Gsec Limited - Company overview

Gsec is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U52100GJ1965PLC001347). Business overview incl…

1965-10-14 Ahmedabad, Gujarat Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
15.03 cr
PAID-UP CAPITAL
12.55 cr
COMPANY AGE
60 Years 7 Months
since 1965-10-14
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-27
OPEN CHARGES
1
-132.65 cr
SATISFIED CHARGES
9
182.15 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
4
Updated: 2025-05-26 03:22:47

About Gsec

Gsec is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U52100GJ1965PLC001347). Business overview includes Transport and Logistics (Air Cargo Services & Logistics), incorporated on October 14, 1965 (61+ years old), headquartered in Ahmedabad, Gujarat, India. The company is currently Active with Active Compliant compliance status. For FY 2022, the company reported revenue of ₹407.46 Cr with a profit of ₹22.90 Cr. It has 7 active directors. The company employs approximately 86 people. Its latest credit rating is BBB- by Crisil.

Air Cargo Services & Logistics Agro Retail & Distribution Chemical Distribution & Retail
  • Location Gujarat Chambers Building, Ashram Road,, Ahmedabad, Gujarat - 380009
  • Website gsecl.co.in
Name History
CIN / LLPINU52100GJ1965PLC001347
Company No.001347
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1965-10-14
Date of AGM2025-09-27
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
Credit RatingBBB- (Crisil)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Gsec

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (7)

S
Whole-time director | Since 2011-04-01
R
Managing Director | Since 2004-03-08
M
Director | Since 2022-08-06
R
Director | Since 2018-03-30
S
Director | Since 2016-02-17
S
Managing Director | Since 2010-06-12

Charges Overview

State Bank Of India : 49.50 cr
Uco Bank : 49.00 cr
Dcb Bank Limited : 45.00 cr
Kotak Mahindra Prime Limited : 6.14 cr
Open Charges: 1 Satisfied Charges: 9
Open -132.65 cr
Satisfied 182.15 cr
LenderAmountStatus
State Bank Of India
Creation Date: 30 Apr 2018
49.50 cr Open
Kotak Mahindra Prime Limited
Creation Date: 03 Aug 2015
3.00 cr Closed
Dcb Bank Limited
Creation Date: 03 Jan 2015
45.00 cr Closed

Business Activity

Activity GroupDescriptionTurnover %
Trade-93.06
Transport and storage-6.94

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Gsec
What is CIN of Gsec?
The Corporate Identification Number (CIN) for Gsec is U52100GJ1965PLC001347. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 001347 as per MCA.
When was Gsec incorporated?
Gsec was incorporated 60 years 7 months ago on 14 Oct 1965.
What is paid-up capital and authorised share capital of Gsec?
The paid-up capital of Gsec is ₹ 125,500,000.00 and authorised share capital is ₹ 150,300,000.00.
Who are the current board members and directors of Gsec?
Currently 7 directors are associated with Gsec: Samir Mankad Hanskumar, Rakesh Shah Ramanlal, Maheswar Sahu, Raji Shaishav Shah, Sandip Ashwinbhai Parikh, Shaishav Rakeshkumar Shah, Rajesh Rasiklal Bhansali.
  • Samir Mankad Hanskumar
  • Rakesh Shah Ramanlal
  • Maheswar Sahu
  • Raji Shaishav Shah
  • Sandip Ashwinbhai Parikh
  • Shaishav Rakeshkumar Shah
  • Rajesh Rasiklal Bhansali
What is the registered address of Gsec?
As per Ministry of Corporate Affairs (MCA), the registered address of Gsec is Gujarat Chambers Building, Ashram Road,, Ahmedabad, Gujarat, 380009, India.
What is the official website of Gsec?
The official website of Gsec is https://gsecl.co.in.
What is the ROC code of Gsec?
Gsec ROC code is Roc Ahmedabad.
What is the company classification of Gsec?
Gsec is classified as Public Limited Indian Non-Government Company.
Gsec - is it listed or unlisted?
Gsec is a Unlisted company.
Does Gsec have subsidiaries?
Gsec has 6 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Gsec?
Gsec is currently Active and registered in Ahmedabad, Gujarat, India.
What industry or business activity is Gsec associated with?
Gsec lists activity aligned with: Transport and Logistics - Air Cargo Services & Logistics - Trade. See the Overview and Competition sections for fuller industry context.
How many employees does Gsec have?
Available records indicate roughly 86 employees for Gsec. Confirm against filings and EPFO-related signals on the profile where shown.
Does Gsec have GST registrations on file?
Gsec shows 4 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Gsec?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Gsec.
How do I contact Gsec?
Use the official website at https://gsecl.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Gsec?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Gsec?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Gsec (last filed snapshot)?
As per the latest financial snapshot on file for FY 2022, net worth is about ₹ 62.92 Cr. Verify figures on the Financial tab and supporting filings.