According to the Brahma Purana, this is the day on which Brahma created the world after the deluge and time began to tick from this day forth. Also Gudhi is believed to ward off evil, invite prosperity and good luck into the house.
The tantra text Ganeshyamal states that in all 108 frequencies, one each from the four parts (charans) of the twenty-seven lunar asterisms from the region of lunar asterisms (nakshtralok / karmadevlok) 27×4=108 reach the earth. They disintegrate further into four types of frequencies - yama, surya, prajapati and sanyukta (conjoint).
On this day, the Tej and Prajapati frequencies are effective in large measures. During sunrise on this day, the Chaitanya (Divine Consciousness) emitted from these frequencies can be retained for a longer period. It is accumulated in the cells of the embodied soul and is used by the embodied soul as and when required. Therefore within 5-10 minutes of sunrise one should perform ritualistic worship of the Gudi.
Thanks Deepesh for your warm wishes. Lets pray for Peace and Harmony for our globe in coming year on this day.
Wish you a very Happy Gudi Padwa