Gift Sez Limited - real estate and construction in Gandhinagar, Gujarat, India. Directors, charges & compliance details.
CIN U45200GJ2008PLC054999 Incorporated 09 September 2008 ROC Ahmedabad HQ Gandhinagar, Gujarat, India
Merged Public Limited Company real estate and construction
Data last updated
Revenue · FY 2021
₹6.68 Cr
▼ 85% YoY
Net loss · FY 2021
₹22.17 Cr
Net margin -331.8%
EBITDA · FY 2021
-₹15.94 Cr
EBITDA margin -238.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹9.75 Lakh
Issued & subscribed
Satisfied charges
₹1,692.83 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
20
Provident fund records

About Gift Sez Limited

Data last updated:

Gift Sez Limited was a public limited company based in Gandhinagar, Gujarat, India, operated as a subsidiary of Gujarat International Finance Tec-City Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 September 2008.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2008PLC054999. Its GSTIN is 24AADCG3814G1ZZ (Gujarat). The company held 2 GST registrations, all of them active.

The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹9.75 Lakh. It was formerly known as Gift Transport Infrastructure Development Company Limited and Gift Transport Infrastructure Development Limited. It was led by directors including Vishwanathan Mavila Nair and Sudhir Kumar Jain.

Its last annual general meeting (AGM) was held on 30 November 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Gift House Block – 12 Road 1 – D Zone – I Gift SEZ Gift City, Gandhinagar, Gujarat, India – 382355.

As per the financials filed for FY 2021, the company reported a revenue of ₹6.68 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹22.17 Cr (net margin -331.8%) and EBITDA of -₹15.94 Cr (EBITDA margin -238.5%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 80% over five years.

The company had about 20 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: GIFT City. As per MCA filings, the company had satisfied charges of ₹1,692.83 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.

The last known website on record is giftgujarat.in.

Company details

CIN U45200GJ2008PLC054999
Registration Number 054999
Incorporation Date 09 September 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 November 2022
Date of Balance Sheet 31 March 2022
Parent Company Gujarat International Finance Tec-City Company Limited
Compliance Status Active Compliant

Name history

Gift Sez has undergone 2 name changes throughout its history. The company was previously known as Gift Transport Infrastructure Development Company Limited, and Gift Transport Infrastructure Development Limited. The current legal name is Gift Sez Limited.

Company NameStatus
Gift Sez LimitedCurrent
Gift Transport Infrastructure Development Company LimitedPrevious
Gift Transport Infrastructure Development LimitedPrevious

CIN history

Gift Sez has one previous CIN (Corporate Identification Number): U45203GJ2008PLC054999. The current CIN is U45200GJ2008PLC054999, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45200GJ2008PLC054999Current
U45203GJ2008PLC054999Previous

Contact details

Gift Sez Limited's registered office is in Gandhinagar, Gujarat. Its website is giftgujarat.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Gift House Block – 12 Road 1 – D Zone – I Gift SEZ Gift City, Gandhinagar, Gujarat, India – 382355
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Gift Sez Limited, buy the company report.

Comprehensive company report
Gift Sez Limited - one report that includes everything
  • 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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Brands

Gift Sez operates one associated brand: GIFT City. Each brand links to its own profile.

BrandDescriptionWebsite
A global financial and technology hub is established in India.giftgujarat.in

Business activity

The main business activity of Gift Sez is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Gift Sez Limited, buy the company report.

Financials of Gift Sez Limited

FY 2022 filings available

Gift Sez Limited reported revenue of ₹6.68 Cr (down 85% YoY) for FY 2021.

Revenue · FY 2021
₹6.68 Cr ▼ 85%
Net loss · FY 2021
₹22.17 Cr margin -331.8%
EBITDA · FY 2021
-₹15.94 Cr margin -238.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▲ 47%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▼ 386%
3 years · compounded
▼ 141%
5 years · compounded
▼ 156%

Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 80%. EBITDA fell 386% in the latest year. 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹6.68 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹15.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹22.17 Cr
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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-238.5%
Net Profit Margin-331.8%
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

To see the full financial statements and ratios of Gift Sez Limited, buy the company report.

Board of directors of Gift Sez Limited

Gift Sez has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vishwanathan Mavila NairDirector16 Aug 20188 Years 2 MonthsAs last reported
Sudhir Kumar JainDirector16 Feb 201511 Years 8 MonthsAs last reported
Madhukant Girdharlal SanghviDirector16 Feb 201511 Years 8 MonthsAs last reported
Tapan RayDirector11 Jul 20197 Years 3 MonthsAs last reported

Auditor

Gift Sez Limited is audited by ANIL N SHAH & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
ANIL N SHAH & COFY 2021114131W

Shareholding

The shareholding of Gift Sez Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gift Sez Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1,692.83 Cr
Breakdown by lending institutions
Others₹1,299.00 Cr
Il & Fs Trust Company Limited₹393.83 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Aug 201410518425Others₹1,299 CrSatisfied
11 May 201210357446Il & Fs Trust Company Limited₹393.83 CrSatisfied

To see the full charge records of Gift Sez Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Gift Sez Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Voice and Data Networking Private Limited

To see the full MSME payment records of Gift Sez Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Gift Sez Limited has a workforce of 20 employees on its EPFO records as of Oct 17, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-16.67%

GST

Gift Sez has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AADCG3814G1ZZGujaratActive01 Jul 2017
24AADCG3814G1D8GujaratActive09 Aug 2021

To see the full GST registrations and return filing status of Gift Sez Limited, buy the company report.

Recent activity

Gift Sez Limited has 20 board changes on record since 2009: 4 appointments and 16 cessations. The latest: Maheswar Sahu ceased to be Director on 01 Aug 2022.

AGM
Gift Sez Limited last Annual general meeting of members was held on 30 Nov 2022 as per latest MCA records.
Ceased
Maheswar Sahu ceased to be Director.
Filing
Gift Sez Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge registered on 19 Aug 2014 via Charge ID 10518425 with Others was fully satisfied on 22 Jun 2021.
Ceased
Sudhir Gunvantray Mankad ceased to be Additional Director.
Ceased
Tapan Ray ceased to be Additional Director.
Ceased
Vishwanathan Mavila Nair ceased to be Additional Director.
Appointed
Tapan Ray was appointed as Director.
Ceased
Ajay Kumar Pandey ceased to be Director.
Ceased
Arun Kumar Saha ceased to be Additional Director.
Appointed
Vishwanathan Mavila Nair was appointed as Director.
Charges
A charge with Others of Rs. 1,299.00 Cr registered on 19 Aug 2014 with Charge ID 10518425 was modified on 13 Mar 2018.

16 earlier events are in the company report.

Frequently asked questions

Gift Sez has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Gift Sez was a public limited company based in Gandhinagar, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 September 2008 and is registered under CIN U45200GJ2008PLC054999. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Gift Sez was incorporated on 09 September 2008. It is registered with the Registrar of Companies, Ahmedabad.

Gift Sez had 4 directors:

The CIN (Corporate Identification Number) of Gift Sez is U45200GJ2008PLC054999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Gift Sez is at Gift House Block – 12 Road 1 – D Zone – I Gift SEZ Gift City, Gandhinagar, Gujarat, India – 382355.

Gift Sez can be reached through the website giftgujarat.in. Its registered office is in Gandhinagar, Gujarat, India.

The latest financial statements of Gift Sez on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 November 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Gift Sez is 24AADCG3814G1ZZ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCG3814G1D8 (Gujarat).

Gift Sez operated in the real estate and construction industry, in the real estate builders and developers segment.

Gift Sez has 3 MSME Form 1 returns on record between 2020 and 2021, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 Oct 2021.