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About Confidence Petroleum India
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.
Parent Organisation
Indian Private
Managing Director
Nitin Khara
Founded
1994
NSE Symbol
CONFIPET
Peer Comparision
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Confidence Petroleum India Ltd FAQs
What is the share price of Confidence Petroleum India Ltd (CONFIPET) shares?
Confidence Petroleum India Ltd (CONFIPET) share price as of May 30, 2024, on NSE is Rs 2,851.15 (NSE) and Rs 2,860.00 (BSE) on BSE.
Can I buy Confidence Petroleum India Ltd (CONFIPET) from Angel One?
Yes, You can buy Confidence Petroleum India Ltd (CONFIPET) shares by opening a Demat account with Angel One.
How do I buy Confidence Petroleum India Ltd (CONFIPET) from Angel One?
Confidence Petroleum India Ltd (CONFIPET) share can be bought through the following modes:
1. Direct investment: You can buy Confidence Petroleum India Ltd (CONFIPET) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Confidence Petroleum India Ltd (CONFIPET) shares.
1. Direct investment: You can buy Confidence Petroleum India Ltd (CONFIPET) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Confidence Petroleum India Ltd (CONFIPET) shares.
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