Sonwanes Nidhi Limited
About Sonwanes Nidhi Limited
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Sonwanes Nidhi Limited is a nidhi company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2018PLC309840.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.35 Lakh. It is led by directors including Basker Sonwane Prabakar and Sunil Kadam Sakharam.
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. 1 1st Floor The Great Indira Nagar, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.64 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹26,851 (net margin 16.4%) and EBITDA of ₹71,237 (EBITDA margin 43.5%).
Company details
Contact details
Sonwanes Nidhi Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 1 1st Floor The Great Indira Nagar, Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sonwanes 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 Sonwanes 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 Sonwanes Nidhi Limited, buy the company report.
Financials of Sonwanes Nidhi Limited
FY 2021 filings availableSonwanes Nidhi Limited reported revenue of ₹1.64 Lakh (down 74% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. EBITDA rose 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
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| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹71,237 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26,851 | ||
| 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 | |||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 43.5% | ||
| Net Profit Margin | 16.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Sonwanes Nidhi Limited, buy the company report.
Board of directors of Sonwanes Nidhi Limited
Sonwanes Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basker Sonwane Prabakar | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Sunil Kadam Sakharam | Director | 24 May 2018 | 8 Years 5 Months | Current |
| Girrdar Sonaawane Prabhakar | Director | 24 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Sonwanes Nidhi Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Digital Save Future Nidhi Limited | ₹1.64 Lakh (FY 2020) | Vrindavan, Uttar Pradesh, India | ||||
| Rugain Finance Private Limited | ₹1.64 Lakh (FY 2021) | -86.0% | Jabalpur, Madhya Pradesh, India | |||
| Sonwanes Nidhi Limitedthis company | ₹1.64 Lakh (FY 2021) | ₹26,851 | 16.4% | -74.0% | Mumbai, Maharashtra, India | |
| Neon Marketing Pvt Ltd | ₹1.63 Lakh (FY 2025) | 502.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sonwanes Nidhi Limited, buy the company report.
Auditor
Sonwanes Nidhi Limited is audited by P R SHETYE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R SHETYE & CO | FY 2019 | 110113W |
Shareholding
The shareholding of Sonwanes Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sonwanes Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sonwanes Nidhi Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sonwanes 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 Sonwanes Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sonwanes Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Basker Sonwane Prabakar was appointed as Director on 24 May 2018.
Frequently asked questions
Sonwanes Nidhi is an active nidhi company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 May 2018 (8+ years old) and is registered under CIN U65990MH2018PLC309840.
Sonwanes Nidhi has 3 current directors:
- Basker Sonwane Prabakar - Director
- Sunil Kadam Sakharam - Director
- Girrdar Sonaawane Prabhakar - Director
The latest financial statements of Sonwanes 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Sonwanes Nidhi is U65990MH2018PLC309840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonwanes Nidhi was incorporated on 24 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sonwanes Nidhi by revenue are Digital Save Future Nidhi Limited, Rugain Finance Private Limited, Neon Marketing Pvt Ltd, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Basker Sonwane Prabakar was appointed as Director on 24 May 2018. Girrdar Sonaawane Prabhakar was appointed as Director on 24 May 2018. Sunil Kadam Sakharam was appointed as Director on 24 May 2018.
The registered office of Sonwanes Nidhi is at Shop No. 1 1st Floor The Great Indira Nagar, Mumbai, Maharashtra, India – 400059.
Sonwanes Nidhi operates in the financial services industry, in the diversified financial services segment.
Sonwanes Nidhi can be reached at its registered office: Shop No. 1 1st Floor The Great Indira Nagar, Mumbai, Maharashtra, India – 400059.
Sonwanes Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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