Minimum requirements for Nidhi Company Registration

Minimum 7 Shareholders

Minimum 3 Directors

Minimum 5 Lakh Share Capital

DIN for all Directors

Following are the basic incorporation requirements of Nidhi Company : 

  • It shall be incorporated as a Public Limited Company.
  • There should be minimum  7 shareholders, 3 directors and Rs. 5,00,000 Capital (Equity).
  • Objective should remain the same i.e. lending-borrowing among the members.
  • It should have last word “Nidhi Limited” as part of its name.
  • It should have no less than two hundred members.
  • Net Owned Funds should be more than Rs. 10 Lakhs or more.
  • Unencumbered term deposits of not less than ten per cent of the outstanding deposits.
  • Ratio of Net Owned Funds to deposits of not more than 1:20.

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