Gujarat State Financial Services Ltd

This company provides financial services and manages surplus funds for state-owned organizations and PSUs.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 11, 2024

Gujarat State Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 300.00 Cr
  • Paid Up Capital ₹ 188.00 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -9.72%
  • Profit Growth -67.27%
  • Ebitda -9.51%
  • Net Worth 10.00%
  • Total Assets 11.82%

About Gujarat State Financial Services

Gujarat State Financial Services Ltd (GSFSL) is a leading Public Limited State Government Company incorporated in India on 20 November 1992 and has a history of 32 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as State Finance Corporation Of Gujarat Ltd. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 300.00 Cr and a paid-up capital of Rs 188.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat State Financial Services Ltd India are Neeraj Jain as COMPANY SECRETARY and Nitin Shah as Cfo. Thiruvenkadam Natarajan, Bhadresh Mehta, Arti Kanwar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1992SGC018602

  • Company No.

    018602

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    20 Nov 1992

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Gujarat State Financial Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Thiruvenkadam Natarajan Country flag representing In Managing Director10-Sep-2024Current
Neeraj Jain Company Secretary22-Jun-2023Current
Nitin Shah CFO21-Aug-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhadresh Mehta Country flag representing In Director 01-Dec-2019Current
Arti Kanwar Country flag representing In Nominee Director 23-Mar-2016Current
Manisha Chandra Country flag representing In Nominee Director 05-Oct-2023Current
Vikramaditya Khichi Country flag representing In Director 29-Nov-2023Current
Ishwarbhai Chaudhari Country flag representing In Nominee Director 04-Mar-2023Current

Financial Performance of Gujarat State Financial Services.

Gujarat State Financial Services Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.72% decrease. The company also saw a substantial fall in profitability, with a 67.27% decrease in profit. The company's net worth by .

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
-9.72%
Revenue from Operations
-11.17%
Total Assets
11.82%
Profit or Loss
-67.27%
Net Worth
10.00%
EBITDA
-9.51%

What is the Ownership and Shareholding Structure of Gujarat State Financial Services?

In 2023, Gujarat State Financial Services had a promoter holding of 77.02% and a public holding of 22.98%. 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 State Financial Services?

Gujarat State Financial Services has a workforce of 19 employees as of Oct 22, 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 State Financial Services, 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 State Financial Services'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 State Financial Services

Recent activity within the organization

  • Annual General Meeting

    Gujarat State Financial Services Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Thiruvenkadam Natarajan was appointed as a Managing Director was appointed as a Managing Director on 10 Sep 2024 & has been associated with this company since 4 months 22 days .

    10 Sep 2024

  • Balance Sheet

    Gujarat State Financial Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Vikramaditya Singh Khichi was appointed as a Director was appointed as a Director on 29 Nov 2023 & has been associated with this company since 1 year 2 months .

    29 Nov 2023

  • Director Appointment

    Manisha Chandra was appointed as a Nominee Director was appointed as a Nominee Director on 05 Oct 2023 & has been associated with this company since 1 year 3 months .

    05 Oct 2023

  • Director Appointment

    Neeraj Jain was appointed as a Company Secretary was appointed as a Company Secretary on 22 Jun 2023 & has been associated with this company since 1 year 7 months .

    22 Jun 2023

Frequently asked questions

  • Gujarat State Financial Services Ltd was incorporated on 20 Nov 1992.

  • The authorized share capital of Gujarat State Financial Services Ltd is ₹ 300.00 Cr and paid-up capital is ₹ 188.00 Cr.

  • Currently 8 directors are associated with Gujarat State Financial Services Ltd.

    • Thiruvenkadam Natarajan
    • Bhadresh Vinaychandra Mehta
    • Arti Kanwar
    • Manisha Chandra
    • Vikramaditya Singh Khichi
    • Ishwarbhai Dahyabhai Chaudhari
    • Neeraj Jain
    • Nitin Bhogilal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat State Financial Services Ltd is Wingb 3Rdfloor Khanijbhavan 132Ft.Ringroad Nearuniversityground, Vastrapur India, Ahmedabad, Gujarat, 380052.

  • The corporate identification number (CIN) of Gujarat State Financial Services Ltd is U65910GJ1992SGC018602 and the company number is 018602 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gujarat State Financial Services Ltd is https://www.gsfs.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gujarat State Financial Services Ltd has fallen by -9.72%.

  • As Per 2022 financial reports, 19 employees are currently employed by Gujarat State Financial Services Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gujarat State Financial Services Ltd has experienced an upsurge of 10.00%.

  • The most recent Balance Sheet for Gujarat State Financial Services Ltd was filed with the ROC on 31 Mar 2024.

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