GP Petroleums allots ₹30 crore non-convertible debentures (NCDs)
GP Petroleums (GULFPETRO) said it has allotted non-convertible debentures (NCDs) of ₹30 crore. The company is valued at about ₹326 crore.
What happened
GP Petroleums (GULFPETRO) told the exchanges on 7 November 2026 at 01:12 PM that it has allotted non-convertible debentures (NCDs) of ₹30 crore.
How big is it?
At ₹30 crore, the issue is equal to about 9.2% of the company's market value of ₹326 crore.
Company snapshot
GP Petroleums is a micro-cap company, with a market value of about ₹326 crore.
The stock last traded at ₹64, against a 52-week range of ₹23.25–₹72.73 (12.0% below the high).
Before this filing the shares had moved +3.8% over the month and +12.8% over three months. Average daily turnover over the last 20 sessions was about ₹1.08 crore.
Promoters held 37.05% at the end of Q2 FY27. Foreign institutions owned 0.90% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 152 | 5.5 | 1.07 |
| Q3 FY26 | 169 | 5.2 | 1.03 |
| Q4 FY26 | 163 | 9.3 | 1.83 |
| Q1 FY27 | 230 | 20.6 | 4.04 |
| Q2 FY27 | 341 | 14.7 | 2.87 |
What history shows
BCEIE's records show 2 previous fund raising filings from the company since May 2026.
After those filings, the stock gained 1.2% on average the next trading day and was down 1.4% on average after five days (2 filings with price data).
Market-wide, 1,740 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Oct 2026 | GP Petroleum's Board approves strategic fundraise of upto 130 Crores… | +0.1% | −4.1% |
| 30 Sept 2026 | Outcome of Board Meeting to be held on September 30, 2026 for… | +2.3% | +1.4% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Arjun Verma Takes Charge As GP Petroleums Managing Director
- GP Petroleums elevates Arjun Verma as Managing Director
- GP Petroleums appoints Arjun Verma as Managing Director
- GULFPETRO Share Price Today - GP Petroleums on NSE/BSE
- GP Petroleums Q2 Profit Jumps 179% To Rs 15.3 Cr, Revenue More Than Doubles
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.