Gujarat State Handloom And Handicrafts Development Corporation Limited - Company Profile

It is a home & lifestyle public limited state government company based in Gandhinagar, Gujarat, India, established in 1973.
1973 Gandhinagar, Gujarat, India Active
Last Updated:
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About Gujarat State Handloom And Handicrafts Development Corporation Limited

Gujarat State Handloom And Handicrafts Development Corporation Limited, a active public limited state government company, was established on 10 August 1973 in Gandhinagar, Gujarat, India. Engaging in handicrafts & artisan products manufacturing within the manufacturing sector, it holds CIN: U22219GJ1973SGC002360. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹12.06 Cr.

It upholds a active non-compliant status. Employing 21 professional, Its leadership includes Kamal Sureshbhai Tailor (Director), Ardra Agarwal (Managing Director), Hetalkumar Bhaskarrai Patel (Nominee Director). Past directors included Nitesh Kumar Vyas, Abhishek Kumar Sinha, Jitubhai Bhanabhai Vala. It holds ₹6.70 M open charges and ₹8.00 M settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2024. It is based at 01St Floor, Handloom Technology Institute Railway Station Road, Sector-13,, Gandhinagar, Gujarat, 382016.

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

    U22219GJ1973SGC002360

  • Registration Number

    002360

  • Incorporation Date

    10 August 1973

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹12.06 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.06 Cr
  • Company Age 52 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.70 M
  • Satisfied Charges ₹ 8.00 M
  • Revenue Growth **** 0.22%
  • Profit Growth **** -132.47%
  • Ebitda **** -60.16%
  • Net Worth -6.10%
  • Total Assets -41.61%
Company report

Gujarat State Handloom And Handicrafts Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Gujarat State Handloom And Handicrafts Development Corporation 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 Gujarat State Handloom And Handicrafts Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Kamal Sureshbhai Tailor Director 17 Feb 2018 Current
Ardra Agarwal Managing Director 10 Mar 2025 Current
Hetalkumar Bhaskarrai Patel Nominee Director 03 Mar 2019 Current
Arindam Das Director 29 Sep 2014 Current
Shahid Mohammad Whole-Time Director 24 Dec 2025 Current
Anil Kalidas Prajapati Nominee Director 12 Oct 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 May 2011 Past
Pramod Abcsdd Director 23 Apr 2020 Past
Pramod Abcsdd Director 28 Feb 2015 Past
Pramod Abcsdd Nominee Director 07 May 2025 Past
Pramod Abcsdd Director 06 Aug 2014 Past
Pramod Abcsdd Director 30 Dec 2010 Past

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Financial Performance of Gujarat State Handloom And Handicrafts Development Corporation.

Gujarat State Handloom And Handicrafts Development Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.22% increase. The company also saw a substantial fall in profitability, with a 132.47% decrease in profit. The company's net worth dipped by a decrease of 6.1%.

Gujarat State Handloom And Handicrafts Development Corporation revenue growth over time
Gujarat State Handloom And Handicrafts Development Corporation 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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 0.22%
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Revenue from Operations
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 0.15%
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*******
Total Assets
*******
 -41.61%
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*******
*******
*******
Profit or Loss
*******
 -132.47%
*******
*******
*******
*******
Net Worth
*******
 -6.10%
*******
*******
*******
*******
EBITDA
*******
 -60.16%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Gujarat State Handloom And Handicrafts Development Corporation?

In 2023, Gujarat State Handloom And Handicrafts Development Corporation had a promoter holding of 99.84% and a public holding of 0.17%. 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

₹6,700,000.00

Satisfied Charges

₹8,000,000.00

Charges Breakdown by Lending Institutions
  • The Gujarat Industrial Co-Op. Bank Ltd. : 0.65 Cr
  • State Bank Of India : 0.02 Cr
Latest Charge Details
Date Lender Amount Status
29 Mar 1993 The Gujarat Industrial Co-Op. Bank Ltd. ₹5.00 M Open
05 Jun 1982 The Gujarat Industrial Co-Op. Bank Ltd. ₹1.50 M Open
09 Feb 1977 State Bank Of India ₹0.20 M Open
29 Mar 1999 The Gujarat Industrial Co-Op. Bank Ltd. ₹8.00 M Satisfied
04 Sep 1992 Dena Bank ₹0.00 Satisfied

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How Many Employees Work at Gujarat State Handloom And Handicrafts Development Corporation?

Gujarat State Handloom And Handicrafts Development Corporation has a workforce of 21 employees as of Oct 22, 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 Gujarat State Handloom And Handicrafts Development Corporation, 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 Gujarat State Handloom And Handicrafts Development Corporation'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 Gujarat State Handloom And Handicrafts Development Corporation
Recent Activity within the Organization
  • Director Appointment

    The activity Shahid Mohammad was appointed as a Whole-time director was appointed as a Whole-time director on 24 Dec 2025 & has been associated with this company since 2 months 8 days . was completed.

  • Annual General Meeting

    Progress on Gujarat State Handloom And Handicrafts Development Corporation Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Ardra Agarwal was appointed as a Managing Director was appointed as a Managing Director on 10 Mar 2025 & has been associated with this company since 11 months 22 days . was recorded as a recent event.

  • Balance Sheet

    The activity Gujarat State Handloom And Handicrafts Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Lalit Narayan Singh Sandu was appointed as a Managing Director was appointed as a Managing Director on 31 Mar 2023 & has been associated with this company since 2 years 11 months . was completed.

  • Director Appointment

    The activity Anil Kalidas Prajapati was appointed as a Nominee Director was appointed as a Nominee Director on 12 Oct 2022 & has been associated with this company since 3 years 4 months . was completed.

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Frequently Asked Questions
What is the CIN of Gujarat State Handloom And Handicrafts Development Corporation Limited?

The CIN of Gujarat State Handloom And Handicrafts Development Corporation Limited is U22219GJ1973SGC002360.

Where is Gujarat State Handloom And Handicrafts Development Corporation Limited headquartered?

Gujarat State Handloom And Handicrafts Development Corporation Limited is headquartered at 01St Floor, Handloom Technology Institute Railway Station Road, Sector-13,, Gandhinagar, Gujarat, 382016.

When was Gujarat State Handloom And Handicrafts Development Corporation Limited incorporated?

Gujarat State Handloom And Handicrafts Development Corporation Limited was incorporated on 10 August 1973.

Who are the current directors of Gujarat State Handloom And Handicrafts Development Corporation Limited?

The current directors of Gujarat State Handloom And Handicrafts Development Corporation Limited are

What is the primary industry of Gujarat State Handloom And Handicrafts Development Corporation Limited?

The primary industry of Gujarat State Handloom And Handicrafts Development Corporation Limited is Manufacturing.

Is Gujarat State Handloom And Handicrafts Development Corporation Limited a listed company?

Gujarat State Handloom And Handicrafts Development Corporation Limited is unlisted.

What is the capital structure of Gujarat State Handloom And Handicrafts Development Corporation Limited?

The authorized capital of Gujarat State Handloom And Handicrafts Development Corporation Limited is ₹15.00 Cr, and the paid-up capital is ₹12.06 Cr.

What is the compliance status of Gujarat State Handloom And Handicrafts Development Corporation Limited?

The compliance status of Gujarat State Handloom And Handicrafts Development Corporation Limited is Active Non-Compliant.

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