Nithya Finance Limited

Provides hire purchase, leasing, and bills discounting services with plans for expansion into automobile and short term loan financing.

1987 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 02, 2025

Nithya Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 7.47 M
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 7.50 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth -66.62%
  • Profit Growth -25.84%
  • Ebitda -85.07%
  • Net Worth 0.65%
  • Total Assets 0.56%

About Nithya Finance

Nithya Finance Limited (NFL) is a Public Limited Indian Non-Government Company incorporated in India on 03 July 1987 and has a history of 37 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, 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 2017. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 7.47 M.

The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatasubba Genguswamy, Duraisamy Senthilkumar, Raveendran Gengusamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910TZ1987PLC007600

  • Company No.

    007600

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1987

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (4)

Name Designation Appointment Date Status
Venkatasubba Genguswamy Country flag representing In Director 03-Jul-1987 Current
Duraisamy Senthilkumar Country flag representing In Director 02-Jul-2002 Current
Raveendran Gengusamy Country flag representing In Director 03-Jul-1987 Current
Rajalakshmi Govindaswamynaidu Country flag representing In Director 03-Jul-1987 Current

Financial Performance of Nithya Finance.

Nithya Finance Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 66.62% decrease. The company also saw a substantial fall in profitability, with a 25.84% decrease in profit. The company's net worth moved up by a moderate rise of 0.65%.

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
-66.62%
Revenue from Operations
-66.62%
Total Assets
0.56%
Profit or Loss
-25.84%
Net Worth
0.65%
EBITDA
-85.07%

What is the Ownership and Shareholding Structure of Nithya Finance?

Unlock access to Nithya Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.50 Cr

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • G. Govindarajan : 7.50 Cr

Latest Charge Details

Date Lender Amount Status
09 Aug 2010 G. Govindarajan ₹7.50 Cr Open
14 Jul 2006 A. Srinivasan ₹5.00 Cr Satisfied
15 Nov 1998 Thiru G. Govincarajan ₹3.00 Cr Satisfied

How Many Employees Work at Nithya Finance?

Unlock and access historical data on people associated with Nithya Finance, 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 Nithya 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 Nithya 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 Nithya Finance

Recent activity within the organization

  • Annual General Meeting

    Nithya Finance Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Nithya Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Coimbatore.

    31 Mar 2017

  • Charges

    A charge registered on 14 Jul 2006 via Charge ID 10015992 with A. Srinivasan was fully satisfied on 10 Oct 2012.

    10 Oct 2012

  • Charges

    A charge registered on 15 Nov 1998 via Charge ID 90008630 with Thiru G. Govincarajan was fully satisfied on 10 Oct 2012.

    10 Oct 2012

  • Charges

    A charge with G. Govindarajan amounted to Rs. 7.50 Cr with Charge ID 10235703 was registered on 09 Aug 2010.

    09 Aug 2010

  • Charges

    A charge with A. Srinivasan amounted to Rs. 5.00 Cr with Charge ID 10015992 was registered on 14 Jul 2006.

    14 Jul 2006

Frequently asked questions

  • Nithya Finance Limited was incorporated on 03 Jul 1987.

  • The authorized share capital of Nithya Finance Limited is ₹ 2.50 Cr and paid-up capital is ₹ 7.47 M.

  • Currently 4 directors are associated with Nithya Finance Limited.

    • Venkatasubba Naidu Genguswamy
    • Duraisamy Senthilkumar
    • Raveendran Gengusamy
    • Rajalakshmi Govindaswamynaidu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nithya Finance Limited is 132Palani Road S V Mills Post India, Udumalpet, Tamil Nadu, 642128.

  • The corporate identification number (CIN) of Nithya Finance Limited is U65910TZ1987PLC007600 and the company number is 007600 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nithya Finance Limited is https://www.svg.in

  • According to the financial reports for the fiscal year 2017, the revenue trend for Nithya Finance Limited has fallen by -66.62%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Nithya Finance Limited has experienced an upsurge of 0.65%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Nithya Finance Limited amount to ₹ 7.50 Cr.

  • The most recent Balance Sheet for Nithya Finance Limited was filed with the ROC on 31 Mar 2017.