Confidence Petroleum India Profile
Key Indicators
- Authorised Capital ₹ 35.75 Cr
as on 12-12-2024
- Paid Up Capital ₹ 33.22 Cr
as on 12-12-2024
- Company Age 30 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 612.64 Cr
as on 12-12-2024
- Satisfied Charges ₹ 97.14 Cr
as on 12-12-2024
- Revenue -21.02%
(FY 2021)
- Profit -7.82%
(FY 2021)
- Ebitda -3.68%
(FY 2021)
- Net Worth 19.15%
(FY 2021)
- Total Assets 13.64%
(FY 2021)
About Confidence Petroleum India
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526829 and on the National Stock Exchange(NSE) under CONFIPET.
The Corporate was formerly known as Devarsa Gas-Chem Limited. The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 35.75 Cr and a paid-up capital of Rs 33.22 Cr.
The company currently has active open charges totaling ₹612.64 Cr. The company has closed loans amounting to ₹97.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Confidence Petroleum India Limited India are Elesh Khara as CFO and Prity Bhabhra as Company Secretary. Vandana Gupta, Nitin Khara, Elesh Khara, and Three other members serve as directors at the Company.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Confidence Petroleum India Limited offer?
Confidence Petroleum India Limited offers a wide range of products and services, including Plant Design & Installation Services, Plant Installation Services, Transport Agents & Bulk Carriers, Tanker Transportation Services, Measuring Equipments & Instruments, Gas Measurement Instruments, Surgical & ICU Equipments, Oxygen Cylinder, Gas Cylinders, LPG Cylinders.
Who are the key members and board of directors at Confidence Petroleum India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Khara  | Managing Director | 01-Oct-2004 | Current |
| Elesh Khara | CFO | 20-Feb-2004 | Current |
| Prity Bhabhra | Company Secretary | 16-Dec-2017 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vandana Gupta | Director | 28-May-2021 | Current |
| Elesh Khara | Director and Cfo | 20-Feb-2004 | Current |
| Mansi Deogirkar | Director | 31-Mar-2015 | Current |
| Vaibhav Pradeep | Director | 14-Feb-2018 | Current |
Simon Hill  | Director | 23-Apr-2024 | Current |
Financial Performance and Corporate Structure Insights of Confidence Petroleum India.
Confidence Petroleum India Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.02% decrease. The company also saw a slight decrease in profitability, with a 7.82% decrease in profit. The company's net worth Soared by an impressive increase of 19.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Confidence Petroleum India?
In 2022, Confidence Petroleum India had a promoter holding of 59.52% and a public holding of 40.47%. The company had 13 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Confidence Green Fuel Private LimitedActive 3 years 9 months
Nitin Khara and Elesh Khara are mutual person
- Essenn Lpg Bottling Private LimitedActive 22 years 11 months
Nitin Khara and Elesh Khara are mutual person
- Confidence Enterprises Private LimitedActive 5 years 9 days
Nitin Khara and Elesh Khara are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 11 Jul 2024 | ₹4.26 Cr | Open |
Axis Bank Limited Creation Date: 30 Oct 2023 | ₹2.74 Cr | Open |
Axis Bank Limited Creation Date: 05 Sep 2023 | ₹4.31 Cr | Open |
How Many Employees Work at Confidence Petroleum India?
Confidence Petroleum India has a workforce of 438 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Confidence Petroleum India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Confidence Petroleum India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
