Gujarat State Handloom And Handicrafts Development Corporation Limited

Reviving and developing handicrafts and handlooms through various traditional techniques.

1973 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Gujarat State Handloom And Handicrafts Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.06 Cr
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.70 M
  • Satisfied Charges ₹ 8.00 M
  • Revenue Growth 0.22%
  • Profit Growth -132.47%
  • Ebitda -60.16%
  • Net Worth -6.10%
  • Total Assets -41.61%

About Gujarat State Handloom And Handicrafts Development Corporation

Gujarat State Handloom And Handicrafts Development Corporation Limited (GSHAHDCL) was founded in India on 10 August 1973 and has a glorious history of 51 years and seven months. Its registered office is in Gandhi Nagar, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 15.00 Cr and a paid-up capital of Rs 12.06 Cr.

The company currently has active open charges totaling ₹6.70 M. The company has closed loans amounting to ₹8.00 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat State Handloom And Handicrafts Development Corporation Limited India are Venkateswarlu Badathala as CFO and Varshaben Chaudhari as Cfo. Pravinbhai Patel, Rameshbhai Patel, Arindam Das, and Two 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

    U22219GJ1973SGC002360

  • Company No.

    002360

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    10 Aug 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

What products or services does Gujarat State Handloom And Handicrafts Development Corporation Limited offer?

Gujarat State Handloom And Handicrafts Development Corporation Limited offers a wide range of products and services, including Embroidery Job Work, Fancy Embroidery Work, Ladies Suits, Bandhani Suit, Center Tables, Designer Center Table, Wood Chair & Stool, Wooden Chair, Kitchen & Dining Furniture, Dining Table & Chair.

Who are the key members and board of directors at Gujarat State Handloom And Handicrafts Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Venkateswarlu Badathala CFO06-Mar-2019Current
Lalit Sandu Country flag representing In Managing Director31-Mar-2023Current
Varshaben Chaudhari CFO04-Oct-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Kamal Tailor Country flag representing In Director 17-Feb-2018Current
Pravinbhai Patel Country flag representing In Director 17-Feb-2018Current
Rameshbhai Patel Country flag representing In Director 14-Mar-2017Current
Arindam Das Country flag representing In Director 29-Sep-2014Current

Financial Performance of Gujarat State Handloom And Handicrafts Development Corporation.

Gujarat State Handloom And Handicrafts Development Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.22% increase. The company also saw a substantial fall in profitability, with a 132.47% decrease in profit. The company's net worth dipped by a decrease of 6.1%.

Gujarat State Handloom And Handicrafts Development Corporation revenue growth over time
Gujarat State Handloom And Handicrafts Development Corporation 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
0.22%
Revenue from Operations
0.15%
Total Assets
-41.61%
Profit or Loss
-132.47%
Net Worth
-6.10%
EBITDA
-60.16%

What is the Ownership and Shareholding Structure of Gujarat State Handloom And Handicrafts Development Corporation?

In 2023, Gujarat State Handloom And Handicrafts Development Corporation had a promoter holding of 99.84% and a public holding of 0.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.67 Cr

Satisfied Charges

₹0.80 Cr

Charges Breakdown by Lending Institutions

  • The Gujarat Industrial Co-Op. Bank Ltd. : 0.65 Cr
  • State Bank Of India : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 1993The Gujarat Industrial Co-Op. Bank Ltd.₹5.00 MOpen
05 Jun 1982The Gujarat Industrial Co-Op. Bank Ltd.₹1.50 MOpen
09 Feb 1977State Bank Of India₹0.20 MOpen
29 Mar 1999The Gujarat Industrial Co-Op. Bank Ltd.₹8.00 MSatisfied
04 Sep 1992Dena Bank₹0.00Satisfied

How Many Employees Work at Gujarat State Handloom And Handicrafts Development Corporation?

Gujarat State Handloom And Handicrafts Development Corporation has a workforce of 21 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.

Employee growth trends for Gujarat State Handloom And Handicrafts Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gujarat State Handloom And Handicrafts 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 State Handloom And Handicrafts 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 State Handloom And Handicrafts Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Gujarat State Handloom And Handicrafts Development Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Gujarat State Handloom And Handicrafts Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Venkateswarlu Badathala was appointed as a Cfo was appointed as a Cfo on 06 Mar 2019 & has been associated with this company since 6 years 22 days .

  • Director Appointment

    Pravinbhai Patel was appointed as a Director was appointed as a Director on 17 Feb 2018 & has been associated with this company since 7 years 1 month .

  • Director Appointment

    Kamal Sureshbhai Tailor was appointed as a Director was appointed as a Director on 17 Feb 2018 & has been associated with this company since 7 years 1 month .

  • Director Appointment

    Rameshbhai Patel was appointed as a Director was appointed as a Director on 14 Mar 2017 & has been associated with this company since 8 years 13 days .

Frequently asked questions

  • What is the Incorporation or founding date of Gujarat State Handloom And Handicrafts Development Corporation Limited?

    Gujarat State Handloom And Handicrafts Development Corporation Limited was incorporated on 10 Aug 1973.

  • What is authorized share capital and paid-up capital of Gujarat State Handloom And Handicrafts Development Corporation Limited?

    The authorized share capital of Gujarat State Handloom And Handicrafts Development Corporation Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.06 Cr.

  • Who are the current board members & directors of Gujarat State Handloom And Handicrafts Development Corporation Limited?

    Currently 7 directors are associated with Gujarat State Handloom And Handicrafts Development Corporation Limited.

    • Venkateswarlu Badathala
    • Pravinbhai Patel
    • Rameshbhai Patel
    • Arindam Das
    • Kamal Sureshbhai Tailor
    • Lalit Narayan Singh Sandu
    • Varshaben Mohanbhai Chaudhari

  • What is the registered address of Gujarat State Handloom And Handicrafts Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat State Handloom And Handicrafts Development Corporation Limited is 01St Floor Handloom Technology Institute Railway Station Road Sector-13, India, Gandhinagar, Gujarat, 382016.

  • What is the corporate identification number (CIN) and company number of Gujarat State Handloom And Handicrafts Development Corporation Limited?

    The corporate identification number (CIN) of Gujarat State Handloom And Handicrafts Development Corporation Limited is U22219GJ1973SGC002360 and the company number is 002360 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gujarat State Handloom And Handicrafts Development Corporation Limited?

    The Official website of Gujarat State Handloom And Handicrafts Development Corporation Limited is https://www.gurjari.gujarat.gov.in

  • What has been the recent revenue trend for Gujarat State Handloom And Handicrafts Development Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat State Handloom And Handicrafts Development Corporation Limited has risen by 0.22%.

  • How many employees does Gujarat State Handloom And Handicrafts Development Corporation Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by Gujarat State Handloom And Handicrafts Development Corporation Limited.

  • What change has been observed in the net worth of Gujarat State Handloom And Handicrafts Development Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat State Handloom And Handicrafts Development Corporation Limited has experienced an downturn of -6.10%.

  • What are the total open charges for Gujarat State Handloom And Handicrafts Development Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gujarat State Handloom And Handicrafts Development Corporation Limited amount to ₹ 6.70 M.

  • When was the last Balance Sheet of Gujarat State Handloom And Handicrafts Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Gujarat State Handloom And Handicrafts Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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