Varni Jewels Private Limited

Jewelry trading and retail company based in Ahmedabad, Gujarat.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 11, 2024

Varni Jewels Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 2.80 Cr
  • Revenue Growth -68.43%
  • Profit Growth 60.68%
  • Ebitda 195.03%
  • Net Worth -23.91%
  • Total Assets -3.59%

About Varni Jewels

Varni Jewels Private Limited (VJPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 May 2003 and has a history of 21 years and eight months. Its registered office is in Ahmedabad, Gujarat, 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 2022. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹2.80 Cr.

Dilipkumar Sakhwala and Shailesh Sakhwala serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911GJ2003PTC042365

  • Company No.

    042365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 May 2003

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

What products or services does Varni Jewels Private Limited offer?

Varni Jewels Private Limited offers a wide range of products and services, including Diamonds & Diamond Jewels, Diamond Jewelry, Diamond Bangles.

Who are the key members and board of directors at Varni Jewels?

Board Members (2)

Name Designation Appointment Date Status
Dilipkumar Sakhwala Country flag representing In Director 08-May-2003 Current
Shailesh Sakhwala Country flag representing In Director 08-May-2003 Current

Financial Performance of Varni Jewels.

Varni Jewels Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 68.43% decrease. The company also saw a substantial improvement in profitability, with a 60.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.91%.

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
-68.43%
Revenue from Operations
-69.83%
Total Assets
-3.59%
Profit or Loss
60.68%
Net Worth
-23.91%
EBITDA
195.03%

What is the Ownership and Shareholding Structure of Varni Jewels?

In 2022, Varni Jewels 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

₹28.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.80 Cr

Latest Charge Details

Date Lender Amount Status
07 Jul 2014 Others ₹2.80 Cr Open

How Many Employees Work at Varni Jewels?

Unlock and access historical data on people associated with Varni Jewels, 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 Varni Jewels, 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 Varni Jewels'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 Varni Jewels

Recent activity within the organization

  • Annual General Meeting

    Varni Jewels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Varni Jewels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Charges

    A charge with Others of Rs. 28.00 M registered on 07 Jul 2014 with Charge ID 10509175 was modified on 12 May 2017.

    12 May 2017

  • Charges

    A charge with Others amounted to Rs. 28.00 M with Charge ID 10509175 was registered on 07 Jul 2014.

    07 Jul 2014

  • Director Appointment

    Dilipkumar Shambhubhai Sakhwala was appointed as a Director was appointed as a Director on 08 May 2003 & has been associated with this company since 21 years 8 months .

    08 May 2003

  • Director Appointment

    Shailesh Sambhubhai Sakhwala was appointed as a Director was appointed as a Director on 08 May 2003 & has been associated with this company since 21 years 8 months .

    08 May 2003

Frequently asked questions

  • Varni Jewels Private Limited was incorporated on 08 May 2003.

  • The authorized share capital of Varni Jewels Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Varni Jewels Private Limited.

    • Dilipkumar Shambhubhai Sakhwala
    • Shailesh Sambhubhai Sakhwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varni Jewels Private Limited is 1/2 Upper Level Fairdelhouseoff C G Road Nr Swastik Char Rasta Navrangpura India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Varni Jewels Private Limited is U36911GJ2003PTC042365 and the company number is 042365 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varni Jewels Private Limited is https://www.starraysdiamond.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varni Jewels Private Limited has fallen by -68.43%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varni Jewels Private Limited has experienced an downturn of -23.91%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varni Jewels Private Limited amount to ₹ 2.80 Cr.

  • The most recent Balance Sheet for Varni Jewels Private Limited was filed with the ROC on 31 Mar 2022.

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