Sapthagiris Mutual Nidhi Limited

Founded in 2017 and headquartered in Tamil Nadu, India.

2017 | Salem, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Sapthagiris Mutual Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 0.98%
  • Profit Growth -45.53%
  • Ebitda -45.92%
  • Net Worth 3.59%
  • Total Assets 3.75%

About Sapthagiris Mutual Nidhi

Sapthagiris Mutual Nidhi Limited (SMNL) is a Nidhi Limited Company incorporated in India on 12 September 2017 (Seven years and five months 10 days old ). Its registered office is in Salem, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Duraisami Sathishkannan, Kanjamalai Duraisami, and Padmanaban Duraisamy serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sapthagirismutual.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990TZ2017PLC029463

  • Company No.

    029463

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    12 Sep 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at Sapthagiris Mutual Nidhi?

Board Members (3)

NameDesignationAppointment DateStatus
Duraisami Sathishkannan Country flag representing In Director 12-Sep-2017Current
Kanjamalai Duraisami Country flag representing In Director 12-Sep-2017Current
Padmanaban Duraisamy Country flag representing In Director 12-Sep-2017Current

Financial Performance of Sapthagiris Mutual Nidhi.

Sapthagiris Mutual Nidhi Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.98% increase. The company also saw a substantial fall in profitability, with a 45.53% decrease in profit. The company's net worth moved up by a moderate rise of 3.59%.

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
0.98%
Revenue from Operations
0.96%
Total Assets
3.75%
Profit or Loss
-45.53%
Net Worth
3.59%
EBITDA
-45.92%

What is the Ownership and Shareholding Structure of Sapthagiris Mutual Nidhi?

In 2023, Sapthagiris Mutual Nidhi had a promoter holding of 97.85% and a public holding of 2.15%. 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 Sapthagiris Mutual Nidhi?

Unlock and access historical data on people associated with Sapthagiris Mutual 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 Sapthagiris Mutual 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 Sapthagiris Mutual 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 Sapthagiris Mutual Nidhi

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sapthagiris Mutual Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Kanjamalai Duraisami was appointed as a Director was appointed as a Director on 12 Sep 2017 & has been associated with this company since 7 years 5 months .

    12 Sep 2017

  • Director Appointment

    Duraisami Sathishkannan was appointed as a Director was appointed as a Director on 12 Sep 2017 & has been associated with this company since 7 years 5 months .

    12 Sep 2017

  • Director Appointment

    Padmanaban Duraisamy was appointed as a Director was appointed as a Director on 12 Sep 2017 & has been associated with this company since 7 years 5 months .

    12 Sep 2017

  • Company Incorporation

    Sapthagiris Mutual Nidhi Limited was registered on 12 Sep 2017 with Roc Coimbatore & aged 7 years 5 months as per MCA records.

    12 Sep 2017

Frequently asked questions

  • Sapthagiris Mutual Nidhi Limited was incorporated on 12 Sep 2017.

  • The authorized share capital of Sapthagiris Mutual Nidhi Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Sapthagiris Mutual Nidhi Limited.

    • Duraisami Sathishkannan
    • Kanjamalai Duraisami
    • Padmanaban Duraisamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sapthagiris Mutual Nidhi Limited is 118-A New Trichy Branch Road India, Salem, Tamil Nadu, 636006.

  • The corporate identification number (CIN) of Sapthagiris Mutual Nidhi Limited is U65990TZ2017PLC029463 and the company number is 029463 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sapthagiris Mutual Nidhi Limited is https://www.sapthagirismutual.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sapthagiris Mutual Nidhi Limited has risen by 0.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sapthagiris Mutual Nidhi Limited has experienced an upsurge of 3.59%.

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