Varghit Nidhi Limited
About Varghit Nidhi Limited
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Varghit Nidhi Limited is a nidhi company based in Jaunpur, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 13 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65999UP2019PLC113590.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mahtab Alam (Managing Director) and Manoj Kumar Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at C/O Ratnesh Kr Jaiswal Muni Lal Jaiswal Village Nai Bazar Mungra Badshahpur, Jaunpur, Uttar Pradesh, India – 222202.
As per the financials filed for FY 2020, the company reported a revenue of ₹59,250. For the same year it recorded a net profit of ₹13,508 (net margin 22.8%) and EBITDA of ₹16,342 (EBITDA margin 27.6%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varghit Nidhi Limited's registered office is in Jaunpur, Uttar Pradesh.
- Registered AddressC/O Ratnesh Kr Jaiswal Muni Lal Jaiswal Village Nai Bazar Mungra Badshahpur, Jaunpur, Uttar Pradesh, India – 222202
- 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 Varghit 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 Varghit Nidhi Limited, buy the company report.
Financials of Varghit Nidhi Limited
FY 2020 filings availableVarghit Nidhi Limited reported revenue of ₹59,250 for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹16,342 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹13,508 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 27.6% | |
| Net Profit Margin | 22.8% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Varghit Nidhi Limited, buy the company report.
Board of directors of Varghit Nidhi Limited
Varghit Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Mahtab Alam | Managing Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Manoj Kumar Gupta | Whole-Time Director | 13 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Varghit Nidhi Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Extensive Micro Finance Private Limited | ₹60,673 (FY 2023) | 117.0% | Rampur, Uttar Pradesh, India | |||
| Sree Gokulam Benefit Chit Funds Private Limited | ₹60,000 (FY 2025) | -33.0% | Chennai, Tamil Nadu, India | |||
| Varghit Nidhi Limitedthis company | ₹59,250 (FY 2020) | ₹13,508 | 22.8% | Jaunpur, Uttar Pradesh, India | ||
| Trijoginath Nidhi Limited | ₹58,297 (FY 2021) | Kolkata, West Bengal, India | ||||
| Cherubic Chits Private Limited | ₹57,134 (FY 2022) | -98.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Varghit Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varghit 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 Varghit 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 Varghit Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varghit Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Mahtab Alam was appointed as Managing Director on 13 Feb 2019.
Frequently asked questions
Varghit Nidhi is an active nidhi company based in Jaunpur, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 13 February 2019 (7+ years old) and is registered under CIN U65999UP2019PLC113590.
Varghit Nidhi has 3 current directors:
- Mahtab Alam - Managing Director
- Manoj Kumar Gupta - Whole-Time Director
- Sanjeev - Director
The latest financial statements of Varghit Nidhi on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Varghit Nidhi is U65999UP2019PLC113590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varghit Nidhi was incorporated on 13 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Varghit Nidhi by revenue are Extensive Micro Finance Private Limited, Sree Gokulam Benefit Chit Funds Private Limited, Trijoginath Nidhi Limited, Cherubic Chits Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Mahtab Alam was appointed as Managing Director on 13 Feb 2019. Manoj Kumar Gupta was appointed as Whole-Time Director on 13 Feb 2019. Sanjeev was appointed as Director on 13 Feb 2019.
The registered office of Varghit Nidhi is at CO Ratnesh Kr Jaiswal Muni Lal Jaiswal Village Nai Bazar Mungra Badshahpur, Jaunpur, Uttar Pradesh, India – 222202.
Varghit Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Varghit Nidhi is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Varghit Nidhi can be reached at its registered office: CO Ratnesh Kr Jaiswal Muni Lal Jaiswal Village Nai Bazar Mungra Badshahpur, Jaunpur, Uttar Pradesh, India – 222202.
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