Gujarat Fibre Grid Network Limited

SPV implementing 'BharatNet' project for state-to-village fibre grid and internet facilities in Gujarat.

2016 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: October 23, 2024

Gujarat Fibre Grid Network Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -9.31%
  • Profit Growth -113.30%
  • Ebitda -96.80%
  • Net Worth -0.53%
  • Total Assets 6.40%

About Gujarat Fibre Grid Network

Gujarat Fibre Grid Network Limited (GFGNL) is a Public Limited State Government Company incorporated in India on 30 September 2016 (Eight years and four months 2 days old ). Its registered office is in Gandhi Nagar, Gujarat, India.

The Company is engaged in the Telecom 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 1.00 Cr and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Fibre Grid Network Limited India is Dharmistha Darji as COMPANY SECRETARY. Tusharkumar Bhatt, Dharmendra Sharma, Mona Khandhar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2016SGC093925

  • Company No.

    093925

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    30 Sep 2016

  • Date of AGM

    21 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Telecom

Who are the key members and board of directors at Gujarat Fibre Grid Network?

Executive Team (2)

Name Designation Appointment Date Status
Dharmistha Darji Country flag representing In Company Secretary 16-May-2022 Current
Mona Khandhar Country flag representing In Managing Director 21-Jun-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Dharmendra Sharma Country flag representing In Director 20-Oct-2018 Current
Tusharkumar Bhatt Country flag representing In Director 06-Apr-2023 Current
Ashwinikumar Yadav Country flag representing In Director 22-Jun-2023 Current
Manoj Das Country flag representing In Director 01-Feb-2023 Current

Financial Performance of Gujarat Fibre Grid Network.

Gujarat Fibre Grid Network Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.31% decrease. The company also saw a substantial fall in profitability, with a 113.3% decrease in profit. The company's net worth dipped by a decrease of 0.53%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-9.31%
Revenue from Operations
-9.41%
Total Assets
6.40%
Profit or Loss
-113.30%
Net Worth
-0.53%
EBITDA
-96.80%

What is the Ownership and Shareholding Structure of Gujarat Fibre Grid Network?

In 2023, Gujarat Fibre Grid Network had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Gujarat Fibre Grid Network?

Gujarat Fibre Grid Network has a workforce of 67 employees as of Oct 14, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gujarat Fibre Grid Network, 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 Gujarat Fibre Grid Network's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Gujarat Fibre Grid Network

Recent activity within the organization

  • Annual General Meeting

    Gujarat Fibre Grid Network Limited last Annual general meeting of members was held on 21 Dec 2023 as per latest MCA records.

    21 Dec 2023

  • Director Appointment

    Ashwinikumar Rajendraprasad Yadav was appointed as a Director was appointed as a Director on 22 Jun 2023 & has been associated with this company since 1 year 7 months .

    22 Jun 2023

  • Director Appointment

    Mona Mukesh Khandhar was appointed as a Managing Director was appointed as a Managing Director on 21 Jun 2023 & has been associated with this company since 1 year 7 months .

    21 Jun 2023

  • Balance Sheet

    Gujarat Fibre Grid Network Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Manoj Kumar Das was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 1 year 11 months .

    01 Feb 2023

  • Director Appointment

    Dharmistha Jagdishbhai Darji was appointed as a Company Secretary was appointed as a Company Secretary on 16 May 2022 & has been associated with this company since 2 years 8 months .

    16 May 2022

Frequently asked questions

  • Gujarat Fibre Grid Network Limited was incorporated on 30 Sep 2016.

  • The authorized share capital of Gujarat Fibre Grid Network Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 6 directors are associated with Gujarat Fibre Grid Network Limited.

    • Dharmistha Jagdishbhai Darji
    • Tusharkumar Yashvantray Bhatt
    • Dharmendra Sharma
    • Mona Mukesh Khandhar
    • Ashwinikumar Rajendraprasad Yadav
    • Manoj Kumar Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Fibre Grid Network Limited is Block No.1 8Th Floor Udyog Bhavan, Sector No.-11 India, Gandhinagar, Gujarat, 382010.

  • The corporate identification number (CIN) of Gujarat Fibre Grid Network Limited is U74999GJ2016SGC093925 and the company number is 093925 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gujarat Fibre Grid Network Limited is https://www.bharatnet.gujarat.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat Fibre Grid Network Limited has fallen by -9.31%.

  • As Per 2023 financial reports, 67 employees are currently employed by Gujarat Fibre Grid Network Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat Fibre Grid Network Limited has experienced an downturn of -0.53%.

  • The most recent Balance Sheet for Gujarat Fibre Grid Network Limited was filed with the ROC on 31 Mar 2023.

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