Vardhaman Worldwide Private Limited
About Vardhaman Worldwide Private Limited
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Vardhaman Worldwide Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 14 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2010PTC062619. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mahavir Gems Private Limited. It is led by directors Chhaya Patel Sureshchandra and Dhaval Sureshkumar Patel.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹115.21 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Lakh (net margin -0.1%) and EBITDA of -₹7.35 Lakh (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 125% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vardhaman Worldwide has one previous CIN (Corporate Identification Number): U36912GJ2010PTC062619. The current CIN is U51100GJ2010PTC062619, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ2010PTC062619 | Current |
| U36912GJ2010PTC062619 | Previous |
Contact details
Vardhaman Worldwide Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.6/2155/A 4th Floor Office – 405A Devidas Pipla Sheri Gokul Appt Mahidhar, Pura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Vardhaman Worldwide Private 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
Business activity
The main business activity of Vardhaman Worldwide 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 Vardhaman Worldwide Private Limited, buy the company report.
Financials of Vardhaman Worldwide Private Limited
FY 2021 filings availableVardhaman Worldwide Private Limited reported revenue of ₹115.21 Cr (down 38% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 125%. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹115.21 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Vardhaman Worldwide Private Limited, buy the company report.
Board of directors of Vardhaman Worldwide Private Limited
Vardhaman Worldwide has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Patel Sureshchandra | Director | 14 Oct 2010 | 16 Years 0 Months | Current |
| Dhaval Sureshkumar Patel | Director | 14 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Vardhaman Worldwide Private Limited is audited by KUMAR ROYBARMAN PRASANTA & ASSOC for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR ROYBARMAN PRASANTA & ASSOC | FY 2021 | 330634E |
Shareholding
The shareholding of Vardhaman Worldwide Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vardhaman Worldwide Private Limited, buy the company report.
Legal cases
Vardhaman Worldwide Private Limited has 1 court case on record: 1 filed by Vardhaman Worldwide. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against State of Telangana and 2 others | Disposed |
To see the full case history of Vardhaman Worldwide Private 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 Vardhaman Worldwide Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhaman Worldwide 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 Vardhaman Worldwide Private Limited, buy the company report.
Recent activity
Vardhaman Worldwide Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Chhaya Patel Sureshchandra was appointed as Director on 14 Oct 2010.
Frequently asked questions
Vardhaman Worldwide is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 14 October 2010 (16+ years old) and is registered under CIN U51100GJ2010PTC062619.
Vardhaman Worldwide has 2 current directors:
- Chhaya Patel Sureshchandra - Director
- Dhaval Sureshkumar Patel - Director
The latest financial statements of Vardhaman Worldwide on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Vardhaman Worldwide has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhaman Worldwide is U51100GJ2010PTC062619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhaman Worldwide has 1 court case on record: 1 filed by the company.
Vardhaman Worldwide was incorporated on 14 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chhaya Patel Sureshchandra was appointed as Director on 14 Oct 2010. Dhaval Sureshkumar Patel was appointed as Director on 14 Oct 2010.
The registered office of Vardhaman Worldwide is at H.No.62155A 4th Floor Office – 405A Devidas Pipla Sheri Gokul Appt Mahidhar, Pura, Surat, Gujarat, India – 395003.
Vardhaman Worldwide operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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