Vaibhav Global Ltd - VAIBHAV GLOBAL Share Price

Summary

Vaibhav Global Limited (VGL) (Formerly Vaibhav Gems Limited) was incorporated in May 08th, 1989 at Jaipur. Later, the Company changed the name from Vaibhav Gems Limited to Vaibhav Global Limited consequent upon Certificate of Incorporation issued by Registrar of Companies, Rajasthan, dated November 29, 2012. Presently, the Company deals in fashion jewellery and lifestyle products. It emerged as a vertically integrated fashion retailer, and has global presence in retail space with supply chain spread over 30 countries and significant operations in the US, the UK and recently has ventured in Germany. The Company started as a Gemstone manufacturer and then in 1996-97, as a forward integration, the Company came out with IPO to establishing a world-class jewelry-manufacturing unit for export of gem-studded gold jewelry. First unit was set up at Adarsh Nagar, Jaipur in 1997. In the year 1999, it set up a new 100% Export Oriented Unit at Export Promotion Industrial Area, Sitapura, Jaipur. In 2002, it installed an Italian micro-weight gold chain manufacturing plant.In order to further forward integrate, in April 2006 VGL ventured into Electronic retail in UK starting a live TV Shopping Channel and Ecommerce operation- The Jewellery Channel Ltd., in London. Seeing the success of the model, VGL opened another TV Shopping Channel and Ecommerce operation - Liquidation Channel, in Austin, Texas to address US market. Such vertical model allowed VGL to offer unparallel values to customers,... Read More