Gujarat State Financial Services Ltd logo

Gujarat State Financial Services Ltd

This company provides financial services and manages surplus funds for state-owned organizations and PSUs.

1992 Ahmedabad, Gujarat (India) Active

About

Basic Data Updated:

1 month ago

The State Finance Corporation Of Gujarat Ltd, now known as Gujarat State Financial Services Ltd, has been providing financial services for many years. It is a subsidiary of the Government of Gujarat and is registered with the Reserve Bank of India as a Non-Banking Finance Company (NBFC). The company has been entrusted by the state government to manage the surplus funds of various GoG controlled organizations and PSUs of the state. This makes GSFSL the in-house treasury manager for these state-owned entities. The company offers two products, namely the Liquid Deposit Scheme (LDS) and the Inter Corporate Deposit (ICD). The LDS is typically chosen by entities looking to place their funds for a very short period, even as short as one day. On the other hand, the ICD is preferred by entities who wish to invest their funds for a longer duration. With its strong reputation and expertise in financial services, GSFSL continues to play a crucial role in managing the financial resources of the state of Gujarat.

Industry

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65910GJ1992SGC018602
Company No.018602
Company ClassificationPublic Limited State Government Company
Incorporation Date20 Nov 1992
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Ahmedabad

Financials of Gujarat State Financial Services Ltd

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Gujarat State Financial Services Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.72% decrease. The company also saw a substantial fall in profitability, with a 67.27% decrease in profit. The company's net worth by .

Corporate Structure

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People in Gujarat State Financial Services Ltd

Executive Team (3)

  • JG

    Jagdish Gupta In Managing Director

    Appointment Date: 25-Nov-2021

    Status: Current

  • NS

    Nitin Shah CFO

    Appointment Date: 21-Aug-2015

    Status: Current

  • NJ

    Neeraj Jain Company Secretary

    Appointment Date: 09-Jun-2023

    Status: Current

Board Members(6)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Sardar Sarovar Narmada Nigam Limited

    Sardar Sarovar Narmada Nigam Limited

    Active build-icon 36 years 2 months

    Kuniyil Ias and Jagdish Gupta are mutual person

  • Gujarat Metro Rail Corporation (Gmrc) Limited

    Gujarat Metro Rail Corporation (Gmrc) Limited

    Active build-icon 14 years 3 months

    Jagdish Gupta is a mutual person

  • Gujarat Livelihood Promotion Company Limited

    Gujarat Livelihood Promotion Company Limited

    Active build-icon 14 years 1 month

    Jagdish Gupta and Manisha Chandra are mutual person

  • Gujarat Industrial Investment Corporation Limited

    Gujarat Industrial Investment Corporation Limited

    Active build-icon 55 years 9 months

    Ishwarbhai Chaudhari is a mutual person

  • Gromax Agri Equipment Limited

    Gromax Agri Equipment Limited

    Active build-icon 46 years 1 month

    Ishwarbhai Chaudhari is a mutual person

  • Gujarat International Finance Tec-City Company Limited

    Gujarat International Finance Tec-City Company Limited

    Active build-icon 16 years 11 months

    Jagdish Gupta is a mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Vikramaditya Singh Khichi was appointed as a Additional Director was appointed as a Additional Director on 03 Feb 2024 & has been associated with this company since 3 months 22 days .

    03 Feb 2024
  • Activity

    Annual General Meeting

    Gujarat State Financial Services Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Gujarat State Financial Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023
  • Activity

    Director Appointment

    Jagdish Prasad Gupta was appointed as a Managing Director was appointed as a Managing Director on 25 Nov 2021 & has been associated with this company since 2 years 6 months .

    25 Nov 2021
  • Activity

    Director Appointment

    Bhadresh Vinaychandra Mehta was appointed as a Director was appointed as a Director on 01 Dec 2019 & has been associated with this company since 4 years 5 months .

    01 Dec 2019

Frequently asked questions

What is the Incorporation or founding date of Gujarat State Financial Services Ltd?

Gujarat State Financial Services Ltd was incorporated 31 years 6 months ago on 20 Nov 1992 with Registrar of Companies Roc Ahmedabad.

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