Gaspoint Petroleum (India) Limited - Company Profile

It is a machinery and equipment public limited company based in Nagpur, Maharashtra, India, established in 1999.

1999 Nagpur, Maharashtra, India Active

Last Updated: January 11, 2026

About Gaspoint Petroleum (India) Limited

Gaspoint Petroleum (India) Limited, a active public limited company, was established on 02 February 1999 in Nagpur, Maharashtra, India. Engaging in industrial products retail & distribution within the electricity, gas, steam and air condition supply sector, it holds CIN: U23200MH1999PLC118096. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.25 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a compliant status. Its leadership includes Nitin Punamchand Khara (Director), Sarvesh Elesh Khara (Director), Nishant Jagat Bhandari (Additional Director). Past directors included Nitin Punamchand Khara, Nalin Khara Punamchand, Jigar Vijaykumar Vora. It holds ₹6.23 Cr open charges and ₹9.24 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 404 Satyam Apartments 8 Wardha Road,, Nagpur, Maharashtra, 400014.

Company Details

CIN/LLPIN
U23200MH1999PLC118096
Registration Number
118096
Incorporation Date
02 February 1999
Authorized Capital
₹5.25 Cr
Paid-Up Capital
₹5.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.25 Cr as on 11-01-2026
Paid Up Capital ₹ 5.00 Cr as on 11-01-2026
Company Age 27 Year, 19 Days
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 6.23 Cr as on 11-01-2026
Satisfied Charges ₹ 9.24 Cr as on 11-01-2026
Revenue Growth **** -32.41% (FY 2021)
Profit Growth **** 102.21% (FY 2021)
Ebitda **** 38.21% (FY 2021)
Net Worth 3.19% (FY 2021)
Total Assets **** 34.65% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Gaspoint Petroleum (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gaspoint Petroleum (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nitin Punamchand Khara	Director	21 Oct 2016	Current
Sarvesh Elesh Khara	Director	01 Apr 2015	Current
Nishant Jagat Bhandari	Additional Director	05 Jun 2023	Current
Elesh Khara	Director	21 Oct 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Apr 2015	Past
Pramod Abcsdd	Director	16 Sep 2019	Past
Pramod Abcsdd	Director	20 Mar 2018	Past
Pramod Abcsdd	Additional Director	30 May 2019	Past
Pramod Abcsdd	Additional Director	21 Oct 2016	Past
Pramod Abcsdd	Director	01 Feb 2010	Past

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Financial Performance of Gaspoint Petroleum (India).

Gaspoint Petroleum (India) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.41% decrease. The company also saw a substantial improvement in profitability, with a 102.21% increase in profit. The company's net worth moved up by a moderate rise of 3.19%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-32.41%

*******

Revenue from Operations

*******

-34.66%

*******

Total Assets

*******

34.65%

*******

Profit or Loss

*******

102.21%

*******

Net Worth

*******

3.19%

*******

EBITDA

*******

38.21%

*******

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What is the Ownership and Shareholding Structure of Gaspoint Petroleum (India)?

In 2023, Gaspoint Petroleum (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹62,250,000.00

Satisfied Charges

₹92,375,000.00

Charges Breakdown by Lending Institutions

Tata Capital Financial Services Limited : 5.00 Cr
Bank Of India : 1.23 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Nov 2021	Tata Capital Financial Services Limited	₹5.00 Cr	Open
13 May 2015	Bank Of India	₹1.23 Cr	Open
24 Nov 2011	Tirupati Urban Co-Op. Bank Limited	₹2.00 Cr	Satisfied
26 Nov 2010	Tirupati Co-Operative Bank Limited	₹2.50 Cr	Satisfied
26 Sep 2002	Shishak Sahakari Bank Limited	₹5.00 M	Satisfied

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How Many Employees Work at Gaspoint Petroleum (India)?

Unlock and access historical data on people associated with Gaspoint Petroleum (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Gaspoint 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 Gaspoint Petroleum (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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.

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Latest Updates, News, and FAQs on Gaspoint Petroleum (India)

Recent Activity within the Organization

Annual General Meeting

The activity Gaspoint Petroleum (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

The activity Gaspoint Petroleum (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.
31 Mar 2024
Director Appointment

Progress on Nishant Jagat Bhandari was appointed as a Additional Director was appointed as a Additional Director on 05 Jun 2023 & has been associated with this company since 2 years 8 months . was documented.
05 Jun 2023
Charges

A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100517881 was registered on 30 Nov 2021. was recorded as a recent event.
30 Nov 2021
Director Appointment

Nitin Punamchand Khara was appointed as a Director was appointed as a Director on 21 Oct 2016 & has been associated with this company since 9 years 4 months . was recorded as a recent event.
21 Oct 2016
Director Appointment

Elesh Khara was appointed as a Director was appointed as a Director on 21 Oct 2016 & has been associated with this company since 9 years 4 months . was recorded as a recent event.
21 Oct 2016

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Frequently Asked Questions

What is the CIN of Gaspoint Petroleum (India) Limited?

The CIN of Gaspoint Petroleum (India) Limited is U23200MH1999PLC118096.

Where is Gaspoint Petroleum (India) Limited headquartered?

Gaspoint Petroleum (India) Limited is headquartered at 404 Satyam Apartments 8 Wardha Road,, Nagpur, Maharashtra, 400014.

When was Gaspoint Petroleum (India) Limited incorporated?

Gaspoint Petroleum (India) Limited was incorporated on 02 February 1999.

Who are the current directors of Gaspoint Petroleum (India) Limited?

The current directors of Gaspoint Petroleum (India) Limited are

What is the primary industry of Gaspoint Petroleum (India) Limited?

The primary industry of Gaspoint Petroleum (India) Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Gaspoint Petroleum (India) Limited a listed company?

Gaspoint Petroleum (India) Limited is unlisted.

What is the capital structure of Gaspoint Petroleum (India) Limited?

The authorized capital of Gaspoint Petroleum (India) Limited is ₹5.25 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Gaspoint Petroleum (India) Limited?

The compliance status of Gaspoint Petroleum (India) Limited is Compliant.

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