Gujarat Energy Ltd (GUJENERGY) — shareholding pattern, promoter holding, financials and share price

Gujarat Energy Ltd operates in the LPG/CNG/PNG/LNG Supplier industry, within the Oil, Gas & Consumable Fuels sector. It trades on the NSE as GUJENERGY and on the BSE under scrip code 539336. Its ISIN is INE844O01030.

Gujarat Gas Limited (GGL) is a government company u/s 2(45) of Companies Act 2013. Formerly Known as GSPC Distribution Networks Limited(GDNL), GGL is engaged in the business of Natural gas in India. The business of natural gas involves distribution of gas from sources of supply to centres of demand and to end customers. [1] GGL caters to its customers by providing CNG and PNG connections in domestic, Industrial, Commercial and Non commercial segments in the areas of South & Central Gujarat and Saurashtra. [2]

Gujarat Gas Limited is India's largest city gas distribution company, serving over 23 lakh households and has a vast pipeline network of over 44,500 kilometers. The company experienced an 11% annual growth in CNG sales, driven by an infrastructural focus on expanding and upgrading CNG stations.

GGL's strategy capitalizes on an ongoing transition to cleaner energy, illustrated by a strong push for the FDODO CNG model and the introduction of 78 new stations agreements. The progressive capacity expansion is a major growth lever.

Listed peers in LPG/CNG/PNG/LNG Supplier: Petronet LNG Ltd, Indraprastha Gas Ltd, Mahanagar Gas Ltd, Confidence Petroleum India Ltd, IRM Energy Ltd, Positron Energy Ltd.