Vakrangee Ltd. - Seems fraud company and everything is manipulated!
- 24639
- 48
-
- Last Comment
Vakrangee Ltd. is making every day low in share market. Here are my views about this company. Should be useful who has invested in this company or willing to invest.
Recently, I tried to call them on the number mentioned on their website – http://vakrangee.in/contact-...hp . They have listed only their Mumbai office numbers. No numbers are mentioned for any other branches. Very strange. Why none of the other branches numbers are mentioned? I am not able to contact with them on any of the numbers listed on their website. One of them ( the last one ) rings but nobody picks ups.
Numbers mentioned on the site wrong and doesn’t exists, toll free number mentioned doesn`t exists. Share are in too much bad shape but none of the promotors are saying/clarifying anything. I really doubt even they (promotors ) are in India. As per them they had two meetings in UK and some other other country ( why abroad and not in India ) but no transcript is available that what was discussed there.
They talked about the Buy back offer sometime ago but nothing was done till date? Seems it was a fake offer just to make the share holders fool.
A few days ago there was a story about Vakrangee – https://the-ken.com/story/vakrangee-share-price... . I hope many have read this story. After this the list of the Vakrangee kendras are removed from the site. Company`s auditors are out. They say that they are not getting any proper replies/data/clarification from the company.
After all these things, I think it is pretty clear that that everything was manipulated and Varkrangee is a huge fraud and all their previous balance sheet etc were fraud. I now have ZERO hopes from this share and I am assuming 100% loss of the invested money.
javascript:void(0)
- Sort By
how much money did you invested in Vakrangee?
Mine is about 4 L but thing is there are 1000s of investors like me who has lost huge money.
Another update:
On their website – http://vakrangee.in/contact-...hp they have removed all the phone numbers of the office except the Mumbai office but earlier they had these numbers there. Please see – https://web.archive.org/web/20170625012320/http... .. what could be the reasons? doesn’t it generate doubts about company?
If possible, anybody living in Mumbai, nearby their office could visit their office and check if everything is okay and can do a little investigation?
REGISTERED OFFICE
Vakrangee Limited
“Vakrangee Corporate House”
Plot No. 93, Road No. 16,
M.I.D.C., Marol, Andheri (East),
Mumbai – 400093, Maharashtra
Phone : +91 22 2850 4028 / 3412,
+91 22 6776 5100
Fax : +91 22 2850 2017
4L is huge amount for one scrip. I made that mistake few years back. Whatever, now sell & take loss. Stay away from such companies. Also, u have done research after scrip making continuous lc. Did u really researched before then i think u may get idea earlier.
I had sold this when it was on upper circuit last month. only had 8 shares, booked loss of around 1.2 K
oo
RIP vakrangee.
Very interesting article about Vakrangee.. Must read – https://www.moneylife.in/article/vakrangeersquo...
Pcj now looks nice after buyback announcement..
Its totally fake company…..i agreed that
This company has no future
…Its coming toward its target of 21 rs…..I will buy around 21…just small quantity worth 2000 rs only….it may slide toward 15 or may go toward 43 rs….lets trade this gamble when it comes….
vl only buy this if this comes in single digit lol 
Vakrangee Ltd
NSE: VAKRANGEE
36.10 INR −1.90 (5.00%)
Many more LC’s to follow…
It was good that I sold it when it was high 
.
Also earned by shorting it 
Smart bouy 
@marketdimer @Alpha.Barood your suggestions please .
All gone.boy..
90%/down. Forget it..
Deloitte also resigned as auditors from Manpasand.
Vakrangee cancels 1250 crs buyback + dividend that it announced just 3 months back. Says will instead spend money buying ATMs for 45,000 kendras for 2 lakhs each – that’s 900 crs!
Let’s see what happens tomorrow!
Good stocks To Enter – Tata Motors, Ambuja Cement, Vakrangee -→ Hold 6-8 Months
![Sunfeast Farmlite Oats & Almonds Cookies (Cookie) 300g [location specific]](https://cdn0.desidime.com/topics/photos/1779975/medium/Screenshot2024-04-24at11.13.10PM.png?1713980638)
Price Waterhouse drops F-word in resignation letter to Vakrangee management – https://www.moneycontrol.com/news/business/comp...
Election Books, Bullion And Gold – Why Vakrangee’s Auditor Quit – https://www.bloombergquint.com/business/2018/05...