About Gsec Air Services Private Limited
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Gsec Air Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the service-based operations segment of the services sector. It was incorporated on 04 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2021PTC120847.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Samir Mankad Hanskumar and Shaishav Rakeshkumar Shah.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 484/1/2 Gujarat Chamber Of Comm. Industry Ranchhodlal Marg. Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.57 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Cr (net margin 11.7%) and EBITDA of ₹2.42 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 157% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gsecl.co.in.
Company details
Contact details
Gsec Air Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gsecl.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address484/1/2 Gujarat Chamber Of Comm. Industry Ranchhodlal Marg. Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryService, Other Services
To see the full contact details of Gsec Air Services Private Limited, buy the company report.
- 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 Gsec Air Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Gsec Air Services Private Limited, buy the company report.
Financials of Gsec Air Services Private Limited
FY 2025 filings availableGsec Air Services Private Limited reported revenue of ₹14.57 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 157% over three years, including 58% growth in the latest year. EBITDA fell 52% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.42 Cr | ||||
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| Net Profit (PAT) | ₹1.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | 11.7% | ||||
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To see the full financial statements and ratios of Gsec Air Services Private Limited, buy the company report.
Board of directors of Gsec Air Services Private Limited
Gsec Air Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Mankad Hanskumar Also directs: Gsec Limited, Skypark Mumbai Services Private Limited, Gsec-Indo-Thai Ground Handling Private Limited and 5 more | Director | 04 Mar 2021 | 5 Years 8 Months | Current |
| Shaishav Rakeshkumar Shah Also directs: Vishwa Imports LLP, Raisin Hospitality LLP, Securemax Consultancy Services LLP and 5 more | Director | 04 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Gsec Air Services Private Limited is compared with the 4 companies closest to it by revenue in the Aviation industry (Ground Handling Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baron Enterprises Private Limited | ₹16.28 Cr (FY 2025) | 1564.0% | New Delhi, Delhi, India | |||
| Celebi Ground Handling India Private Limited | ₹15.33 Cr (FY 2025) | 1003.0% | New Delhi, Delhi, India | |||
| Gsec Air Services Private Limitedthis company | ₹14.57 Cr (FY 2025) | ₹1.7 Cr | 11.7% | 58.0% | Ahmedabad, Gujarat, India | |
| Bobba Aviation Cargo and Ground Handling Services Private Limited | ₹13.44 Cr (FY 2022) | -8.0% | Bangalore, Karnataka, India | |||
| Indothai Amritsar Private Limited | ₹11.98 Cr (FY 2025) | 34.0% | Amritsar, Punjab, India |
To see the full peer comparison of Gsec Air Services Private Limited, buy the company report.
Auditor
Gsec Air Services Private Limited is audited by S D P M & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D P M & CO. | FY 2022 | 126741W |
Shareholding
The shareholding of Gsec Air Services Private Limited is on record for FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gsec Air Services Private Limited, buy the company report.
Legal cases
Gsec Air Services Private Limited has 1 court case on record: 1 filed by Gsec Air Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Commissioner of Income Tax Assessment Unit | Disposed |
To see the full case history of Gsec Air Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gsec Air Services 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 Gsec Air Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gsec Air Services Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Samir Mankad Hanskumar was appointed as Director on 04 Mar 2021.
News
Frequently asked questions
Gsec Air Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other services, within the service industry. It was incorporated on 04 March 2021 (5+ years old) and is registered under CIN U93000GJ2021PTC120847.
Gsec Air Services has 2 current directors:
- Samir Mankad Hanskumar - Director
- Shaishav Rakeshkumar Shah - Director
The latest financial statements of Gsec Air Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Gsec Air Services is U93000GJ2021PTC120847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gsec Air Services has 1 court case on record: 1 filed by the company.
Gsec Air Services was incorporated on 04 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gsec Air Services by revenue are Baron Enterprises Private Limited, Celebi Ground Handling India Private Limited, Bobba Aviation Cargo and Ground Handling Services Private Limited, Indothai Amritsar Private Limited, all in the Aviation industry (Ground Handling Services), with the same principal business activity (services incidental to land, water & air transportation).
Samir Mankad Hanskumar was appointed as Director on 04 Mar 2021. Shaishav Rakeshkumar Shah was appointed as Director on 04 Mar 2021.
Gsec Air Services can be reached through the website gsecl.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Gsec Air Services is at 48412 Gujarat Chamber Of Comm. Industry Ranchhodlal Marg. Navrangpura, Ahmedabad, Gujarat, India – 380009.
Gsec Air Services operates in the service industry, in the other services segment.
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