V L Raka Jewellers Private Limited

Jewelry manufacturer and retailer with a single showroom in Bhiwandi.

2004 | Thane, Maharashtra (India) | Active
Last Updated: October 24, 2024

V L Raka Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.92 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.48 Cr
  • Satisfied Charges ₹ 11.10 Cr
  • Revenue Growth -5.84%
  • Profit Growth -30.26%
  • Ebitda 0.03%
  • Net Worth 4.65%
  • Total Assets 9.21%

About V L Raka Jewellers

V L Raka Jewellers Private Limited (VLRJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 2004 and has a history of 20 years and one month. Its registered office is in Thane, Maharashtra, India.

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 5.00 M and a paid-up capital of Rs 3.92 M.

The company currently has active open charges totaling ₹10.48 Cr. The company has closed loans amounting to ₹11.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Valchand and Gunvanti Raka serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rakagold.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36911MH2004PTC150248

  • Company No.

    150248

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at V L Raka Jewellers?

Board Members (2)

Name Designation Appointment Date Status
Pradeep Valchand Country flag representing In Director 28-Dec-2004 Current
Gunvanti Raka Country flag representing In Director 03-Aug-2018 Current

Financial Performance of V L Raka Jewellers.

V L Raka Jewellers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.84% decrease. The company also saw a substantial fall in profitability, with a 30.26% decrease in profit. The company's net worth moved up by a moderate rise of 4.65%.

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
-5.84%
Revenue from Operations
-5.83%
Total Assets
9.21%
Profit or Loss
-30.26%
Net Worth
4.65%
EBITDA
0.03%

What is the Ownership and Shareholding Structure of V L Raka Jewellers?

In 2022, V L Raka Jewellers had a promoter holding of 43.39% and a public holding of 56.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹104.80 M

Satisfied Charges

₹111.00 M

Charges Breakdown by Lending Institutions

  • Others : 8.48 Cr
  • Union Bank Of India : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2022 Others ₹1.36 Cr Open
28 Sep 2020 Others ₹7.00 Cr Open
17 Oct 2017 Others ₹1.20 M Open
01 Jul 2011 Union Bank Of India ₹2.00 Cr Open
10 Feb 2018 Others ₹6.10 Cr Satisfied

How Many Employees Work at V L Raka Jewellers?

Unlock and access historical data on people associated with V L Raka Jewellers, 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 V L Raka Jewellers, 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 V L Raka Jewellers'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 V L Raka Jewellers

Recent activity within the organization

  • Charges

    A charge registered on 10 Feb 2018 via Charge ID 100163651 with Others was fully satisfied on 20 Jan 2024.

    20 Jan 2024

  • Annual General Meeting

    V L Raka Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    V L Raka Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 13.60 M with Charge ID 100570833 was registered on 26 Apr 2022.

    26 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 70.00 M with Charge ID 100390912 was registered on 28 Sep 2020.

    28 Sep 2020

  • Charges

    A charge with Others of Rs. 61.00 M registered on 10 Feb 2018 with Charge ID 100163651 was modified on 27 Mar 2019.

    27 Mar 2019

Frequently asked questions

  • V L Raka Jewellers Private Limited was incorporated on 28 Dec 2004.

  • The authorized share capital of V L Raka Jewellers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.92 M.

  • Currently 2 directors are associated with V L Raka Jewellers Private Limited.

    • Pradeep Raka Valchand
    • Gunvanti Pradeep Raka
  • As per Ministry of Corporate Affairs (Mca), the registered address of V L Raka Jewellers Private Limited is 77 Bazar Pethopp Police Station Bhiwandi India, Dist-Thane, Maharashtra, 421302.

  • The corporate identification number (CIN) of V L Raka Jewellers Private Limited is U36911MH2004PTC150248 and the company number is 150248 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V L Raka Jewellers Private Limited is https://www.rakagold.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for V L Raka Jewellers Private Limited has fallen by -5.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of V L Raka Jewellers Private Limited has experienced an upsurge of 4.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for V L Raka Jewellers Private Limited amount to ₹ 10.48 Cr.

  • The most recent Balance Sheet for V L Raka Jewellers Private Limited was filed with the ROC on 31 Mar 2023.

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