About Confidence Group
Confidence Group is a company based in Nagpur (India) founded in 1993. Confidence Group has raised $11.28 million across 2 funding rounds from investors including BW LPG. The company has 438 employees as of April 07, 2024. Confidence Group has completed 1 acquisition, including Punjab Petroleum. Confidence Group offers products and services including LPG Supply and Cylinder Manufacturing.
- Headquarter Nagpur, India
- Employees 438 as on 07 Apr, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Confidence Petroleum India Ltd
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$266.13 M (USD)54.34as on Mar 31, 2023
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Net Profit
$11.15 M (USD)3.25as on Mar 31, 2023
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EBITDA
$26.77 M (USD)19.67as on Mar 31, 2023
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Total Equity Funding
$11.28 M (USD)
in 2 rounds
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Latest Funding Round
Not available
- Investors
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Employee Count
438
as on Apr 07, 2024
- Investments & Acquisitions
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IPO & Listings of Confidence Group
Confidence Group is a publicly listed company on the NSE with ticker symbol CONFIPET in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Confidence Group
Confidence Group offers a comprehensive portfolio of products and services, including LPG Supply and Cylinder Manufacturing.
Supply of liquefied petroleum gas is conducted for individuals and commercial entities through a network of dealers and stations
High-pressure cylinder manufacturing is performed at facilities that meet quality standards for industrial gases
Funding Insights of Confidence Group
Confidence Group has successfully raised a total of $11.28M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Confidence Group
Confidence Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BW LPG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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LPG shipping services are provided for global energy transport.
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Locked | Locked | Locked |
Investor details for Confidence Group
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Investments & Acquisitions by Confidence Group
Confidence Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Punjab Petroleum.
Investment portfolio details for Confidence Group
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Petroleum company manufacturing LPGs
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Locked | Locked | 1994 | Locked |
Complete acquisition details for Confidence Group
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Financial Statements - Confidence Group
Detailed financials for Confidence Group
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Confidence Group Comparisons
Peer comparison for Confidence Group
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Competitors of Confidence Group
Detailed competitors of Confidence Group
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Latest news on Confidence Group
Complete news archive for Confidence Group
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Frequently Asked Questions about Confidence Group
Confidence Group was founded in 1993 and raised its 1st funding round 25 years after it was founded.
Confidence Group is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Confidence Group is a funded company, having raised a total of $11.28M across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Confidence Group is 438.
Annual revenue of Confidence Group is $266.13M as on Mar 31, 2023.
The Confidence Group was established in 1993 in Nagpur, India, as a manufacturer and supplier of bottled LPG gas cylinders. Operations are centered in the energy sector, with production and distribution focused on liquefied petroleum gas products for domestic use. The company is led by Managing Director Nitin Khara, whose DIN is 01670977. Activities are conducted from the Nagpur base, serving regional markets in India.
Confidence Group offers LPG Supply and Cylinder Manufacturing.
Yes, Confidence Group is publicly traded on NSE under the ticker symbol CONFIPET.
Confidence Group has made 1 acquisition, including Punjab Petroleum.
Confidence Group has 1 investor. Key investors include BW LPG.
The ticker symbol of Confidence Group is CONFIPET on NSE.