About Hpoil Gas Private Limited
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Hpoil Gas Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 30 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23201MH2018PTC317703. Its GSTIN is 27AAECH7368D1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹252 Cr and a paid-up capital of ₹224 Cr. It is led by directors including Vinod Kuzhichapilly and Ranjan Goswami.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Marathon Futurex 10th Floor N.M. Joshi Marg Lower Parel (East), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹285.26 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹9.29 Cr (net margin 3.3%) and EBITDA of ₹53.33 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 148% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹734.68 Cr and satisfied charges of ₹3.16 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 3 deals on record (3 rights issues); the latest was in July 2025. Its 3 peer companies in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels) are compared by revenue, 2 larger and 1 smaller; the largest is Unison Enviro Private Limited with revenue of ₹388.15 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 42 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hpoilgas.in.
Company details
Contact details
Hpoil Gas Private Limited's registered office is in Mumbai, Maharashtra. Its website is hpoilgas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMarathon Futurex 10th Floor N.M. Joshi Marg Lower Parel (East), Mumbai, Maharashtra, India – 400013
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Hpoil Gas 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 Hpoil Gas is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Hpoil Gas Private Limited, buy the company report.
Financials of Hpoil Gas Private Limited
FY 2025 filings availableHpoil Gas Private Limited reported revenue of ₹285.26 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 148% over five years, including 41% growth in the latest year. EBITDA rose 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹53.33 Cr | ||||
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| Net Profit (PAT) | ₹9.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Hpoil Gas Private Limited, buy the company report.
Board of directors of Hpoil Gas Private Limited
Hpoil Gas has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kuzhichapilly | Director | 04 May 2022 | 4 Years 6 Months | Current |
| Ranjan Goswami Also directs: Apgcl Oil Green Power Limited, Oil Green Energy Limited | Nominee Director | 30 Apr 2024 | 2 Years 6 Months | Current |
| Abhijit Das Also directs: Oil Green Energy Limited | Nominee Director | 25 Apr 2025 | 1 Years 6 Months | Current |
| Muralikrishna Venkata Vadrevu | Nominee Director | 11 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Hpoil Gas Private Limited is compared with the 3 companies closest to it by revenue in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unison Enviro Private Limited | ₹388.15 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| Haryana City Gas (Kce) Private Limited | ₹340.97 Cr (FY 2025) | 39.0% | New Delhi, Delhi, India | |||
| Hpoil Gas Private Limitedthis company | ₹285.26 Cr (FY 2025) | ₹9.29 Cr | 3.3% | 41.0% | 25 | Mumbai, Maharashtra, India |
| Think Gas Bhopal Private Limited | ₹229.31 Cr (FY 2025) | 44.0% | Kanchipuram, Tamil Nadu, India |
To see the full peer comparison of Hpoil Gas Private Limited, buy the company report.
Auditor
Hpoil Gas Private Limited is audited by MSKA & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Hpoil Gas 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 Hpoil Gas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101173435 | Others | ₹733.04 Cr | Open | |
| 25 Sep 2020 | 100378948 | Canara Bank | ₹1.6 Cr | Open | |
| 14 May 2019 | 100286329 | Others | ₹4 Lakh | Open | |
| 03 Jul 2021 | 100458763 | Canara Bank | ₹1.49 Cr | Satisfied | |
| 09 Mar 2020 | 100333974 | Others | ₹22.55 Lakh | Satisfied |
To see the full charge records of Hpoil Gas Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Hpoil Gas Private Limited has 3 deals on record (3 rights issues); the latest was in July 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Rights issue | ₹32 Cr | Investors: Oil India Limited , Hindustan Petroleum Corporation Limited |
| May 2023 | Rights issue | ₹47 Cr | Investors: Hindustan Petroleum Corporation Limited , Oil India Limited |
| Apr 2019 | Rights issue | ₹135 Cr | Investors: Hindustan Petroleum Corporation Limited , Oil India Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hpoil Gas Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed against the company | Pending |
| District court, Ambala, Haryana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Hpoil Gas 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.
Credit ratings & regulatory alerts
Hpoil Gas Private Limited was last rated by Crisil on 29 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Oct 2021 |
To see the full credit ratings and regulatory alerts of Hpoil Gas Private Limited, buy the company report.
MSME payment delays
Hpoil Gas Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 42 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Techno Global Services Private Limited | |||
| an individual supplier | |||
| TGT Fuel Technologies Private Limited | |||
| an individual supplier | |||
| Indian Compressors Limited |
To see the full MSME payment records of Hpoil Gas Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hpoil Gas Private Limited has a workforce of 25 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Hpoil Gas has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH7368D1ZG | Maharashtra | Active | 09 Feb 2019 |
| 06AAECH7368D1ZK | Haryana | Active | 09 Mar 2019 |
To see the full GST registrations and return filing status of Hpoil Gas Private Limited, buy the company report.
Recent activity
Hpoil Gas Private Limited has 21 board changes on record since 2019: 4 appointments and 17 cessations. The latest: Abhijit Das ceased to be Additional Director on 26 May 2025.
28 earlier events are in the company report.
Frequently asked questions
Hpoil Gas is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 30 November 2018 (8+ years old) and is registered under CIN U23201MH2018PTC317703.
Hpoil Gas has 4 current directors:
- Vinod Kuzhichapilly - Director
- Ranjan Goswami - Nominee Director
- Abhijit Das - Nominee Director
- Muralikrishna Venkata Vadrevu - Nominee Director
The latest financial statements of Hpoil Gas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Hpoil Gas is 27AAECH7368D1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAECH7368D1ZK (Haryana).
The CIN (Corporate Identification Number) of Hpoil Gas is U23201MH2018PTC317703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hpoil Gas has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Hpoil Gas was incorporated on 30 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Hpoil Gas has 3 deals on record (3 rights issues); the latest was in July 2025.
The peers of Hpoil Gas by revenue are Unison Enviro Private Limited, Haryana City Gas (Kce) Private Limited, Think Gas Bhopal Private Limited, all in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Abhijit Das ceased to be Additional Director on 26 May 2025. Muralikrishna Venkata Vadrevu ceased to be Additional Director on 26 May 2025. Abhijit Das was appointed as Nominee Director on 25 Apr 2025. Hpoil Gas has 21 board changes on record in total.
Hpoil Gas has 7 MSME Form 1 returns on record between 2019 and 2024, listing 42 overdue payments to 17 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Hpoil Gas can be reached through the website hpoilgas.in. Its registered office is in Mumbai, Maharashtra, India.
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