Muthoot Syndicate Nidhi Limited

Provides financial services to promote thrift and savings among members.

1996 | Thiruvananthapuram, Kerala (India) | Active
Last Updated:

Muthoot Syndicate Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.67 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -31.38%
  • Profit Growth -168.46%
  • Ebitda -70.81%
  • Net Worth -11.99%
  • Total Assets -14.29%

About Muthoot Syndicate Nidhi

Muthoot Syndicate Nidhi Limited (MSNL) is a leading Nidhi Limited Company incorporated in India on 23 May 1996 and has a history of 28 years and 11 months. Its registered office is in Thiruvananthapuram, Kerala, India.

The Corporate was formerly known as Muthoot Mercantile Syndicate 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 5.00 Cr and a paid-up capital of Rs 2.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

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

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991KL1996PLC010403

  • Company No.

    010403

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    23 May 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services
Company report

Muthoot Syndicate Nidhi Limited

Explore comprehensive data for Muthoot Syndicate Nidhi Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Richi Mathew Country flag representing In Director 01-Oct-2018Current
Mathew Mathaininan Country flag representing In Director 13-Jun-2018Current
Ammini Mathew Country flag representing In Director 18-May-2016Current
Asha Mathew Country flag representing In Director 11-Aug-2021Current

Financial Performance of Muthoot Syndicate Nidhi.

Muthoot Syndicate Nidhi Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 31.38% decrease. The company also saw a substantial fall in profitability, with a 168.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.99%.

Muthoot Syndicate Nidhi revenue growth over time
Muthoot Syndicate Nidhi 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
-31.38%
Revenue from Operations
-18.28%
Total Assets
-14.29%
Profit or Loss
-168.46%
Net Worth
-11.99%
EBITDA
-70.81%

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

In 2022, Muthoot Syndicate Nidhi had a promoter holding of 74.76% and a public holding of 25.24%. 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 Syndicate Nidhi?

Muthoot Syndicate Nidhi has a workforce of 86 employees as of Apr 08, 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.

Employee growth trends for Muthoot Syndicate Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthoot Syndicate 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 Syndicate Nidhi's trajectory.

Rating

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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 Syndicate Nidhi

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Asha Richi Mathew was appointed as a Director was appointed as a Director on 11 Aug 2021 & has been associated with this company since 3 years 9 months .

  • 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 7 months .

  • Director Appointment

    Mathew Mathaininan was appointed as a Director was appointed as a Director on 13 Jun 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Ammini Mathew was appointed as a Director was appointed as a Director on 18 May 2016 & has been associated with this company since 8 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Muthoot Syndicate Nidhi Limited?

    Muthoot Syndicate Nidhi Limited was incorporated on 23 May 1996.

  • What is authorized share capital and paid-up capital of Muthoot Syndicate Nidhi Limited?

    The authorized share capital of Muthoot Syndicate Nidhi Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.67 Cr.

  • Who are the current board members & directors of Muthoot Syndicate Nidhi Limited?

    Currently 4 directors are associated with Muthoot Syndicate Nidhi Limited.

    • Mathew Mathaininan
    • Richi Mathew
    • Ammini Mathew
    • Asha Richi Mathew

  • What is the registered address of Muthoot Syndicate Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Syndicate Nidhi Limited is Groundfloor Southblockmuthootfloors Oppositew Chospita L, Thycaud India, Thiruvananthapuram, Kerala, 695014.

  • What is the corporate identification number (CIN) and company number of Muthoot Syndicate Nidhi Limited?

    The corporate identification number (CIN) of Muthoot Syndicate Nidhi Limited is U65991KL1996PLC010403 and the company number is 010403 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Muthoot Syndicate Nidhi Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Muthoot Syndicate Nidhi Limited has fallen by -31.38%.

  • How many employees does Muthoot Syndicate Nidhi Limited currently have?

    As Per 2022 financial reports, 86 employees are currently employed by Muthoot Syndicate Nidhi Limited.

  • What change has been observed in the net worth of Muthoot Syndicate Nidhi Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Muthoot Syndicate Nidhi Limited has experienced an downturn of -11.99%.

  • When was the last Balance Sheet of Muthoot Syndicate Nidhi Limited filed with the ROC?

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

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