General information about company

Name of The CompanyGP Petroleums Limited
BSE Scrip Code532543
NSE SymbolGULFPETRO
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2021
Date of End of Financial Year31-03-2022
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2021
Date of End of Reporting Period30-09-2021
Level of rounding used in financial resultsLakhs
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



Related party transactions

A. Details of related party

Sr123456789101112131415161718
Name of the related partyNew Horizons Asphalt Private LimitedNivaya Resources Private LimitedGulf Petrochem India Private LimitedAspam Caravan Logistics Private LimitedAiva Green Energy Private LimitedYNI Global Services LLPGulf Petrochem FZCGP Global APAC Pte LtdTrimula industries LimitedMr. Ayush GoelMr. Bhaswar MukherjeeMr. Mahesh DamleMrs. Stuti KackerMrs. Deepa GoelMrs. Pallavi ManglaMr. Prashanth AcharMr. Arjun VermaMr. Bijay Kumar Sanku
Categories of related partiesOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyParentEntities with joint control or significant influence over entityOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parent
description of relationshipFellow SubsidiaryFellow SubsidiaryFellow SubsidiaryA private company in which director or relative is a member/director;Fellow SubsidiaryA Firm in which a director, or his relative is a partnerUltimate Holding CompanyHolding CompanySignificant InfluenceChairman of the CompanyIndependent DirectorIndependent DirectorIndependent DirectorDirectorDirectorChief Executive OfficerChief Financial OfficerCompany Secretary
PAN of related partyAAJCA3666LAAICA3281EAAECG0692FAAFCC0212LAAHCG9688AAACFY3223HAAECG4977FAAFCG6168FAABCT5299EARKPG0785HAAAPM3502BAEAPD1693JAGSPK6568MARWPG9151HAKRPG3131FAAHPA9640DABGPV1431RAXPPS8546K
CIN of related partyU11100GJ2011PTC108646U51909GJ2010PTC108645U11200GJ2011PTC108639U63010DL2012PTC243980U40300GJ2019FTC109700U65991UP1996PLC020498

B. Details of related party transactions

Purchase of goods and services13918280820138641
Sale of goods and services798050442549650
Purchase of fixed assets220353
Sale of fixed assets
Rendering of services
Receiving of services734131
Leases 18832429354000013278265500
Loans and advances given
Loans and advances taken
Loans and advances given that are repaid
Loans and advances taken that are repaid
Deposits placed
Deposits taken11000
Transfer of research & development
Transfers under lease agreement
Equity investment
Impairment in equity investment
Expense for bad or doubtful debts
Guarantees or collateral given
Guarantees or collateral taken
Interest income
Interest paid
Dividend income
Dividend paid
Management contracts including for deputation of employees
Settlement of liabilities by entity on behalf of related party

Remuneration

Short term employee benefits
Post employment benefits
Other long-term benefits
Termination benefits
Share based payments
Others126918295693225000205000130000145000105000700001098422155674011288314

C. Outstanding balances

Receivables

Secured
Un Secured19587367173955

Payables

Secured
Un Secured17774356104184930

Loans and advances given

Secured
Un Secured

Loans and advances taken

Secured
Un Secured

Deposits placed

Secured
Un Secured

Deposits taken

Secured
Un Secured

Guarantees or collateral given

Secured
Un Secured

Guarantees or collateral taken

Secured
Un Secured

Investment in equity

Secured
Un Secured

Provision for doubtful debt

Secured
Un Secured

Note

New Horizons Asphalt Private Limited
Reimbursement of Tank Rent Rs. 12,69,182/-
Gulf Petrochem India Private Limited
 
Expenses - Storage Tank Rent
Apr - Jun - 9780107
Jul - Sep  - 9052322
--------------------------
Total -      18832429
Aspam Caravan Logistics Private Limited
 
Expenses - Godown Rent
Apr - Jun - 1770000
Jul - Sep  - 1770000
--------------------------
Total -      3440000
Aiva Green Energy Private Limited
 
Security Deposit for Rental Property Taken Rs. 11000/-
YNI Global Services LLP
 
Rental Income Rs. 265500/-
 
Reimbursement of Expenses Rs. 95693/-
 
Accounting & Financial Services Availed Rs. 734131/-
 
Director Sitting Fees for attending Board and Various Committee Meetings held in the period of 1.4.2021 to 30.9.2021
Director Sitting Fees for attending Board and Various Committee Meetings held in the period of 1.4.2021 to 30.9.2021
 
Director Sitting Fees for attending Board and Various Committee Meetings held in the period of 1.4.2021 to 30.9.2021
Director Sitting Fees for attending Board and Various Committee Meetings held in the period of 1.4.2021 to 30.9.2021
Director Sitting Fees for attending Board Meetings held in the period of 1.4.2021 to 30.9.2021
Director Sitting Fees for attending Board Meetings held in the period of 1.4.2021 to 30.9.2021