Andavar Nidhi Limited

Offers financial, investment, and insurance services with mutual loans.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 18, 2025

Andavar Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.62 M
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 24.03%
  • Profit Growth 45.73%
  • Ebitda 35.18%
  • Net Worth 6.48%
  • Total Assets 4.42%

About Andavar Nidhi

Andavar Nidhi Limited (ANL) is a Nidhi Limited Company incorporated in India on 25 August 2017 (Seven years and six months 2 days old ). Its registered office is in Chennai, Tamil Nadu, 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 1.00 M and a paid-up capital of Rs 0.62 M, as per Ministry of Corporate Affairs (MCA) records.

Sathyanarayanan Anthonybhasker, Palamalai Sathyanarayanan, and Philip Seles serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999TN2017PLC118288

  • Company No.

    118288

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    25 Aug 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Sathyanarayanan Anthonybhasker Country flag representing In Director 25-Aug-2017Current
Palamalai Sathyanarayanan Country flag representing In Director 25-Aug-2017Current
Philip Seles Country flag representing In Director 16-Sep-2020Current

Financial Performance of Andavar Nidhi.

Andavar Nidhi Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.03% increase. The company also saw a substantial improvement in profitability, with a 45.73% increase in profit. The company's net worth moved up by a moderate rise of 6.48%.

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
24.03%
Revenue from Operations
24.03%
Total Assets
4.42%
Profit or Loss
45.73%
Net Worth
6.48%
EBITDA
35.18%

What is the Ownership and Shareholding Structure of Andavar Nidhi?

In 2023, Andavar Nidhi had a promoter holding of 81.23% and a public holding of 18.77%. 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 Andavar Nidhi?

Unlock and access historical data on people associated with Andavar 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 Andavar 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 Andavar 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 Andavar Nidhi

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Philip Raja Preethi Seles was appointed as a Director was appointed as a Director on 16 Sep 2020 & has been associated with this company since 4 years 5 months .

    16 Sep 2020

  • Director Appointment

    Sathyanarayanan Anthonybhasker was appointed as a Director was appointed as a Director on 25 Aug 2017 & has been associated with this company since 7 years 6 months .

    25 Aug 2017

  • Director Appointment

    Palamalai Sathyanarayanan was appointed as a Director was appointed as a Director on 25 Aug 2017 & has been associated with this company since 7 years 6 months .

    25 Aug 2017

  • Company Incorporation

    Andavar Nidhi Limited was registered on 25 Aug 2017 with Roc Chennai & aged 7 years 6 months as per MCA records.

    25 Aug 2017

Frequently asked questions

  • Andavar Nidhi Limited was incorporated on 25 Aug 2017.

  • The authorized share capital of Andavar Nidhi Limited is ₹ 1.00 M and paid-up capital is ₹ 0.62 M.

  • Currently 3 directors are associated with Andavar Nidhi Limited.

    • Sathyanarayanan Anthonybhasker
    • Palamalai Sathyanarayanan
    • Philip Raja Preethi Seles
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andavar Nidhi Limited is Flat No.A-4 Plot No.6 Door No.27 Gopalamenon Road, Kodambakkam India, Chennai, Tamil Nadu, 600024.

  • The corporate identification number (CIN) of Andavar Nidhi Limited is U65999TN2017PLC118288 and the company number is 118288 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Andavar Nidhi Limited has risen by 24.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Andavar Nidhi Limited has experienced an upsurge of 6.48%.

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

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