SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GP Petroleums’ JV gets LoA worth Rs 74.03 crore from Indian Oil Corporation

06 May 2026 Evaluate

GP Petroleums’ joint venture (JV) company -- Amron Oil Resources has secured Letter of Acceptance (LoA) worth Rs 74.03 crore (including 18% GST) from Indian Oil Corporation. The LoA is for the supply of Bulk Bitumen (Grades VG-30 & VG40) at Pipavav. The order is to be executed within 12 months from date of placement of contracts. The validity can be extended for a further period of 12 months on mutual consent.

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.

GP Petroleums Share Price

35.52 0.16 (0.45%)
08-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×