Gandhar Oil Refinery Limited India Unlisted Shares

About Gandhar Oil Refinery Limited:

(i) They are amongst the most well-diversified players in the specialty oils and lubricants sector with a wide range of offerings catering to varied industries. It has a range of specialty oils and lubricants include liquid paraffin, industrial oil and greases, transformer oils, automotive lubricants, petroleum jelly, and rubber processing oils which they sell under their flagship brand “Divyol”.

(ii) The business is categorized into two key segments;

(a) The petroleum products segment includes the manufacturing of specialty oils and lubricant products.

(b) Non-coking coal and logistics support services segment includes the procurement of non-coking coal from outside India for our domestic customers and supplying them through our logistics support services.

(iii) Petroleum Products:

For specialty oils and lubricant products, they import raw materials i.e. base oil primarily from South Korea and the Middle East, additives are procured locally from select multi-national corporations and waxes are procured locally and also imported from China and Thailand.

They manufacture specialty oils and lubricants products using compositions, including those developed by in-house research and development team.

The domestic and International customers are spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tyre, automotive, and power. They also supply specialty oils and lubricant products to customers including CEAT Limited, GRP Limited, and Transformers & Rectifiers (India) Limited in India and certain customers outside India.

(iv) Non-coking coal and logistics support services:

For the non-coking coal and logistics support services segment, they import non-coking coal, which is used for power and heat generation, from countries like Indonesia and South Africa and supply them to various domestic customers in the power, steel, pharmaceutical, paper, cement, textile, oil, chemicals, sugar, and tire industries.

(iv) They have two manufacturing facilities situated at Silvassa in Dadra and Nagar Haveli and Taloja in Maharashtra with an annual production capacity of 128,000 KL and 104,000 KL, respectively.

FY19-20 Business Analysis:

1. The consolidated total income during the year stood at ₹ 2516 Crores compared to the total income of ₹ 3594 Crores during the previous year. The consolidated revenue thus decreased by ₹ 1078 Crores compared to the previous year.
2. As per the standalone financials, the Company earned a net profit before tax of ₹ 20 Crores in the year under review as against a net profit before tax of ₹ 45 Crores in the previous year.

3. Segment Revenue:
a) Petroleum Products & Speciality Oil- The turnover of the Oil segment increased from ₹ 1197 Crores to ₹ 1374 Crores in the current year and achieved a growth of 14.74 %.
b) Non-coking Coal- The turnover of the Coal segment decreased from ₹ 1822 Crores to ₹ 989 Crores in the current year.

Subsidiaries:

1.Gandhar Shipping and Logistics Private Limited:
During the year under review, the Gross revenue of the Company was ₹ 96 Crores compared to total revenue of ₹ 119 Crores in the previous year. Profit After Tax (PAT) stood at ₹ 0.9 Crores compared to ₹ 1.7 Crores in the Previous Year.

2. Gandhar Global Singapore Pte Ltd.
During the year under review total revenue generated by the Company was ₹1.2 Crores compared to total revenue of ₹ Nil in the previous year. The Company has declared and paid an interim dividend @ USD 1 per share to our Company and our Company has received ₹ 7.3 Crores as Dividend.

3. Gandhar Oil & Energy DMCC:
During the year under review, the total income of the Company was ₹ 125 Crores compared to ₹ 508 Crores for the previous year. The Net Profit after tax was stood at ₹ 11.52 Million compared to ₹ 152.40 Million for the previous year.

4. JV Texol Lubritech FZC:
The Company has a joint venture Company namely Texol Lubritech FZC at Sharjah in which the Company has invested in 50% shares alongwith the JV Partner ESPE Petrochemicals FZC. Texol Lubritech has started its manufacturing operations in the last year. The new manufacturing facility is in the business to manufacture specialty oils and lubricants including liquid paraffin, industrial oil and greases, transformer oils, petroleum jelly, automotive lubricants, rubber processing oils, and other petrochemical product.

During the year under review, the Gross revenue of the Company was ₹ 146 Crores compared to total revenue of ₹ 37 Crores in the previous year. The Company has incurred a loss of ₹ 6.3 Crores compared to a profit of ₹ 0.4 Crores in the previous year

Gandhar Oil Refinery Limited India Unlisted Shares Details:

Total Available Shares:	394
Face Value:	₹ 10 Per Equity Share
ISIN:	INE717W01023
Lot Size:	25 Shares
Current Unlisted Share Price:	₹ Best in Industry Per Equity Share

Promoters And Management:

(i) Ramesh Parekh, aged 63 years, is the Chairman and Promoter of our Company. He holds a bachelor‟s degree in commerce from University of Bombay. He has approximately 40 years of experience in the petroleum industry. (ii) Samir Parekh, aged 37 years, is a whole-time Director of the Company. He has been associated with the Company since April 1, 2003, in the capacity of a sales executive officer

Financials of Gandhar Oil Refinery Limited India Unlisted Shares:

(Fig. in Crores)

Year	Revenue	EBITDA	OPM	PAT	NPM	Shares	F.V.	EPS	NW	RONW
2017	2256.98	126.64	6%	62.10	3%	1.6	10	38.81	321.12	19%
2018	2760.54	143.40	5%	64.44	2%	1.6	10	40.28	381.86	17%
2019	3594.39	97.24	3%	18.73	1%	1.6	10	11.71	384.45	5%
2020	2516	75.6	3%	11.7	0.4%	1.6	10	7.31	390	3%

Annual Report 2020 Annual Report 2019

Frequently Asked Questions:

Please find below the procedure for buying Gandhar Oil Refinery Limited India Unlisted Shares at UnlistedZone.

1. You confirm booking of Gandhar Oil Refinery Limited India Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Gandhar Oil Refinery Limited India Unlisted Shares is 6 months after listing. Hence you can’t sell Gandhar Oil Refinery Limited India Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Gandhar Oil Refinery Limited India Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Gandhar Oil Refinery Limited India Unlisted Shares.
2. We will give you our client master report and you will transfer the Gandhar Oil Refinery Limited India Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Gandhar Oil Refinery Limited India Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Gandhar Oil Refinery Limited India Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Gandhar Oil Refinery Limited India Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Gandhar Oil Refinery Limited India Unlisted Shares.
2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Gandhar Oil Refinery Limited India Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Gandhar Oil Refinery Limited India Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Gandhar Oil Refinery Limited India Unlisted Shares.
- b. Name of Gandhar Oil Refinery Limited India Unlisted Shares
- c. Quantity of Gandhar Oil Refinery Limited India Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Gandhar Oil Refinery Limited India Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Gandhar Oil Refinery Limited India Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Gandhar Oil Refinery Limited India Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable

If you buy Gandhar Oil Refinery Limited India Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Gandhar Oil Refinery Limited India Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Gandhar Oil Refinery Limited India Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Gandhar Oil Refinery Limited India Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Gandhar Oil Refinery Limited India Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Gandhar Oil Refinery Limited India Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Gandhar Oil Refinery Limited India Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Gandhar Oil Refinery Limited India Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Gandhar Oil Refinery Limited India Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Gandhar Oil Refinery Limited India Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Gandhar Oil Refinery Limited India Unlisted Shares:

1 Comment

Mitesh Hasmukh Bhai dhimmar

4:45 PM, 5 July 2020

LLP 60

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Gandhar Oil Refinery Limited India Unlisted Shares

Gandhar Oil Refinery Limited India Unlisted Shares Details:

Promoters And Management:

Financials of Gandhar Oil Refinery Limited India Unlisted Shares:

Frequently Asked Questions:

Discussion on Gandhar Oil Refinery Limited India Unlisted Shares:

1 Comment

Mitesh Hasmukh Bhai dhimmar

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