Kannattu Finance Nidhi Limited

Encourages thrift and savings, accepts deposits and provides loans secured by various assets.

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

Kannattu Finance Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.21 Cr
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.45 M
  • Revenue Growth 21.12%
  • Profit Growth 75.66%
  • Ebitda 24.02%
  • Net Worth 16.82%
  • Total Assets 18.94%

About Kannattu Finance Nidhi

Kannattu Finance Nidhi Limited (KFNL) is a Nidhi Limited Company incorporated in India on 15 November 2016 (Eight years and three months 19 days old ). Its registered office is in Alappuzha, Kerala, India.

The Corporate was formerly known as Kannattumalayil Allen Nidhi 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.21 Cr.

The company currently has active open charges totaling ₹3.45 M.

Saramma Philip, Arun Thomas, and Alice Thomas serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65999KL2016PLC047270

  • Company No.

    047270

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    15 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Arun Thomas Country flag representing In Managing Director15-Nov-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Saramma Philip Country flag representing In Director 15-Nov-2016Current
Alice Thomas Country flag representing In Director 25-Jul-2023Current

Financial Performance of Kannattu Finance Nidhi.

Kannattu Finance Nidhi Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.12% increase. The company also saw a substantial improvement in profitability, with a 75.66% increase in profit. The company's net worth Soared by an impressive increase of 16.82%.

Kannattu Finance Nidhi revenue growth over time
Kannattu Finance 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
21.12%
Revenue from Operations
20.31%
Total Assets
18.94%
Profit or Loss
75.66%
Net Worth
16.82%
EBITDA
24.02%

What is the Ownership and Shareholding Structure of Kannattu Finance Nidhi?

In 2023, Kannattu Finance Nidhi had a promoter holding of 52.29% and a public holding of 47.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.34 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 2021Others₹1.52 MOpen
24 May 2019Others₹1.92 MOpen

How Many Employees Work at Kannattu Finance Nidhi?

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

Employee growth trends for Kannattu Finance Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kannattu Finance 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 Kannattu Finance 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 Kannattu Finance Nidhi

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Alice Arun Thomas was appointed as a Director was appointed as a Director on 25 Jul 2023 & has been associated with this company since 1 year 7 months .

  • Balance Sheet

    Kannattu Finance Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100454198 was registered on 19 May 2021.

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100268480 was registered on 24 May 2019.

  • Director Appointment

    Saramma Philip was appointed as a Director was appointed as a Director on 15 Nov 2016 & has been associated with this company since 8 years 3 months .

Frequently asked questions

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

    Kannattu Finance Nidhi Limited was incorporated on 15 Nov 2016.

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

    The authorized share capital of Kannattu Finance Nidhi Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.21 Cr.

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

    Currently 3 directors are associated with Kannattu Finance Nidhi Limited.

    • Saramma Philip
    • Arun Thomas
    • Alice Arun Thomas

  • What is the registered address of Kannattu Finance Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kannattu Finance Nidhi Limited is Kannattu Baby Memorial Bldg Bethel Junction India, Chengannur, Kerala, 689121.

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

    The corporate identification number (CIN) of Kannattu Finance Nidhi Limited is U65999KL2016PLC047270 and the company number is 047270 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kannattu Finance Nidhi Limited?

    The Official website of Kannattu Finance Nidhi Limited is https://www.kannattufinance.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Kannattu Finance Nidhi Limited has risen by 21.12%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Kannattu Finance Nidhi Limited has experienced an upsurge of 16.82%.

  • What are the total open charges for Kannattu Finance Nidhi Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kannattu Finance Nidhi Limited amount to ₹ 3.45 M.

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

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

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