SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE revises rating of Vaibhav Global’s bank facilities

19 Aug 2013 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has revised rating of Vaibhav Global’s long term bank facilities worth Rs 117.37 crore which was reduced from Rs 135.67 to ‘BB+’ from ‘BB’. The rating agency has also revised rating of company’s short term bank facilities worth Rs 20.00 crore to ‘A4+’ from ‘A4’.

The revision in the ratings of the company takes into account the exit from the Corporate Debt Restructuring (CDR) mechanism by paying the recompense amount to banks. The revision also takes cognizance of the improvement in the operating performance of the company and its key subsidiaries during FY13 (refers to the period April 1 to March 31) and significant improvement in tangible net-worth on a consolidated basis.

Vaibhav Global is a 100% Export Oriented Unit (EOU) having manufacturing setup for gemstone-studded jewelry at Sitapura, Jaipur. Prior to FY13, VGL had seven direct subsidiaries and two step-down subsidiaries, of which one of the subsidiaries got liquidated in FY13.

Vaibhav Global Share Price

219.65 -3.80 (-1.70%)
20-Apr-2026 15:15 View Price Chart
Peers
Company Name CMP
Titan Co 4521.20
Kalyan Jewell.India 418.20
Rajesh Exports 123.00
Senco Gold 324.00
Thangamayil Jeweller 4130.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×