What is the minimum paid-up share capital to incorporate a Nidhi company?

Conditions for incorporation [Rule 4] – a)    A Nidhi should be a ‘public company’ b)    It should have a minimum paid up equity share capital of INR 5 Lakhs . c)    On incorporation, Nidhi shall not issue preference shares. If the preference shares are already issued prior to incorporation, then, such shares should be redeemed in accordance with the terms of the issue of such shares d)    The object of Nidhi should be cultivating the habit of thrift and savings amongst the members and receiving deposits from and lending to its members for mutual benefits. e)    Nidhi shall have the last words as ‘Nidhi Limited’ as part of its name.