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Gujarat State Financial Corporation logo

Gujarat State Financial Corporation

NSE: GUJSTATFIN BSE: 532160

₹10.69

(-2.73%)

Thu, 19 Mar 2026, 04:19 pm

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Company History

1960

  • The Corporation was established on May 1 by the Government of Gujarat under the SFC Act.

1961

  • The Corporation sanctioned financial assistance of Rs.38 lacs for 13 applications.
  • The Corporation started its operations with sanctions for 13 applications.

1971

  • The Corporation sanctioned financial assistance of Rs.850 lacs.

1981

  • The Corporation sanctioned financial assistance of Rs.4,534 lacs.

1991

  • The Corporation sanctioned financial assistance of Rs.21,534 lacs.

1992

  • The Corporation sanctioned financial assistance of Rs.28,252 lacs.

1993

  • The Corporation sanctioned financial assistance of Rs.21,974 lacs.

1994

  • The Corporation sanctioned financial assistance of Rs.23,118 lacs.

1995

  • The Corporation sanctioned financial assistance of Rs.23,944 lacs.

1996

  • The Corporation sanctioned financial assistance of Rs.30,641 lacs to 1,271 applicants during the financial year.

2000

  • The Gujarat State Financial Corporation decided to form a venture capital fund of Rs 15 crore as seed capital to help small and medium scale entrepreneurs.

2002

  • C L Meena was appointed as the Managing Director of the company.

2004

  • The Government of Gujarat transferred Shri Chaman Kumar, IAS, Managing Director and posted Shri V S Gadhvi, IAS, in his place as Managing Director of the corporation
  • Small Industries Development Bank of India nominated Shri. P. Rudran, Chief General Manager of SIDBI, Western Zonal Office, Mumbai, as a Director on the Board of the Corporation

2005

  • Shri Arvind Agrawal, IAS, took over as Managing Director
  • Smt. Nethra Shenoy, IAS, took over as Chairperson of the Corporation

2007

  • Smt. Nethra Shenoy, IAS, ceased to be a Director and Chairperson of the Corporation
  • Ms. S. K. Sekhon, IAS, was nominated as a Director of the Corporation by the State Government
  • The Corporation created a separate e-mail ID to deal with investor grievances.

2008

  • Smt. Gauri Kumar, IAS, was appointed as Chairperson of the Corporation
  • The Corporation appointed Smt. Gauri Kumar, IAS, as Chairperson with effect from June 03, 2008.

2009

  • Shri M. Sahu, IAS, Director on the Board of the Corporation, was appointed as Chairman of the Corporation

2011

  • Shri D.N.Pandey was appointed as a Director on the Board of the Corporation.

2013

  • Shri Balbir Singh, Deputy General Manager, SIDBI, Ahmedabad was appointed as a Director on the Board of the Corporation.

2014

  • D. J. Pandian, IAS, Additional Chief Secretary, Industries and Mines Department was appointed as Director on the Board of the Corporation.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800