Aasvas Nidhi Limited

Financial company providing loans and savings services, with a focus on women entrepreneurs.

2016 | Ernakulam, Kerala (India) | Active
Last Updated: December 31, 2024

Aasvas Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.16 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 236.74%
  • Profit Growth 812.34%
  • Ebitda 361.84%
  • Net Worth 31.60%
  • Total Assets 222.52%

About Aasvas Nidhi

Aasvas Nidhi Limited (ANL) is a Nidhi Limited Company incorporated in India on 30 November 2016 (Eight years and two months 3 days old ). Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.16 M, as per Ministry of Corporate Affairs (MCA) records.

Sreejith Sudhakaran, Ratheesh Ramakrishnan, and Balakrishna Menon serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65929KL2016PLC047400

  • Company No.

    047400

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    30 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Aasvas Nidhi?

Board Members (3)

Name Designation Appointment Date Status
Sreejith Sudhakaran Country flag representing In Director 30-Nov-2016 Current
Ratheesh Ramakrishnan Country flag representing In Director 23-Mar-2022 Current
Balakrishna Menon Country flag representing In Director 26-Jun-2023 Current

Financial Performance of Aasvas Nidhi.

Aasvas Nidhi Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 236.74% increase. The company also saw a substantial improvement in profitability, with a 812.34% increase in profit. The company's net worth Soared by an impressive increase of 31.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
236.74%
Revenue from Operations
252.86%
Total Assets
222.52%
Profit or Loss
812.34%
Net Worth
31.60%
EBITDA
361.84%

What is the Ownership and Shareholding Structure of Aasvas Nidhi?

In 2021, Aasvas Nidhi had a promoter holding of 50.73% and a public holding of 49.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Aasvas Nidhi?

Unlock and access historical data on people associated with Aasvas Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aasvas Nidhi, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aasvas Nidhi's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aasvas Nidhi

Recent activity within the organization

  • Annual General Meeting

    Aasvas Nidhi Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Balakrishna Menon Manoj Menon was appointed as a Director was appointed as a Director on 26 Jun 2023 & has been associated with this company since 1 year 7 months .

    26 Jun 2023

  • Balance Sheet

    Aasvas Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Director Appointment

    Ratheesh Ramakrishnan was appointed as a Director was appointed as a Director on 23 Mar 2022 & has been associated with this company since 2 years 10 months .

    23 Mar 2022

  • Director Appointment

    Sreejith Sudhakaran was appointed as a Director was appointed as a Director on 30 Nov 2016 & has been associated with this company since 8 years 2 months .

    30 Nov 2016

  • Company Incorporation

    Aasvas Nidhi Limited was registered on 30 Nov 2016 with Roc Ernakulam & aged 8 years 2 months as per MCA records.

    30 Nov 2016

Frequently asked questions

  • Aasvas Nidhi Limited was incorporated on 30 Nov 2016.

  • The authorized share capital of Aasvas Nidhi Limited is ₹ 5.00 M and paid-up capital is ₹ 2.16 M.

  • Currently 3 directors are associated with Aasvas Nidhi Limited.

    • Sreejith Sudhakaran
    • Ratheesh Ramakrishnan
    • Balakrishna Menon Manoj Menon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aasvas Nidhi Limited is Room No:10 Xxi/656 N4 2Nd Floor Lotus City Centre Near Statue Junction, India, Tripunithura, Kerala, 682301.

  • The corporate identification number (CIN) of Aasvas Nidhi Limited is U65929KL2016PLC047400 and the company number is 047400 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aasvas Nidhi Limited is https://www.aasvasnidhi.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Aasvas Nidhi Limited has risen by 236.74%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Aasvas Nidhi Limited has experienced an upsurge of 31.60%.

  • The most recent Balance Sheet for Aasvas Nidhi Limited was filed with the ROC on 31 Mar 2023.

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