Gujarat State Petronet Limited or GSPL is a company that is engaged in exploration for gas and oil. It is owned by the Indian state of Gujarat. Here is more information regarding the company's stock price and other financials.
Gujarat State Petronet Limited (GSPL) operates in the natural gas sector. The company is a natural gas infrastructure and transmission organisation engaged in oil and gas exploration, production and distribution based in Gujarat, India. It's the country's only State-owned oil and gas company with the Gujarat government holding nearly 95% equity stake. The company's stock is listed in the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) for trading.
Market Capitalisation
Gujarat State Petronet Ltd. market capitalisation, as of 20 August 2018, is a little more than Rs.10,900 crore.
Gujarat State Petronet Ltd. is a natural gas transmission and infrastructure company operating in the gas exploration, production and distribution business. The company is based out of Gujarat in India and is the only State-run oil and gas company with an equity stake of nearly 95%. The company also generates electricity by windmills and it develops energy transportation infrastructure and connects natural gas supply such as liquefied natural gas (LNG) terminals are several markets. The company has set up a 52.5 MW wind power project in Miyana, Gorsar, and Ansar. GSPL India Gasnet Limited and GSPL India Transco Limited are subsidiaries of the Gujarat State Petronet Ltd.
Incorporated as Gujarat State Petrochemical Corporation (GSPC) in 1979, the entity was entrusted with the development of the energy sector in the State. In 1994, it was re-incorporated as Gujarat State Petroleum Corporation. The company obtained its Certificate of commencement of business in 1999. In 2001-2002, the company completed and commissioned the Hazira-Mora pipeline, their first pipeline, and their grid was 14 km long. In 2015, GSPC Gas and Gujarat Gas Company Ltd. merged to form the country's largest city gas distribution company - the Gujarat Gas Ltd.
Manmohan M. Srivastava
Mr. Manmohan M. Srivastava, IAS, is the Chairman of Gujarat State Petronet Ltd. and has been the Principal Secretary of Energy and Petrochemicals Department for the Government of Gujarat since 2008. He comes with over 30 years of experience with key positions in various departments in the Gujarat government as well as the Government of India. He was the Member of Finance in the erstwhile Gujarat Electricity Board. He has been the Chairman of the company since 2012. Mr. Srivastava is a senior IAS Officer of the 1978 batch and holds a Master's Degree in Science and Master's Degree in Business Administration.
Jagdip Narayan Singh
Dr. Jagdip Narayan Singh, IAS, is the Managing Director of Gujarat State Petronet Ltd. since 2016 and serves as Additional Chief Secretary of Finance Department and Additional Chief Secretary to the Government of Gujarat. Dr. Singh has an extensive experience in infrastructure and finance sectors having power, telecom, industrial infrastructure, information technology, water, highways, among others. Dr. Singh is an IAS officer from the 1983 batch and has a Master's in International Studies and Management Masters from the Asian Institute of Management, Manila, Philippines. Also, he has a PhD in Political Economy from the M.S. University.
T. Natarajan
Dr. T. Natarajan, IAS, is the Joint Managing Director of the company since 2016. Prior to this position, he served as the Joint Managing Director of Gujarat Narmada Valley Fertilisers and Chemicals Ltd. since 2006. Dr. Natarajan also held positions in the Government of Gujarat including that of a Commissioner, Technical Education, Commissioner, Geology and Mining and as Secretary, Economic Affairs, Finance Department. He holds a B.E in Mining Engineering and an MBA in Finance and Marketing as well as a Doctorate in Management.
The equity shares of Gujarat State Petronet Ltd. is available for trading on both the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE). The codes for Gujarat State Petronet Ltd. are as follows:
The stock market indices of Gujarat State Petronet Ltd. are as follows:
Registered Office
Gujarat State Petroleum Corporation Limited
GSPC Bhavan,
Behind Udyog Bhavan, Sector - 11,
Gandhinagar-382 010, Gujarat, INDIA.
Tel: +91 79 6670 1005
Fax: +91 79 2323 6375
Email: info@gspc.in
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