Gujarat Rail Infrastructure Development Corporation Limited

Develops rail infrastructure through joint venture with Gujarat government and Ministry of Railways.

2017 | Gandhinagar, Gujarat (India) | Active
Last Updated: October 14, 2024

Gujarat Rail Infrastructure Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 99.00 Cr
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -24.49%
  • Profit Growth 3656.33%
  • Ebitda 23.90%
  • Net Worth 17.60%
  • Total Assets 53.92%

About Gujarat Rail Infrastructure Development Corporation

Gujarat Rail Infrastructure Development Corporation Limited (GRIDCL) is a Public Limited State Government Company incorporated in India on 06 January 2017 (Eight years and one month 16 days old ). Its registered office is in Gandhinagar, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities 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 500.00 Cr and a paid-up capital of Rs 99.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Rail Infrastructure Development Corporation Limited India is Shambhuprasad Joshi as CFO. Mamta Verma, Santosh Kumar, Kalpesh Vithlani, and Four other members serve as directors at the Company.

Company Details

  • Location

    Gandhinagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gride.org.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2017SGC095040

  • Company No.

    095040

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    06 Jan 2017

  • Date of AGM

    02 Mar 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Gujarat Rail Infrastructure Development Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Sandip Sagale Country flag representing In Managing Director11-Sep-2023Current
Shambhuprasad Joshi Country flag representing In CFO30-Jan-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Mamta Verma Country flag representing In Nominee Director 28-Sep-2024Current
Santosh Kumar Country flag representing In Nominee Director 19-May-2017Current
Kalpesh Vithlani Country flag representing In Nominee Director 14-Oct-2020Current
Ankitaben Christiyan Country flag representing In Nominee Director 06-Oct-2020Current
Sanjay Gupta Country flag representing In Nominee Director 30-Nov-2021Current
Uday Jha Country flag representing In Nominee Director 09-Dec-2022Current

Financial Performance of Gujarat Rail Infrastructure Development Corporation.

Gujarat Rail Infrastructure Development Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.49% decrease. The company also saw a substantial improvement in profitability, with a 3656.33% increase in profit. The company's net worth Soared by an impressive increase of 17.6%.

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
-24.49%
Revenue from Operations
-41.21%
Total Assets
53.92%
Profit or Loss
3656.33%
Net Worth
17.60%
EBITDA
23.90%

What is the Ownership and Shareholding Structure of Gujarat Rail Infrastructure Development Corporation?

In 2023, Gujarat Rail Infrastructure Development Corporation had a promoter holding of 100.00%. The company had 3 Joint Ventures. 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 Rail Infrastructure Development Corporation?

Unlock and access historical data on people associated with Gujarat Rail Infrastructure Development Corporation, 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 Rail Infrastructure Development Corporation, 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 Rail Infrastructure Development Corporation'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 Rail Infrastructure Development Corporation

Recent activity within the organization

  • Director Appointment

    Mamta Verma was appointed as a Nominee Director was appointed as a Nominee Director on 28 Sep 2024 & has been associated with this company since 4 months 27 days .

    28 Sep 2024

  • Annual General Meeting

    Gujarat Rail Infrastructure Development Corporation Limited last Annual general meeting of members was held on 02 Mar 2024 as per latest MCA records.

    02 Mar 2024

  • Director Appointment

    Sandip Janardhan Sagale was appointed as a Managing Director was appointed as a Managing Director on 11 Sep 2023 & has been associated with this company since 1 year 5 months .

    11 Sep 2023

  • Balance Sheet

    Gujarat Rail Infrastructure Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Kalpesh Kiritbhai Vithlani was appointed as a Nominee Director was appointed as a Nominee Director on 14 Oct 2020 & has been associated with this company since 4 years 4 months .

    14 Oct 2020

  • Director Appointment

    Ankitaben Rameshbhai Christiyan was appointed as a Nominee Director was appointed as a Nominee Director on 06 Oct 2020 & has been associated with this company since 4 years 4 months .

    06 Oct 2020

Frequently asked questions

  • Gujarat Rail Infrastructure Development Corporation Limited was incorporated on 06 Jan 2017.

  • The authorized share capital of Gujarat Rail Infrastructure Development Corporation Limited is ₹ 500.00 Cr and paid-up capital is ₹ 99.00 Cr.

  • Currently 8 directors are associated with Gujarat Rail Infrastructure Development Corporation Limited.

    • Mamta Verma
    • Santosh Kumar
    • Kalpesh Kiritbhai Vithlani
    • Sandip Janardhan Sagale
    • Ankitaben Rameshbhai Christiyan
    • Sanjay Omprakash Gupta
    • Uday Shankar Jha
    • Shambhuprasad Nageshvar Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Rail Infrastructure Development Corporation Limited is 7Th Floor Block No. 6, Udhyog Bhavan, Gandhinagar, Gujarat, India, 382017.

  • The corporate identification number (CIN) of Gujarat Rail Infrastructure Development Corporation Limited is U74999GJ2017SGC095040 and the company number is 095040 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gujarat Rail Infrastructure Development Corporation Limited is https://www.gride.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat Rail Infrastructure Development Corporation Limited has fallen by -24.49%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat Rail Infrastructure Development Corporation Limited has experienced an upsurge of 17.60%.

  • The most recent Balance Sheet for Gujarat Rail Infrastructure Development Corporation Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Railway Infrastructure Development