Gsec Profile
Key Indicators
- Authorised Capital ₹ 15.03 Cr
as on 16-06-2024
- Paid Up Capital ₹ 12.55 Cr
as on 16-06-2024
- Company Age 59 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 49.50 Cr
as on 16-06-2024
- Satisfied Charges ₹ 182.15 Cr
as on 16-06-2024
- Revenue 5.60%
(FY 2023)
- Profit -83.86%
(FY 2023)
- Ebitda -180.46%
(FY 2023)
- Net Worth 5.87%
(FY 2023)
- Total Assets 22.29%
(FY 2023)
About Gsec
The Corporate was formerly known as Gujarat State Export Corpn Ltd. The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.03 Cr and a paid-up capital of Rs 12.55 Cr.
The company currently has active open charges totaling ₹49.50 Cr. The company has closed loans amounting to ₹182.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gsec Limited India are Jay Chavda as COMPANY SECRETARY and Shri Shah as Cfo. Rakesh Ramanlal, Maheswar Sahu, Sandip Parikh, and Three other members serve as directors at the Company.
- CIN/LLPIN
U52100GJ1965PLC001347
- Company No.
001347
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Oct 1965
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Gsec Limited offer?
Gsec Limited offers a wide range of products and services, including Cargo Transportation Services, Air Cargo Service, Sea Cargo Service, EXIM Trade & Licensing Services, Trade Consultation Service, Logistics Service, International Trade Consultants.
Who are the key members and board of directors at Gsec?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Ramanlal  | Managing Director | 08-Mar-2004 | Current |
| Shaishav Shah | Managing Director | 12-Jun-2010 | Current |
| Jay Chavda | Company Secretary | 18-Apr-2024 | Current |
| Shri Shah | CFO | 14-May-2021 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Samir Hanskumar | Whole-Time Director | 01-Apr-2011 | Current |
| Maheswar Sahu | Director | 27-Apr-2018 | Current |
| Sandip Parikh | Director | 17-Feb-2016 | Current |
| Raji Shah | Director | 01-Apr-2016 | Current |
Financial Performance and Corporate Structure Insights of Gsec.
Gsec Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.6% increase. The company also saw a substantial fall in profitability, with a 83.86% decrease in profit. The company's net worth moved up by a moderate rise of 5.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Gsec?
In 2023, Gsec had a promoter holding of 97.43% and a public holding of 2.56%. The company had 6 Subsidiaries, 1 Joint Venture and 5 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gulmohar Greens-Golf And Country Club LimitedActive 19 years 6 monthsRakesh Ramanlal is a mutual person
Gsec Waste Management Solutions Private LimitedActive 4 years 10 monthsRakesh Ramanlal is a mutual person
Smartmeters Technologies Private LimitedActive 5 years 2 monthsRakesh Ramanlal and Shaishav Shah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 30 Apr 2018 | ₹49.50 Cr | Open |
Kotak Mahindra Prime Limited Creation Date: 03 Aug 2015 | ₹3.00 Cr | Satisfied |
Dcb Bank Limited Creation Date: 03 Jan 2015 | ₹45.00 Cr | Satisfied |
How Many Employees Work at Gsec?
Gsec has a workforce of 86 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gsec, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gsec's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
