Gujarat International Finance Tec-City Company Limited

Provides financial and IT services in a large development area.

2007 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: October 23, 2024

Gujarat International Finance Tec-City Company Profile

Key Indicators

  • Authorised Capital ₹ 1,030.00 Cr
  • Paid Up Capital ₹ 690.42 Cr
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2,107.83 Cr
  • Revenue Growth 380.28%
  • Profit Growth 490.02%
  • Ebitda 795.41%
  • Net Worth 108.30%
  • Total Assets 25.27%

About Gujarat International Finance Tec-City Company

Gujarat International Finance Tec-City Company Limited (GIFTCL) is a leading Public Limited State Government Company incorporated in India on 21 June 2007 and has a history of 17 years and eight months. Its registered office is in Gandhi Nagar, Gujarat, India.

The Corporate was formerly known as Gujarat Finance City Development Company Limited. The Company is engaged in the Real Estate 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 1,030.00 Cr and a paid-up capital of Rs 690.42 Cr.

The company has closed loans amounting to ₹2,107.83 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat International Finance Tec-City Company Limited India are Avichal Khera as CFO and Chintan Amlani as Company Secretary. Hasmukh Adhia, Ajay Tyagi, Anjali Bansal, and Six other members serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    giftgujarat.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U75100GJ2007SGC051160

  • Company No.

    051160

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    21 Jun 2007

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate

What products or services does Gujarat International Finance Tec-City Company Limited offer?

Gujarat International Finance Tec-City Company Limited offers a wide range of products and services, including Building & Real Estate Developers, Construction Service, Waste Management & Control Services, Waste Management Services, Industrial Cooling System, Water Cooling Systems, Water Treatment & Purification Plant, Water Treatment Plants, Water Supply System, Call Centre & Customer Care Services.

Who are the key members and board of directors at Gujarat International Finance Tec-City Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Tapan Ray Country flag representing In Managing Director10-Jun-2019Current
Avichal Khera Country flag representing In CFO19-Aug-2014Current
Chintan Amlani Company Secretary31-May-2023Current

Financial Performance of Gujarat International Finance Tec-City Company.

Gujarat International Finance Tec-City Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 380.28% increase. The company also saw a substantial improvement in profitability, with a 490.02% increase in profit. The company's net worth Soared by an impressive increase of 108.3%.

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
380.28%
Revenue from Operations
389.75%
Total Assets
25.27%
Profit or Loss
490.02%
Net Worth
108.30%
EBITDA
795.41%

What is the Ownership and Shareholding Structure of Gujarat International Finance Tec-City Company?

In 2022, Gujarat International Finance Tec-City Company had a promoter holding of 100.00%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,107.83 Cr

Charges Breakdown by Lending Institutions

  • Others : 1299.00 Cr
  • Il & Fs Trust Company Limited : 393.83 Cr
  • Syndicate Bank : 150.00 Cr
  • Bank Of India : 125.00 Cr
  • Axis Bank Limited : 90.00 Cr
  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Aug 2014Others₹1,299.00 CrSatisfied
23 Jan 2014Bank Of India₹125.00 CrSatisfied
11 Dec 2013Axis Bank Limited₹40.00 CrSatisfied
28 Mar 2013Syndicate Bank₹150.00 CrSatisfied
23 Mar 2013Axis Bank Limited₹50.00 CrSatisfied

How Many Employees Work at Gujarat International Finance Tec-City Company?

Unlock and access historical data on people associated with Gujarat International Finance Tec-City Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gujarat International Finance Tec-City Company, 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 International Finance Tec-City Company'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 International Finance Tec-City Company

Recent activity within the organization

  • Director Appointment

    Thiruvenkadam Natarajan was appointed as a Nominee Director was appointed as a Nominee Director on 18 Sep 2024 & has been associated with this company since 5 months 11 days .

    18 Sep 2024

  • Annual General Meeting

    Gujarat International Finance Tec-City Company Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Director Appointment

    Ajay Tyagi was appointed as a Director was appointed as a Director on 18 Aug 2023 & has been associated with this company since 1 year 6 months .

    18 Aug 2023

  • Director Appointment

    Ashwinikumar Rajendraprasad Yadav was appointed as a Nominee Director was appointed as a Nominee Director on 18 Aug 2023 & has been associated with this company since 1 year 6 months .

    18 Aug 2023

  • Director Appointment

    Rajat Moona was appointed as a Director was appointed as a Director on 18 Aug 2023 & has been associated with this company since 1 year 6 months .

    18 Aug 2023

  • Director Appointment

    Hasmukh Adhia was appointed as a Nominee Director was appointed as a Nominee Director on 18 Jul 2023 & has been associated with this company since 1 year 7 months .

    18 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Gujarat International Finance Tec-City Company Limited?

    Gujarat International Finance Tec-City Company Limited was incorporated on 21 Jun 2007.

  • What is authorized share capital and paid-up capital of Gujarat International Finance Tec-City Company Limited?

    The authorized share capital of Gujarat International Finance Tec-City Company Limited is ₹ 1,030.00 Cr and paid-up capital is ₹ 690.42 Cr.

  • Who are the current board members & directors of Gujarat International Finance Tec-City Company Limited?

    Currently 11 directors are associated with Gujarat International Finance Tec-City Company Limited.

    • Hasmukh Adhia
    • Ajay Tyagi
    • Anjali Bansal
    • Thiruvenkadam Natarajan
    • Tapan Ray
    • Ashwinikumar Rajendraprasad Yadav
    • Rajkumar Beniwal
    • Chetan Vamanrao Vaidya
    • Rajat Moona
    • Avichal Ripudamansingh Khera
    • Chintan Nareshkumar Amlani
  • What is the registered address of Gujarat International Finance Tec-City Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat International Finance Tec-City Company Limited is Eps - Building No. 49A Block 49 Zone 04 Gyan Marg Gift City, India, Gandhinagar, Gujarat, 382355.

  • What is the corporate identification number (CIN) and company number of Gujarat International Finance Tec-City Company Limited?

    The corporate identification number (CIN) of Gujarat International Finance Tec-City Company Limited is U75100GJ2007SGC051160 and the company number is 051160 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gujarat International Finance Tec-City Company Limited?

    The Official website of Gujarat International Finance Tec-City Company Limited is https://www.giftgujarat.in

  • What has been the recent revenue trend for Gujarat International Finance Tec-City Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat International Finance Tec-City Company Limited has risen by 380.28%.

  • What change has been observed in the net worth of Gujarat International Finance Tec-City Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat International Finance Tec-City Company Limited has experienced an upsurge of 108.30%.

  • When was the last Balance Sheet of Gujarat International Finance Tec-City Company Limited filed with the ROC?

    The most recent Balance Sheet for Gujarat International Finance Tec-City Company Limited was filed with the ROC on 31 Mar 2023.

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