Bharat Nidhi Limited was first established in 1942 as Bharat Bank Limited and carried out banking activities. Later in 1951, the company closed all its banking activities and changed its name to Bharat Nidhi Limited. The company then worked as a distributor of newspapers and periodicals in Delhi & NCR. But now, apart from the distribution of newspapers and periodicals, the company is also engaged in investing its surplus funds in debt-based mutual funds, banks, financial institutions' fixed deposits, and other safe avenues from time to time. The company holds a contract with Bennett Coleman and Company Limited to distribute its newspapers and magazines. Bharat Nidhi Limited is also a major shareholder of Bennett Coleman and Company Limited.
Since 2002 the company is also registered as an NBFC (Non-Banking Finance Company) with the Reserve Bank of India (RBI). However, in 2014, the company voluntarily made an effort to surrender its Certificate of Registration as NBFC.
The stock of Bharat Nidhi Limited was listed on the Calcutta Stock exchange, but later it delisted itself from the exchange by introducing a buyback offer. Now the company has been shifted to the Dissemination Board (DB) of the National Stock Exchange (NSE).
Bharat Nidhi Outstanding Shares: |
2869703 |
Face Value of Bharat Nidhi Unlisted Share: |
Rs. 10 Per Equity Share |
ISIN of Bharat Nidhi Unlisted Share: |
INE286F01016 |
Lot Size of Bharat Nidhi Unlisted Share: |
10 Shares |
Bharat Nidhi Share Price: |
Best in Industry |
PAN Number of Bharat Nidhi: |
AAACB0195J |
GST Number of Bharat Nidhi: |
07AAACB0195J1ZS |
CIN of Bharat Nidhi |
U51396DL1942PLC000644 |
Registration Date of Bharat Nidhi |
21 September 1942 |
Category/Sub-category of Bharat Nidhi |
Company Limited by Shares (NBFC) |
Bharat Nidhi Registered office and contact details |
First Floor, Express Building, 9-10, Bahadur Shah Zafar Marg, New Delhi – 110 002 Telephone No. : 011-43562982 |
Bharat Nidhi Registrar and Transfer Agent address and contact details |
M/s. Skyline Financial Services Private Limited D-153A, Okhla Industrial Area, Phase-I, New Delhi – 110 020, Telephone No. : 011-40450193-197; 26812682-83 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Distribution of Newspapers and Magazines in Delhi & NCR |
99611519 |
91.82% |
Mr. Bhagavatula Chintamani Rao, Director
Mr. Bhagat Ram Goyal, Director
Mr. Nityanand Singh, Director
Mr. Piyush Garg, Chief Financial Officer
|
S. No. |
Name of the Company |
% of shares held |
|
1. |
Matrix Merchandise Limited |
23.90% |
|
2. |
Vasuki Properties Limited |
49.99% |
|
3. |
Bennett, Coleman & Company Limited |
24.41% |
|
4. |
Bennett Property Holdings Company Limited |
24.41% |
|
5. |
Mahavir Finance Limited |
20% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoters |
21,61,588 |
75.32% |
|
2. |
Others |
7,08,115 |
24.68% |
|
Total |
28,69,703 |
100% |
Indian print media industry is poised to record robust growth in 2024. Mr. Sivakumar Sundaram, CEO of The Times of India, expects print ad revenue to reach a record high in 2024 due to newspapers' credibility, affordability, and strong readership habits. The value of the print industry across India was over 260 billion Indian rupees in 2023. This was further expected to exceed 288 billion rupees by 2026, indicating a compound annual growth of around 3.4 percent. The value of this sector of the media and entertainment industry had to be readjusted to accommodate the negative impact of the coronavirus pandemic.
FAQ's on Bharat Nidhi
Q. What
is the face value of Bharat Nidhi Ltd shares?
Answer: The face value of Bharat Nidhi Ltd shares is ₹10 per equity
share.
Q. What
is the ISIN of Bharat Nidhi Ltd shares?
Answer: The ISIN of Bharat Nidhi Ltd is INE286F01016.
Q. What
is the minimum lot size for buying Bharat Nidhi shares through WWIPL?
Answer: The minimum lot size is 10 shares, subject to market
availability.
Q. Why
should I buy Bharat Nidhi shares through WWIPL?
Answer: WWIPL offers transparent pricing, verified transfers, secure
settlements, and dedicated support throughout the investment journey.
Q. What
does Bharat Nidhi Ltd do?
Answer: Bharat Nidhi primarily functions as an investment holding
company. It invests surplus funds in financial assets and is known for its
strategic investments, including its shareholding in Bennett, Coleman & Co.
Ltd. (The Times Group).
Q. Was
Bharat Nidhi previously a bank?
Answer: Yes. The company was originally incorporated as Bharat Bank
Limited and later transitioned away from banking operations before becoming
Bharat Nidhi Limited.
Q. Why is
Bharat Nidhi associated with The Times Group?
Answer: Bharat Nidhi is a significant shareholder in Bennett, Coleman
& Co. Ltd., which owns major media brands such as The Times of India.
This investment is one of the key reasons investors track the company.
Q. Is
Bharat Nidhi an operating business or an investment company?
Answer: Investors generally view Bharat Nidhi primarily as an investment
holding company rather than a traditional operating business. Its valuation is
often linked to the value of its underlying investments.
Q. What
makes Bharat Nidhi different from most unlisted companies?
Answer: The company has a relatively small equity base and substantial
investment holdings, making it more comparable to an investment vehicle than a
conventional operating company.
Q. Is
investing in Bharat Nidhi a good idea?
Answer: Investors typically evaluate Bharat Nidhi based on the value of
its underlying investments, asset base, and long-term capital appreciation
potential.
Q. What
are the key growth drivers for Bharat Nidhi?
Answer: Appreciation in investment holdings, dividend income, capital
allocation decisions, and growth in underlying portfolio companies can support
long-term value creation.
Q. What
factors influence the valuation of Bharat Nidhi shares?
Answer: Net asset value (NAV), investment portfolio performance, book
value growth, earnings from investments, and market perception are key
valuation drivers.
Q. Why do
investors track Bharat Nidhi shares closely?
Answer: Many investors track Bharat Nidhi for its investment portfolio,
particularly its exposure to Bennett, Coleman & Co. Ltd., and for potential
discounts between market value and underlying asset value.
Q. What
are the risks of investing in Bharat Nidhi shares?
Answer: Investors should consider holding-company discounts,
concentration risk in investments, valuation uncertainty, low liquidity, and
the risks associated with unlisted shares.
Q. What should investors evaluate before investing in Bharat Nidhi Ltd?
Answer: Investors should assess the company's investment portfolio, NAV, book value growth, earnings quality, and long-term value creation potential.