About Gsec Limited
Data last updated: 11 January 2026
Gsec Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Komal Infotech Private Limited. It specialises in air cargo services and logistics, a part of the broader transport and logistics sector. Incorporated on 14 October 1965, the company has been in operation for over 61 years.
Registered with ROC Ahmedabad under CIN U51909GJ1965PLC001347.
Capital: an authorised share capital of ₹15.03 Cr and a paid-up capital of ₹12.55 Cr. Formerly known as Gujarat State Export Corpn Ltd. It is led by directors including Samir Mankad Hanskumar and Rakesh Shah Ramanlal.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gujarat Chambers Building Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,422.97 Cr, a growth of 103% compared to the previous year.
The company has a workforce of approximately 86 employees as per the latest available data. It operates as a subsidiary of Komal Infotech Private Limited.
The company is associated with 1 brand - Gsec. As per MCA filings, the company has open charges of ₹49.5 Cr and satisfied charges of ₹182.15 Cr on record.
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.
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Registered AddressGujarat Chambers Building Ashram Road, Ahmedabad, Gujarat, India – 380009
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IndustryTransport and Logistics, Air Cargo Services & Logistics
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Gsec Limited
Gsec Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52100GJ1965PLC001347, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100GJ1965PLC001347 | Current |
| U51909GJ1965PLC001347 | Previous |
| U52100GJ1965SGC001347 | Previous |
Associated Brands with Gsec Limited
Gsec Limited operates one associated brand: GSEC. These brands represent Gsec Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Ocean freight forwarding and logistics services are provided globally. | gsecl.co.in |
Competitors & Alternatives of Gsec Limited
Brands and companies operating in the same space as Gsec Limited include Hyundai Merchant Marine, ZIM, Qube and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Hyundai Merchant Marine
|
Integrated logistics are delivered worldwide via specialized vessel operations. | Seoul, South Korea, South Korea | 1976 |
ZIM
|
Maritime shipping services for containerized cargo are provided globally. | Haifa, Israel, Israel | 1945 |
Qube
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Qube is recognized as Australia's largest integrated logistics provider. | Sydney, Australia, Australia | 2004 |
Hapag-Lloyd
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Containerized cargo is transported globally by maritime fleet operations. | Hamburg, Germany, Germany | 1997 |
Viking Line
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Ocean freight forwarding services are provided internationally by Viking Line. | Mariehamn, Aland Islands, Finland | 1959 |
NORDEN
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Provider of ocean freight services | Hellerup, Denmark, Denmark | 1871 |
TORM
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Product tankers and dry bulk vessels are operated by TORM. | Copenhagen, Denmark, Denmark | 2002 |
Star Bulk Carriers Corp
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Dry bulk cargoes are transported globally via seaborne services. | Athens, Greece, Greece | 2006 |
Great Eastern Ship
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Marine transportation and freight forwarding services are provided globally. | Mumbai, India, India | 1948 |
Pacific Basin Shipping
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Dry bulk shipping company | Hong Kong, China, China | 1987 |
Business Activity of Gsec Limited
Gsec Limited is engaged in principal business activities including trade and transport and storage, with detailed activities including wholesale trading, air transport. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | ********* |
| H | Transport and storage | H4 | Air transport | ********* |
Board of Directors of Gsec Limited
Gsec Limited is currently managed by 7 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Mankad Hanskumar | Whole-Time Director | 01 Apr 2011 | 15 Years 3 Months | Current |
|
Rakesh Shah Ramanlal
Also directs:
Novagreens Realities Llp, Imp Powers Limited, Electrify Energy Private Limited and 5 more
|
Managing Director | 08 Mar 2004 | 22 Years 4 Months | Current |
| Maheswar Sahu | Director | 06 Aug 2022 | 3 Years 11 Months | Current |
|
Raji Shaishav Shah
Also directs:
Kalpavruksha Worldwide Private Limited, Komal Infotech Private Limited, Revossa Infraventure Private Limited and 1 more
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Director | 30 Mar 2018 | 8 Years 3 Months | Current |
|
Sandip Ashwinbhai Parikh
Also directs:
Pashupati Cotspin Limited, Monarch Networth Trustee Private Limited, Gkc Advisory Services Private Limited and 3 more
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Director | 17 Feb 2016 | 10 Years 4 Months | Current |
|
Shaishav Rakeshkumar Shah
Also directs:
Vishwa Imports Llp, Raisin Hospitality Llp, Securemax Consultancy Services Llp and 5 more
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Managing Director | 12 Jun 2010 | 16 Years 0 Months | Current |
Financials of Gsec Limited FY 2025 filings available
Gsec Limited reported revenue of ₹1,422.97 Cr (up 103% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Gsec Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2018 | State Bank of India | ₹49.5 Cr | Open |
| 03 Aug 2015 | Kotak Mahindra Prime Limited | ₹3 Cr | Satisfied |
| 03 Jan 2015 | Dcb Bank Limited | ₹45 Cr | Satisfied |
| 31 Mar 2013 | Kotak Mahindra Prime Limited | ₹3.14 Cr | Satisfied |
| 30 Aug 2008 | Uco Bank | ₹49 Cr | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Gsec Limited
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Employee Count & EPFO Data of Gsec Limited
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GST Compliance of Gsec Limited
GSTIN & GST Filing Data of Gsec Limited
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Credit Ratings, Litigation & Regulatory Alerts for Gsec Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Gsec Limited
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MSME Payment Delays by Gsec Limited
MSME Payment Delays by Gsec Limited
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Subsidiaries & Group Companies of Gsec Limited
Subsidiaries & Group Companies of Gsec Limited
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MCA Filings & Documents of Gsec Limited
MCA Filings & Documents of Gsec Limited
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Recent Activity on Gsec Limited
Frequently Asked Questions about Gsec Limited
Gsec Limited is an active public limited company in the transport and logistics sector based in Ahmedabad, Gujarat, India. It was incorporated on 14 October 1965 (61+ years old) and is registered under CIN U52100GJ1965PLC001347. The company has 86 employees.
Gsec Limited reported revenue of ₹1,422.97 Cr for FY 2025 (up 103.00% YoY).
The current directors of Gsec Limited are:
The primary industry of Gsec Limited is transport and logistics. The company specifically operates in air cargo services and logistics. The company is currently active in this sector.
Gsec Limited can be reached at the registered office: Gujarat Chambers Building Ashram Road, Ahmedabad, Gujarat, India – 380009, or through the website gsecl.co.in.
The authorised capital is ₹15.03 Cr, and the paid-up capital is ₹12.55 Cr.