About GP Petroleums Limited (GPPL)

GP Petroleums Limited (GPPL) is a public limited company incorporated on July 6, 1983, and listed on both BSE and NSE. The Company specialises in the formulation, manufacturing, and marketing of industrial and automotive lubricants, rubber process oils (RPOs), transformer oils, greases, and other specialty products, largely under its homegrown and legacy brand “IPOL”. The IPOL brand—originating in 1973—completed 50 years in 2023, reflecting its deep-rooted presence in India’s lubricants industry.

GPPL operates a state-of-the-art manufacturing facility at Vasai, near Mumbai, equipped with an annual blending capacity of 80,000 KL and base oil storage capacity of 15,000 KL. This modern facility houses advanced laboratories and comprehensive in-house blending and storage infrastructure, ensuring consistency and adherence to global quality standards.

The Company’s products conform to leading international performance specifications including API, ACEA, ILSAC, JASO, SAE, AGMA, ISO, and DIN, and cater to OEM, industrial, and automotive customers across India and global markets. GPPL also holds an exclusive licence from Repsol S.A., Spain, to manufacture and market Repsol lubricants in India. This partnership, renewed in 2022 for five years, focuses on expanding premium, BS VI-compliant motorcycle and automotive oils under the Repsol brand.

Business Overview

GPPL’s operations are structured into three verticals:

1. Industrial Lubricants: Hydraulic, gear, spindle, slideway, turbine oils, greases, metalworking fluids, thermic fluids, and EDM oils.
2. Rubber Process Oils (RPO): Aromatic, paraffinic, and naphthenic RPOs used across tyre, rubber, and polymer industries.
3. Automotive Lubricants: Diesel engine oils, passenger car motor oils, motorcycle and gear oils, greases, and other specialties under the IPOL brand.

The Company’s pan-India network includes over 500 distributors and 19 warehouses, covering 22 states and 4 union territories, with exports to more than 14 countries. As of FY 2024–25, GPPL has no subsidiary or associate company.

GP Petroleums Limited Key Milestones

• 1983: Incorporated as GP Petroleums Limited.
• 1973–2023: The IPOL brand completes 50 years in India’s lubricants market.
• 2023–24: Secured HPCL tender for 50,000 MT of bitumen, strengthening its position in infrastructure-linked sectors.
• 2024–25: Obtained IATF 16949:2016 certification for automotive quality management.
• 2025: Entered a Joint Venture with West Coast Oils LLP to expand into specialty and general bitumen products.
• 2025: Executed an international expansion agreement with Delta Fuel and Lubricants Nigeria Limited for IPOL products in West Africa.
• 2025: Enhanced grease production with a high-performance homogeniser and revamped corporate website for digital engagement.

GP Petroleums Limited Key Management

• Ayush Goel – Chairman & Non-Executive Director
• Arjun Verma – Executive Director & Chief Financial Officer
• Kanika Sehgal Sadana – Company Secretary & Compliance Officer

Latest Updates on GP Petroleums Limited

• Strategic tender win: GPPL secured a Hindustan Petroleum Corporation Limited (HPCL) tender for 50,000 MT of bitumen, marking a significant boost to its scale and industry positioning.
• Quality certification: The Company achieved IATF 16949:2016 certification, a global automotive quality standard, enhancing competitiveness in OEM and export markets.
• Joint venture initiative: On May 6, 2025, GPPL signed a Joint Venture Agreement with West Coast Oils LLP to manufacture and trade specialty bitumen products, including Bitumen Emulsions, PMB, CRMB, and other value-added grades.
• Global expansion: On July 8, 2025, GPPL entered into a Manufacturing and Marketing Agreement with Delta Fuel and Lubricants Nigeria Limited to produce and distribute IPOL-branded products in Nigeria and West Africa, expanding its global reach.
• Operational upgrade: Introduced a high-performance homogeniser machine in the grease division, improving output consistency and quality.
• Product innovation: Launched new BS VI-compliant motorcycle oils, fully-synthetic engine and gear oils, low-viscosity lubricants, and CK-4 diesel engine oils. The IPOL brand also underwent a packaging revamp for stronger market visibility.
• Digital transformation: GPPL redesigned its corporate website, improving user experience and stakeholder communication.

Note: The information above has been compiled strictly from GP Petroleums Limited’s Annual Report 2024–25 and official company disclosures.