Gujarat State Petroleum Corporation Limited - Company Profile

It is a energy and power public limited state government company based in Gandhinagar, Gujarat, India, established in 1979.

1979 Gandhinagar, Gujarat, India Active

Last Updated: January 06, 2026

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About Gujarat State Petroleum Corporation Limited

Gujarat State Petroleum Corporation Limited, a active public limited state government company, was established on 29 January 1979 in Gandhinagar, Gujarat, India. Engaging in oil & gas exploration & production within the electricity, gas, steam and air condition supply sector, it holds CIN: U23209GJ1979SGC003281. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1,200.00 Cr and a paid-up capital of ₹1,075.65 Cr.

Formerly known as Gujarat State Petrochemicals Corporation Limited. It upholds a compliant status. Employing 168 professional, Its leadership includes Vanaja Narayanan Sarna (Director), Syed Jawaid Haider (Director), Milind Shivaram Torawane (Managing Director). Past directors included Arvind Motilal Agarwal, Balwant Singh, Pradeep Kumar Pujari. It holds no open charges and ₹26,483.43 Cr settled loans. Its latest AGM occurred on 17 October 2025, with the balance sheet filed on 31 March 2025. It is based at Gspc Bhwan, Behind Udyog Bhawan, Sector-11,, Gandhinagar, Gujarat, 382010.

Company Details

CIN/LLPIN
U23209GJ1979SGC003281
Registration Number
003281
Incorporation Date
29 January 1979
Authorized Capital
₹1,200.00 Cr
Paid-Up Capital
₹1,075.65 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1,200.00 Cr as on 06-01-2026
Paid Up Capital ₹ 1,075.65 Cr as on 06-01-2026
Company Age 47 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 26,483.43 Cr as on 06-01-2026

Comprehensive Company Insights

Explore comprehensive insights into Gujarat State Petroleum Corporation 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 Gujarat State Petroleum Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vanaja Narayanan Sarna	Director	07 Dec 2023	Current
Syed Jawaid Haider	Director	12 Aug 2024	Current
Milind Shivaram Torawane	Managing Director	01 Apr 2023	Current
Thiruvenkadam Natarajan	Director	10 Sep 2024	Current
Gauri Kumar	Additional Director	17 May 2025	Current
Manoj Das	Additional Director	09 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	06 Dec 2019	Past
Pramod Abcsdd	Director	13 Mar 2007	Past
Pramod Abcsdd	Nominee Director	31 Dec 2002	Past
Pramod Abcsdd	Additional Director	09 Nov 2015	Past
Pramod Abcsdd	Additional Director	22 Oct 2021	Past
Pramod Abcsdd	Additional Director	09 Nov 2015	Past

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Financial Performance of Gujarat State Petroleum Corporation.

Gujarat State Petroleum Corporation Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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

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YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Gujarat State Petroleum Corporation?

In 2023, Gujarat State Petroleum Corporation had a promoter holding of 55.65% and a public holding of 44.34%. The company had 8 Subsidiaries and 3 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

₹0

Satisfied Charges

₹264,834,276,767.14

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 15615.12 Cr
State Bank Of India : 6555.00 Cr
State Bank Of India As Security Trustee Representing Six Beneficiary Lenders-As Per Annexure-E : 1380.76 Cr
Icici Bank Limited : 865.00 Cr
Export Import Bank Of India : 624.46 Cr
Others : 1443.09 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Dec 2021	Hdfc Bank Limited	₹589.00 Cr	Satisfied
07 Jan 2021	Sbicap Trustee Company Limited	₹764.78 Cr	Satisfied
19 Jun 2020	Sbicap Trustee Company Limited	₹450.00 Cr	Satisfied
13 Aug 2019	Sbicap Trustee Company Limited	₹1,050.00 Cr	Satisfied
09 Oct 2018	Others	₹79.09 Cr	Satisfied

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How Many Employees Work at Gujarat State Petroleum Corporation?

Gujarat State Petroleum Corporation has a workforce of 168 employees as of Apr 06, 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.

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 Gujarat State Petroleum Corporation, 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 Gujarat State Petroleum Corporation'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 Gujarat State Petroleum Corporation

Recent Activity within the Organization

Annual General Meeting

The activity Gujarat State Petroleum Corporation Limited last Annual general meeting of members was held on 17 Oct 2025 as per latest MCA records. was completed.
17 Oct 2025
Director Appointment

The activity Manoj Das was appointed as a Additional Director was appointed as a Additional Director on 09 Sep 2025 & has been associated with this company since 5 months 27 days . was completed.
09 Sep 2025
Director Appointment

Gauri Kumar was appointed as a Additional Director was appointed as a Additional Director on 17 May 2025 & has been associated with this company since 9 months 20 days . was recorded as a recent event.
17 May 2025
Balance Sheet

Progress on Gujarat State Petroleum Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Charges

A charge registered on 19 Jun 2020 via Charge ID 100357972 with Sbicap Trustee Company Limited was fully satisfied on 11 Sep 2024. was recorded as a recent event.
11 Sep 2024
Director Appointment

Progress on Thiruvenkadam Natarajan was appointed as a Director was appointed as a Director on 10 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.
10 Sep 2024

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