Sri Mukunth Nidhi Limited

Nidhi company providing financial services since 1996 in Madurai, Tamil Nadu.

1996 | S.S.ColonyMadurai 625 010, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

Sri Mukunth Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 4.70 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.45 M
  • Revenue Growth 8.84%
  • Profit Growth -54.79%
  • Ebitda 7.20%
  • Net Worth 4.83%
  • Total Assets 9.93%

About Sri Mukunth Nidhi

Sri Mukunth Nidhi Limited (SMNL) is a Nidhi Limited Company incorporated in India on 15 March 1996 and has a history of 28 years and ten months. Its registered office is in S.S.Colony,Madurai 625 010, Tamil Nadu.

The Corporate was formerly known as Sri Mukunth Benefit Fund 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 7.50 M and a paid-up capital of Rs 4.70 M.

The company currently has active open charges totaling ₹2.45 M.

Sreenivasan Usharani, Ramasamy Sreenivasan, and Rajagopal Mukuntharajan serve as directors at the Company.

Company Details

  • Location S.S.Colony,Madurai 625 010, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1996PLC034832

  • Company No.

    034832

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    15 Mar 1996

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Sri Mukunth Nidhi?

Executive Team (1)

Name Designation Appointment Date Status
Rajagopal Mukuntharajan Country flag representing In Managing Director 31-Mar-2008 Current

Board Members (2)

Name Designation Appointment Date Status
Sreenivasan Usharani Country flag representing In Whole-Time Director 31-Mar-2020 Current
Ramasamy Sreenivasan Country flag representing In Director 29-Aug-2022 Current

Financial Performance of Sri Mukunth Nidhi.

Sri Mukunth Nidhi Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.84% increase. The company also saw a substantial fall in profitability, with a 54.79% decrease in profit. The company's net worth moved up by a moderate rise of 4.83%.

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
8.84%
Revenue from Operations
8.68%
Total Assets
9.93%
Profit or Loss
-54.79%
Net Worth
4.83%
EBITDA
7.20%

What is the Ownership and Shareholding Structure of Sri Mukunth Nidhi?

In 2021, Sri Mukunth Nidhi had a promoter holding of 50.33% and a public holding of 49.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.45 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 2022 City Union Bank Limited ₹2.45 M Open

How Many Employees Work at Sri Mukunth Nidhi?

Unlock and access historical data on people associated with Sri Mukunth 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 Sri Mukunth 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 Sri Mukunth 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 Sri Mukunth Nidhi

Recent activity within the organization

  • Annual General Meeting

    Sri Mukunth Nidhi Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Sri Mukunth Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Ramasamy Sreenivasan was appointed as a Director was appointed as a Director on 29 Aug 2022 & has been associated with this company since 2 years 5 months .

    29 Aug 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.45 M with Charge ID 100545641 was registered on 01 Mar 2022.

    01 Mar 2022

  • Director Appointment

    Sreenivasan Usharani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Mar 2020 & has been associated with this company since 4 years 10 months .

    31 Mar 2020

  • Director Appointment

    Rajagopal Mukuntharajan was appointed as a Managing Director was appointed as a Managing Director on 31 Mar 2008 & has been associated with this company since 16 years 10 months .

    31 Mar 2008

Frequently asked questions

  • Sri Mukunth Nidhi Limited was incorporated on 15 Mar 1996.

  • The authorized share capital of Sri Mukunth Nidhi Limited is ₹ 7.50 M and paid-up capital is ₹ 4.70 M.

  • Currently 3 directors are associated with Sri Mukunth Nidhi Limited.

    • Sreenivasan Usharani
    • Ramasamy Sreenivasan
    • Rajagopal Mukuntharajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Mukunth Nidhi Limited is 9-J/1 Jawahar Main Road S.S.Colony, Madurai India, S.S.ColonyMadurai 625 010, Tamil Nadu, 625010.

  • The corporate identification number (CIN) of Sri Mukunth Nidhi Limited is U65991TN1996PLC034832 and the company number is 034832 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sri Mukunth Nidhi Limited has risen by 8.84%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sri Mukunth Nidhi Limited has experienced an upsurge of 4.83%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sri Mukunth Nidhi Limited amount to ₹ 2.45 M.

  • The most recent Balance Sheet for Sri Mukunth Nidhi Limited was filed with the ROC on 31 Mar 2024.

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