Indian Oil Corporation Profile
Key Indicators
- Authorised Capital ₹ 30,000.00 Cr
- Paid Up Capital ₹ 14,121.24 Cr
- Company Age 65 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 33,400.00 Cr
- Satisfied Charges ₹ 20,896.05 Cr
- Revenue Growth 28.69%
- Profit Growth -65.92%
- Ebitda -49.67%
- Net Worth 2.64%
- Total Assets 8.14%
About Indian Oil Corporation
Indian Oil Corporation Limited (IOCL) was founded in India on 30 June 1959 and has a glorious history of 65 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530965 and on the National Stock Exchange(NSE) under IOC.
The Corporate was formerly known as Indian Oil Company 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 2024. It's a company limited by shares with an authorized capital of Rs 30,000.00 Cr and a paid-up capital of Rs 14,121.24 Cr.
The company currently has active open charges totaling ₹33,400.00 Cr. The company has closed loans amounting to ₹20,896.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indian Oil Corporation Limited India are Kamal Gwalani as COMPANY SECRETARY and Anuj Jain as Cfo. Ramnaresh Singh, Arvind Kumar, Satish Vaduguri, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
Industry
Energy and Power
What products or services does Indian Oil Corporation Limited offer?
Indian Oil Corporation Limited offers a wide range of products and services, including Software Development & IT Consultant, Resource Management Systems, Engine fuels, Petrol, Liquefied Natural Gas, Compressed Natural Gas, Engine Oil, Servo Engine Oil, Chemical Plants & Machinery, Petrochemical Refineries.
Indian Oil Corporation Limited
Explore comprehensive data for Indian Oil Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Indian Oil Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Gwalani  | Company Secretary | 01-Sep-2017 | Current |
| Anuj Jain | CFO | 18-Oct-2023 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramnaresh Singh | Director | 08-Apr-2022 | Current |
| Arvind Kumar | Whole-Time Director | 17-Jul-2024 | Current |
| Satish Vaduguri | Whole-Time Director | 28-Oct-2021 | Current |
| Anuj Jain | Whole-Time Director | 09-Oct-2023 | Current |
| Alok Sharma | Whole-Time Director | 16-Jan-2024 | Current |
| Arvinder Sahney | Additional Director | 13-Nov-2024 | Current |
Financial Performance of Indian Oil Corporation.
Indian Oil Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.69% increase. The company also saw a substantial fall in profitability, with a 65.92% decrease in profit. The company's net worth moved up by a moderate rise of 2.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indian Oil Corporation?
In 2022, Indian Oil Corporation had a promoter holding of 51.50% and a public holding of 48.49%. The company had 1 Subsidiary and 27 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Green Gas LimitedNachimuthu Kumar is a mutual person
Ihb LimitedNachimuthu Kumar is a mutual person
Ratnagiri Refinery And Petrochemicals LimitedSatish Vaduguri is a mutual person
Charges (Loans)
Open Charges
₹33,400.00 Cr
Satisfied Charges
₹20,896.05 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 27200.00 Cr
- Hdfc Bank Limited : 6200.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2008 | Hdfc Bank Limited | ₹6,200.00 Cr | Open |
| 25 May 1999 | State Bank Of India | ₹27,200.00 Cr | Open |
| 18 Sep 2019 | Others | ₹587.00 Cr | Satisfied |
| 22 Jun 2015 | Oil Industry Development Board | ₹711.25 Cr | Satisfied |
| 19 Mar 2015 | Oil Industry Development Board | ₹420.00 Cr | Satisfied |
How Many Employees Work at Indian Oil Corporation?
Indian Oil Corporation has a workforce of 14510 employees as of Apr 08, 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 Indian Oil Corporation, 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 Indian Oil Corporation'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 Indian Oil Corporation
Recent activity within the organization
- Director Appointment
Arvinder Singh Sahney was appointed as a Additional Director was appointed as a Additional Director on 13 Nov 2024 & has been associated with this company since 5 months .
- Annual General Meeting
Indian Oil Corporation Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.
- Director Appointment
Arvind Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Jul 2024 & has been associated with this company since 8 months 27 days .
- Director Appointment
Sujata Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 11 May 2024 & has been associated with this company since 11 months 3 days .
- Balance Sheet
Indian Oil Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Rashmi Govil was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Mar 2024 & has been associated with this company since 1 year 29 days .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Indian Oil Corporation Limited?
Indian Oil Corporation Limited was incorporated on 30 Jun 1959.
What is authorized share capital and paid-up capital of Indian Oil Corporation Limited?
The authorized share capital of Indian Oil Corporation Limited is ₹ 30,000.00 Cr and paid-up capital is ₹ 14,121.24 Cr.
Who are the current board members & directors of Indian Oil Corporation Limited?
Currently 11 directors are associated with Indian Oil Corporation Limited.
- Ramnaresh Singh
- Arvind Kumar
- Satish Kumar Vaduguri
- Anuj Jain
- Alok Sharma
- Arvinder Singh Sahney
- Kamal Kumar Gwalani
- Anuj Jain
- Rashmi Govil
- Nachimuthu Senthil Kumar
- Sujata Sharma
What is the registered address of Indian Oil Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indian Oil Corporation Limited is Indian Oil Bhavan G-9 All Yavar Jung Marg, Bandra (East) India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Indian Oil Corporation Limited?
The corporate identification number (CIN) of Indian Oil Corporation Limited is L23201MH1959GOI011388 and the company number is 011388 as per Ministry of Corporate Affairs (MCA).
Is Indian Oil Corporation Limited registered with any stock exchange in India?
Yes, Indian Oil Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IOC.
What is the official website of Indian Oil Corporation Limited?
The Official website of Indian Oil Corporation Limited is https://www.iocl.com
What has been the recent revenue trend for Indian Oil Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Indian Oil Corporation Limited has risen by 28.69%.
How many employees does Indian Oil Corporation Limited currently have?
As Per 2023 financial reports, 14510 employees are currently employed by Indian Oil Corporation Limited.
What change has been observed in the net worth of Indian Oil Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Indian Oil Corporation Limited has experienced an upsurge of 2.64%.
What are the total open charges for Indian Oil Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Indian Oil Corporation Limited amount to ₹ 33,400.00 Cr.
When was the last Balance Sheet of Indian Oil Corporation Limited filed with the ROC?
The most recent Balance Sheet for Indian Oil Corporation Limited was filed with the ROC on 31 Mar 2024.
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