Mag Nidhi Limited

Founded in 2018 and headquartered in Maharashtra, India.

2018 | Satara, Maharashtra (India) | Active
Last Updated: January 28, 2025

Mag Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -87.53%
  • Profit Growth -609.87%
  • Ebitda -110.86%
  • Net Worth -4.62%
  • Total Assets -24.35%

About Mag Nidhi

Mag Nidhi Limited (MNL) is a Nidhi Limited Company incorporated in India on 19 November 2018 (Six years and two months 15 days old ). Its registered office is in Satara, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ganpat Mohatkar, Atul Dhekane, and Amruta Dhekane serve as directors at the Company.

Company Details

  • Location

    Satara, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990PN2018PLC180243

  • Company No.

    180243

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    19 Nov 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Ganpat Mohatkar Country flag representing In Director 19-Nov-2018 Current
Atul Dhekane Country flag representing In Director 06-Apr-2024 Current
Amruta Dhekane Country flag representing In Director 06-Apr-2024 Current

Financial Performance of Mag Nidhi.

Mag Nidhi Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 87.53% decrease. The company also saw a substantial fall in profitability, with a 609.87% decrease in profit. The company's net worth dipped by a decrease of 4.62%.

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
-87.53%
Revenue from Operations
-87.53%
Total Assets
-24.35%
Profit or Loss
-609.87%
Net Worth
-4.62%
EBITDA
-110.86%

What is the Ownership and Shareholding Structure of Mag Nidhi?

In 2023, Mag Nidhi had a promoter holding of 79.96% and a public holding of 20.04%. 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 Mag Nidhi?

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

Recent activity within the organization

  • Director Appointment

    Atul Gopal Dhekane was appointed as a Director was appointed as a Director on 06 Apr 2024 & has been associated with this company since 9 months 27 days .

    06 Apr 2024

  • Director Appointment

    Amruta Atul Dhekane was appointed as a Director was appointed as a Director on 06 Apr 2024 & has been associated with this company since 9 months 27 days .

    06 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Mag Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Ganpat Ramchandra Mohatkar was appointed as a Director was appointed as a Director on 19 Nov 2018 & has been associated with this company since 6 years 2 months .

    19 Nov 2018

  • Company Incorporation

    Mag Nidhi Limited was registered on 19 Nov 2018 with Roc Pune & aged 6 years 2 months as per MCA records.

    19 Nov 2018

Frequently asked questions

  • Mag Nidhi Limited was incorporated on 19 Nov 2018.

  • The authorized share capital of Mag Nidhi Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Mag Nidhi Limited.

    • Ganpat Ramchandra Mohatkar
    • Atul Gopal Dhekane
    • Amruta Atul Dhekane
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mag Nidhi Limited is C.S.No.5594, Ambedkar Chawk Raviwar Peth India, Phaltan, Maharashtra, 415523.

  • The corporate identification number (CIN) of Mag Nidhi Limited is U65990PN2018PLC180243 and the company number is 180243 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mag Nidhi Limited has fallen by -87.53%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mag Nidhi Limited has experienced an downturn of -4.62%.

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

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