The company is engaged in the business of wholesale trading of gold, silver, precious stone, semi-precious stone. Apart from the above, from this financial year onwards, the company also intends to focus on manufacturing and selling of jewellery's. The company manufactures its jewellery through job worker located in Mumbai.;
Parent organisation
Varyaa Creations Ltd
Varyaa Creations Financials
Revenue
Total Assets
Profit
All values are in ₹ Cr
Strengths & Risks
Strengths
Risks
Established brand.
Well established relationship with its supplier.
Strong understanding of customer preference.
Extensive product list.
There are certain outstanding legal proceeding involving its Promoter and Promoter Entities which may adversely affect its business, financial condition and results of operations.
Its inability to manage growth could disrupt the company's business and reduce its profitability.
The non-availability or high cost of quality gold bullion, silver, diamonds and other precious and semi-precious stones may have an adverse effect on its business, results of operations and financial condition.
The company may be unable to maintain or establish arrangements with job workers and suppliers through whom its manufacture the company products and procure raw materials, and may experience other disruptions or quality control risks in the operations of such parties.
Application details
For Varyaa Creations IPO, eligible investors can apply as Regular.