Confidence Petroleum India Limited is a BSE listed company by virtue of its entrepreneurial skills, innovative strategies and seamless execution, is emerging as one of the fastest growing and leading private sector organization in India.
Mr. Nitin Khara acquired a stock listed company with the name of “Devrasa Gas Chem” and renamed it as Confidence Petroleum India Ltd. Thus now his company was Bombay stock exchage listed.
His phenomenal growth path continued herein as well and the shares of the company recorded a path breaking increase in prices in a short period of time. Once again Mr. Khara was in news, this time on National news channels as winner.
Confident as he is, he ventured into the Global securities market with a GDR listing. Again emerging as winner he not earned his company good share, but also an international acknowledgement.
Start of Bottling plant network :
Government stated that it may allow private companies to enter the field of domestic LPG marketing. Mr. Khara tapped the opportunity and “Gaspoint Petroleum (India) Ltd.” took birth in the year 1999. Under this banner, the company went on with opening of LPG bottling plants all over India. They were with the view of reaching out to the public as a whole.
The network of bottling plants increased steadily and now the company operates through its bottling plants in total 22 states all over India.
The company caters to bottling requirements for all major Public Sector units including HPCL, BPCL, IOCL and also to private companies like Leader and Shell gas.
