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 U52100GJ1965PLC001347.
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. Its group structure includes 6 subsidiaries and 1 joint venture.
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
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Integrated logistics are delivered worldwide via specialized vessel operations. | Seoul, South Korea, South Korea | 1976 |
ZIM
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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 | Locked |
| H | Transport and storage | H4 | Air transport | Locked |
Business activity turnover details for Gsec Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Gsec Limited
Gsec Limited is audited by B J S & Associates for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B J S & Associates | Locked | Locked | Locked |
Complete auditor history for Gsec Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gsec Limited
Gsec Limited is currently managed by 6 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 |
|---|---|---|---|---|
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Samir Mankad Hanskumar
Also directs:
Gsec Limited, Skypark Mumbai Services Private Limited, Gsec-Indo-Thai Ground Handling Private Limited and 5 more
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Whole-Time Director | 01 Apr 2011 | 15 Years 4 Months | Current |
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Rakesh Shah Ramanlal
Also directs:
Novagreens Realities Llp, Imp Powers Limited, Electrify Energy Private Limited and 5 more
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Managing Director | 08 Mar 2004 | 22 Years 5 Months | Current |
| Maheswar Sahu | Director | 06 Aug 2022 | 4 Years 0 Months | Current |
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Raji Shaishav Shah
Also directs:
Kalpavruksha Worldwide Private Limited, Gsec Limited, Komal Infotech Private Limited and 2 more
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Director | 30 Mar 2018 | 8 Years 4 Months | Current |
| Sandip Ashwinbhai Parikh | Director | 17 Feb 2016 | 10 Years 6 Months | Current |
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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 2 Months | Current |
Financials of Gsec Limited FY 2025 filings available
Gsec Limited reported revenue of ₹1,422.97 Cr (up 103.00% YoY) for FY 2025.
Ten-year financial statements for Gsec Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Gsec Limited
Shareholding and ownership data for Gsec Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Gsec Limited
Gsec Limited has 6 subsidiary companies, 1 joint venture, and 3 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Gsec Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Electrify Energy Private Limited | U31904GJ2020PTC116562 | Locked |
| Gsec Logistics Limited | U62200GJ2006PLC049049 | Locked |
| Aviserve Facilities Private Limited | U93000GJ2021PTC120845 | Locked |
| Gsec Air Services Private Limited | U93000GJ2021PTC120847 | Locked |
| Aviground Facilities Private Limited | U93090GJ2021PTC120287 | Locked |
| Avipark Facilities Private Limited | U93090GJ2021PTC120349 | Locked |
Showing major subsidiaries. Total: 6.
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
Gsec Limited has a workforce of 86 employees as of Apr 01, 2024.
Employee and EPFO history for Gsec Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Gsec Limited
GST registrations and filing compliance for Gsec Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Gsec Limited
Credit ratings, litigation, and regulatory alerts for Gsec Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Gsec Limited
MSME payment history for Gsec Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Gsec Limited
Corporate group structure for Gsec Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Gsec Limited
MCA filings and documents for Gsec Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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:
- Samir Mankad Hanskumar - Whole-Time Director
- Rakesh Shah Ramanlal - Managing Director
- Maheswar Sahu - Director
- Raji Shaishav Shah - Director
- Sandip Ashwinbhai Parikh - Director
- Shaishav Rakeshkumar Shah - Managing Director
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.