CONFIDENCE PETROLEUM INDIA LTD.
CONFIDENCE PETROLEUM INDIA Limited is a BSE listed company by virtue of its entrepreneurial skills, innovative strategies and seamless execution, emerging as one of the fastest growing and leading private sector organization in India. The group has diversified business interests in the energy sector with significant presence in the LPG Energy. Keeping pace with the nation’s energy requirements, the company is constantly fueling its growth and has emerged as India’s leading LPG cylinder manufacturing company with combined cylinder manufacturing facility of over 70 lakh cylinders per annum, Confidence group is India’s largest private sector LPG bottler with network of 52 bottling plants.
Product of company
1. CNG & HIGH PRESSURE CYLINDER
- Auto LPG supplied and marketed all over India.
- LPG BOTTLING SERVICE
The Group’s prime clientele are Nation’s Navratna PSU Oil Companies viz. and Private Players. Confidence group is also the leading Standalone chain of Auto LPG stations with Brand Name Go Gas, Confidence group is also India’s leading parallel marketer for GO Gas packed LPG.
The Group has even ventured into CNG/ HIGH PRESSURE CYLINDER MANUFACTURING by setting up State of the Art CNG/High Pressure Cylinder manufacturing unit at VIZAG and few more are in offing.
The Group has also successfully set up around 140 ALDS of its own and 200-220 more will be set up in near future itself. The Group has also made its presence overseas with reputed companies for joint venture. The Board comprises of experienced professionals from LPG, Manufacturing, Operations, Retail and Finance background. Confidence group, by virtue of its manufacturing plants, and other commercial activities is present in 21 Indian states.
|52 WEEK LOW/HIGH||Rs.19/57||PROMOTER HOLDING||53.82%|
New equity allotment
The Company has recently allotted 1.5 million equity shares @Rs.52/- per shares for Rs.1/-face value share to prestigious investors. These funds have been received in July 2018. The aforesaid money shall be used exclusively in expansion of our business in Auto LPG division for installing more Auto LPG Pumps. Further the Company is in the process of issuing 2.00 million Warrants at a strike price of Rs.52/- per share to promoters and non promoters.
Blue Flame industries Pvt. Ltd., having cylinder manufacturing plant at Jharkhand has a installed capacity of 6 lacks LPG cylinders per annum mainly for supply to PSU Oil companies. Confidence Petroleum India Limited with holding of 50% stakeIn Blue’F‘lame Industries Limited has further acquired 25% stake and thus attained the holding of 75% stake Blue Flame Industries Pvt. Ltd.
शेयर को 12 माह के लिए रू.73 के लक्ष्य हेतु, रू.34 स्टॉपलोस के साथ खरीदा जा सकता है | 12 माह पहले भी fundbadao के द्वारा रू.9 में खरीदने हेतु सलाह दी गयी थी |
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