
STM Nidhi Limited
About STM Nidhi Limited
Data last updated:
STM Nidhi Limited is a nidhi company based in Nagpur, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 26 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2020PLN350757.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹16.84 Lakh. It is led by directors including Sanjay Rambhau Bulley and Sunita Nandkishor Alone.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 1146 Ring Road Ashirwad Nagar, Nagpur, Maharashtra, India – 440024.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.67 Lakh, a growth of 121% compared to the previous year. For the same year it recorded a net loss of ₹34,858 (net margin -2.4%) and EBITDA of ₹5.83 Lakh (EBITDA margin 39.7%).
Company details
Contact details
STM Nidhi Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressPlot No 1146 Ring Road Ashirwad Nagar, Nagpur, Maharashtra, India – 440024
- IndustryFinancial Services, Other Financial Intermediation
- 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 STM 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 STM Nidhi Limited, buy the company report.
Financials of STM Nidhi Limited
FY 2023 filings availableSTM Nidhi Limited reported revenue of ₹14.67 Lakh (up 121% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| 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 | ₹5.83 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹34,858 | ||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 39.7% | ||
| Net Profit Margin | -2.4% | ||
| 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 STM Nidhi Limited, buy the company report.
Board of directors of STM Nidhi Limited
STM Nidhi has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Rambhau Bulley | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
| Sunita Nandkishor Alone | Director | 26 Nov 2020 | 5 Years 11 Months | Current |
| Arun Laxmanrao Raut | Director | 26 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
STM Nidhi Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Yadhadri Chit Funds Private Limited | ₹14.69 Lakh (FY 2019) | -7.0% | Warangal, Telangana, India | |||
| C and R 360 Solutions Private Limited | ₹14.69 Lakh (FY 2024) | 49.0% | Gwalior, Madhya Pradesh, India | |||
| Rees Chits Private Limited | ₹14.68 Lakh (FY 2025) | 63.0% | Ernakulam, Kerala, India | |||
| Monnet Equity Services Pvt. Ltd. | ₹14.68 Lakh (FY 2023) | 0.0% | Kolkata, West Bengal, India | |||
| Shrinathji Commodities Private Limited | ₹14.68 Lakh (FY 2019) | -87.0% | Kolkata, West Bengal, India | |||
| STM Nidhi Limitedthis company | ₹14.67 Lakh (FY 2023) | -₹34,858 | -2.4% | 121.0% | Nagpur, Maharashtra, India | |
| Century Polytex Limited | ₹14.67 Lakh (FY 2025) | 23.0% | Kanpur, Uttar Pradesh, India | |||
| Lakshmi Prabha Chit Funds Private Limited | ₹14.67 Lakh (FY 2025) | -37.0% | Salem, Tamil Nadu, India | |||
| Cheeranvelil Chit Funds Private Limited | ₹14.67 Lakh (FY 2025) | -2.0% | Kanjirapally, Kerala, India | |||
| Anantham Benefit Fund Limited | ₹14.67 Lakh (FY 2025) | 8.0% | Tamil Nadu, India | |||
| Vishwas Urban Multipurpose Nidhi Limited | ₹14.67 Lakh (FY 2024) | 2.0% | Ahmednagar, Maharashtra, India |
To see the full peer comparison of STM Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving STM 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 STM 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 STM Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
STM Nidhi Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Sanjay Rambhau Bulley ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
STM Nidhi is an active nidhi company based in Nagpur, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 26 November 2020 (6+ years old) and is registered under CIN U65990MH2020PLN350757.
STM Nidhi has 3 current directors:
- Sanjay Rambhau Bulley - Director
- Sunita Nandkishor Alone - Director
- Arun Laxmanrao Raut - Director
The latest financial statements of STM Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of STM Nidhi is U65990MH2020PLN350757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
STM Nidhi was incorporated on 26 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of STM Nidhi by revenue are Yadhadri Chit Funds Private Limited, C and R 360 Solutions Private Limited, Rees Chits Private Limited, Monnet Equity Services Pvt. Ltd, Shrinathji Commodities Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sanjay Rambhau Bulley ceased to be Additional Director on 30 Sep 2022. Moreshwar Donadkar ceased to be Director on 09 Sep 2022. Sanjay Rambhau Bulley was appointed as Director on 11 Jul 2022. STM Nidhi has 6 board changes on record in total.
The registered office of STM Nidhi is at Plot No 1146 Ring Road Ashirwad Nagar, Nagpur, Maharashtra, India – 440024.
STM Nidhi operates in the financial services industry, in the other financial intermediation segment.
STM Nidhi can be reached at its registered office: Plot No 1146 Ring Road Ashirwad Nagar, Nagpur, Maharashtra, India – 440024.
STM Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.

