Vaishnavi Gold Limited

Jewelry trading company with retail showroom and amalgamation with Tanmai Jewels Pvt Ltd.

2000 | Hyderabad, Telangana (India) | Active
Last Updated: December 30, 2024

Vaishnavi Gold Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.73 Cr
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 25.10 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -98.59%
  • Profit Growth -98.68%
  • Ebitda -116.87%
  • Net Worth 0.05%
  • Total Assets

About Vaishnavi Gold

Vaishnavi Gold Limited (VGL) is a Public Limited Indian Non-Government Company incorporated in India on 07 April 2000 and has a history of 24 years and nine months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Master Multi-Tech 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 2018. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 19.73 Cr.

The company currently has active open charges totaling ₹25.10 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maddula Prakash, Narsi Kotha, and Srivalli Jasthi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L72200TG2000PLC034207

  • Company No.

    034207

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2000

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Consumer Goods

Who are the key members and board of directors at Vaishnavi Gold?

Executive Team (1)

Name Designation Appointment Date Status
Maddula Prakash Country flag representing In Managing Director 15-Oct-2010 Current

Board Members (2)

Name Designation Appointment Date Status
Narsi Kotha Country flag representing In Additional Director 03-Jun-2016 Current
Srivalli Jasthi Country flag representing In Director 15-May-2010 Current

Financial Performance of Vaishnavi Gold.

Vaishnavi Gold Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 98.59% decrease. The company also saw a substantial fall in profitability, with a 98.68% decrease in profit. The company's net worth moved up by a moderate rise of 0.05%.

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
-98.59%
Revenue from Operations
Total Assets
Profit or Loss
-98.68%
Net Worth
0.05%
EBITDA
-116.87%

What is the Ownership and Shareholding Structure of Vaishnavi Gold?

In 2018, Vaishnavi Gold had a promoter holding of 46.88% and a public holding of 53.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.10 Cr

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 23.00 Cr
  • 3I Infotech Trusteeship Services Limited : 1.50 Cr
  • Uco Bank : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
13 Dec 2008 3I Infotech Trusteeship Services Limited ₹1.50 Cr Open
10 Mar 2006 State Bank Of India ₹23.00 Cr Open
08 Sep 2000 Uco Bank ₹6.00 M Open
20 Sep 2007 Development Credit Bank Limited ₹4.00 Cr Satisfied

How Many Employees Work at Vaishnavi Gold?

Unlock and access historical data on people associated with Vaishnavi Gold, 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 Vaishnavi Gold, 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 Vaishnavi Gold'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 Vaishnavi Gold

Recent activity within the organization

  • Annual General Meeting

    Vaishnavi Gold Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Vaishnavi Gold Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Hyderabad.

    31 Mar 2018

  • Director Appointment

    Narsi Reddy Kotha was appointed as a Additional Director was appointed as a Additional Director on 03 Jun 2016 & has been associated with this company since 8 years 8 months .

    03 Jun 2016

  • Director Appointment

    Maddula Jaya Veera Venkata Durga Prakash was appointed as a Managing Director was appointed as a Managing Director on 15 Oct 2010 & has been associated with this company since 14 years 3 months .

    15 Oct 2010

  • Director Appointment

    Srivalli Jasthi was appointed as a Director was appointed as a Director on 15 May 2010 & has been associated with this company since 14 years 8 months .

    15 May 2010

  • Charges

    A charge with State Bank Of India of Rs. 23.00 Cr registered on 10 Mar 2006 with Charge ID 10005147 was modified on 29 Oct 2009.

    29 Oct 2009

Frequently asked questions

  • Vaishnavi Gold Limited was incorporated on 07 Apr 2000.

  • The authorized share capital of Vaishnavi Gold Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.73 Cr.

  • Currently 3 directors are associated with Vaishnavi Gold Limited.

    • Maddula Jaya Veera Venkata Durga Prakash
    • Narsi Reddy Kotha
    • Srivalli Jasthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vaishnavi Gold Limited is Flat No. 1-206 Divya Sakthi Complex Green Lands, Ameerpet India, Hyderabad, Telangana, 500016.

  • The corporate identification number (CIN) of Vaishnavi Gold Limited is L72200TG2000PLC034207 and the company number is 034207 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vaishnavi Gold Limited is https://www.vaishnavigold.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Vaishnavi Gold Limited has fallen by -98.59%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Vaishnavi Gold Limited has experienced an upsurge of 0.05%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Vaishnavi Gold Limited amount to ₹ 25.10 Cr.

  • The most recent Balance Sheet for Vaishnavi Gold Limited was filed with the ROC on 31 Mar 2018.

Similar Companies Based on Jewelry & Gemstone Retail & Distribution