Maben Nidhi Limited

Founded in 1993 and headquartered in Kerala, India.

1993 | Thrissur, Kerala (India) | Active
Last Updated:

Maben Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 49.96 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 100.00 Cr
  • Revenue Growth -11.71%
  • Profit Growth -48.51%
  • Ebitda -27.38%
  • Net Worth -3.78%
  • Total Assets 9.60%

About Maben Nidhi

Maben Nidhi Limited (MNL) is a leading Nidhi Limited Company incorporated in India on 20 December 1993 and has a history of 31 years and four months. Its registered office is in Thrissur, Kerala, India.

The Corporate was formerly known as Manappuram Benefit Fund Ltd. 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 60.00 Cr and a paid-up capital of Rs 49.96 Cr.

The company has closed loans amounting to ₹100.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maben Nidhi Limited India are Besto Joseph as Ceo, Anoop Peedikekkal as Company Secretary, and Lithin Lohithakshan as Cfo. Jyothy Prasannan, Nurani Mahadevan, Remeshkumar Kuruppath, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991KL1993PLN007584

  • Company No.

    007584

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    20 Dec 1993

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

What products or services does Maben Nidhi Limited offer?

Maben Nidhi Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Loan Service Providers, Bulk SMS Service, Whatsapp Marketing, LED Display Board & Light Boxes, Digital Display, Labels: Adhesive, Fabric & Metal, Labels, Corporate Finance & Leasing Advisors, Investment Service.

Company report

Maben Nidhi Limited

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

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

Executive Team (4)

NameDesignationAppointment DateStatus
Jyothy Prasannan Country flag representing In Managing Director01-Oct-1999Current
Besto Joseph CEO22-Jul-2022Current
Anoop Peedikekkal Company Secretary25-Jun-2013Current
Lithin Lohithakshan CFO06-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Nurani Mahadevan Country flag representing In Director 22-Oct-2024Current
Remeshkumar Kuruppath Country flag representing In Director 25-Sep-2017Current
Vazhoor Prasannan Country flag representing In Director 23-Jul-2005Current
Vazhayil Josekutty Country flag representing In Director 22-Oct-2024Current
Nediyiruppil Unnikrishnan Director 05-Sep-2024Current

Financial Performance of Maben Nidhi.

Maben Nidhi Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.71% decrease. The company also saw a substantial fall in profitability, with a 48.51% decrease in profit. The company's net worth dipped by a decrease of 3.78%.

Maben Nidhi revenue growth over time
Maben 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
-11.71%
Revenue from Operations
-14.47%
Total Assets
9.60%
Profit or Loss
-48.51%
Net Worth
-3.78%
EBITDA
-27.38%

What is the Ownership and Shareholding Structure of Maben Nidhi?

In 2023, Maben Nidhi had a promoter holding of 58.92% and a public holding of 41.08%. 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

₹100.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 45.00 Cr
  • Dhanlaxmi Bank Limited : 25.00 Cr
  • State Bank Of India : 20.00 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2021Others₹9,000.00Satisfied
03 Sep 2021Others₹1,000.00Satisfied
12 Aug 2021Others₹1,000.00Satisfied
09 Aug 2021Others₹4,500.00Satisfied
06 Aug 2021Others₹1,000.00Satisfied

How Many Employees Work at Maben Nidhi?

Maben Nidhi has a workforce of 439 employees as of Apr 10, 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.

Employee growth trends for Maben Nidhi Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Nurani Venkataraman Mahadevan was appointed as a Director was appointed as a Director on 22 Oct 2024 & has been associated with this company since 6 months 23 days .

  • Director Appointment

    Vazhayil Easow Josekutty was appointed as a Director was appointed as a Director on 22 Oct 2024 & has been associated with this company since 6 months 23 days .

  • Annual General Meeting

    Maben Nidhi Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Director Appointment

    Nediyiruppil Karappan Unnikrishnan was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 8 months 8 days .

  • Balance Sheet

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

  • Director Appointment

    Lithin Puthupparambil Lohithakshan was appointed as a Cfo was appointed as a Cfo on 06 Mar 2024 & has been associated with this company since 1 year 2 months .

Frequently asked questions

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

    Maben Nidhi Limited was incorporated on 20 Dec 1993.

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

    The authorized share capital of Maben Nidhi Limited is ₹ 60.00 Cr and paid-up capital is ₹ 49.96 Cr.

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

    Currently 9 directors are associated with Maben Nidhi Limited.

    • Jyothy Prasannan
    • Nurani Venkataraman Mahadevan
    • Remeshkumar Kuruppath
    • Vazhoor Sankaranarayanan Prasannan
    • Vazhayil Easow Josekutty
    • Nediyiruppil Karappan Unnikrishnan
    • Besto Joseph
    • Anoop Peedikekkal
    • Lithin Puthupparambil Lohithakshan

  • What is the registered address of Maben Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maben Nidhi Limited is Building No.4/709B 1St Floor, Jp Mart Near Highschool Junction India, Valapad, Kerala, 680567.

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

    The corporate identification number (CIN) of Maben Nidhi Limited is U65991KL1993PLN007584 and the company number is 007584 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Maben Nidhi Limited?

    The Official website of Maben Nidhi Limited is https://www.maben.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Maben Nidhi Limited has fallen by -11.71%.

  • How many employees does Maben Nidhi Limited currently have?

    As Per 2023 financial reports, 439 employees are currently employed by Maben Nidhi Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Maben Nidhi Limited has experienced an downturn of -3.78%.

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

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

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