Ernad Nidhi Limited

Offers various financial services including deposits, loans, and mortgages.

2016 | Malappuram, Kerala (India) | Active
Last Updated:

Ernad Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 27.55%
  • Profit Growth -51.23%
  • Ebitda 34.97%
  • Net Worth 26.01%
  • Total Assets 29.45%

About Ernad Nidhi

Ernad Nidhi Limited (ENL) is a Nidhi Limited Company incorporated in India on 05 February 2016 (Nine years and three months 17 days old ). Its registered office is in Malappuram, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Parol Sanjith, Vivek Bahuleyan, and Bahuleyan Nalupurakkal serve as directors at the Company.

Company Details

  • Location

    Malappuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65920KL2016PLC040078

  • Company No.

    040078

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    05 Feb 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services
Company report

Ernad Nidhi Limited

Explore comprehensive data for Ernad Nidhi Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vivek Bahuleyan Country flag representing In Managing Director05-Feb-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Parol Sanjith Country flag representing In Whole-Time Director 08-Sep-2016Current
Bahuleyan Nalupurakkal Country flag representing In Director 05-Feb-2016Current

Financial Performance of Ernad Nidhi.

Ernad Nidhi Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.55% increase. The company also saw a substantial fall in profitability, with a 51.23% decrease in profit. The company's net worth Soared by an impressive increase of 26.01%.

Ernad Nidhi revenue growth over time
Ernad Nidhi 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
27.55%
Revenue from Operations
25.66%
Total Assets
29.45%
Profit or Loss
-51.23%
Net Worth
26.01%
EBITDA
34.97%

What is the Ownership and Shareholding Structure of Ernad Nidhi?

In 2020, Ernad Nidhi had a promoter holding of 86.06% and a public holding of 13.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2020The South Indian Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Ernad Nidhi?

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

Employee growth trends for Ernad Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ernad 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 Ernad 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 Ernad Nidhi

Recent activity within the organization

  • Annual General Meeting

    Ernad Nidhi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ernad Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge registered on 27 Feb 2020 via Charge ID 100337248 with The South Indian Bank Limited was fully satisfied on 09 Feb 2023.

  • Charges

    A charge with The South Indian Bank Limited of Rs. 1.00 Cr registered on 27 Feb 2020 with Charge ID 100337248 was modified on 13 Sep 2021.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100337248 was registered on 27 Feb 2020.

  • Director Appointment

    Parol Puthusseri Sanjith was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Sep 2016 & has been associated with this company since 8 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ernad Nidhi Limited?

    Ernad Nidhi Limited was incorporated on 05 Feb 2016.

  • What is authorized share capital and paid-up capital of Ernad Nidhi Limited?

    The authorized share capital of Ernad Nidhi Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Ernad Nidhi Limited?

    Currently 3 directors are associated with Ernad Nidhi Limited.

    • Parol Puthusseri Sanjith
    • Vivek Nalupurakkal Bahuleyan
    • Bahuleyan Raman Nalupurakkal
  • What is the registered address of Ernad Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ernad Nidhi Limited is 5B, Parol Puthussery Chettippadi P O India, Malappuram, Kerala, 676319.

  • What is the corporate identification number (CIN) and company number of Ernad Nidhi Limited?

    The corporate identification number (CIN) of Ernad Nidhi Limited is U65920KL2016PLC040078 and the company number is 040078 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ernad Nidhi Limited?

    The Official website of Ernad Nidhi Limited is https://www.ernadnidhi.com

  • What has been the recent revenue trend for Ernad Nidhi Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ernad Nidhi Limited has risen by 27.55%.

  • What change has been observed in the net worth of Ernad Nidhi Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ernad Nidhi Limited has experienced an upsurge of 26.01%.

  • When was the last Balance Sheet of Ernad Nidhi Limited filed with the ROC?

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

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