Gujarat State Financial Corporation

Gujarat State Financial Corporation (532160)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return1.13 %
3 Month Return11.66 %
1 Year Return13.08 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 405
Rank 421
Rank 470
Dividend Yield
Rank 113
Rank 723
Price To Book Ratio
Rank 314
Debt To Asset
Rank 451

Company Information

Gujarat State Financial CorporationGSFC operating from Gujarat is the second state level developmental institution to go public after Haryana Financial Corporation. The corporation is a categoryI Merchant Banker. It lends to small and medium scale units. It is also into leasing hire purchase and fee based activities. A large portion of its resources is derived from refinance by SIDBI and IDBI.The corporation came out with a public issue in Feb.97 at a premium of Rs. 10. The state government of Gujarat hold 49.93 in the corporation.GSFC has taken up the lead to encourage entrepreneurship in hitech agriculture accelerate the growth in this sector. It has taken on an added role of nodal agency for export promotion in Gujarat by actively exploring potential export market and identifying overseas business opportunities. The coporation is starting OnLine services wherein all the assisted customers will complete information at the press of computer keys.GSFC has been appointed as the Channelising agency by NHFDC to sanction loan at a concessional rate of interest between 5 to 10.
OrganisationGujarat State Financial Corporation