East West Nidhi Limited

Provides loans against jewelry, properties, and deposits.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 19, 2024

East West Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.47 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -6.59%
  • Profit Growth 1.21%
  • Ebitda -14.25%
  • Net Worth 11.87%
  • Total Assets 4.31%

About East West Nidhi

East West Nidhi Limited (EWNL) is a Nidhi Limited Company incorporated in India on 20 October 1994 and has a history of 30 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as East West Benefit Fund Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.47 M, as per Ministry of Corporate Affairs (MCA) records.

Kalahasti Munirathnam, Srinivasan Sundaram, Malempati Krishnamurthy, and Four other members 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

    U65991TN1994PLC028980

  • Company No.

    028980

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    20 Oct 1994

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (7)

Name Designation Appointment Date Status
Kalahasti Munirathnam Country flag representing In Director 27-Jan-2023 Current
Srinivasan Sundaram Country flag representing In Director 30-Sep-2020 Current
Malempati Krishnamurthy Country flag representing In Director 25-Feb-2015 Current
Uttamkumar Karthik Country flag representing In Director 19-Feb-2016 Current
Thambi Abinaya Country flag representing In Director 25-Sep-2017 Current
Indira Country flag representing In Director 31-Oct-2020 Current

Financial Performance of East West Nidhi.

East West Nidhi Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 6.59% decrease. The company also saw a slight improvement in profitability, with a 1.21% increase in profit. The company's net worth Soared by an impressive increase of 11.87%.

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
-6.59%
Revenue from Operations
-6.59%
Total Assets
4.31%
Profit or Loss
1.21%
Net Worth
11.87%
EBITDA
-14.25%

What is the Ownership and Shareholding Structure of East West Nidhi?

In 2019, East West Nidhi had a promoter holding of 9.50% and a public holding of 90.50%. 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 East West Nidhi?

Unlock and access historical data on people associated with East West 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 East West 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 East West 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 East West Nidhi

Recent activity within the organization

  • Annual General Meeting

    East West Nidhi Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    East West Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Kalahasti Munirathnam was appointed as a Director was appointed as a Director on 27 Jan 2023 & has been associated with this company since 2 years 16 days .

    27 Jan 2023

  • Director Appointment

    Shanmugam Saravanan was appointed as a Director was appointed as a Director on 27 Sep 2021 & has been associated with this company since 3 years 4 months .

    27 Sep 2021

  • Director Appointment

    Indira was appointed as a Director was appointed as a Director on 31 Oct 2020 & has been associated with this company since 4 years 3 months .

    31 Oct 2020

  • Director Appointment

    Srinivasan Sundaram was appointed as a Director was appointed as a Director on 30 Sep 2020 & has been associated with this company since 4 years 4 months .

    30 Sep 2020

Frequently asked questions

  • East West Nidhi Limited was incorporated on 20 Oct 1994.

  • The authorized share capital of East West Nidhi Limited is ₹ 5.00 M and paid-up capital is ₹ 2.47 M.

  • Currently 7 directors are associated with East West Nidhi Limited.

    • Kalahasti Munirathnam
    • Srinivasan Sundaram
    • Malempati Krishnamurthy
    • Uttamkumar Preetam Karthik
    • Thambi Kalaignan Abinaya
    • Indira
    • Shanmugam Saravanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of East West Nidhi Limited is F-41/5 First Floor, Main Road Anna Nagar East India, Chennai, Tamil Nadu, 600102.

  • The corporate identification number (CIN) of East West Nidhi Limited is U65991TN1994PLC028980 and the company number is 028980 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for East West Nidhi Limited has fallen by -6.59%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of East West Nidhi Limited has experienced an upsurge of 11.87%.

  • The most recent Balance Sheet for East West Nidhi Limited was filed with the ROC on 31 Mar 2024.