Valam Nidhi Limited

Provides financial services and encourages saving habits for members.

2018 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 02, 2024

Valam Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 10.39%
  • Profit Growth -91.82%
  • Ebitda -49.17%
  • Net Worth 0.48%
  • Total Assets -12.64%

About Valam Nidhi

Valam Nidhi Limited (VNL) is a Nidhi Limited Company incorporated in India on 27 September 2018 (Six years and four months 13 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kumarapalayam Veerappan, Veerappan Ragupathi, and Krishnasamy Veni 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

    U65990TZ2018PLC031020

  • Company No.

    031020

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    27 Sep 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Kumarapalayam Veerappan Country flag representing In Director 27-Sep-2018 Current
Veerappan Ragupathi Country flag representing In Director 06-Jan-2020 Current
Krishnasamy Veni Country flag representing In Director 06-Jan-2020 Current

Financial Performance of Valam Nidhi.

Valam Nidhi Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.39% increase. The company also saw a substantial fall in profitability, with a 91.82% decrease in profit. The company's net worth moved up by a moderate rise of 0.48%.

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
10.39%
Revenue from Operations
-21.30%
Total Assets
-12.64%
Profit or Loss
-91.82%
Net Worth
0.48%
EBITDA
-49.17%

What is the Ownership and Shareholding Structure of Valam Nidhi?

Unlock access to Valam Nidhi'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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Valam Nidhi?

Unlock and access historical data on people associated with Valam 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 Valam 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 Valam 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 Valam Nidhi

Recent activity within the organization

  • Annual General Meeting

    Valam Nidhi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Valam Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Veerappan Ragupathi was appointed as a Director was appointed as a Director on 06 Jan 2020 & has been associated with this company since 5 years 1 month .

    06 Jan 2020

  • Director Appointment

    Krishnasamy Veni was appointed as a Director was appointed as a Director on 06 Jan 2020 & has been associated with this company since 5 years 1 month .

    06 Jan 2020

  • Director Appointment

    Kumarapalayam Ramasamy Veerappan was appointed as a Director was appointed as a Director on 27 Sep 2018 & has been associated with this company since 6 years 4 months .

    27 Sep 2018

  • Company Incorporation

    Valam Nidhi Limited was registered on 27 Sep 2018 with Roc Coimbatore & aged 6 years 4 months as per MCA records.

    27 Sep 2018

Frequently asked questions

  • Valam Nidhi Limited was incorporated on 27 Sep 2018.

  • The authorized share capital of Valam Nidhi Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Valam Nidhi Limited.

    • Kumarapalayam Ramasamy Veerappan
    • Veerappan Ragupathi
    • Krishnasamy Veni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Valam Nidhi Limited is No.27 Sudheshna Towers Lig Colony-Ii, M.L. Puram (Po) India, Pollachi, Tamil Nadu, 642002.

  • The corporate identification number (CIN) of Valam Nidhi Limited is U65990TZ2018PLC031020 and the company number is 031020 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Valam Nidhi Limited has risen by 10.39%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Valam Nidhi Limited has experienced an upsurge of 0.48%.

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

People also Viewed

Similar Companies Based on Diversified Financial Services