About GIFT City
GIFT City is a Real Estate & Construction company based in Gandhinagar (India) founded in 2007, and was acquired by GUDC in June 2020. A global financial and technology hub is established in India. It operates on a Professional Services and FinTech model. Its chief executive, as recorded, is Tapan Ray. Its website giftgujarat.in draws about 92 thousand monthly visits. Its Indian entity Gujarat International Finance Tec-City Company Limited reported revenue of ₹322 Cr. GIFT City offers products and services including International Financial Services Centre, FinTech Solutions, and Infrastructure Development. Its focus areas include Finance, Financial Services, International Banking and Technology. Its competitors include DLF India, Kalpataru Projects International and Unitech Group.
Company details
GIFT City is recognized as a world-class financial and IT hub in India, designed to serve both domestic and international markets. It is implemented as a multi-services special economic zone with Indias first International Financial Services Centre. Various sectors such as banking, capital markets, fund management, insurance, and fintech are supported. Cutting-edge infrastructure, including smart water systems, automated waste management, and district cooling, is provided. A walk-to-work concept is integrated with social facilities like schools and parks for sustainable urban living. Unparalleled business growth is facilitated through single-window clearances and plug-and-play setups.
- Headquarters Gandhinagar, India
- Stage Acquired
- SectorsReal Estate & Construction
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website giftgujarat.in
- Social LinkedIn X YouTube
- Acquired by GUDC (Jun 2020)
- Legal Name Gujarat International Finance Tec-City Company Ltd.
- Date of Incorporation 21 Jun, 2007
- Jurisdiction Gandhinagar, Gujarat, India
- Annual Revenue₹322 Cr
FY 2025 · +16% YoY
- Net Profit₹70.45 Cr
FY 2025 · 22% margin
- EBITDA₹132 Cr
FY 2025 · 41% margin
- Latest Funding Round$15.29K (USD), Grant
Jan 2021
- InvestorsEuropean Union
& 1 more
- Acquired byGUDC
(Jun 2020)
Associated legal entities of GIFT City
GIFT City is associated with 8 registered companies on The Company Check; the primary company is Gujarat International Finance Tec-City Company Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gujarat International Finance Tec-City Company Limited CIN U75100GJ2007SGC051160 | Active | 21 Jun 2007 | Gandhinagar, Gujarat | ₹322 Cr | 11 | View details | |
| Gift Collective Investment Management Company Limited CIN U65993GJ2008PLC053818 | Amalgamated | 07 May 2008 | Gandhinagar, Gujarat | 1 | 3 | View details | |
| Gift Ict Services Limited CIN U45204GJ2008PLC055077 | Amalgamated | 18 Sep 2008 | Gandhinagar, Gujarat | ₹0.0 Cr | 1 | 3 | View details |
| Gift Sez Limited CIN U45200GJ2008PLC054999 | Amalgamated | 09 Sep 2008 | Gandhinagar, Gujarat | ₹6.7 Cr | 20 | 5 | View details |
| Gift Water Infrastructure Limited CIN U74900GJ2008PLC055037 | Amalgamated | 12 Sep 2008 | Gandhinagar, Gujarat | ₹0.0 Cr | 8 | 3 | View details |
| Gift Waste Management Services Limited CIN U74900GJ2008PLC055012 | Amalgamated | 11 Sep 2008 | Gandhinagar, Gujarat | 3 | View details | ||
| Gift Power Company Limited CIN U74900GJ2008SGC055011 | Active | 11 Sep 2008 | Gandhinagar, Gujarat, India | View details | |||
| Gujarat Urban Development Company Limited CIN U75140GJ1999SGC036051 | Active | 27 May 1999 | Gandhinagar, Gujarat, India | View details |
Products & Services of GIFT City
GIFT City offers a comprehensive portfolio of products and services, including International Financial Services Centre, FinTech Solutions, and Infrastructure Development.
Financial services are provided for global banking operations.
Innovative fintech solutions are offered for business growth.
Smart infrastructure is developed for business environments.
Apps and channels of GIFT City
its YouTube channel GIFT City Gujarat has 4.73K subscribers and 30 videos.
Videos from GIFT City
The most watched videos on GIFT City's YouTube channel, GIFT City Gujarat (4.73K subscribers). Click a video to play it here.
More on GIFT City Gujarat.
Funding Insights of GIFT City
- Total Rounds 1
- Last Round Grant — $15,289
- First Round $15,289
(Jan 2021)
- Investors Count 1
All 1 funding rounds of GIFT City with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $15,289 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in GIFT City
GIFT City has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and GUDC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Delivers comprehensive infrastructure development services. | 1999 | gudcltd.com | Gandhinagar, India |
Investor details for GIFT City
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Board of directors of Gujarat International Finance Tec-City Company Limited (GIFT City)
Gujarat International Finance Tec-City Company Limited is the primary company behind GIFT City. The boards of the 6 registered companies of GIFT City currently have 17 directors; the longest-serving is Avichal Ripudamansingh Khera, appointed in 2010. 136 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avichal Ripudamansingh Khera DIN 03100636 | Director | 01 Jun 2010 | 16 yrs 4 mo | Gift Waste Management Services Limited, Gift Water Infrastructure Limited, Gift Ict Services Limited, Gift Collective Investment Management Company Limited |
| Sudhir Kumar Jain DIN 03646016 | Director | 16 Feb 2015 | 11 yrs 8 mo | Gift Sez Limited |
| Madhukant Girdharlal Sanghvi DIN 02599305 | Director | 16 Feb 2015 | 11 yrs 8 mo | Gift Sez Limited |
| Piyush Hasmukhlal Gandhi DIN 06838559 | Director | 15 Jun 2015 | 11 yrs 4 mo | Gift Waste Management Services Limited, Gift Water Infrastructure Limited, Gift Ict Services Limited, Gift Collective Investment Management Company Limited |
| Nilesh Damodar Purey DIN 06548272 | Director | 03 May 2018 | 8 yrs 5 mo | Gift Ict Services Limited, Gift Collective Investment Management Company Limited |
| Vishwanathan Mavila Nair DIN 02284165 | Director | 16 Aug 2018 | 8 yrs 2 mo | Gift Sez Limited |
| Tapan Ray DIN 00728682 | Director | 11 Jul 2019 | 7 yrs 3 mo | Gift Sez Limited |
| Arvindkumar Ramphersingh Rajput DIN 05180366 | Director | 26 Aug 2019 | 7 yrs 2 mo | Gift Waste Management Services Limited, Gift Water Infrastructure Limited |
| Anjali Bansal DIN 00207746 | Director | 14 May 2022 | 4 yrs 5 mo | Gujarat International Finance Tec-City Company Limited |
| Ajay Tyagi DIN 00187429 | Director | 19 Jul 2023 | 3 yrs 3 mo | Gujarat International Finance Tec-City Company Limited |
| Rajat Moona DIN 09036263 | Director | 19 Jul 2023 | 3 yrs 3 mo | Gujarat International Finance Tec-City Company Limited |
| Thiruvenkadam Natarajan DIN 00396367 | Nominee Director | 09 Sep 2024 | 2 yrs 1 mo | Gujarat International Finance Tec-City Company Limited |
| Debjani Ghosh DIN 07820695 | Additional Director | 28 Jan 2025 | 1 yr 8 mo | Gujarat International Finance Tec-City Company Limited |
| Remya Mohan DIN 10785064 | Nominee Director | 15 Feb 2025 | 1 yr 8 mo | Gujarat International Finance Tec-City Company Limited |
| Malaiyappan Thennarasan DIN 06418776 | Nominee Director | 02 Jul 2025 | 1 yr 3 mo | Gujarat International Finance Tec-City Company Limited |
| Sanjay Kaul Moolchand DIN 01260911 | Managing Director | 21 Jul 2025 | 1 yr 3 mo | Gujarat International Finance Tec-City Company Limited |
| Uday Suresh Kotak DIN 00007467 | Nominee Director | 13 Feb 2026 | 8 mo | Gujarat International Finance Tec-City Company Limited |
People of GIFT City
1 people are tracked at GIFT City (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for GIFT City
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of GIFT City
Figures of Gujarat International Finance Tec-City Company Limited, the primary company behind GIFT City, for FY 2025. Revenue was ₹322 Cr (+16% year on year). Net profit was ₹70.45 Cr (22% margin). EBITDA was ₹132 Cr (41% margin). Revenue has grown at a compounded annual rate of +31% over three years.
- ₹322 CrRevenue · FY 2025 · +16% YoY
- ₹70.45 CrNet profit · 22% margin
- ₹132 CrEBITDA · 41% margin
- ₹690 CrPaid-up capital
- +31%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Gujarat International Finance Tec-City Company Limited are on its company page.
Detailed financial statements for GIFT City
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of GIFT City
3 dated milestones of GIFT City across 14 years, from founding to its latest funding, stage changes and deals.
- Founded GIFT City is founded.
- Exit Acquired by GUDC.
- Funding First funding round of $15K.
Competitors of GIFT City
GIFT City has 3 listed competitors in our database. They include DLF India, Kalpataru Projects International and Unitech Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dlf.in | 1947 | Gurugram, India | 132 | Provider of property and real estate development services | ||
| kalpataruprojects.com | 1981 | Mumbai, India | 12,515 | Engineering, procurement, and construction solutions are delivered across infrastructure sectors. | ||
| unitechgroup.com | 1971 | Gurugram, India | 779 | Residential and commercial projects are developed by Unitech Group. |
Detailed competitors of GIFT City
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Web traffic of GIFT City
The website of GIFT City (giftgujarat.in) receives about 92.1K visits a month and ranks #407,248 among all websites worldwide, #4,181 in Investing.
- Monthly visits92.1K
▲ 14.5% vs previous month
- Unique visitors43.7K
per month
- Global rank#407,248
among all websites
- Category rank#4,181
Finance · Investing
- Bounce rate43%
- Pages per visit2.6
- Average visit1 min 44 sec
- DevicesDesktop 41% · Mobile 59%
Websites whose visitors overlap most with GIFT City. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aifpms.com | 100% | View details | |||
| nseix.com | 99% | #1,464,777 | View details | ||
hubbis.com | hubbis.com | 99% | #491,236 | – | |
| euromoney.com | 97% | 163.4K | #308,157 | View details | |
| tice.news | 96% | 88.5K | #1,248,624 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for GIFT City
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Related news about Gift City
Complete news archive for GIFT City
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Frequently Asked Questions about GIFT City
GIFT City was founded in 2007 and raised its 1st funding round 14 years after it was founded.
GIFT City is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
Tapan Ray is the CEO of GIFT City, as recorded in our data.
The primary company behind GIFT City, Gujarat International Finance Tec-City Company Limited, reported revenue of ₹322 Cr for FY 2025, up 16% year on year.
GIFT City is recognized as a world-class financial and IT hub in India, designed to serve both domestic and international markets. It is implemented as a multi-services special economic zone with Indias first International Financial Services Centre. Various sectors such as banking, capital markets, fund management, insurance, and fintech are supported. Cutting-edge infrastructure, including smart water systems, automated waste management, and district cooling, is provided. A walk-to-work concept is integrated with social facilities like schools and parks for sustainable urban living. Unparalleled business growth is facilitated through single-window clearances and plug-and-play setups.
GIFT City's top competitors include DLF India, Unitech Group and Kalpataru Projects International.
GIFT City offers International Financial Services Centre, FinTech Solutions, and Infrastructure Development.
GIFT City has 2 investors. Key investors include European Union, and GUDC.
GIFT City is associated with 6 legal entities: Gujarat International Finance Tec-City Company Limited, Gift Waste Management Services Limited, Gift Water Infrastructure Limited and others.
Yes. GIFT City was acquired by GUDC in June 2020.
The legal entities of GIFT City currently have 19 directors, including Arvindkumar Ramphersingh Rajput, Piyush Hasmukhlal Gandhi, Avichal Ripudamansingh Khera and others.