HPCL

Mumbai, India Founded: 1974 • Age: 52 yrs Acquired By ONGC
Provider of petroleum and natural gas services
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About HPCL

HPCL is a company based in Mumbai (India) founded in 1974 was acquired by ONGC in January 2018.. The company has 8,050 employees as of March 31, 2024. HPCL has completed 1 acquisition, including Prize Petroleum. HPCL offers products and services including Petrol and Diesel and LPG.

  • Headquarter Mumbai, India
  • Employees 8050 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Government & Social Sector
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hindustan Petroleum Corporation Limited
Operational Areas
Government & Social Sector → Public Administration & Policy
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
    $50.58 B (USD)
    0.04
    as on Mar 31, 2024
  • Net Profit
    $786.92 M (USD)
    -57.94
    as on Mar 31, 2024
  • EBITDA
    $1.87 B (USD)
    -33.92
    as on Mar 31, 2024
  • Latest Funding Round
    $500 M (USD), Debt – Conventional

    Jul 09, 2017

  • Investors
  • Employee Count
    8050

    as on Mar 31, 2024

  • Investments & Acquisitions
  • Acquired by
    ONGC

    (Jan 20, 2018)

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IPO & Listings of HPCL

HPCL is a publicly listed company on the NSE with ticker symbol HINDPETRO in India, operating in the Energy minerals 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.

Exchange: NSE · Ticker: HINDPETRO . Sector: Energy minerals · India

Products & Services of HPCL

HPCL offers a comprehensive portfolio of products and services, including Petrol and Diesel and LPG. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Refining and distribution of petrol and diesel are conducted for transportation and industrial needs

Supply of liquefied petroleum gas is carried out for domestic and commercial cooking purposes

People of HPCL
Headcount 10000+
Employee Profiles 93
Board Members and Advisors 8
Employee Profiles
People
Leetesh Gupta
Chief Manager Finance
People
Vamsi Krishna Killadi
Assistant Manager
People
K S Shetty
Director, Human Resources
People
Dr. Nikhil Gopal Agarwal
Human Resources Manager

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Board Members and Advisors
people
Vivekananda Biswal
Director
people
Nagaraja Bhalki
Director
people
Vimla Pradhan
Director
people
Bechan Lal
Director

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Funding Insights of HPCL

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $500.0M
  • First Round

    (09 Jul 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2017 Amount Debt – Conventional - HPCL Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in HPCL

HPCL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ONGC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Provider of crude oil & natural gas exploration and production services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HPCL

HPCL has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Prize Petroleum. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
E&P of petroleum products
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HPCL

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hpcl Comparisons

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Competitors of HPCL

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hpcl

Frequently Asked Questions about HPCL

When was HPCL founded?

HPCL was founded in 1974 and raised its 1st funding round 43 years after it was founded.

Where is HPCL located?

HPCL is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of HPCL?

Anurag Raut is the current CEO of HPCL.

How many employees does HPCL have?

As of Mar 31, 2024, the latest employee count at HPCL is 8,050.

What is the annual revenue of HPCL?

Annual revenue of HPCL is $50.58B as on Mar 31, 2024.

What does HPCL do?

Established in 1974 and headquartered in Mumbai, India, operations are focused on the petroleum and natural gas sector. A range of products such as oil, lubricants, liquefied petroleum gas, aviation turbine fuel, jute batch oil, and hexane are offered. Research and development services are extended to businesses. Revenue of 33 billion was recorded in 2018, with net income of 0.22 billion noted in 2015.

What products or services does HPCL offer?

HPCL offers Petrol and Diesel and LPG.

Is HPCL publicly traded?

Yes, HPCL is publicly traded on NSE under the ticker symbol HINDPETRO.

How many acquisitions has HPCL made?

HPCL has made 1 acquisition, including Prize Petroleum.

Who are HPCL's investors?

HPCL has 1 investor. Key investors include ONGC.

What is HPCL's ticker symbol?

The ticker symbol of HPCL is HINDPETRO on NSE.

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