Vedage Nidhi Limited
About Vedage Nidhi Limited
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Vedage Nidhi Limited is a nidhi company based in Sultanpur, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65990UP2018PLC107076.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Shitala Prasad Singh and Vivek Kumar Singh.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Lambardar Ka Purwa Saurmau Sultanpur, Uttar Pradesh, India – 228001.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.55 Lakh, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹15,941 (net margin 4.5%) and EBITDA of ₹43,129 (EBITDA margin 12.1%).
Company details
Contact details
Vedage Nidhi Limited's registered office is in Sultanpur, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressLambardar Ka Purwa Saurmau Sultanpur, Uttar Pradesh, India – 228001
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Vedage 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 Vedage Nidhi is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Vedage Nidhi Limited, buy the company report.
Financials of Vedage Nidhi Limited
FY 2020 filings availableVedage Nidhi Limited reported revenue of ₹3.55 Lakh (up 119% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 119% in the latest year. EBITDA rose 102% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.55 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹43,129 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹15,941 | |
| 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.1% | |
| Net Profit Margin | 4.5% | |
| 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 Vedage Nidhi Limited, buy the company report.
Board of directors of Vedage Nidhi Limited
Vedage Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shitala Prasad Singh | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Vivek Kumar Singh | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Uday Bhan Singh Also directs: Vedage Insta Micrope Foundation | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Vedage Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dewdrop Merchants Private Limited | ₹3.61 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Bahety Finlease Company Private Limited | ₹3.6 Lakh (FY 2024) | -35.0% | Delhi, India | |||
| Srishti Farmers Nidhi Limited | ₹3.59 Lakh (FY 2023) | -71.0% | Azamgarh, Uttar Pradesh, India | |||
| Satyarth Nidhi Limited | ₹3.58 Lakh (FY 2023) | 1172.0% | Prayagraj, Uttar Pradesh, India | |||
| Shree Swastik Motor Finance Private Limited | ₹3.57 Lakh (FY 2025) | -11.0% | Delhi, India | |||
| Vedage Nidhi Limitedthis company | ₹3.55 Lakh (FY 2020) | ₹15,941 | 4.5% | 119.0% | Sultanpur, Uttar Pradesh, India | |
| Fineapply Consultancy Solutions Private Limited | ₹3.51 Lakh (FY 2025) | 17.0% | Vileparle, Mumbai, Maharashtra, India | |||
| Shrabanti Dhana Laxmi Fin Nidhi Limited | ₹3.5 Lakh (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Perilwise Business Solutions Private Limited | ₹3.49 Lakh (FY 2024) | -73.0% | Chennai, Tamil Nadu, India | |||
| Bhagyasooktham Chits Private Limited | ₹3.47 Lakh (FY 2017) | 34.0% | Thalassery, Kerala, India | |||
| Riparian Social Welfare Foundation | ₹3.47 Lakh (FY 2025) | -19.0% | Dimapur, Nagaland, India |
To see the full peer comparison of Vedage Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vedage 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 Vedage 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 Vedage Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vedage Nidhi Limited has 3 board changes on record since 2018: 3 appointments. The latest: Shitala Prasad Singh was appointed as Director on 21 Aug 2018.
Frequently asked questions
Vedage Nidhi is an active nidhi company based in Sultanpur, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 August 2018 (8+ years old) and is registered under CIN U65990UP2018PLC107076.
Vedage Nidhi has 3 current directors:
- Shitala Prasad Singh - Director
- Vivek Kumar Singh - Director
- Uday Bhan Singh - Director
The latest financial statements of Vedage Nidhi on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Vedage Nidhi is U65990UP2018PLC107076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedage Nidhi was incorporated on 21 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Vedage Nidhi by revenue are Dewdrop Merchants Private Limited, Bahety Finlease Company Private Limited, Srishti Farmers Nidhi Limited, Satyarth Nidhi Limited, Shree Swastik Motor Finance Private Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Shitala Prasad Singh was appointed as Director on 21 Aug 2018. Uday Bhan Singh was appointed as Director on 21 Aug 2018. Vivek Kumar Singh was appointed as Director on 21 Aug 2018.
The registered office of Vedage Nidhi is at Lambardar Ka Purwa Saurmau Sultanpur, Uttar Pradesh, India – 228001.
Vedage Nidhi operates in the financial services industry, in the other financial intermediation segment.
Vedage Nidhi can be reached at its registered office: Lambardar Ka Purwa Saurmau Sultanpur, Uttar Pradesh, India – 228001.
Vedage Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Uttar Pradesh.
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