Nido Home Finance Limited

Provides housing finance services with focus on low-ticket-sized home loans.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Nido Home Finance Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 69.35 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5,575.00 Cr
  • Satisfied Charges ₹ 5,362.43 Cr
  • Revenue Growth -13.47%
  • Profit Growth 16.34%
  • Ebitda -8.88%
  • Net Worth 2.17%
  • Total Assets -4.31%

About Nido Home Finance

Nido Home Finance Limited (NHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 May 2008 and has a history of 16 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Edelweiss Housing Finance 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 75.00 Cr and a paid-up capital of Rs 69.35 Cr.

The company currently has active open charges totaling ₹5,575.00 Cr. The company has closed loans amounting to ₹5,362.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nido Home Finance Limited India are Archana Nadgouda as Company Secretary, Kiran Todi as Cfo, and Rajat Avasthi as Ceo. Sunil Phatarphekar, Deepak Mittal, Gautam Chatterjee, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65922MH2008PLC182906

  • Company No.

    182906

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 May 2008

  • Date of AGM

    26 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Nido Home Finance?

Executive Team (3)

Name Designation Appointment Date Status
Rajat Avasthi Country flag representing In Managing Director 23-Sep-2020 Current
Archana Nadgouda Country flag representing In Company Secretary 10-Apr-2024 Current
Kiran Todi CFO 10-Apr-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Deepak Mittal Country flag representing In Director 14-Oct-2019 Current
Biswamohan Mahapatra Country flag representing In Director 29-Oct-2020 Current
Sunil Phatarphekar Country flag representing In Director 13-Apr-2020 Current
Gautam Chatterjee Country flag representing In Director 16-Sep-2021 Current
Shama Asnani Country flag representing In Director 29-Mar-2023 Current

Financial Performance of Nido Home Finance.

Nido Home Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.47% decrease. The company also saw a substantial improvement in profitability, with a 16.34% increase in profit. The company's net worth moved up by a moderate rise of 2.17%.

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
-13.47%
Revenue from Operations
-13.78%
Total Assets
-4.31%
Profit or Loss
16.34%
Net Worth
2.17%
EBITDA
-8.88%

What is the Ownership and Shareholding Structure of Nido Home Finance?

In 2023, Nido Home Finance had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,575.00 Cr

Satisfied Charges

₹5,362.43 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 2715.00 Cr
  • Idbi Trusteeship Services Limited : 2000.00 Cr
  • Others : 790.00 Cr
  • National Housing Bank : 70.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Nov 2023 Others ₹50.00 Cr Open
15 Sep 2023 Others ₹84.86 Cr Open
30 Sep 2022 Others ₹11.02 Cr Open
29 Apr 2022 Others ₹275.91 Cr Open
02 Aug 2021 Others ₹4.75 M Open

How Many Employees Work at Nido Home Finance?

Nido Home Finance has a workforce of 611 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nido Home Finance, 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 Nido Home Finance'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 Nido Home Finance

Recent activity within the organization

  • Annual General Meeting

    Nido Home Finance Limited last Annual general meeting of members was held on 26 Jun 2024 as per latest MCA records.

    26 Jun 2024

  • Director Appointment

    Archana Pravin Nadgouda was appointed as a Company Secretary was appointed as a Company Secretary on 10 Apr 2024 & has been associated with this company since 9 months 29 days .

    10 Apr 2024

  • Director Appointment

    Kiran Agarwal Todi was appointed as a Cfo was appointed as a Cfo on 10 Apr 2024 & has been associated with this company since 9 months 29 days .

    10 Apr 2024

  • Balance Sheet

    Nido Home Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100834104 was registered on 22 Nov 2023.

    22 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 84.86 Cr with Charge ID 100833854 was registered on 15 Sep 2023.

    15 Sep 2023

Frequently asked questions

  • Nido Home Finance Limited was incorporated on 30 May 2008.

  • The authorized share capital of Nido Home Finance Limited is ₹ 75.00 Cr and paid-up capital is ₹ 69.35 Cr.

  • Currently 9 directors are associated with Nido Home Finance Limited.

    • Sunil Nawal Phatarphekar
    • Deepak Mittal
    • Gautam Chatterjee
    • Biswamohan Mahapatra
    • Rajat Ravi Avasthi
    • Shama Asnani
    • Archana Pravin Nadgouda
    • Kiran Agarwal Todi
    • Rajat Ravi Avasthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nido Home Finance Limited is Tower 3 5Th Floor Wing B Kohinoor City Mall Kohinoor City Kirol Road Kurla (West), Mumbai, Maharashtra, India, 400070.

  • The corporate identification number (CIN) of Nido Home Finance Limited is U65922MH2008PLC182906 and the company number is 182906 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nido Home Finance Limited is https://www.nidohomefin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nido Home Finance Limited has fallen by -13.47%.

  • As Per 2023 financial reports, 611 employees are currently employed by Nido Home Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nido Home Finance Limited has experienced an upsurge of 2.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nido Home Finance Limited amount to ₹ 5,575.00 Cr.

  • The most recent Balance Sheet for Nido Home Finance Limited was filed with the ROC on 31 Mar 2024.

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