Financials
Incorporated As a Bank and subsequently Converted as a Nidhi Company under the Companies Act, and completed 141 years of operations stood one of the most trusted organizations and with Great support from our beloved customers and shareholders we have travelled the journey in these years and also to serve better for the upcoming future.
| Corporate Identity Number | U65110TN1881PLC002799 |
| Company Name | Sriman Madhwa Sidhantha Onnahini Permanent Nidhi Ltd. |
| Date of Incorporation | 10-11-1881 |
| GST Number | 33AAACT1099B1ZR |
| Registration Number | 002799 |
| Company Status | Active |
| Regd. Office Address | No. 37, Car Street, Triplicane, Chennai – 600 005. |
| Company Type | Company Limited by shares |
Principal Activity
Accepting Deposits and lending on securities like, Gold and Mortgage on House properties and providing locker facilities to members.
Business & Capital Information
As on 31/03/2025
Total Business Turnover
| Total Deposits | Rs. 565 Crores |
| Total Loans | Rs. 496 Crores |
| Total Turnover | Rs. 1060 Crores |
- Crossed the milestone of Rs.1000 Crores Turnover during the FY- 2024-25.
Annual Reports – Click to Download
MGT-7 – Click to Download
Application Forms – Click to Download
Dividend Information
The Dividend on Equity shares are uninterruptedly paid by the Nidhi.
Dividend declared and paid for the earlier years are :
- 2009-2010 – 10%
- 2010-2011 – 12%
- 2011-2012 – 10.5%
- 2012-2013 – 11%
- 2013-2014 – 11%
- 2014-2015 – 12%
- 2015-2016 – 11%
- 2016-2017 – 12.5%
- 2017-2018 – 13%
- 2018-2019 – 13%
- 2019-2020 – 10%
- 2020-2021 – 11%
- 2021-2022 – 12%
- 2022-2023 – 12%
- 2023-2024 – 12%
- 2024-2025- 14%