About Gujarat Isp Services Limited
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Gujarat Isp Services Limited is a public limited state government company based in Gandhinagar, Gujarat, India, a subsidiary of Gujarat Informatics Limited. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 05 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016SGC094571. Its GSTIN is 24AAGCG7684M1D8 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Ankitaben Rameshbhai Christiyan and Arvind Vijayan.
Its last annual general meeting (AGM) was held on 27 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No. 2 2nd Floor D Wing Karmayogi Bhavan Sector 10A, Gandhinagar, Gujarat, India – 382010.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹78.2 Lakh (net margin 17.9%) and EBITDA of ₹4.29 Cr (EBITDA margin 98.2%). Revenue has grown at a compounded annual rate (CAGR) of 722% over three years and 255% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujarat.gov.in.
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- Website
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- Registered AddressBlock No. 2 2nd Floor D Wing Karmayogi Bhavan Sector 10A, Gandhinagar, Gujarat, India – 382010
- IndustryTelecom, ISP & Broadband Services
- 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
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Business Activity of Gujarat Isp Services Limited
The main business activity of Gujarat Isp Services is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gujarat Isp Services Limited FY 2024 filings available
Gujarat Isp Services Limited reported revenue of ₹4.36 Cr (up 41791% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gujarat Isp Services Limited
Revenue has grown at a compounded annual rate (CAGR) of 255% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Gujarat Isp Services Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹78.2 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Gujarat Isp Services Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gujarat Isp Services are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gujarat Isp Services Limited
Gujarat Isp Services Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trucktek Private Limited | ₹4.55 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Jetway Broadband India Private Limited | ₹4.43 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ambernath, Maharashtra, India |
| Community Cable Network Limited | ₹4.43 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Thrissur, Kerala, India |
| Tangoplus Broadband Private Limited | ₹4.42 Cr (FY 2025) | •••• | •••• | 273.0% | •••• | Mumbai, Maharashtra, India |
| Five Net Service Provider Private Limited | ₹4.41 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Gujarat Isp Services Limited this company | ₹4.36 Cr (FY 2024) | •••• | •••• | 41791.0% | •••• | Gandhinagar, Gujarat, India |
| Globetek Infoway Private Limited | ₹4.34 Cr (FY 2023) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| 1Network Webserve Private Limited | ₹4.32 Cr (FY 2024) | •••• | •••• | 92.0% | •••• | Mumbai, Maharashtra, India |
| Bits and Byte Communications Private Limited | ₹4.3 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Digitax India Communications Private Limited | ₹4.3 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Chandigarh, India |
| SBR Networks Private Limited | ₹4.29 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Gujarat Isp Services by revenue in the Telecom industry (Landline ISP and Broadband), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gujarat Isp Services Limited
Gujarat Isp Services Limited is audited by H S K & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H S K & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gujarat Isp Services Limited
Gujarat Isp Services has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankitaben Rameshbhai Christiyan | Director | 29 Mar 2021 | 5 Years 6 Months | Current |
| Arvind Vijayan Also directs: Gujarat Informatics Limited | Director | 15 Apr 2025 | 1 Years 5 Months | Current |
| Bharathi Ponugumatla | Director | 05 Aug 2025 | 1 Years 2 Months | Current |
| Rameshbhai Chhaganbhai Desai | Director | 04 Feb 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding of Gujarat Isp Services Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gujarat Isp Services Limited
Gujarat Isp Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gujarat Isp Services Limited
Employment history and EPFO contributions of people linked to Gujarat Isp Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gujarat Isp Services Limited
Gujarat Isp Services Limited has 17 board changes on record since 2017: 5 appointments and 12 cessations. The latest: Rameshbhai Chhaganbhai Desai was appointed as Director on 04 Feb 2026.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gujarat Isp Services Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gujarat Isp Services Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gujarat Isp Services Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gujarat Isp Services Limited
Gujarat Isp Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG7684M1D8 | Gujarat | Active | 15 Jun 2021 |
| 24AAGCG7684M2ZY | Gujarat | Active | 22 Jun 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gujarat Isp Services Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gujarat Isp Services Limited
Gujarat Isp Services is an active public limited state government company based in Gandhinagar, Gujarat, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 05 December 2016 (10+ years old) and is registered under CIN U74999GJ2016SGC094571.
Gujarat Isp Services reported revenue of ₹4.36 Cr for FY 2024 (up 41791% YoY).
Gujarat Isp Services has 4 current directors:
- Ankitaben Rameshbhai Christiyan - Director
- Arvind Vijayan - Director
- Bharathi Ponugumatla - Director
- Rameshbhai Chhaganbhai Desai - Director
Gujarat Isp Services reported a net profit of ₹78.2 Lakh (net margin 17.9%) and EBITDA of ₹4.29 Cr (EBITDA margin 98.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gujarat Isp Services is 722% over three years and 255% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gujarat Isp Services is 24AAGCG7684M1D8, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAGCG7684M2ZY (Gujarat).
The CIN (Corporate Identification Number) of Gujarat Isp Services is U74999GJ2016SGC094571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gujarat Isp Services was incorporated on 05 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gujarat Isp Services by revenue are Trucktek Private Limited, Jetway Broadband India Private Limited, Community Cable Network Limited, Tangoplus Broadband Private Limited, Five Net Service Provider Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Rameshbhai Chhaganbhai Desai was appointed as Director on 04 Feb 2026. Narendradan Haridan Gadhvi ceased to be Director on 16 Sep 2025. Bharathi Ponugumatla was appointed as Director on 05 Aug 2025. Gujarat Isp Services has 17 board changes on record in total.
Gujarat Isp Services can be reached through the website gujarat.gov.in. Its registered office is in Gandhinagar, Gujarat, India.