Gsec Limited - Company Profile

It is a transport and logistics public limited company based in Ahmedabad, Gujarat, India, established in 1965.
1965 Ahmedabad, Gujarat, India Active
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About Gsec Limited

Gsec Limited, a active public limited company, was established on 14 October 1965 in Ahmedabad, Gujarat, India. Engaging in air cargo services & logistics within the trade sector, it holds CIN: U52100GJ1965PLC001347. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹15.03 Cr and a paid-up capital of ₹12.55 Cr.

Formerly known as Gujarat State Export Corpn Ltd. It upholds a compliant status. Employing 86 professional, Its leadership includes Samir Mankad Hanskumar (Whole-Time Director), Rakesh Shah Ramanlal (Managing Director), Maheswar Sahu (Director). Past directors included Vasant Shah, Chintankumar Mahendrabhai Patel, Samir Mankad Hanskumar. It holds ₹49.50 Cr open charges and ₹182.15 Cr settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gujarat Chambers Building, Ashram Road,, Ahmedabad, Gujarat, 380009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U52100GJ1965PLC001347

  • Registration Number

    001347

  • Incorporation Date

    14 October 1965

  • Authorized Capital

    ₹15.03 Cr

  • Paid-Up Capital

    ₹12.55 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.03 Cr
  • Paid Up Capital ₹ 12.55 Cr
  • Company Age 60 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 49.50 Cr
  • Satisfied Charges ₹ 182.15 Cr
  • Revenue Growth **** 18.36%
  • Profit Growth **** 381.71%
  • Ebitda **** -54.92%
  • Net Worth 57.24%
  • Total Assets **** 122.76%
Company report

Gsec Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Gsec Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gsec Limited?
Current Directors
Name Designation Appointment Date Status
Samir Mankad Hanskumar Whole-Time Director 01 Apr 2011 Current
Rakesh Shah Ramanlal Managing Director 08 Mar 2004 Current
Maheswar Sahu Director 06 Aug 2022 Current
Raji Shaishav Shah Director 30 Mar 2018 Current
Sandip Ashwinbhai Parikh Director 17 Feb 2016 Current
Shaishav Rakeshkumar Shah Managing Director 12 Jun 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Sep 2011 Past
Pramod Abcsdd Company Secretary 28 Sep 2018 Past
Pramod Abcsdd Director 01 Apr 2008 Past
Pramod Abcsdd Company Secretary 15 Jul 2023 Past
Pramod Abcsdd Company Secretary 02 May 2016 Past
Pramod Abcsdd Cfo 01 May 2024 Past

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Financial Performance of Gsec.

Gsec Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.36% increase. The company also saw a substantial improvement in profitability, with a 381.71% increase in profit. The company's net worth Soared by an impressive increase of 57.24%.

Gsec revenue growth over time
Gsec profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 18.36%
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Revenue from Operations
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 12.40%
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Total Assets
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 122.76%
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Profit or Loss
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 381.71%
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Net Worth
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 57.24%
*******
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EBITDA
*******
 -54.92%
*******
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What is the Ownership and Shareholding Structure of Gsec?

In 2023, Gsec had a promoter holding of 97.43% and a public holding of 2.56%. The company had 6 Subsidiaries, 1 Joint Venture and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹495,000,000.00

Satisfied Charges

₹1,821,500,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 49.50 Cr
Latest Charge Details
Date Lender Amount Status
30 Apr 2018 State Bank Of India ₹49.50 Cr Open
03 Aug 2015 Kotak Mahindra Prime Limited ₹3.00 Cr Satisfied
03 Jan 2015 Dcb Bank Limited ₹45.00 Cr Satisfied
31 Mar 2013 Kotak Mahindra Prime Limited ₹3.14 Cr Satisfied
30 Aug 2008 Uco Bank ₹49.00 Cr Satisfied

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How Many Employees Work at Gsec?

Gsec has a workforce of 86 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gsec, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gsec's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Gsec
Recent Activity within the Organization
  • Annual General Meeting

    Gsec Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Gsec Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    The activity Rajesh Rasiklal Bhansali was appointed as a Cfo was appointed as a Cfo on 01 Oct 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Director Appointment

    Progress on Maheswar Sahu was appointed as a Director was appointed as a Director on 06 Aug 2022 & has been associated with this company since 3 years 7 months . was documented.

  • Charges

    The activity A charge registered on 03 Aug 2015 via Charge ID 10584537 with Kotak Mahindra Prime Limited was fully satisfied on 18 Dec 2020. was completed.

  • Charges

    A charge registered on 03 Jan 2015 via Charge ID 10546251 with Dcb Bank Limited was fully satisfied on 07 May 2018. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Gsec Limited?

The CIN of Gsec Limited is U52100GJ1965PLC001347.

Where is Gsec Limited headquartered?

Gsec Limited is headquartered at Gujarat Chambers Building, Ashram Road,, Ahmedabad, Gujarat, 380009.

When was Gsec Limited incorporated?

Gsec Limited was incorporated on 14 October 1965.

Who are the current directors of Gsec Limited?

The current directors of Gsec Limited are

What is the primary industry of Gsec Limited?

The primary industry of Gsec Limited is Trade.

Is Gsec Limited a listed company?

Gsec Limited is unlisted.

What is the capital structure of Gsec Limited?

The authorized capital of Gsec Limited is ₹15.03 Cr, and the paid-up capital is ₹12.55 Cr.

What is the compliance status of Gsec Limited?

The compliance status of Gsec Limited is Compliant.

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