Mutual Benefit Nidhi has 3 current directors:

The latest financial statements of Sharp Way Mutual Benefit Nidhi on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Sharp Way Mutual Benefit Nidhi is U65990GJ2019PLC109169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sharp Way Mutual Benefit Nidhi was incorporated on 18 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Alpeshbhai Sumanbhai Patel was appointed as Director on 18 Jul 2019. Hemanginibahen Ramabhai Patel was appointed as Director on 18 Jul 2019. Varshaben Rambhai Patel was appointed as Director on 18 Jul 2019.

The registered office of Sharp Way Mutual Benefit Nidhi is at Shop No – 11371 B R B Com Fal Vansda, Navsari, Gujarat, India – 396580.

Sharp Way Mutual Benefit Nidhi operates in the financial services industry, in the diversified financial services segment.

Sharp Way Mutual Benefit Nidhi can be reached at its registered office: Shop No – 11371 B R B Com Fal Vansda, Navsari, Gujarat, India – 396580.

Sharp Way Mutual Benefit Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.