CUGL

Kanpur, India Founded: 2005 • Age: 21 yrs
Gas distribution operations are conducted in Kanpur, India.

About CUGL

CUGL is an Energy & Utilities company based in Kanpur (India) founded in 2005. Gas distribution operations are conducted in Kanpur, India. CUGL has raised $18.25 million across 2 funding rounds from investors including Indraprastha Gas Limited, IIML and IDFC Limited. Its website cugl.co.in draws about 27 thousand monthly visits. Its Indian entity Central U.P. Gas Limited reported revenue of β‚Ή704 Cr. CUGL offers products and services including Piped Natural Gas (PNG) and Compressed Natural Gas (CNG). Its focus areas include Energy, Oil & Gas Downstream, Fuel Distribution and Services.

Company details

CUGL was established in 2005 as a gas distributor based in Kanpur, India. Gas supply and distribution activities are centered in the local region, serving residential and commercial needs. Operations encompass logistics and delivery within Kanpurs infrastructure. The company is directed by Managing Director Ranjan Dwivedi, holding DIN 08448911. Focus remains on reliable gas provision in the energy sector without expansion beyond the area.

  • Headquarters Kanpur, India
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website cugl.co.in
  • Legal Name Central U.P. Gas Limited
  • Date of Incorporation 25 Feb, 2005
  • Jurisdiction Kanpur, Uttar Pradesh, India
Key Metrics
  • Annual Revenue
    ₹704 Cr

    FY 2024 · -7% YoY

  • Net Profit
    ₹71.86 Cr

    FY 2024 · 10% margin

  • EBITDA
    ₹128 Cr

    FY 2024 · 18% margin

  • Total Equity Funding
    $18.25M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.61M (USD), Series B

    Jun 2013

  • Investors

Products & Services of CUGL

CUGL offers a comprehensive portfolio of products and services, including Piped Natural Gas (PNG) and Compressed Natural Gas (CNG).

Piped Natural Gas (PNG)
Energy Distribution

PNG is distributed to households, commercial entities, and industries as a clean fuel option for cooking and heating purposes.

Compressed Natural Gas (CNG)
Fuel Supply

CNG is provided at stations for vehicular use, where it is recognized for its environmental advantages and safety features.

Funding Insights of CUGL

CUGL has successfully raised a total of $18.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.61 million completed in June 2013. 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.

  • Total Funding $18.25M
  • Total Rounds 2
  • Last Round Series B β€” $11.61M
  • First Round $6.64M

    (Jun 2006)

  • Investors Count 3

All 2 funding rounds of CUGL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2013$11.61MSeries B–Indraprastha Gas Limited
–
Jun 2006$6.64MSeries A–IDFC, IIML
–
Valuation history

3 investors in total: 3 institutional.

Investors in CUGL

CUGL has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Indraprastha Gas Limited, IIML and IDFC Limited.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments in multiple sectors are managed via private equity.
1989iimlindia.comMumbai, India
Piped natural gas is distributed to various sectors in India.
1999iglonline.netNoida, India
Investment banking and infrastructure financing services are provided by IDFC.
idfclimited.comChennai, India
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Investor details for CUGL

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Board of directors of Central U.P. Gas Limited (CUGL)

Central U.P. Gas Limited is the primary company behind CUGL. The board of Central U.P. Gas Limited currently have 9 directors; the longest-serving is Rajeev Kumar, appointed in 2022. 64 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajeev Kumar
DIN 09698796
Director18 Aug 20224 yrs 2 moCentral U.P. Gas Limited
Sunil Kumar Agrawal
DIN 03029952
Director18 Aug 20224 yrs 2 moCentral U.P. Gas Limited
Bhudev Singh
DIN 10273421
Director09 Aug 20233 yrs 3 moCentral U.P. Gas Limited
Praveer Agrawal
DIN 09029592
Director01 Nov 20233 yrsCentral U.P. Gas Limited
Rajib Lochan Pal
DIN 10592578
Managing Director16 Apr 20242 yrs 6 moCentral U.P. Gas Limited
Rajwinder Singh Panesar
DIN 10611856
Whole-time director30 Apr 20242 yrs 6 moCentral U.P. Gas Limited
Sanjeev Kumar Bhatia
DIN 10237761
Director30 Jul 20242 yrs 3 moCentral U.P. Gas Limited
Mohit Bhatia
DIN 10603296
Director08 May 20251 yr 6 moCentral U.P. Gas Limited
Geetha Ramakrishnan
DIN 11319218
Additional Director26 Sep 20251 yr 1 moCentral U.P. Gas Limited

People of CUGL

1 people are tracked at CUGL (1 in leadership).

NameRoleGroup
Managing DirectorLeadership
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Complete people profiles for CUGL

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Financials of CUGL

Figures of Central U.P. Gas Limited, the primary company behind CUGL, for FY 2024. Revenue was ₹704 Cr (-7% year on year). Net profit was ₹71.86 Cr (10% margin). EBITDA was ₹128 Cr (18% margin). Revenue has grown at a compounded annual rate of +33% over three years and +16% over five years.

  • ₹704 CrRevenue · FY 2024 · -7% YoY
  • ₹71.86 CrNet profit · 10% margin
  • ₹128 CrEBITDA · 18% margin
  • ₹60.00 CrPaid-up capital
  • +33%Revenue CAGR, 3 years
  • +16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Central U.P. Gas Limited are on its company page.

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Detailed financial statements for CUGL

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Timeline of CUGL

3 dated milestones of CUGL across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded CUGL is founded.
  2. Funding First funding round of $6.6M.
  3. Funding Latest funding round, Series B, of $11.6M.

Web traffic of CUGL

The website of CUGL (cugl.co.in) receives about 26.6K visits a month.

  • Monthly visits
    26.6K

    ▼ 28.1% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Cugl

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Complete news archive for CUGL

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Frequently Asked Questions about CUGL

CUGL was founded in 2005 and raised its 1st funding round 1 year after it was founded.

CUGL is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.

CUGL is a funded company, having raised a total of $18.25M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.64M, raised on Jun 2006.

The primary company behind CUGL, Central U.P. Gas Limited, reported revenue of β‚Ή704 Cr for FY 2024, down 7% year on year.

CUGL was established in 2005 as a gas distributor based in Kanpur, India. Gas supply and distribution activities are centered in the local region, serving residential and commercial needs. Operations encompass logistics and delivery within Kanpurs infrastructure. The company is directed by Managing Director Ranjan Dwivedi, holding DIN 08448911. Focus remains on reliable gas provision in the energy sector without expansion beyond the area.

CUGL offers Piped Natural Gas (PNG) and Compressed Natural Gas (CNG).

CUGL has 3 investors. Key investors include Indraprastha Gas Limited, IIML, and IDFC Limited.

CUGL operates through Central U.P. Gas Limited.

The legal entities of CUGL currently have 11 directors, including Bhudev Singh, Praveer Agrawal, Sanjeev Kumar Bhatia and others.

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