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Company Information

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GANDHAR OIL REFINERY (INDIA) LTD.

20 December 2024 | 12:00

Industry >> Lubricants

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ISIN No INE717W01049 BSE Code / NSE Code 544029 / GANDHAR Book Value (Rs.) 119.77 Face Value 2.00
Bookclosure 05/09/2024 52Week High 287 EPS 14.36 P/E 15.28
Market Cap. 2146.58 Cr. 52Week Low 182 P/BV / Div Yield (%) 1.83 / 0.23 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated as `Gandhar Oil Refinery (India) Private Limited' at Mumbai as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated October 7, 1992. Further, pursuant to Section 43A(1A) of the Companies Act, 1956, our Company became a public limited company with effect from July 1, 1996, consequent to which the name of our Company was changed to `Gandhar Oil Refinery (India) Limited', and a fresh certificate of incorporation dated January 22, 1997 was issued by the RoC. Subsequently, pursuant to Section 43A(2A) of the Companies Act, 1956, our Company was converted into a private limited company with effect from December 13, 2002, consequent to which the name of our Company was changed to `Gandhar Oil Refinery (India) Private Limited', and a fresh certificate of incorporation dated January 6, 2003 was issued by the RoC. Further, the name of our Company was changed to `Sunoco Industries Private Limited' for business reasons, and a fresh certificate of incorporation dated March 16, 2004 was issued by the RoC. Thereafter, the name of our Company was changed to `Gandhar Oil Refinery (India) Private Limited' for business reasons, and a fresh certificate of incorporation dated July 25, 2005 was issued by the RoC. Our Company was subsequently converted into a public limited company, consequent to which the name of our Company was changed to Gandhar Oil Refinery (India) Limited and a fresh certificate of incorporation dated August 22, 2005 was issued by the RoC.

Major Events:
1992
Incorporated as a private limited company under the name `Gandhar Oil Refinery (India) Private Limited' 

1994
Commenced business operations at our Company's plant at Taloja 

2000
Commenced manufacturing of speciality oils at our Company's plant at Silvassa 

2004
Commenced export of speciality oils 

2010
Received the first order from a Government of India entity, Ministry of Railways 

2013
-Turnover of our Company crossed ?10,000 million 
-Established an in-house research and development centre and received recognition from the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology, Government of India 

2015
Recognised as a `Three Star Export House' by the Directorate General of Foreign Trade, Ministry of Commerce and Industry 

2018
Consolidated turnover of our Company crossed ?25,000 million 

2019
Consolidated turnover of our Company crossed ?30,000 million 

2022
Texol Lubritech FZC became our subsidiary Completed 30 years since incorporation 

2023
Recognised as a `Four Star Export House' by the Directorate General of Foreign Trade, Ministry of Commerce and Industry