Niskha Finance Private Limited

Online gold loan company with RBI-approved NBFC offering various loan schemes.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Niskha Finance Profile

Key Indicators

  • Authorised Capital ₹ 10.50 Cr
  • Paid Up Capital ₹ 8.18 Cr
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.50 Cr
  • Revenue Growth 78.68%
  • Profit Growth 197.99%
  • Ebitda 140.29%
  • Net Worth 11.45%
  • Total Assets 11.43%

About Niskha Finance

Niskha Finance Private Limited (NFPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 April 2019 (Five years and ten months 1 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.50 Cr and a paid-up capital of Rs 8.18 Cr.

The company currently has active open charges totaling ₹14.50 Cr.

Vinod Vernekar, Miyar Nayak, and Shivram Vernekar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    niskhafinance.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999KA2019PTC123773

  • Company No.

    123773

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Niskha Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Miyar Nayak Country flag representing In Director 31-Dec-2021Current
Vinod Vernekar Country flag representing In Director 25-Apr-2019Current
Shivram Vernekar Country flag representing In Director 28-Apr-2023Current

Financial Performance of Niskha Finance.

Niskha Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.68% increase. The company also saw a substantial improvement in profitability, with a 197.99% increase in profit. The company's net worth Soared by an impressive increase of 11.45%.

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
78.68%
Revenue from Operations
77.26%
Total Assets
11.43%
Profit or Loss
197.99%
Net Worth
11.45%
EBITDA
140.29%

What is the Ownership and Shareholding Structure of Niskha Finance?

In 2023, Niskha Finance had a promoter 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

₹14.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 7.50 Cr
  • State Bank Of India : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2024Others₹4.50 CrOpen
22 Mar 2024Others₹3.00 CrOpen
17 Nov 2023State Bank Of India₹7.00 CrOpen

How Many Employees Work at Niskha Finance?

Niskha Finance has a workforce of 15 employees as of Mar 29, 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 Niskha Finance, 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 Niskha Finance'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 Niskha Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100987873 was registered on 03 Oct 2024.

    03 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100902270 was registered on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100817704 was registered on 17 Nov 2023.

    17 Nov 2023

  • Annual General Meeting

    Niskha Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Shivram Santosh Vernekar was appointed as a Director was appointed as a Director on 28 Apr 2023 & has been associated with this company since 1 year 9 months .

    28 Apr 2023

  • Balance Sheet

    Niskha Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Niskha Finance Private Limited was incorporated on 25 Apr 2019.

  • The authorized share capital of Niskha Finance Private Limited is ₹ 10.50 Cr and paid-up capital is ₹ 8.18 Cr.

  • Currently 3 directors are associated with Niskha Finance Private Limited.

    • Vinod Gajanan Vernekar
    • Miyar Ramanath Nayak
    • Shivram Santosh Vernekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Niskha Finance Private Limited is 108/6 T-1 Emerald Green Apts 8Th Cross, 6Th Main Malleswaram India, Bangalore, Karnataka, 560003.

  • The corporate identification number (CIN) of Niskha Finance Private Limited is U65999KA2019PTC123773 and the company number is 123773 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Niskha Finance Private Limited is https://www.niskhafinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Niskha Finance Private Limited has risen by 78.68%.

  • As Per 2023 financial reports, 15 employees are currently employed by Niskha Finance Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Niskha Finance Private Limited has experienced an upsurge of 11.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Niskha Finance Private Limited amount to ₹ 14.50 Cr.

  • The most recent Balance Sheet for Niskha Finance Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on NBFC