Confidence Petroleum India Limited, a active public limited company, was established on 21 July 1994 in Mumbai, Maharashtra, India. Engaging in oil & gas marketing services within the electricity, gas, steam and air condition supply sector, it holds CIN: L40200MH1994PLC079766. Registered under ROC Roc Mumbai. it is listed on BSE: 526829 and NSE: CONFIPET. It has an authorized capital of ₹35.75 Cr and a paid-up capital of ₹33.22 Cr.
Formerly known as Devarsa Gas-Chem Limited, Devarsa Gas-Chem Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹2,053.83 Cr and a net worth of ₹701.06 Cr. Employing 438 professional, Its leadership includes Nitin Punamchand Khara (Managing Director), Vaibhav Dedhia Pradeep (Director), Elesh Khara (Cfo). Past directors included Nalin Khara Punamchand, Supratim Subimal Basu, Siddharth Surendra Sipani. It holds ₹653.45 Cr open charges and ₹97.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1002 Akruti Erica, F P No 274 B 411 Of Tps-V, Shraddhanand Rd, Vile Parle East, Mumbai, Maharashtra, 400057.
L40200MH1994PLC079766
079766
21 July 1994
₹35.75 Cr
₹33.22 Cr
Roc Mumbai
Listed (BSE: 526829, NSE: CONFIPET)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitin Punamchand Khara | Managing Director | 01 Oct 2004 | Current |
| Vaibhav Dedhia Pradeep | Director | 14 Feb 2018 | Current |
| Elesh Khara | Cfo | 22 Mar 2016 | Current |
| Sumit Bansal | Director | 08 Sep 2025 | Current |
| Richa Kathuria | Director | 08 Sep 2025 | Current |
| Ketki Save | Additional Director | 08 Dec 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 14 Aug 2015 | Past |
| Pramod Abcsdd | Director | 13 Sep 2019 | Past |
| Pramod Abcsdd | Secretary | - | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2021 | Past |
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Confidence Petroleum India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.86% increase. The company also saw a slight improvement in profitability, with a 1.25% increase in profit. The company's net worth Soared by an impressive increase of 18.74%.
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In 2023, Confidence Petroleum India had a promoter holding of 61.45% and a public holding of 38.55%. The company had 12 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹6,534,463,926.00
₹971,443,229.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2025 | Axis Bank Limited | ₹40.00 Cr | Open |
| 17 Mar 2025 | Others | ₹20.00 Cr | Open |
| 31 Dec 2024 | Hdfc Bank Limited | ₹2.65 Cr | Open |
| 31 Dec 2024 | Hdfc Bank Limited | ₹2.65 Cr | Open |
| 22 Nov 2024 | Sidbi | ₹2.48 Cr | Open |
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Confidence Petroleum India has a workforce of 438 employees as of Apr 07, 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.
Gain comprehensive insights into the Deals and Valuation data of Confidence Petroleum India, 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 Confidence Petroleum India's trajectory.
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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.
Progress on Ketki Save was appointed as a Additional Director was appointed as a Additional Director on 08 Dec 2025 & has been associated with this company since 1 month 7 days . was documented.
The activity A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 19 May 2025 with Charge ID 101107231 was modified on 04 Nov 2025. was completed.
Progress on A charge with Axis Bank Limited of Rs. 50.00 Cr registered on 13 Sep 2022 with Charge ID 100613644 was modified on 04 Nov 2025. was documented.
The activity A charge with Axis Bank Limited of Rs. 94.00 Cr registered on 28 Jun 2021 with Charge ID 100460154 was modified on 04 Nov 2025. was completed.
Sumit Bansal was appointed as a Director was appointed as a Director on 08 Sep 2025 & has been associated with this company since 4 months 9 days . was recorded as a recent event.
Richa Kathuria was appointed as a Director was appointed as a Director on 08 Sep 2025 & has been associated with this company since 4 months 9 days . was recorded as a recent event.
The CIN of Confidence Petroleum India Limited is L40200MH1994PLC079766.
Confidence Petroleum India Limited is headquartered at 1002 Akruti Erica, F P No 274 B 411 Of Tps-V, Shraddhanand Rd, Vile Parle East, Mumbai, Maharashtra, 400057.
Confidence Petroleum India Limited was incorporated on 21 July 1994.
The current directors of Confidence Petroleum India Limited are
The primary industry of Confidence Petroleum India Limited is Electricity, Gas, Steam And Air Condition Supply.
Confidence Petroleum India Limited is listed. It is listed on BSE: 526829 and NSE: CONFIPET.
The authorized capital of Confidence Petroleum India Limited is ₹35.75 Cr, and the paid-up capital is ₹33.22 Cr.
The compliance status of Confidence Petroleum India Limited is Compliant.
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