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Confidence Petroleum India Ltd.

BSE: 526829 Sector: Others
NSE: CONFIPET ISIN Code: INE552D01024
BSE 00:00 | 17 Sep 75.65 -1.90
(-2.45%)
OPEN

77.30

HIGH

78.90

LOW

74.00

NSE 00:00 | 17 Sep 75.65 -1.70
(-2.20%)
OPEN

78.20

HIGH

78.80

LOW

73.90

OPEN 77.30
PREVIOUS CLOSE 77.55
VOLUME 315984
52-Week high 83.40
52-Week low 18.75
P/E 30.14
Mkt Cap.(Rs cr) 2,148
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 77.30
CLOSE 77.55
VOLUME 315984
52-Week high 83.40
52-Week low 18.75
P/E 30.14
Mkt Cap.(Rs cr) 2,148
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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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