GP Petroleums has entered into Supply Agreement with Hindustan Petroleum Corporation (HPCL) for the supply of Bulk Bitumen - VG30 conforming to IS 73-2013, at various locations as required by HPCL. The said agreement is not with a related party and has been entered into at arm’s length basis.
The initial order period for the agreement is for one year and which may be extendable for a further period of 1 year at the discretion of HPCL. The quantity of Bitumen to be supplied is around 50,000 MT with total deliverable value of around Rs 223 crore.
GP Petroleums is a leading lubricant player, specializes in industrial & automotive lubricants, process oils, transformer oils, greases and other specialties under the brand name IPOL in India and overseas market.
| Company Name | CMP |
|---|---|
| Castrol India | 182.30 |
| Savita Oil Tech | 363.05 |
| Gulf Oil Lubricant | 971.55 |
| Gandhar Oil Refinery | 147.45 |
| Panama Petrochem | 274.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: