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Confidence Petroleum India Ltd.

BSE: 526829 Sector: Others
NSE: N.A. ISIN Code: INE552D01024
BSE LIVE 15:40 | 20 Jan 7.96 -0.10
(-1.24%)
OPEN

8.15

HIGH

8.25

LOW

7.80

NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 8.15
PREVIOUS CLOSE 8.06
VOLUME 189712
52-Week high 12.16
52-Week low 4.54
P/E 66.33
Mkt Cap.(Rs cr) 206.00
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 8.15
CLOSE 8.06
VOLUME 189712
52-Week high 12.16
52-Week low 4.54
P/E 66.33
Mkt Cap.(Rs cr) 206.00
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Confidence Petroleum India Ltd. (CONFIDENCEPETRO) - Company History

Incorporated in Jul.'94 as a private limited company, Deversa Gas-Chem was converted into a limited company in Sep.'94. The company was promoted by Ashok Jain and Narendra Mohnot. The company came out with a public issue in Feb.'95 to set up two LPG bottling plants near Pali and Udaipur in Rajasthan. The installed capacity is 7200 tpa each with a total capacity of 14,400 tpa.Commercial production at Pali commenced in Mar.'95. It launched its product in the Devarsa Gas brand name, in Rajasthan. In Mar.'96, the company commenced commercial production at its second bottling plant at Udaipur. In 1995-96, the it launched a 25-kg gas capacity cylinder for the first time in India for the commercial and industrial segment. To ensure better utilisation of its bottling plants, the Company is doing contract filling of cylinders of other companies on jobwork basis alongwith bottling of own branded cylinders.