Hope Nidhi Limited

Provides financial assistance and savings options through credit cooperative services.

2016 | Malappuram, Kerala (India) | Active
Last Updated: December 28, 2024

Hope Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.69 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -16.06%
  • Profit Growth -57.69%
  • Ebitda -56.62%
  • Net Worth 7.74%
  • Total Assets -54.89%

About Hope Nidhi

Hope Nidhi Limited (HNL) is a Nidhi Limited Company incorporated in India on 30 December 2016 (Eight years and one month 2 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 2022. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.69 M, as per Ministry of Corporate Affairs (MCA) records.

Rubeena Raffi, Kadengal Abdulwahab, Salahudheen Cheriyaottayil, and Seven other members 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

    U67190KL2016PLC047674

  • Company No.

    047674

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    30 Dec 2016

  • Date of AGM

    01 Mar 2023

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

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

Board Members (10)

Name Designation Appointment Date Status
Nalakath Pareed Country flag representing In Director 30-Dec-2016 Current
Rubeena Raffi Country flag representing In Director 05-Jan-2017 Current
Kadengal Abdulwahab Country flag representing In Director 30-Dec-2016 Current
Salahudheen Cheriyaottayil Country flag representing In Director 05-Jan-2017 Current
Sharafudeen Pazhayaottayil Country flag representing In Director 31-Dec-2017 Current
Abdussalam Pannikandathil Country flag representing In Director 15-Mar-2018 Current

Financial Performance of Hope Nidhi.

Hope Nidhi Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 16.06% decrease. The company also saw a substantial fall in profitability, with a 57.69% decrease in profit. The company's net worth moved up by a moderate rise of 7.74%.

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
-16.06%
Revenue from Operations
-13.90%
Total Assets
-54.89%
Profit or Loss
-57.69%
Net Worth
7.74%
EBITDA
-56.62%

What is the Ownership and Shareholding Structure of Hope Nidhi?

In 2022, Hope Nidhi had a promoter holding of 86.96% and a public holding of 13.04%. 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 Hope Nidhi?

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

Recent activity within the organization

  • Annual General Meeting

    Hope Nidhi Limited last Annual general meeting of members was held on 01 Mar 2023 as per latest MCA records.

    01 Mar 2023

  • Balance Sheet

    Hope Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.

    31 Mar 2022

  • Director Appointment

    Haidarali Kappattakath Ottayil was appointed as a Director was appointed as a Director on 29 Nov 2018 & has been associated with this company since 6 years 2 months .

    29 Nov 2018

  • Director Appointment

    Abdussalam Pannikandathil was appointed as a Director was appointed as a Director on 15 Mar 2018 & has been associated with this company since 6 years 10 months .

    15 Mar 2018

  • Director Appointment

    Sharafudeen Chundanveettil Pazhayaottayil was appointed as a Director was appointed as a Director on 31 Dec 2017 & has been associated with this company since 7 years 1 month .

    31 Dec 2017

  • Director Appointment

    Rubeena Raffi was appointed as a Director was appointed as a Director on 05 Jan 2017 & has been associated with this company since 8 years 27 days .

    05 Jan 2017

Frequently asked questions

  • Hope Nidhi Limited was incorporated on 30 Dec 2016.

  • The authorized share capital of Hope Nidhi Limited is ₹ 2.00 M and paid-up capital is ₹ 1.69 M.

  • Currently 10 directors are associated with Hope Nidhi Limited.

    • Rubeena Raffi
    • Kadengal Abdulwahab
    • Salahudheen Palakavalappil Cheriyaottayil
    • Nalakath Pareed
    • Sharafudeen Chundanveettil Pazhayaottayil
    • Abdussalam Pannikandathil
    • Haidarali Kappattakath Ottayil
    • Mohammed Achipra
    • Mathilakath Veettil Moideen Bava
    • Kotathara Mandress Ardnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hope Nidhi Limited is No.20/802 1St Floor Amh Building Near Prakash Gas Agencies, T Hazhepalam India, Tirur, Kerala, 676101.

  • The corporate identification number (CIN) of Hope Nidhi Limited is U67190KL2016PLC047674 and the company number is 047674 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hope Nidhi Limited is https://www.hopenidhi.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hope Nidhi Limited has fallen by -16.06%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hope Nidhi Limited has experienced an upsurge of 7.74%.

  • The most recent Balance Sheet for Hope Nidhi Limited was filed with the ROC on 31 Mar 2022.

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