- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0102615

Bansidhar Petroleum Private Limited
About Bansidhar Petroleum Private Limited
Data last updated:
Bansidhar Petroleum Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 05 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51102GJ2004PTC044863. Its GSTIN is 24AACCB4727E1Z3 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Nareshbhai Nathabhai Pedhadia and Dineshbhai Nathabhai Pedhadia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹4 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹47,422 (net margin 0.1%) and EBITDA of ₹1.57 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 23% over five years.
As per MCA filings, the company has satisfied charges of ₹3.74 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Bansidhar Petroleum Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0102615). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Bansidhar Petroleum
Contact details
Bansidhar Petroleum Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS No 5/1 Plot No 4 Nrromika Prints Opp G Kck Bosam Ia College Junagadh Road B/H Lions Sch, Ool Jetpur, Rajkot, Gujarat, India – 360370
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Bansidhar Petroleum Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bansidhar Petroleum is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bansidhar Petroleum Private Limited, buy the company report.
Financials of Bansidhar Petroleum Private Limited
FY 2025 filings availableBansidhar Petroleum Private Limited reported revenue of ₹4 Cr (down 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 58% fall in the latest year. EBITDA fell 89% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47,422 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bansidhar Petroleum Private Limited, buy the company report.
Board of directors of Bansidhar Petroleum Private Limited
Bansidhar Petroleum has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nareshbhai Nathabhai Pedhadia Also directs: L N Technocast Private Limited | Director | 09 May 2015 | 11 Years 5 Months | Current |
| Dineshbhai Nathabhai Pedhadia | Director | 09 May 2015 | 11 Years 5 Months | Current |
| Ajaybhai Rameshbhai Patel Also directs: Helion Global LLP, Roll and Cast Technologies Private Limited | Director | 12 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
Bansidhar Petroleum Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Petroleum), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Starke and Company Private Limited | ₹4.04 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Veekay Coatings Private Limited | ₹4.04 Cr (FY 2025) | 50.0% | Jamshedpur, Jharkhand, India | |||
| Equipro Solutions Private Limited | ₹4.01 Cr (FY 2024) | -56.0% | Chennai, Tamil Nadu, India | |||
| Citi Exim Private Limited | ₹4 Cr (FY 2024) | 37.0% | Ahmedabad, Gujarat, India | |||
| Bansidhar Petroleum Private Limitedthis company | ₹4 Cr (FY 2024) | ₹47,422 | 0.1% | -58.0% | Rajkot, Gujarat, India | |
| Kushika Industries Private Limited | ₹4 Cr (FY 2024) | -3.0% | Ahmedabad, Gujarat, India | |||
| Spectrum Surface Solutions India Private Limited | ₹3.99 Cr (FY 2024) | -24.0% | Chennai, Tamil Nadu, India | |||
| Rupen Marketing Pvt Ltd | ₹3.98 Cr (FY 2024) | 962.0% | Ahmedabad, Gujarat, India | |||
| Lonsdale Life Sciences Private Limited | ₹3.97 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bansidhar Petroleum Private Limited, buy the company report.
Auditor
Bansidhar Petroleum Private Limited is audited by DHAVAL SUDANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHAVAL SUDANI & ASSOCIATES | FY 2023 | 158766 |
Shareholding
The shareholding of Bansidhar Petroleum Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bansidhar Petroleum Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2013 | 10425987 | Rajkot Nagarik Sahakari Bank Ltd | ₹38 Lakh | Satisfied | |
| 13 Mar 2008 | 10292563 | Rajkot Nagarik Sahakari Bank Limited | ₹2.79 Cr | Satisfied | |
| 03 May 2006 | 10003567 | State Bank of India | ₹56.5 Lakh | Satisfied |
To see the full charge records of Bansidhar Petroleum Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bansidhar Petroleum Private Limited has 3 court cases on record: 3 filed by Bansidhar Petroleum. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Commercial matter | Filed by the company against Reliance BP Mobility Limited | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Goods and Services Tax Network and 3 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 5 others | Disposed |
To see the full case history of Bansidhar Petroleum Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bansidhar Petroleum Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bansidhar Petroleum has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCB4727E1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bansidhar Petroleum Private Limited, buy the company report.
Recent activity
Bansidhar Petroleum Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Hitesh Narsibhai Gajera ceased to be Director on 06 Jun 2025.
5 earlier events are in the company report.
Frequently asked questions
Bansidhar Petroleum is an active private limited company based in Rajkot, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 05 October 2004 (22+ years old) and is registered under CIN U51102GJ2004PTC044863.
Bansidhar Petroleum has 3 current directors:
- Nareshbhai Nathabhai Pedhadia - Director
- Dineshbhai Nathabhai Pedhadia - Director
- Ajaybhai Rameshbhai Patel - Director
The latest financial statements of Bansidhar Petroleum on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bansidhar Petroleum is 24AACCB4727E1Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bansidhar Petroleum is U51102GJ2004PTC044863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bansidhar Petroleum has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.
Bansidhar Petroleum was incorporated on 05 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bansidhar Petroleum by revenue are Starke and Company Private Limited, Veekay Coatings Private Limited, Equipro Solutions Private Limited, Citi Exim Private Limited, Kushika Industries Private Limited and 3 more, all in the Chemicals industry (Chemical Retail and Distribution, Petroleum), with the same principal business activity (wholesale trading).
Hitesh Narsibhai Gajera ceased to be Director on 06 Jun 2025. Vijayaben Vrajlal Gajera ceased to be Director on 06 Jun 2025. Nayendra Shambhubhai Gajera ceased to be Director on 26 Aug 2023. Bansidhar Petroleum has 7 board changes on record in total.
Yes, Bansidhar Petroleum is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0102615).
The registered office of Bansidhar Petroleum is at S No 51 Plot No 4 Nrromika Prints Opp G Kck Bosam Ia College Junagadh Road BH Lions Sch, Ool Jetpur, Rajkot, Gujarat, India – 360370.

