Utkarsha Multiple Nidhi Limited
About Utkarsha Multiple Nidhi Limited
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Utkarsha Multiple Nidhi Limited is a nidhi company based in Shevgaon, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 13 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65929PN2017PLC172992.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹40.85 Lakh. It is led by directors including Dnyaneshwar Bappasaheb Tahakik and Bhausaheb Yadav Kshirsagar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurukul Complex First Floor Hall 1A Nagar Parishad Milkat Number – 5610/1A, Shevgaon, Maharashtra, India – 414502.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.51 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹2.82 Lakh (net margin -9.6%) and EBITDA of ₹16.48 Lakh (EBITDA margin 55.8%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 2% over five years.
Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Utkarsha Multiple Nidhi Limited's registered office is in Shevgaon, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGurukul Complex First Floor Hall 1A Nagar Parishad Milkat Number – 5610/1A, Shevgaon, Maharashtra, India – 414502
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Utkarsha Multiple 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 Utkarsha Multiple 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 Utkarsha Multiple Nidhi Limited, buy the company report.
Financials of Utkarsha Multiple Nidhi Limited
FY 2025 filings availableUtkarsha Multiple Nidhi Limited reported revenue of ₹29.51 Lakh (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 30% fall in the latest year. EBITDA fell 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.48 Lakh | ||||
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| Net Profit (PAT) | -₹2.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 55.8% | ||||
| Net Profit Margin | -9.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Utkarsha Multiple Nidhi Limited, buy the company report.
Board of directors of Utkarsha Multiple Nidhi Limited
Utkarsha Multiple Nidhi has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dnyaneshwar Bappasaheb Tahakik Also directs: Happylife Insurance Marketing Private Limited | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Bhausaheb Yadav Kshirsagar | Director | 13 Oct 2017 | 9 Years 0 Months | Current |
| Chandrakant Shrikisan Kharat Also directs: Happylife Insurance Marketing Private Limited | Director | 13 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Utkarsha Multiple 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 |
|---|---|---|---|---|---|---|
| Sri Dattapunyagiri Chits Private Limited | ₹29.55 Lakh (FY 2023) | -29.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Integra Capital Limited | ₹29.53 Lakh (FY 2025) | -76.0% | New Delhi, Delhi, India | |||
| Focus Agro Products Limited | ₹29.52 Lakh (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| JKJ Infratech Private Limited | ₹29.52 Lakh (FY 2025) | -54.0% | Delhi, India | |||
| DSS Portfolio Private Limited | ₹29.51 Lakh (FY 2017) | 2.0% | New Delhi, Delhi, India | |||
| Utkarsha Multiple Nidhi Limitedthis company | ₹29.51 Lakh (FY 2025) | -₹2.82 Lakh | -9.6% | -30.0% | Shevgaon, Maharashtra, India | |
| Mikarika Chits Private Limited | ₹29.5 Lakh (FY 2025) | -2.0% | Irinjalakuda, Kerala, India | |||
| Monica Forex Private Limited | ₹29.49 Lakh (FY 2025) | -32.0% | Chennai, Tamil Nadu, India | |||
| Unique Commercial Pvt Ltd | ₹29.49 Lakh (FY 2024) | -39.0% | Kolkata, West Bengal, India | |||
| Pankaj the Taxation Private Limited | ₹29.48 Lakh (FY 2021) | 441.0% | New Delhi, Delhi, India | |||
| Pune Multiple Nidhi Limited | ₹29.48 Lakh (FY 2022) | -16.0% | Pune, Maharashtra, India |
To see the full peer comparison of Utkarsha Multiple Nidhi Limited, buy the company report.
Legal cases
Utkarsha Multiple Nidhi Limited has 7 court cases on record: 7 filed by Utkarsha Multiple Nidhi. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Utkarsha Multiple 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 Utkarsha Multiple 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 Utkarsha Multiple Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Utkarsha Multiple Nidhi Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Chandrakant Shrikisan Kharat ceased to be Director on 04 Mar 2020.
Frequently asked questions
Utkarsha Multiple Nidhi is an active nidhi company based in Shevgaon, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 13 October 2017 (9+ years old) and is registered under CIN U65929PN2017PLC172992.
Utkarsha Multiple Nidhi has 3 current directors:
- Dnyaneshwar Bappasaheb Tahakik - Director
- Bhausaheb Yadav Kshirsagar - Director
- Chandrakant Shrikisan Kharat - Director
The latest financial statements of Utkarsha Multiple Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Utkarsha Multiple Nidhi is U65929PN2017PLC172992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkarsha Multiple Nidhi has 7 court cases on record: 7 filed by the company. 3 are pending.
Utkarsha Multiple Nidhi was incorporated on 13 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Utkarsha Multiple Nidhi by revenue are Sri Dattapunyagiri Chits Private Limited, Integra Capital Limited, Focus Agro Products Limited, JKJ Infratech Private Limited, DSS Portfolio Private Limited and 5 more, all in the same principal business activity (other financial activities).
Chandrakant Shrikisan Kharat ceased to be Director on 04 Mar 2020. Dnyaneshwar Bappasaheb Tahakik was appointed as Director on 20 Aug 2019. Rajendra Raosaheb Tahakik ceased to be Director on 20 Jun 2019. Utkarsha Multiple Nidhi has 5 board changes on record in total.
The registered office of Utkarsha Multiple Nidhi is at Gurukul Complex First Floor Hall 1A Nagar Parishad Milkat Number – 56101A, Shevgaon, Maharashtra, India – 414502.
Utkarsha Multiple Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Utkarsha Multiple Nidhi is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
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