Magan Nidhi Limited

Magan Nidhi Limited

Promotes thrift and savings through deposits and loans for mutual benefit.
2018 | Nagpur, Maharashtra (India) | Active

Last Updated:

July 03, 2024
HomeCompanyMagan Nidhi Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Mahesh Kothari In Director 05-Oct-2018Current
Suresh Kothari In Director 05-Oct-2018Current
Arjun Kothari In Director 05-Oct-2018Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
98.38%
Revenue from Operations
98.38%
Total Assets
79.78%
Profit or Loss
247.04%
Net Worth
69.58%
EBITDA
139.04%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Magan Nidhi?

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

Employee Graph

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Rating

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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 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • 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 2 months .

    05 Oct 2018

  • 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 2 months .

    05 Oct 2018

  • 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 2 months .

    05 Oct 2018

  • Company Incorporation

    Magan Nidhi Limited was registered on 05 Oct 2018 with Roc Mumbai & aged 6 years 2 months as per MCA records.

    05 Oct 2018

Frequently asked questions

  • Magan Nidhi Limited was incorporated on 05 Oct 2018.

  • The authorized share capital of Magan Nidhi Limited is ₹ 1.05 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Magan Nidhi Limited.

    • Mahesh Maganmal Kothari
    • Suresh Maganmal Kothari
    • Arjun Narendra Kothari
  • 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, Nagpur, Maharashtra, India, 440002.

  • The corporate identification number (CIN) of Magan Nidhi Limited is U65999MH2018PLC315428 and the company number is 315428 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magan Nidhi Limited has risen by 98.38%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magan Nidhi Limited has experienced an upsurge of 69.58%.

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

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