Inspec Oils Limited
About Inspec Oils Limited
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Inspec Oils Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the extraction of crude petroleum and natural gas segment of the oil and gas sector. It was incorporated on 10 August 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1984PLC037817. Its GSTIN is 19AACCA1077E1ZY (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹6.8 Lakh. It is led by directors including Ajit Kumar Ghosh and Ramesh Kumar Kedia.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 31 B D Bag (South), Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.63 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹24.55 Lakh (net margin 15.1%) and EBITDA of ₹28.03 Lakh (EBITDA margin 17.2%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 21% over five years.
As per MCA filings, the company has satisfied charges of ₹25.39 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Inspec Oils Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address31 B D Bag (South), Kolkata, West Bengal, India – 700001
- IndustryOil & Gas, Extraction Of Crude Petroleum & Natural Gas
To see the full contact details of Inspec Oils 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 Inspec Oils is manufacturing. In detail, this covers manufacture of coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 19 | Manufacture of coke and refined petroleum products |
To see the full business activity and turnover split of Inspec Oils Limited, buy the company report.
Financials of Inspec Oils Limited
FY 2025 filings availableInspec Oils Limited reported revenue of ₹1.63 Cr (up 127% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 127% growth 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 | ₹28.03 Lakh | ||||
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| Net Profit (PAT) | ₹24.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 17.2% | ||||
| Net Profit Margin | 15.1% | ||||
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To see the full financial statements and ratios of Inspec Oils Limited, buy the company report.
Board of directors of Inspec Oils Limited
Inspec Oils has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Ghosh Also directs: Hope Enterprises Private Limited, Veetex Commerce Private Limited, Pragati Business Limited and 5 more | Director | 25 Nov 1997 | 28 Years 10 Months | Current |
| Ramesh Kumar Kedia Also directs: Hope Enterprises Private Limited, Veetex Commerce Private Limited, Magma Estates Private Limited and 5 more | Director | 30 Mar 2000 | 26 Years 6 Months | Current |
| Mangi Lal Surana Also directs: Chandroday Mercantiles Pvt Ltd, Nortex Property Private Limited, Nortex Complex Private Limited and 5 more | Director | 13 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Inspec Oils Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zircon Petrochem Private Limited | ₹2.41 Cr (FY 2024) | 576.0% | New Delhi, Delhi, India | |||
| Chetna Paints P.Ltd. | ₹2.16 Cr (FY 2025) | 89.0% | Maharashtra, India | |||
| Atulyam Coke Private Limited | ₹1.84 Cr (FY 2024) | 1109.0% | Jamkhambhalia, Gujarat, India | |||
| Motodrive Industries Private Limited | ₹1.76 Cr (FY 2025) | 28.0% | Nagpur, Maharashtra, India | |||
| SNR Lubricants Private Limited | ₹1.69 Cr (FY 2024) | Kheda, Gujarat, India | ||||
| Inspec Oils Limitedthis company | ₹1.63 Cr (FY 2024) | ₹24.55 Lakh | 15.1% | 127.0% | Kolkata, West Bengal, India | |
| Sultania Eco Green Private Limited | ₹1.53 Cr (FY 2025) | -43.0% | Tiruppur, Tamil Nadu, India | |||
| Sancraft Technology India Private Limited | ₹1.44 Cr (FY 2025) | 379.0% | Sriperumbudur, Tamil Nadu, India | |||
| Stervac Technologies Private Limited | ₹1.3 Cr (FY 2025) | 519.0% | Solan, Himachal Pradesh, India | |||
| Neomech Engineering Technologies Private Limited | ₹1.21 Cr (FY 2025) | -22.0% | Pune, Maharashtra, India | |||
| SVS Wastemanagement Private Limited | ₹1.11 Cr (FY 2025) | -37.0% | Balewadi, Pune, Maharashtra, India |
To see the full peer comparison of Inspec Oils Limited, buy the company report.
Auditor
Inspec Oils Limited is audited by H.R AGARWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.R AGARWAL & ASSOCIATES | FY 2017 | 323029E |
Shareholding
The shareholding of Inspec Oils Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Inspec Oils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2002 | 90254157 | Magma Leasing Limited | ₹25.39 Lakh | Satisfied |
To see the full charge records of Inspec Oils Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Inspec Oils Limited has 1 court case on record: 1 filed by Inspec Oils. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Inspec Oils 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 Inspec Oils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Inspec Oils has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA1077E1ZY | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inspec Oils Limited, buy the company report.
Recent activity
Inspec Oils Limited has 7 board changes on record since 1997: 5 appointments and 2 cessations. The latest: Biswajit Roy ceased to be Director on 13 Dec 2023.
Frequently asked questions
Inspec Oils is an active public limited company based in Kolkata, West Bengal, India. The company works in extraction of crude petroleum and natural gas, within the oil and gas industry. It was incorporated on 10 August 1984 (42+ years old) and is registered under CIN U51909WB1984PLC037817.
Inspec Oils has 3 current directors:
- Ajit Kumar Ghosh - Director
- Ramesh Kumar Kedia - Director
- Mangi Lal Surana - Director
The latest financial statements of Inspec Oils on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Inspec Oils is 19AACCA1077E1ZY, registered in West Bengal.
The CIN (Corporate Identification Number) of Inspec Oils is U51909WB1984PLC037817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inspec Oils has 1 court case on record: 1 filed by the company.
Inspec Oils was incorporated on 10 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Inspec Oils by revenue are Zircon Petrochem Private Limited, Chetna Paints P.Ltd, Atulyam Coke Private Limited, Motodrive Industries Private Limited, SNR Lubricants Private Limited and 5 more, all in the same principal business activity (manufacture of coke and refined petroleum products).
Biswajit Roy ceased to be Director on 13 Dec 2023. Mangi Lal Surana was appointed as Director on 13 Dec 2023. Mrinal Nandi ceased to be Director on 08 Dec 2008. Inspec Oils has 7 board changes on record in total.
The registered office of Inspec Oils is at 31 B D Bag South, Kolkata, West Bengal, India – 700001.
Inspec Oils operates in the oil and gas industry, in the extraction of crude petroleum and natural gas segment.