Manipal Sowbhagya Nidhi Limited

Provides financial and related services, incorporated in 1987 in Karnataka.

1987 | Karnataka., Karnataka (India) | Active
Last Updated: January 02, 2025

Manipal Sowbhagya Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 3.60 M
  • Paid Up Capital ₹ 3.12 M
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.96 Cr
  • Satisfied Charges ₹ 100.00 Cr
  • Revenue Growth 40.00%
  • Profit Growth 348.41%
  • Ebitda 320.86%
  • Net Worth 114.95%
  • Total Assets -2.25%

About Manipal Sowbhagya Nidhi

Manipal Sowbhagya Nidhi Limited (MSNL) is a Nidhi Limited Company incorporated in India on 29 October 1987 and has a history of 37 years and three months. Its registered office is in Karnataka., Karnataka.

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 3.60 M and a paid-up capital of Rs 3.12 M.

The company currently has active open charges totaling ₹7.96 Cr. The company has closed loans amounting to ₹100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thonse Pai, Ramdas Nayak, and Sathya Narayan serve as directors at the Company.

Company Details

  • Location
    Karnataka., Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991KA1987PLC008698

  • Company No.

    008698

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    29 Oct 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Thonse Pai Country flag representing In Director 14-Jan-2016 Current
Ramdas Nayak Country flag representing In Director 11-Aug-2022 Current
Sathya Narayan Country flag representing In Director 11-Aug-2022 Current

Financial Performance of Manipal Sowbhagya Nidhi.

Manipal Sowbhagya Nidhi Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 40% increase. The company also saw a substantial improvement in profitability, with a 348.41% increase in profit. The company's net worth Soared by an impressive increase of 114.95%.

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
40.00%
Revenue from Operations
2254.23%
Total Assets
-2.25%
Profit or Loss
348.41%
Net Worth
114.95%
EBITDA
320.86%

What is the Ownership and Shareholding Structure of Manipal Sowbhagya Nidhi?

In 2020, Manipal Sowbhagya Nidhi had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.63 M

Satisfied Charges

₹1,000.00 M

Charges Breakdown by Lending Institutions

  • Others : 4.61 Cr
  • Manipal Housing Finance Syndicate Limited : 3.35 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 2022 Others ₹3.47 Cr Open
19 Mar 2019 Others ₹1.15 Cr Open
16 Sep 2013 Manipal Housing Finance Syndicate Limited ₹2.50 M Open
10 Jun 2011 Manipal Housing Finance Syndicate Limited ₹3.00 M Open
24 Mar 2011 Manipal Housing Finance Syndicate Limited ₹3.00 M Open

How Many Employees Work at Manipal Sowbhagya Nidhi?

Manipal Sowbhagya Nidhi has a workforce of 1 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manipal Sowbhagya 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 Manipal Sowbhagya 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 Manipal Sowbhagya Nidhi

Recent activity within the organization

  • Annual General Meeting

    Manipal Sowbhagya Nidhi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Manipal Sowbhagya Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 34.65 M registered on 25 Apr 2022 with Charge ID 100563028 was modified on 27 Jul 2023.

    27 Jul 2023

  • Director Appointment

    Ramdas Sunder Nayak was appointed as a Director was appointed as a Director on 11 Aug 2022 & has been associated with this company since 2 years 5 months .

    11 Aug 2022

  • Director Appointment

    Sathya Narayan was appointed as a Director was appointed as a Director on 11 Aug 2022 & has been associated with this company since 2 years 5 months .

    11 Aug 2022

  • Charges

    A charge registered on 25 Aug 2001 via Charge ID 80041389 with Manipal Finance Corporation Limited was fully satisfied on 21 Jun 2022.

    21 Jun 2022

Frequently asked questions

  • Manipal Sowbhagya Nidhi Limited was incorporated on 29 Oct 1987.

  • The authorized share capital of Manipal Sowbhagya Nidhi Limited is ₹ 3.60 M and paid-up capital is ₹ 3.12 M.

  • Currently 3 directors are associated with Manipal Sowbhagya Nidhi Limited.

    • Thonse Sanjay Pai
    • Ramdas Sunder Nayak
    • Sathya Narayan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manipal Sowbhagya Nidhi Limited is Registered Office Manipalhouse, Manipal - 576 119 India, Karnataka..

  • The corporate identification number (CIN) of Manipal Sowbhagya Nidhi Limited is U65991KA1987PLC008698 and the company number is 008698 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Manipal Sowbhagya Nidhi Limited has been consistent by 40.00%.

  • As Per 2021 financial reports, 1 employees are currently employed by Manipal Sowbhagya Nidhi Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Manipal Sowbhagya Nidhi Limited has experienced an upsurge of 114.95%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Manipal Sowbhagya Nidhi Limited amount to ₹ 7.96 Cr.

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

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