Magan Nidhi Limited
Promotes thrift and savings through deposits and loans for mutual benefit.
2018 | Nagpur, Maharashtra (India) | Active
Magan Nidhi Profile
Key Indicators
- Authorised Capital ₹ 1.05 M
- Paid Up Capital ₹ 1.00 M
- Company Age 6 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 98.38%
- Profit Growth 247.04%
- Ebitda 139.04%
- Net Worth 69.58%
- Total Assets 79.78%
About Magan Nidhi
Magan Nidhi Limited (MNL) is a Nidhi Limited Company incorporated in India on 05 October 2018 (Six years and seven months 16 days old ). Its registered office is in Nagpur, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.05 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.
Suresh Kothari, Mahesh Kothari, and Arjun Kothari serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999MH2018PLC315428
- Company No.
315428
- Company Classification
Nidhi Limited Company
- Incorporation Date
05 Oct 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Magan Nidhi Limited
Explore comprehensive data for Magan Nidhi Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magan Nidhi?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Kothari  | Director | 05-Oct-2018 | Current |
| Mahesh Kothari | Director | 05-Oct-2018 | Current |
| Arjun Kothari | Director | 05-Oct-2018 | Current |
Financial Performance of Magan Nidhi.
Magan Nidhi Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 98.38% increase. The company also saw a substantial improvement in profitability, with a 247.04% increase in profit. The company's net worth Soared by an impressive increase of 69.58%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Magan Nidhi?
Unlock access to Magan Nidhi's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
- Magan Vaults Llp
Suresh Kothari, Mahesh Kothari and 1 more are mutual person
- Karan Kothari Aabhushan Private Limited
Suresh Kothari and Arjun Kothari are mutual person
- Aurangabad Cold Storage Limited Liabilit Y Partnership
Arjun Kothari is a mutual person
- Kalpvarksh Jewels Private Limited
Arjun Kothari is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magan Nidhi?
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Deals i
Gain comprehensive insights into the Deals and Valuation data of Magan 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 Magan Nidhi's trajectory.
Rating
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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.
Latest Updates, News, and FAQs on Magan Nidhi
Recent activity within the organization
- Annual General Meeting
Magan Nidhi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magan Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Suresh Maganmal Kothari was appointed as a Director was appointed as a Director on 05 Oct 2018 & has been associated with this company since 6 years 7 months .
- Director Appointment
Mahesh Maganmal Kothari was appointed as a Director was appointed as a Director on 05 Oct 2018 & has been associated with this company since 6 years 7 months .
- Director Appointment
Arjun Narendra Kothari was appointed as a Director was appointed as a Director on 05 Oct 2018 & has been associated with this company since 6 years 7 months .
- Company Incorporation
Magan Nidhi Limited was registered on 05 Oct 2018 with Roc Mumbai & aged 6 years 7 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Magan Nidhi Limited?
Magan Nidhi Limited was incorporated on 05 Oct 2018.
What is authorized share capital and paid-up capital of Magan Nidhi Limited?
The authorized share capital of Magan Nidhi Limited is ₹ 1.05 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Magan Nidhi Limited?
Currently 3 directors are associated with Magan Nidhi Limited.
- Suresh Maganmal Kothari
- Mahesh Maganmal Kothari
- Arjun Narendra Kothari
What is the registered address of Magan Nidhi Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magan Nidhi Limited is C No 8/13 Behind Sarafa Line Naik Road Itwari, India, Nagpur, Maharashtra, 440002.
What is the corporate identification number (CIN) and company number of Magan Nidhi Limited?
The corporate identification number (CIN) of Magan Nidhi Limited is U65999MH2018PLC315428 and the company number is 315428 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magan Nidhi Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Magan Nidhi Limited has risen by 98.38%.
What change has been observed in the net worth of Magan Nidhi Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Magan Nidhi Limited has experienced an upsurge of 69.58%.
When was the last Balance Sheet of Magan Nidhi Limited filed with the ROC?
The most recent Balance Sheet for Magan Nidhi Limited was filed with the ROC on 31 Mar 2024.
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