Samartha Nidhi Limited

Provides financial services such as deposits and loans in multiple locations.

2014 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: December 15, 2024

Samartha Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.26 Cr
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.11 Cr
  • Satisfied Charges ₹ 6.20 M
  • Revenue Growth 19.31%
  • Profit Growth -78.60%
  • Ebitda 19.03%
  • Net Worth 65.59%
  • Total Assets 26.71%

About Samartha Nidhi

Samartha Nidhi Limited (SNL) is a leading Nidhi Limited Company incorporated in India on 02 October 2014 and has a history of Ten years and four months. Its registered office is in Dakshina Kannada, 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 2.00 Cr and a paid-up capital of Rs 2.26 Cr.

The company currently has active open charges totaling ₹3.11 Cr. The company has closed loans amounting to ₹6.20 M, as per Ministry of Corporate Affairs (MCA) records.

Ram Murthy, Naveena Kandathadka, Balakrishna Shanthila, and Two other members serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67100KA2014PLC076693

  • Company No.

    076693

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    02 Oct 2014

  • 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 Samartha Nidhi?

Executive Team (1)

Name Designation Appointment Date Status
Naveena Kandathadka Country flag representing In Managing Director 02-Oct-2014 Current

Board Members (4)

Name Designation Appointment Date Status
Ram Murthy Country flag representing In Director 02-Oct-2014 Current
Balakrishna Shanthila Country flag representing In Director 02-Oct-2014 Current
Ramitha Somaiah Country flag representing In Director 02-Oct-2014 Current
Shrivenkatesh Panduranga Country flag representing In Director 02-Oct-2014 Current

Financial Performance of Samartha Nidhi.

Samartha Nidhi Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 19.31% increase. The company also saw a substantial fall in profitability, with a 78.6% decrease in profit. The company's net worth Soared by an impressive increase of 65.59%.

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
19.31%
Revenue from Operations
19.62%
Total Assets
26.71%
Profit or Loss
-78.60%
Net Worth
65.59%
EBITDA
19.03%

What is the Ownership and Shareholding Structure of Samartha Nidhi?

In 2021, Samartha Nidhi had a promoter holding of 19.74% and a public holding of 80.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.11 Cr

Satisfied Charges

₹0.62 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 3.11 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2023 Karnataka Bank Ltd. ₹3.11 Cr Open
08 May 2020 Karnataka Bank Ltd. ₹1.85 M Satisfied
20 Aug 2019 Karnataka Bank Ltd. ₹4.35 M Satisfied

How Many Employees Work at Samartha Nidhi?

Samartha Nidhi has a workforce of 99 employees as of Apr 09, 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 Samartha 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 Samartha 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 Samartha Nidhi

Recent activity within the organization

  • Annual General Meeting

    Samartha Nidhi Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 3.11 Cr with Charge ID 100734220 was registered on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Samartha Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 08 May 2020 via Charge ID 100336987 with Karnataka Bank Ltd. was fully satisfied on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge registered on 20 Aug 2019 via Charge ID 100283862 with Karnataka Bank Ltd. was fully satisfied on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 0.19 Cr registered on 08 May 2020 with Charge ID 100336987 was modified on 31 Mar 2021.

    31 Mar 2021

Frequently asked questions

  • Samartha Nidhi Limited was incorporated on 02 Oct 2014.

  • The authorized share capital of Samartha Nidhi Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.26 Cr.

  • Currently 5 directors are associated with Samartha Nidhi Limited.

    • Ram Murthy
    • Naveena Kumar Kandathadka
    • Balakrishna Shanthila
    • Ramitha Somaiah
    • Shrivenkatesh Panduranga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Samartha Nidhi Limited is Pinto Plaza, Opp Adarsha Hospital Apmc Road India, Puttur, Karnataka, 574201.

  • The corporate identification number (CIN) of Samartha Nidhi Limited is U67100KA2014PLC076693 and the company number is 076693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Samartha Nidhi Limited is https://www.samarthanidhi.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Samartha Nidhi Limited has risen by 19.31%.

  • As Per 2021 financial reports, 99 employees are currently employed by Samartha Nidhi Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Samartha Nidhi Limited has experienced an upsurge of 65.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Samartha Nidhi Limited amount to ₹ 3.11 Cr.

  • The most recent Balance Sheet for Samartha Nidhi Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on NBFC