C.U.Shah Commerce College was established as C.U.Shah Science and Commerce College in the year 1968-69 under the aegis of C.U.Ronak Foundation. C.U.Shah Commerce College came into existence as a separate and independent institute from 15th June, 1969.
The college was initially guided by the able leadership of the donor Shri Chimanlal Ujamshi Shah, popularly known as Shri C.U.Shah and the Founder Managing Trustee Late Shri I.M.Nanavati, a versatile personality and a renowned lawyer by profession. In the pioneering years of the college, it produced bachelors with an aim to making them eligible for the job opportunities available to them those days. In the beginning, the college focused the business potentials of the undergraduates and trained them to adapt to the requirements of the market during early 70s up to 80s.