Sri Vasavi Gold & Bullion Private Limited

Retail jewelry sales since 1995, based in Chennai, Tamil Nadu.

1995 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Sri Vasavi Gold & Bullion Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.73 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.93 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth -82.47%
  • Profit Growth 265.04%
  • Ebitda -248.92%
  • Net Worth 24.46%
  • Total Assets 20.46%

About Sri Vasavi Gold & Bullion

Sri Vasavi Gold & Bullion Private Limited (SVGBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 1995 and has a history of 29 years and eight months. Its registered office is in Chennai, Tamil Nadu.

The Corporate was formerly known as Sri Vasavi Securities Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.73 Cr.

The company currently has active open charges totaling ₹6.93 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pasumurthi Giribabu and Srikanth Pasumurthi serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65993TN1995PTC031637

  • Company No.

    031637

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

Who are the key members and board of directors at Sri Vasavi Gold & Bullion?

Executive Team (1)

NameDesignationAppointment DateStatus
Pasumurthi Giribabu Country flag representing In Managing Director25-Jun-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Srikanth Pasumurthi Country flag representing In Whole-Time Director 15-Apr-2013Current

Financial Performance of Sri Vasavi Gold & Bullion.

Sri Vasavi Gold & Bullion Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.47% decrease. The company also saw a substantial improvement in profitability, with a 265.04% increase in profit. The company's net worth Soared by an impressive increase of 24.46%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-82.47%
Revenue from Operations
-86.82%
Total Assets
20.46%
Profit or Loss
265.04%
Net Worth
24.46%
EBITDA
-248.92%

What is the Ownership and Shareholding Structure of Sri Vasavi Gold & Bullion?

In 2023, Sri Vasavi Gold & Bullion had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.93 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 6.93 Cr

Latest Charge Details

DateLenderAmountStatus
21 Feb 2020Indian Overseas Bank₹4.27 MOpen
25 Sep 2013Indian Overseas Bank₹6.50 CrOpen
13 Oct 2004Indian Overseas Bank₹2.00 CrSatisfied

How Many Employees Work at Sri Vasavi Gold & Bullion?

Unlock and access historical data on people associated with Sri Vasavi Gold & Bullion, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Vasavi Gold & Bullion, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sri Vasavi Gold & Bullion's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sri Vasavi Gold & Bullion

Recent activity within the organization

  • Annual General Meeting

    Sri Vasavi Gold & Bullion Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sri Vasavi Gold & Bullion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.43 Cr with Charge ID 100362077 was registered on 21 Feb 2020.

    21 Feb 2020

  • Charges

    A charge with Indian Overseas Bank of Rs. 6.50 Cr registered on 25 Sep 2013 with Charge ID 10453170 was modified on 07 Feb 2019.

    07 Feb 2019

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 6.50 Cr with Charge ID 10453170 was registered on 25 Sep 2013.

    25 Sep 2013

  • Charges

    A charge registered on 13 Oct 2004 via Charge ID 90282518 with Indian Overseas Bank was fully satisfied on 05 Aug 2013.

    05 Aug 2013

Frequently asked questions

  • Sri Vasavi Gold & Bullion Private Limited was incorporated on 01 Jun 1995.

  • The authorized share capital of Sri Vasavi Gold & Bullion Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.73 Cr.

  • Currently 2 directors are associated with Sri Vasavi Gold & Bullion Private Limited.

    • Pasumurthi Giribabu
    • Srikanth Pasumurthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Vasavi Gold & Bullion Private Limited is No.137 N.S.C.Bose Road Sowcarpet, India, Chennai, Tamil Nadu, 600079.

  • The corporate identification number (CIN) of Sri Vasavi Gold & Bullion Private Limited is U65993TN1995PTC031637 and the company number is 031637 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Vasavi Gold & Bullion Private Limited has fallen by -82.47%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Vasavi Gold & Bullion Private Limited has experienced an upsurge of 24.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Vasavi Gold & Bullion Private Limited amount to ₹ 6.93 Cr.

  • The most recent Balance Sheet for Sri Vasavi Gold & Bullion Private Limited was filed with the ROC on 31 Mar 2023.

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