Muthoot Mercantile Nidhi Limited

Encourages thrift and provides financial assistance to members through deposits and loans.

1997 | Kanyakumari, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Muthoot Mercantile Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.24 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -19.86%
  • Profit Growth -59.41%
  • Ebitda -46.83%
  • Net Worth 6.49%
  • Total Assets -24.89%

About Muthoot Mercantile Nidhi

Muthoot Mercantile Nidhi Limited (MMNL) is a Nidhi Limited Company incorporated in India on 04 July 1997 and has a history of 27 years and seven months. Its registered office is in Kanyakumari, Tamil Nadu, India.

The Corporate was formerly known as Muthoot Credit And Investments Limited. 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 3.00 M and a paid-up capital of Rs 1.24 M, as per Ministry of Corporate Affairs (MCA) records.

Mathew Mathaininan, Richi Mathew, and Ammini Mathew serve as directors at the Company.

Company Details

  • Location

    Kanyakumari, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65993TN1997PLC093881

  • Company No.

    093881

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    04 Jul 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Richi Mathew Country flag representing In Director 01-Oct-2018 Current
Mathew Mathaininan Country flag representing In Director 02-Aug-2013 Current
Ammini Mathew Country flag representing In Director 15-Dec-2014 Current

Financial Performance of Muthoot Mercantile Nidhi.

Muthoot Mercantile Nidhi Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.86% decrease. The company also saw a substantial fall in profitability, with a 59.41% decrease in profit. The company's net worth moved up by a moderate rise of 6.49%.

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
-19.86%
Revenue from Operations
-12.47%
Total Assets
-24.89%
Profit or Loss
-59.41%
Net Worth
6.49%
EBITDA
-46.83%

What is the Ownership and Shareholding Structure of Muthoot Mercantile Nidhi?

In 2022, Muthoot Mercantile Nidhi had a promoter holding of 79.86% and a public holding of 20.14%. 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 Muthoot Mercantile Nidhi?

Unlock and access historical data on people associated with Muthoot Mercantile 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 Muthoot Mercantile 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 Muthoot Mercantile 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 Muthoot Mercantile Nidhi

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Muthoot Mercantile Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Richi Mathew was appointed as a Director was appointed as a Director on 01 Oct 2018 & has been associated with this company since 6 years 4 months .

    01 Oct 2018

  • Director Appointment

    Ammini Mathew was appointed as a Director was appointed as a Director on 15 Dec 2014 & has been associated with this company since 10 years 1 month .

    15 Dec 2014

  • Director Appointment

    Mathew Mathaininan was appointed as a Director was appointed as a Director on 02 Aug 2013 & has been associated with this company since 11 years 6 months .

    02 Aug 2013

  • Company Incorporation

    Muthoot Mercantile Nidhi Limited was registered on 04 Jul 1997 with Roc Chennai & aged 27 years 7 months as per MCA records.

    04 Jul 1997

Frequently asked questions

  • Muthoot Mercantile Nidhi Limited was incorporated on 04 Jul 1997.

  • The authorized share capital of Muthoot Mercantile Nidhi Limited is ₹ 3.00 M and paid-up capital is ₹ 1.24 M.

  • Currently 3 directors are associated with Muthoot Mercantile Nidhi Limited.

    • Mathew Mathaininan
    • Richi Mathew
    • Ammini Mathew
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Mercantile Nidhi Limited is 1St Floor S.M Arcade Near Main Road Pammam, India, Marthandam, Tamil Nadu, 629165.

  • The corporate identification number (CIN) of Muthoot Mercantile Nidhi Limited is U65993TN1997PLC093881 and the company number is 093881 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Muthoot Mercantile Nidhi Limited has fallen by -19.86%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Muthoot Mercantile Nidhi Limited has experienced an upsurge of 6.49%.

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

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