In 1993, the trust decided to establish three colleges: Arts, Commerce and Science and started to build the college campus. Finally, from 12th July, 1999, the academic year of Shree J.D. Gabani Commerce College commenced. The two colleges namely Shree J.B. Dharukawala Arts and Shree J.D. Gabani Commerce College had been a joint college from 1999 to 2005. Then the former college became a grant-in-aid and the latter got separated from the merged unit and thus became a self-financed institute. The trust also started another college namely Shree Swami Atmanand Saraswati College of Management which later got merged with Commerce college.