Maben Nidhi Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 49.96 Cr
as on 23-10-2024
- Company Age 31 Year, 5 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 100.00 Cr
as on 23-10-2024
- Revenue -11.71%
(FY 2023)
- Profit -48.51%
(FY 2023)
- Ebitda -27.38%
(FY 2023)
- Net Worth -3.78%
(FY 2023)
- Total Assets 9.60%
(FY 2023)
About Maben Nidhi
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.
- 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
Company Details
- Location
Thrissur, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Maben Nidhi?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jyothy Prasannan  | Managing Director | 01-Oct-1999 | Current |
| Besto Joseph | CEO | 22-Jul-2022 | Current |
| Anoop Peedikekkal | Company Secretary | 25-Jun-2013 | Current |
| Lithin Lohithakshan | CFO | 06-Mar-2024 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nurani Mahadevan | Director | 22-Oct-2024 | Current |
| Remeshkumar Kuruppath | Director | 25-Sep-2017 | Current |
| Vazhoor Prasannan | Director | 23-Jul-2005 | Current |
| Vazhayil Josekutty | Director | 22-Oct-2024 | Current |
| Nediyiruppil Unnikrishnan | Director | 05-Sep-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Netvarth Technologies (India) Private LimitedActive 16 years 5 monthsRemeshkumar Kuruppath is a mutual person
Manappuram Chits (Karnataka) Private LimitedActive 13 years 1 monthJyothy Prasannan is a mutual person
- Manappuram Chit Funds Company Private LimitedActive 13 years 1 month
Jyothy Prasannan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Sep 2021 | ₹9,000.00 | Satisfied |
Others Creation Date: 03 Sep 2021 | ₹1,000.00 | Satisfied |
Others Creation Date: 12 Aug 2021 | ₹1,000.00 | Satisfied |
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.
Deals i
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
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
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.
