Gujarat State Road Development Corporation Limited - Company Profile

It is a infrastructure and utilities public limited state government company based in Gandhinagar, Gujarat, India, established in 1999.

1999 Gandhinagar, Gujarat, India Active

Last Updated: February 17, 2026

Access Report

About Gujarat State Road Development Corporation Limited

Gujarat State Road Development Corporation Limited, a active public limited state government company, was established on 12 May 1999 in Gandhinagar, Gujarat, India. Engaging in road & bridge construction within the construction sector, it holds CIN: U45200GJ1999SGC035995. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a compliant status. Employing 11 professional, Its leadership includes Jayesh Ajitbhai Gandhi (Managing Director), Dinesh Baldevbhai Nimavat (Nominee Director), Avakash Chandrakant Jariwala (Director). Past directors included Satyanarayan Shivsinhji Rathore, Anand Babulal Patel, Nityanand Gopalnarayan Srivastava. Its latest AGM occurred on 10 December 2025, with the balance sheet filed on 31 March 2025. It is based at Na, Gandhinagar, Gujarat, 382010.

Company Details

CIN/LLPIN
U45200GJ1999SGC035995
Registration Number
035995
Incorporation Date
12 May 1999
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹5.00 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 17-02-2026
Paid Up Capital ₹ 5.00 Cr as on 17-02-2026
Company Age 26 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 76.00% (FY 2023)
Profit Growth **** 206.89% (FY 2023)
Ebitda **** 101.62% (FY 2023)
Net Worth 16.94% (FY 2023)
Total Assets **** 14.29% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Gujarat State Road 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.

Access Report

Who are the key members and board of directors at Gujarat State Road Development Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jayesh Ajitbhai Gandhi	Managing Director	17 Jul 2023	Current
Dinesh Baldevbhai Nimavat	Nominee Director	13 Aug 2025	Current
Avakash Chandrakant Jariwala	Director	09 Mar 2022	Current
Pranab Jyotiprakash Nanda	Nominee Director	02 Feb 2022	Current
Bhupendra Rajnikant Patel	Nominee Director	12 Sep 2022	Current
Prabhatkumar Ramanlal Patelia	Nominee Director	24 Feb 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Apr 2014	Past
Pramod Abcsdd	Nominee Director	05 Mar 2025	Past
Pramod Abcsdd	Director	15 Jan 2010	Past
Pramod Abcsdd	Managing Director	07 Jun 2014	Past
Pramod Abcsdd	Director	18 Feb 2009	Past
Pramod Abcsdd	Nominee Director	05 Jul 2022	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Gujarat State Road Development Corporation.

Gujarat State Road Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76% increase. The company also saw a substantial improvement in profitability, with a 206.89% increase in profit. The company's net worth Soared by an impressive increase of 16.94%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

76.00%

*******

Revenue from Operations

*******

74.32%

*******

Total Assets

*******

14.29%

*******

Profit or Loss

*******

206.89%

*******

Net Worth

*******

16.94%

*******

EBITDA

*******

101.62%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Gujarat State Road Development Corporation?

In 2022, Gujarat State Road Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Gujarat State Road Development Corporation?

Unlock and access historical data on people associated with Gujarat State Road Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Gujarat State Road 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 Road Development Corporation's trajectory.

Rating

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

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Gujarat State Road Development Corporation

Recent Activity within the Organization

Annual General Meeting

Progress on Gujarat State Road Development Corporation Limited last Annual general meeting of members was held on 10 Dec 2025 as per latest MCA records. was documented.
10 Dec 2025
Director Appointment

Dinesh Baldevbhai Nimavat was appointed as a Nominee Director was appointed as a Nominee Director on 13 Aug 2025 & has been associated with this company since 6 months 15 days . was recorded as a recent event.
13 Aug 2025
Director Appointment

Urvashi Upadhyay was appointed as a Director was appointed as a Director on 02 Aug 2025 & has been associated with this company since 6 months 26 days . was recorded as a recent event.
02 Aug 2025
Balance Sheet

Progress on Gujarat State Road Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

The activity Prabhatkumar Ramanlal Patelia was appointed as a Nominee Director was appointed as a Nominee Director on 24 Feb 2025 & has been associated with this company since 1 year 1 day . was completed.
24 Feb 2025
Director Appointment

Prerak Jasvantbhai Patel was appointed as a Nominee Director was appointed as a Nominee Director on 24 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
24 Dec 2024

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions

What is the CIN of Gujarat State Road Development Corporation Limited?

The CIN of Gujarat State Road Development Corporation Limited is U45200GJ1999SGC035995.

Where is Gujarat State Road Development Corporation Limited headquartered?

Gujarat State Road Development Corporation Limited is headquartered at Na, Gandhinagar, Gujarat, 382010.

When was Gujarat State Road Development Corporation Limited incorporated?

Gujarat State Road Development Corporation Limited was incorporated on 12 May 1999.

Who are the current directors of Gujarat State Road Development Corporation Limited?

The current directors of Gujarat State Road Development Corporation Limited are

What is the primary industry of Gujarat State Road Development Corporation Limited?

The primary industry of Gujarat State Road Development Corporation Limited is Construction.

Is Gujarat State Road Development Corporation Limited a listed company?

Gujarat State Road Development Corporation Limited is unlisted.

What is the capital structure of Gujarat State Road Development Corporation Limited?

The authorized capital of Gujarat State Road Development Corporation Limited is ₹5.00 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Gujarat State Road Development Corporation Limited?

The compliance status of Gujarat State Road Development Corporation Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available