Vikas Mutual Benefit Nidhi Limited

Encourages thrift and savings habits by offering financial assistance through various types of deposits.

2014 | Ranchi, Jharkhand (India) | Active
Last Updated: December 06, 2024

Vikas Mutual Benefit Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -29.09%
  • Profit Growth 88.80%
  • Ebitda 90.53%
  • Net Worth -0.57%
  • Total Assets -0.60%

About Vikas Mutual Benefit Nidhi

Vikas Mutual Benefit Nidhi Limited (VMBNL) is a Nidhi Limited Company incorporated in India on 28 March 2014 and has a history of Ten years and ten months. Its registered office is in Ranchi, Jharkhand, India.

The Corporate was formerly known as Vikas Mutual Benefit 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 2020. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Maiku Lal, Ram Prajapati, and Ram Telars serve as directors at the Company.

Company Details

  • Location

    Ranchi, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67100JH2014PLC008905

  • Company No.

    008905

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    28 Mar 2014

  • Date of AGM

    15 Nov 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Maiku Lal Country flag representing In Director 15-Feb-2020Current
Ram Prajapati Country flag representing In Director 17-Jan-2015Current
Ram Telars Country flag representing In Director 15-Feb-2020Current

Financial Performance of Vikas Mutual Benefit Nidhi.

Vikas Mutual Benefit Nidhi Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 29.09% decrease. The company also saw a substantial improvement in profitability, with a 88.8% increase in profit. The company's net worth dipped by a decrease of 0.57%.

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
-29.09%
Revenue from Operations
-29.09%
Total Assets
-0.60%
Profit or Loss
88.80%
Net Worth
-0.57%
EBITDA
90.53%

What is the Ownership and Shareholding Structure of Vikas Mutual Benefit Nidhi?

In 2020, Vikas Mutual Benefit Nidhi had a promoter holding of 100.00%. 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 Vikas Mutual Benefit Nidhi?

Unlock and access historical data on people associated with Vikas Mutual Benefit 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 Vikas Mutual Benefit 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 Vikas Mutual Benefit 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 Vikas Mutual Benefit Nidhi

Recent activity within the organization

  • Annual General Meeting

    Vikas Mutual Benefit Nidhi Limited last Annual general meeting of members was held on 15 Nov 2020 as per latest MCA records.

    15 Nov 2020

  • Balance Sheet

    Vikas Mutual Benefit Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Jharkhand.

    31 Mar 2020

  • Director Appointment

    Maiku Lal was appointed as a Director was appointed as a Director on 15 Feb 2020 & has been associated with this company since 5 years 8 days .

    15 Feb 2020

  • Director Appointment

    Ram Vishal Telars was appointed as a Director was appointed as a Director on 15 Feb 2020 & has been associated with this company since 5 years 8 days .

    15 Feb 2020

  • Director Appointment

    Ram Vishal Prajapati was appointed as a Director was appointed as a Director on 17 Jan 2015 & has been associated with this company since 10 years 1 month .

    17 Jan 2015

  • Company Incorporation

    Vikas Mutual Benefit Nidhi Limited was registered on 28 Mar 2014 with Roc Jharkhand & aged 10 years 10 months as per MCA records.

    28 Mar 2014

Frequently asked questions

  • Vikas Mutual Benefit Nidhi Limited was incorporated on 28 Mar 2014.

  • The authorized share capital of Vikas Mutual Benefit Nidhi Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Vikas Mutual Benefit Nidhi Limited.

    • Maiku Lal
    • Ram Vishal Prajapati
    • Ram Vishal Telars
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vikas Mutual Benefit Nidhi Limited is Friends Colony Post Kamre Opposit Pandra, - India, Ranchi, Jharkhand, 835222.

  • The corporate identification number (CIN) of Vikas Mutual Benefit Nidhi Limited is U67100JH2014PLC008905 and the company number is 008905 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vikas Mutual Benefit Nidhi Limited has fallen by -29.09%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vikas Mutual Benefit Nidhi Limited has experienced an downturn of -0.57%.

  • The most recent Balance Sheet for Vikas Mutual Benefit Nidhi Limited was filed with the ROC on 31 Mar 2020.

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