
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
- 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
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)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Tapan Ray ![]() | Managing Director | 10-Jun-2019 | Current |
Avichal Khera ![]() | CFO | 19-Aug-2014 | Current |
Chintan Amlani | Company Secretary | 31-May-2023 | Current |
Board Members (8)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Chetan Vaidya ![]() | Director | 26-Sep-2022 | Current |
Anjali Bansal ![]() | Director | 14-May-2022 | Current |
Hasmukh Adhia ![]() | Nominee Director | 18-Jul-2023 | Current |
Ajay Tyagi ![]() | Director | 18-Aug-2023 | Current |
Thiruvenkadam Natarajan ![]() | Nominee Director | 18-Sep-2024 | Current |
Ashwinikumar Yadav ![]() | Nominee Director | 18-Aug-2023 | Current |
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%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (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 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.

Related Corporates (Common Directorship)
- Swan Lng Private Limited
Rajkumar Beniwal is a mutual person
- Sardar Sarovar Narmada Nigam Limited
Thiruvenkadam Natarajan is a mutual person
- Nestle India Limited
Anjali Bansal is a mutual person
- Gujarat Urja Vikas Nigam Limited
Rajat Moona is a mutual person
- Gujarat Urban Development Company Limited
Ashwinikumar Yadav and Rajkumar Beniwal are mutual person
- Gujarat Pipavav Port Limited
Rajkumar Beniwal is a mutual person
Charges (Loans)
₹0
₹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
Date | Lender | Amount | Status |
---|---|---|---|
19 Aug 2014 | Others | ₹1,299.00 Cr | Satisfied |
23 Jan 2014 | Bank Of India | ₹125.00 Cr | Satisfied |
11 Dec 2013 | Axis Bank Limited | ₹40.00 Cr | Satisfied |
28 Mar 2013 | Syndicate Bank | ₹150.00 Cr | Satisfied |
23 Mar 2013 | Axis Bank Limited | ₹50.00 Cr | Satisfied |
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.

Deals i

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

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.