Financial Strength
Metro Samrudhi Nidhi Limited
(a Nidhi company / publicly-available financial and regulatory information “sub-banking” type financial intermediation firm) along with commentary on its financial strength and what to watch. If you like, I can also check deeper/pay-walled filings for further detail.
✅ What we do know
Metro Samrudhi Nidhi Limited was incorporated on 10 August 2021 CIN U65990UP2021PLN150488 in Ghaziabad, Uttar Pradesh.
Authorised share capital: ₹10 lakh (₹1,000,000).
Paid-up share capital: ₹5 lakh (₹500,000).
It is classified as a Public company (unlisted) and engaged in “Other financial intermediation” within the financial services sector.
According to one source, the revenue for FY:
- Ending March 31, 2021–2022: ₹203,438.97
- Ending March 31, 2022–2023: ₹1,491,395.19
- Ending March 31, 2023–2024: ₹9,232,689.02
- Ending March 31, 2024–2025: ₹9,282,229.42
- Current financial year ongoing: 2025–2026
There are no registered charges (secured loans) against the company per available records.
✅ What raises caution / limitations
The paid-up capital is very small (₹5 lakh) for a financial entity purporting to operate as a Nidhi/sub-banking institution. That implies limited — extremely small. If true, it suggests very limited operations or scale.
Information on assets, liabilities, deposit size, number of members as is usual with Nidhi companies, profitability, risk metrics is either missing or very limited publicly.
As a Nidhi company (or similar), regulatory oversight and deposit protections may differ compared to a full-fledged bank or NBFC. One must verify whether it is duly registered under the relevant Nidhi/Company law and adheres to the rules for Nidhi companies.
“Sub-banking” is not a formal regulated category in the same way banks are; if they are acting in deposit taking/loan giving, you should check whether they have legal permission.
The scale is small; this raises questions of how diversified the loan book is, what the risk of default is, whether depositors are adequately protected, etc.
Its “financial strength”
The company is very small in terms of capital and reported revenue. That limits its financial strength.
The absence of registered charges is positive — suggests no major secured borrowings visible publicly but doesn’t necessarily mean low risk — small entities often rely on informal funding or unreported liabilities.
The company being very young (established 2021) means less track-record.
For a depositor/member, key risks would be: limited capital cushion, potential for concentration risk, regulatory risk ensuring legality of deposits/loans, and limited transparency.
So in short: not robust from the viewpoint of a well-capitalised financial institution. The “strength” is relatively weak given the small size, limited disclosures and early stage of operations.
What to verify / monitor
- The Nidhi Company approval — if it is officially a “Nidhi company”, membership count, deposits accepted, number of borrowers.
- Whether it is registered under the relevant Nidhi rules (Nidhi companies are covered by the Nidhi Rules 2014) and if it has the required minimum net owned funds, etc.
- Detailed audited balance sheet — assets, liabilities, loan portfolio, non-performing assets and profit & loss statement.
- Who the directors/promoters are and their background, any related party transactions.
- How the deposits are secured or protected: for instance, in banks deposits are protected (up to ₹5 lakh) via Deposit Insurance and Credit Guarantee Corporation (DICGC) – for Nidhi companies, confirm safeguards.
- Regulatory or legal notices.
- The business model: what exactly do they do (loans, savings, etc.), interest rates charged, from where they source funds, and how regulated their operations are.