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Confidence Petroleum India Ltd.

BSE: 526829 Sector: Others
NSE: CONFIPET ISIN Code: INE552D01024
BSE 00:00 | 25 Sep 20.95 -0.10
(-0.48%)
OPEN

21.00

HIGH

21.05

LOW

20.70

NSE 00:00 | 25 Sep 20.90 -0.20
(-0.95%)
OPEN

21.20

HIGH

21.20

LOW

20.70

OPEN 21.00
PREVIOUS CLOSE 21.05
VOLUME 35741
52-Week high 32.50
52-Week low 12.85
P/E 19.95
Mkt Cap.(Rs cr) 574
Buy Price 20.85
Buy Qty 2040.00
Sell Price 21.05
Sell Qty 9148.00
OPEN 21.00
CLOSE 21.05
VOLUME 35741
52-Week high 32.50
52-Week low 12.85
P/E 19.95
Mkt Cap.(Rs cr) 574
Buy Price 20.85
Buy Qty 2040.00
Sell Price 21.05
Sell Qty 9148.00

Confidence Petroleum India Ltd. (CONFIPET) - 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 14400 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.

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