GFC Associates Private Limited
About GFC Associates Private Limited
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GFC Associates Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 22 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65999GJ2018PTC102479.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ankit Upendrabhai Shah and Nitinbhai Gandalal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 – A Vruj Bhumi Appartment B/H.Falguni Tenament Jodhpur Gam Road Satelite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2021, the company reported a revenue of ₹16.59 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹13,194 (net margin 0.8%) and EBITDA of ₹13,194 (EBITDA margin 0.8%).
Company details
Contact details
GFC Associates Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address101 – A Vruj Bhumi Appartment B/H.Falguni Tenament Jodhpur Gam Road Satelite, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Other Financial Intermediation
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of GFC Associates is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
Financials of GFC Associates Private Limited
FY 2024 filings availableGFC Associates Private Limited reported revenue of ₹16.59 Lakh (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA fell 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹13,194 | ||
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| Net Profit (PAT) | ₹13,194 | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||
| EBITDA Margin | 0.8% | ||
| Net Profit Margin | 0.8% | ||
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To see the full financial statements and ratios of GFC Associates Private Limited, buy the company report.
Board of directors of GFC Associates Private Limited
GFC Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Upendrabhai Shah | Director | 22 May 2018 | 8 Years 5 Months | Current |
| Nitinbhai Gandalal Shah | Director | 22 May 2018 | 8 Years 5 Months | Current |
Peer comparison
GFC Associates Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Camp Capital Solutions Private Limited | ₹16.63 Lakh (FY 2024) | 2089.0% | Ghaziabad, Uttar Pradesh, India | |||
| Existence Advisory Solutions Private Limited | ₹16.62 Lakh (FY 2024) | 12.0% | Fort, Mumbai, Maharashtra, India | |||
| Tradedeal Commodities Services Private Limited | ₹16.6 Lakh (FY 2019) | -12.0% | Ahmedabad, Gujarat, India | |||
| Ard Financial & Management Consultants Private Limited | ₹16.59 Lakh (FY 2024) | -10.0% | Kamla Nagar, Delhi, India | |||
| Sarvabhagya Securities Private Limited | ₹16.59 Lakh (FY 2025) | -4.0% | Thrissur, Kerala, India | |||
| GFC Associates Private Limitedthis company | ₹16.59 Lakh (FY 2021) | ₹13,194 | 0.8% | -73.0% | Ahmedabad, Gujarat, India | |
| Mayur Capstocks Pvt Ltd | ₹16.56 Lakh (FY 2025) | 538.0% | Ahmedabad, Gujarat, India | |||
| Allegro Insurance Brokers Private Limited | ₹16.55 Lakh (FY 2025) | 536.0% | Bangalore, Karnataka, India | |||
| Dave Securities Pvt Ltd | ₹16.55 Lakh (FY 2024) | 5455.0% | Rajkot, Gujarat, India | |||
| Bhilwara Consultancy Private Limited | ₹16.53 Lakh (FY 2021) | 25.0% | Bhilwara, Rajasthan, India | |||
| Araecon Consultancy Private Limited | ₹16.52 Lakh (FY 2023) | 62.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of GFC Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GFC Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GFC Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for GFC Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GFC Associates Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ankit Upendrabhai Shah was appointed as Director on 22 May 2018.
Frequently asked questions
GFC Associates is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 22 May 2018 (8+ years old) and is registered under CIN U65999GJ2018PTC102479.
GFC Associates has 2 current directors:
- Ankit Upendrabhai Shah - Director
- Nitinbhai Gandalal Shah - Director
The latest financial statements of GFC Associates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of GFC Associates is U65999GJ2018PTC102479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GFC Associates was incorporated on 22 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of GFC Associates by revenue are New Camp Capital Solutions Private Limited, Existence Advisory Solutions Private Limited, Tradedeal Commodities Services Private Limited, Ard Financial & Management Consultants Private Limited, Sarvabhagya Securities Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Ankit Upendrabhai Shah was appointed as Director on 22 May 2018. Nitinbhai Gandalal Shah was appointed as Director on 22 May 2018.
The registered office of GFC Associates is at 101 – A Vruj Bhumi Appartment BH.Falguni Tenament Jodhpur Gam Road Satelite, Ahmedabad, Gujarat, India – 380015.
GFC Associates operates in the financial services industry, in the other financial intermediation segment.
GFC Associates can be reached at its registered office: 101 – A Vruj Bhumi Appartment BH.Falguni Tenament Jodhpur Gam Road Satelite, Ahmedabad, Gujarat, India – 380015.
GFC Associates is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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