Rajasthani Sammelan, a public charitable trust established its identity in the year 1948 at Malad, a western suburb of Mumbai, to promote social and educational activities. For more than six decades, the Trust has played a leading role in promoting education.
The long-cherished dream of Rajasthani Sammelan to start a degree college was realized in the year 1983 on account of the generous donation given by Shri Mahavirprasad G. Saraf, a great philanthropist and the Managing Trustee of Ghanshyamdas Saraf Trust.
Affiliated to the University of Mumbai, the college has been named in the memory of Late Seth Ghanshyamdas Saraf – father of Shri Mahavirprasad G. Saraf. It started functioning with 220 students.
In the year 1997, a spacious five-storied college building was constructed in the same premises with many modern facilities and was inaugurated on 3rd July 1997 by His Excellency Dr. P.C. Alexander, Hon’ble Governor of Maharashtra. In June 2008, an additional floor was built to make it a six-storey structure.
The college has been re-accredited by NAAC with B+ Grade.