About Vaishnavi Gold Limited
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Vaishnavi Gold Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 07 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L72200TG2000PLC034207. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 03 Jan 2024 · delist-permit2listed, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.73 Cr. It was formerly known as Master Multi-Tech Limited. It is led by directors including Jaya Veera Venkata Durga Prakash Maddula (Managing Director) and Srivalli Jasthi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Flat No. 1 – 206 Divya Sakthi Complex Green Lands Ameerpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.12 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹88,529 (net margin 5.9%) and EBITDA of ₹1.28 Lakh (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
The company is associated with 1 brand: Vaishnavi Gold. As per MCA filings, the company has open charges of ₹25.1 Cr and satisfied charges of ₹4 Cr on record. Court records list 23 cases involving the company, including 20 filed by the company and 3 filed against it. The company has 369 deals on record (369 market trades); the latest was in August 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vaishnavigold.com.
Company details
CIN history
Vaishnavi Gold has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72200TG2000PLC034207, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200TG2000PLC034207 | Current |
| L72200AP2000PLC034207 | Previous |
| L72200AP2000PTC034207 | Previous |
Contact details
Vaishnavi Gold Limited's registered office is in Hyderabad, Telangana. Its website is vaishnavigold.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No. 1 – 206 Divya Sakthi Complex Green Lands Ameerpet, Hyderabad, Telangana, India – 500016
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Vaishnavi Gold Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Vaishnavi Gold operates one associated brand: Vaishnavi Gold. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gold jewelry and products are traded in Hyderabad, India. | vaishnavigold.com |
Business activity
The main business activity of Vaishnavi Gold is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vaishnavi Gold Limited, buy the company report.
Financials of Vaishnavi Gold Limited
FY 2018 filings availableVaishnavi Gold Limited reported revenue of ₹15.12 Lakh (down 99% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 99% fall in the latest year. EBITDA fell 99% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹15.12 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.28 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹88,529 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.5% | |||
| Net Profit Margin | 5.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Vaishnavi Gold Limited, buy the company report.
Board of directors of Vaishnavi Gold Limited
Vaishnavi Gold has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srivalli Jasthi Also directs: Ranklin Solutions Limited | Director | 15 May 2010 | 16 Years 5 Months | Current |
| Jaya Veera Venkata Durga Prakash Maddula Also directs: Krushi Buildtech LLP, Jai Krishnaa Studios Private Limited, Aaria Ventures Private Limited and 4 more | Managing Director | 15 Oct 2010 | 16 Years 0 Months | Current |
| Narsi Reddy Kotha | Additional Director | 03 Jun 2016 | 10 Years 4 Months | Current |
Shareholding
The shareholding of Vaishnavi Gold Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vaishnavi Gold Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2008 | 10132804 | 3I Infotech Trusteeship Services Limited | ₹1.5 Cr | Open | |
| 10 Mar 2006 | 10005147 | State Bank of India | ₹23 Cr | Open | |
| 08 Sep 2000 | 90126294 | Uco Bank | ₹60 Lakh | Open | |
| 20 Sep 2007 | 10071366 | Development Credit Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Vaishnavi Gold Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Vaishnavi Gold Limited has 369 deals on record (369 market trades); the latest was in August 2016.
Deals on record (5 of 369)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2013 | Market trade | ₹29.5 Lakh | Buyer: Aaria Gold Private Limited , an individual Seller: 3 individuals |
| Jan 2013 | Market trade | ₹39.4 Lakh | Buyer: Versante Wireless Technologies (India) Private Limited , 3 individuals Seller: 2 individuals |
| Jan 2013 | Market trade | ₹15.5 Lakh | Buyer: Versante Wireless Technologies (India) Private Limited |
| Feb 2012 | Market trade | ₹10.9 Lakh | Seller: Octagon Management Solutions Private Limited |
| Nov 2011 | Market trade | ₹6.6 Lakh | Buyer: NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
To see the full deal history of Vaishnavi Gold Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vaishnavi Gold Limited has 23 court cases on record: 20 filed by Vaishnavi Gold, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 0 |
| District courts | 11 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against The State of Telangana and 1 other | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal miscellaneous application | Filed by the company against Registrar of Companies, Hyderabad. | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal miscellaneous application | Filed by the company against Registrar of Companies, Hyderabad. | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 1 other | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed against the company | Disposed |
To see the full case history of Vaishnavi Gold Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaishnavi Gold Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaishnavi Gold has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vaishnavi Gold Limited, buy the company report.
Recent activity
Vaishnavi Gold Limited has 41 board changes on record since 2000: 22 appointments and 19 cessations. The latest: Venkata Subba Rao Nidamarthi ceased to be Director on 30 Mar 2019.
38 earlier events are in the company report.
Frequently asked questions
Vaishnavi Gold is an active public limited company based in Hyderabad, Telangana, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 07 April 2000 (26+ years old) and is registered under CIN L72200TG2000PLC034207.
Vaishnavi Gold has 3 current directors:
- Jaya Veera Venkata Durga Prakash Maddula - Managing Director
- Srivalli Jasthi - Director
- Narsi Reddy Kotha - Additional Director
The latest financial statements of Vaishnavi Gold on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Vaishnavi Gold has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vaishnavi Gold is L72200TG2000PLC034207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaishnavi Gold is recorded as a listed company by MCA, but its shares were delisted from BSE on 03 Jan 2024 · delist-permit2listed, and no longer trade on a stock exchange.
Vaishnavi Gold has 23 court cases on record: 20 filed by the company and 3 filed against it. Most are in the high courts.
Vaishnavi Gold was incorporated on 07 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vaishnavi Gold has 369 deals on record (369 market trades); the latest was in August 2016.
Venkata Subba Rao Nidamarthi ceased to be Director on 30 Mar 2019. Narsi Reddy Kotha was appointed as Additional Director on 03 Jun 2016. Palakurthy Sreenivas ceased to be Additional Director on 03 Feb 2015. Vaishnavi Gold has 41 board changes on record in total.