India's Richest People 2026 edition · 1 director · Source: Hurun India
- #893 Jayesh P Choksi & family ₹3,300 Cr
Revenue · FY 2025
₹12.78 Cr
▼ 50% YoY
Net loss · FY 2025
₹6.36 Cr
Net margin -49.8%
EBITDA · FY 2025
₹5.46 Cr
EBITDA margin 42.7%
Authorised capital
₹3.05 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹378.04 Cr
Satisfied ₹129.01 Cr
Company age
55 yrs
Est. 1971
Employees · EPFO
5
Provident fund records
About Gufic Private Limited
Data last updated:
Gufic Private Limited is a private limited company based in Navsari, Gujarat, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 27 March 1971 and has been in existence for over 55 years.
Its director Jayesh P Choksi and family are #893 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1971PTC001867. Its GSTIN is 24AABCG1082E1Z5 (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹1.2 Cr. It was formerly known as Gufic Limited. It is led by directors including Pankaj Jayakumar Gandhi and Jayesh Pannalal Choksi.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at National Highway No.8 Nr Grid Kabil Pore, Navsari, Gujarat, India – 396445.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.78 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹6.36 Cr (net margin -49.8%) and EBITDA of ₹5.46 Cr (EBITDA margin 42.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹378.04 Cr and satisfied charges of ₹129.01 Cr on record. Court records list 211 cases involving the company, including 108 filed by the company and 103 filed against it; 38 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gufic.com.
Company details
CIN U24110GJ1971PTC001867
Registration Number 001867
Incorporation Date 27 March 1971
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Pankaj Jayakumar Gandhi Director Jayesh Pannalal Choksi Director Vipula Jayesh Choksi Director Recognitions & Rankings of Gufic
Contact details
Gufic Private Limited's registered office is in Navsari, Gujarat. Its website is gufic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNational Highway No.8 Nr Grid Kabil Pore, Navsari, Gujarat, India – 396445
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Gufic Private Limited, buy the company report.
Comprehensive company report
Gufic Private 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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Business activity
The main business activities of Gufic are real estate and support service to organizations. In detail, this covers real estate activities with own or leased property and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Gufic Private Limited, buy the company report.
Financials of Gufic Private Limited
FY 2024 filings availableGufic Private Limited reported revenue of ₹12.78 Cr (down 50% YoY) for FY 2025.
Revenue · FY 2025
₹12.78 Cr ▼ 50%
Net loss · FY 2025
₹6.36 Cr margin -49.8%
EBITDA · FY 2025
₹5.46 Cr margin 42.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 20%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 35%
5 years · compounded
▼ 2%
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 71% 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 | ₹5.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.36 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.7% | ||||
| Net Profit Margin | -49.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gufic Private Limited, buy the company report.
Board of directors of Gufic Private Limited
Gufic has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Jayakumar Gandhi | Director | 17 Mar 2020 | 6 Years 7 Months | Current |
| Jayesh Pannalal Choksi | Director | 07 Mar 1973 | 53 Years 7 Months | Current |
| Vipula Jayesh Choksi Also directs: Gufic Chem Private Limited, Jal Private Limited, Zircon Teconica Private Limited and 2 more | Director | 02 Aug 2004 | 22 Years 2 Months | Current |
| Pranav Jayesh Choksi | Director | 06 Jul 2004 | 22 Years 3 Months | Current |
Peer comparison
Gufic Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adwitya Shaswat Private Limited | ₹12.86 Cr (FY 2024) | 11.0% | Bangalore, Karnataka, India | |||
| Vag Exports Private Limited | ₹12.84 Cr (FY 2022) | 13.0% | Bangalore, Karnataka, India | |||
| Gufic Private Limitedthis company | ₹12.78 Cr (FY 2025) | -₹6.36 Cr | -49.8% | -50.0% | 5 | Navsari, Gujarat, India |
| Afl Private Limited | ₹12.75 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Property Co Pvt Ltd | ₹12.7 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Gufic Private Limited, buy the company report.
Auditor
Gufic Private Limited is audited by Bansi S. Mehta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bansi S. Mehta & Co. | FY 2023 | 100991 |
Shareholding
The shareholding of Gufic Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gufic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹378.04 Cr
Satisfied charges
₹129.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101111538 | Others | ₹18.7 Lakh | Open | |
| 08 Oct 2024 | 100995904 | Others | ₹22.05 Lakh | Open | |
| 23 Feb 2023 | 100691727 | Axis Bank Limited | ₹50 Cr | Open | |
| 21 Feb 2023 | 100683386 | Hdfc Bank Limited | ₹70 Cr | Open | |
| 08 Aug 2022 | 100602530 | Others | ₹139 Cr | Open |
To see the full charge records of Gufic Private Limited, buy the company report.
Total charge records: 31 View all charges
Legal cases
Gufic Private Limited has 211 court cases on record: 108 filed by Gufic, 103 filed against it. 38 cases are pending and 173 are disposed.
Total cases
211
Filed by the company
108
Filed against the company
103
Pending
38
Disposed
173
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 109 | 78 | 26 |
| District courts | 96 | 20 | 12 |
| Supreme Court | 6 | 5 | 0 |
Cases on record (5 of 211)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by Dr. Reddys Laboratories Limited | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against M S Dr. Reddy S Laboratories Ltd. | Pending |
| Bombay High Court | Court case (NMCD) | Filed by the company against Vasu Healthcare Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Vasu Healthcare Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed by the company against National Spot Exchange Ltd. | Disposed |
To see the full case history of Gufic 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 Gufic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gufic has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Zire Realty Limited | U45400GJ1997PLC136918 |
To see the full group structure of Gufic Private Limited, buy the company report.
Employees & EPFO
Gufic Private Limited has a workforce of 5 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-28.57%
GST
Gufic has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG1082E1Z5 | Gujarat | Active | 01 Jul 2017 |
| 08AABCG1082E2ZY | Rajasthan | Active | 01 Jul 2017 |
| 27AABCG1082E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gufic Private Limited, buy the company report.
Recent activity
Gufic Private Limited has 5 board changes on record since 1973: 4 appointments and 1 cessation. The latest: Pankaj Jayakumar Gandhi ceased to be Additional Director on 31 Dec 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 21 Feb 2023 with Charge ID 100683386 was modified on 31 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101111538 was registered on 27 May 2025.
Charges
A charge with Others of Rs. 139.00 Cr registered on 08 Aug 2022 with Charge ID 100602530 was modified on 27 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100995904 was registered on 08 Oct 2024.
Charges
A charge registered on 19 Dec 2023 via Charge ID 100840105 with Others was fully satisfied on 30 Sep 2024.
AGM
Gufic Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Gufic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100840105 was registered on 19 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100691727 was registered on 23 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 70.00 Cr with Charge ID 100683386 was registered on 21 Feb 2023.
Charges
A charge registered on 27 Dec 2019 via Charge ID 100314650 with Tata Capital Financial Services Limited was fully satisfied on 20 Dec 2022.
Charges
A charge with Others amounted to Rs. 139.00 Cr with Charge ID 100602530 was registered on 08 Aug 2022.
48 earlier events are in the company report.
News
Frequently asked questions
Gufic is an active private limited company based in Navsari, Gujarat, India. The company works in real estate financing, within the financial services industry. It was incorporated on 27 March 1971 (55+ years old) and is registered under CIN U24110GJ1971PTC001867.
Gufic has 4 current directors:
- Pankaj Jayakumar Gandhi - Director
- Jayesh Pannalal Choksi - Director
- Vipula Jayesh Choksi - Director
- Pranav Jayesh Choksi - Director
The latest financial statements of Gufic on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gufic is 24AABCG1082E1Z5, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 08AABCG1082E2ZY (Rajasthan), 27AABCG1082E1ZZ (Maharashtra).
The CIN (Corporate Identification Number) of Gufic is U24110GJ1971PTC001867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gufic has 211 court cases on record: 108 filed by the company and 103 filed against it. 38 are pending. Most are in the high courts.
Gufic was incorporated on 27 March 1971, making it 55+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gufic by revenue are Adwitya Shaswat Private Limited, Vag Exports Private Limited, Afl Private Limited, Property Co Pvt Ltd, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Pankaj Jayakumar Gandhi ceased to be Additional Director on 31 Dec 2020. Pankaj Jayakumar Gandhi was appointed as Director on 17 Mar 2020. Vipula Jayesh Choksi was appointed as Director on 02 Aug 2004. Gufic has 5 board changes on record in total.
Gufic can be reached through the website gufic.com. Its registered office is in Navsari, Gujarat, India.
The registered office of Gufic is at National Highway No.8 Nr Grid Kabil Pore, Navsari, Gujarat, India – 396445.