Vellore Mahalakshmi Nidhi Limited

Financial services provider established in 1995.

1995 | Vellore, Tamil Nadu (India) | Active
Last Updated:

Vellore Mahalakshmi Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.53 M
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.99%
  • Profit Growth 129.08%
  • Ebitda 17.43%
  • Net Worth 11.66%
  • Total Assets 2.95%

About Vellore Mahalakshmi Nidhi

Vellore Mahalakshmi Nidhi Limited (VMNL) is a Nidhi Limited Company incorporated in India on 01 March 1995 and has a history of 30 years and two months. Its registered office is in Vellore, Tamil Nadu, India.

The Corporate was formerly known as Mahalakshmi 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 3.00 M and a paid-up capital of Rs 2.53 M, as per Ministry of Corporate Affairs (MCA) records.

Mithil Kumar, Mithil Bala, Harshya Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Vellore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1995PLC030334

  • Company No.

    030334

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    01 Mar 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Vellore Mahalakshmi Nidhi Limited

Explore comprehensive data for Vellore Mahalakshmi Nidhi Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Mithil Kumar Country flag representing In Whole-Time Director 30-Sep-2014Current
Mithil Bala Director 30-Sep-2024Current
Harshya Jain Director 30-Sep-2024Current
Sohanraj Suresh Director 30-Sep-2024Current

Financial Performance of Vellore Mahalakshmi Nidhi.

Vellore Mahalakshmi Nidhi Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 2.99% increase. The company also saw a substantial improvement in profitability, with a 129.08% increase in profit. The company's net worth Soared by an impressive increase of 11.66%.

Vellore Mahalakshmi Nidhi revenue growth over time
Vellore Mahalakshmi Nidhi 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
2.99%
Revenue from Operations
2.99%
Total Assets
2.95%
Profit or Loss
129.08%
Net Worth
11.66%
EBITDA
17.43%

What is the Ownership and Shareholding Structure of Vellore Mahalakshmi Nidhi?

In 2020, Vellore Mahalakshmi Nidhi had a promoter holding of 48.08% and a public holding of 51.92%. 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 Vellore Mahalakshmi Nidhi?

Unlock and access historical data on people associated with Vellore Mahalakshmi Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vellore Mahalakshmi Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vellore Mahalakshmi 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 Vellore Mahalakshmi 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 Vellore Mahalakshmi Nidhi

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Mithil Kumar Chandan Bala was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 7 months 6 days .

  • Director Appointment

    Harshya Jain was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 7 months 6 days .

  • Director Appointment

    Sohanraj Suresh was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 7 months 6 days .

  • Balance Sheet

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

  • Director Appointment

    Mithil Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2014 & has been associated with this company since 10 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vellore Mahalakshmi Nidhi Limited?

    Vellore Mahalakshmi Nidhi Limited was incorporated on 01 Mar 1995.

  • What is authorized share capital and paid-up capital of Vellore Mahalakshmi Nidhi Limited?

    The authorized share capital of Vellore Mahalakshmi Nidhi Limited is ₹ 3.00 M and paid-up capital is ₹ 2.53 M.

  • Who are the current board members & directors of Vellore Mahalakshmi Nidhi Limited?

    Currently 4 directors are associated with Vellore Mahalakshmi Nidhi Limited.

    • Mithil Kumar
    • Mithil Kumar Chandan Bala
    • Harshya Jain
    • Sohanraj Suresh

  • What is the registered address of Vellore Mahalakshmi Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vellore Mahalakshmi Nidhi Limited is 114/425 Main Bazaar India, Vellore, Tamil Nadu, 632004.

  • What is the corporate identification number (CIN) and company number of Vellore Mahalakshmi Nidhi Limited?

    The corporate identification number (CIN) of Vellore Mahalakshmi Nidhi Limited is U65991TN1995PLC030334 and the company number is 030334 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vellore Mahalakshmi Nidhi Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Vellore Mahalakshmi Nidhi Limited has risen by 2.99%.

  • What change has been observed in the net worth of Vellore Mahalakshmi Nidhi Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Vellore Mahalakshmi Nidhi Limited has experienced an upsurge of 11.66%.

  • When was the last Balance Sheet of Vellore Mahalakshmi Nidhi Limited filed with the ROC?

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

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