Gaspoint Petroleum (India) Limited

Sells packed cylinders for commercial, industrial, and bulk applications since 1999.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Gaspoint Petroleum (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.23 Cr
  • Satisfied Charges ₹ 9.24 Cr
  • Revenue Growth -32.41%
  • Profit Growth 102.21%
  • Ebitda 38.21%
  • Net Worth 3.19%
  • Total Assets 34.65%

About Gaspoint Petroleum (India)

Gaspoint Petroleum (India) Limited (GPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 February 1999 and has a history of 26 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.25 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹6.23 Cr. The company has closed loans amounting to ₹9.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Khara, Elesh Khara, Sarvesh Khara, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23200MH1999PLC118096

  • Company No.

    118096

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Company report

Gaspoint Petroleum (India) Limited

Explore comprehensive data for Gaspoint Petroleum (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gaspoint Petroleum (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Sarvesh Khara Country flag representing In Director 01-Apr-2015Current
Nitin Khara Country flag representing In Director 21-Oct-2016Current
Elesh Khara Country flag representing In Director 21-Oct-2016Current
Nishant Bhandari Country flag representing In Additional Director 05-Jun-2023Current

Financial Performance of Gaspoint Petroleum (India).

Gaspoint Petroleum (India) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.41% decrease. The company also saw a substantial improvement in profitability, with a 102.21% increase in profit. The company's net worth moved up by a moderate rise of 3.19%.

Gaspoint Petroleum (India) revenue growth over time
Gaspoint Petroleum (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.41%
Revenue from Operations
-34.66%
Total Assets
34.65%
Profit or Loss
102.21%
Net Worth
3.19%
EBITDA
38.21%

What is the Ownership and Shareholding Structure of Gaspoint Petroleum (India)?

In 2023, Gaspoint Petroleum (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.23 Cr

Satisfied Charges

₹9.24 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 5.00 Cr
  • Bank Of India : 1.23 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2021Tata Capital Financial Services Limited₹5.00 CrOpen
13 May 2015Bank Of India₹1.23 CrOpen
24 Nov 2011Tirupati Urban Co-Op. Bank Limited₹2.00 CrSatisfied
26 Nov 2010Tirupati Co-Operative Bank Limited₹2.50 CrSatisfied
26 Sep 2002Shishak Sahakari Bank Limited₹5.00 MSatisfied

How Many Employees Work at Gaspoint Petroleum (India)?

Unlock and access historical data on people associated with Gaspoint Petroleum (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Gaspoint Petroleum (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gaspoint 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 Gaspoint Petroleum (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Gaspoint Petroleum (India)

Recent activity within the organization

  • Annual General Meeting

    Gaspoint Petroleum (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Gaspoint Petroleum (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Nishant Jagat Bhandari was appointed as a Additional Director was appointed as a Additional Director on 05 Jun 2023 & has been associated with this company since 1 year 11 months .

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100517881 was registered on 30 Nov 2021.

  • Director Appointment

    Nitin Punamchand Khara was appointed as a Director was appointed as a Director on 21 Oct 2016 & has been associated with this company since 8 years 6 months .

  • Director Appointment

    Elesh Khara was appointed as a Director was appointed as a Director on 21 Oct 2016 & has been associated with this company since 8 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Gaspoint Petroleum (India) Limited?

    Gaspoint Petroleum (India) Limited was incorporated on 02 Feb 1999.

  • What is authorized share capital and paid-up capital of Gaspoint Petroleum (India) Limited?

    The authorized share capital of Gaspoint Petroleum (India) Limited is ₹ 5.25 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Gaspoint Petroleum (India) Limited?

    Currently 4 directors are associated with Gaspoint Petroleum (India) Limited.

    • Nitin Punamchand Khara
    • Elesh Khara
    • Sarvesh Elesh Khara
    • Nishant Jagat Bhandari
  • What is the registered address of Gaspoint Petroleum (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gaspoint Petroleum (India) Limited is 404 Satyam Apartments 8 Wardha Road, India, Nagpur, Maharashtra, 400014.

  • What is the corporate identification number (CIN) and company number of Gaspoint Petroleum (India) Limited?

    The corporate identification number (CIN) of Gaspoint Petroleum (India) Limited is U23200MH1999PLC118096 and the company number is 118096 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gaspoint Petroleum (India) Limited?

    The Official website of Gaspoint Petroleum (India) Limited is https://www.gaspoint.in

  • What has been the recent revenue trend for Gaspoint Petroleum (India) Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Gaspoint Petroleum (India) Limited has fallen by -32.41%.

  • What change has been observed in the net worth of Gaspoint Petroleum (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Gaspoint Petroleum (India) Limited has experienced an upsurge of 3.19%.

  • What are the total open charges for Gaspoint Petroleum (India) Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Gaspoint Petroleum (India) Limited amount to ₹ 6.23 Cr.

  • When was the last Balance Sheet of Gaspoint Petroleum (India) Limited filed with the ROC?

    The most recent Balance Sheet for Gaspoint Petroleum (India) Limited was filed with the ROC on 31 Mar 2024.

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