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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarvesh Khara  | Director | 01-Apr-2015 | Current |
| Nitin Khara | Director | 21-Oct-2016 | Current |
| Elesh Khara | Director | 21-Oct-2016 | Current |
| Nishant Bhandari | Additional Director | 05-Jun-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2021 | Tata Capital Financial Services Limited | ₹5.00 Cr | Open |
| 13 May 2015 | Bank Of India | ₹1.23 Cr | Open |
| 24 Nov 2011 | Tirupati Urban Co-Op. Bank Limited | ₹2.00 Cr | Satisfied |
| 26 Nov 2010 | Tirupati Co-Operative Bank Limited | ₹2.50 Cr | Satisfied |
| 26 Sep 2002 | Shishak Sahakari Bank Limited | ₹5.00 M | Satisfied |
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.
Deals i
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
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.
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 7 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 7 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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