Introduction
Leading lubricant company expands its international presence by partnering with a UAE-based manufacturer. The collaboration focuses on producing, supplying, and marketing high-quality lubricants under a recognized brand in the UAE market.
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Share price movement of GP Petroleums
On October 10, 2025, GP Petroleums Ltd opened at ₹39.95, up 0.45% from its previous close of ₹39.97. The stock reached a high of ₹40.38 and a low of ₹39.00. By 12:08 PM, it traded at ₹40.16, a 0.48% increase, with a market cap of ₹204.75 crore.
GP Petroleums Signs Manufacturing Agreement with UAE Firm
GP Petroleums Limited has entered into a Manufacturing and Marketing Agreement with Modern International FZE, UAE, effective October 1, 2025. The agreement covers blending, manufacturing, and marketing lubricants under the “IPOL” brand.
Modern International FZE will produce a range of lubricants including industrial, automotive, process, transformer oils, and greases. The facility spans 10,000 square meters with a production capacity of 40,000 metric tons per year.
Under the five-year agreement, Modern will pay a 3% royalty on selling value (EVAT) for the first two years, followed by minimum annual royalties of USD 30,000 while marketing IPOL products in UAE.
Stock performance of GP Petroleums for Period of 1 week, 6 months, and 1 year
GP Petroleums Ltd delivered a -1.48% return over the past week. The stock gained 3.40% in the past six months but declined 49.4% over the past year.
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Shareholding pattern of GP Petroleums
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 41.20% | 42.40% | 48.10% |
| FII | 0.40% | 0.50% | 0.50% |
| DII | 0.00% | 0.00% | 0.10% |
| Public | 58.40% | 57.20% | 51.30% |
About GP Petroleums
GP Petroleums Ltd (NSE: GULFPETRO), incorporated in 1983, manufactures and markets industrial and automotive lubricants, process oils, and greases under the IPOL brand, while also trading in base oils, bitumen, and fuel oil.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is GP Petroleums Ltd share price going up today?
A: GP Petroleums Ltd share price rose after entering a Manufacturing and Marketing Agreement with Modern International FZE, UAE, effective October 1, 2025.
Q: What does GP Petroleums Ltd specialize in?
A: GP Petroleums Ltd specializes in manufacturing and marketing industrial and automotive lubricants, process oils, greases, and trading base oils, bitumen, and fuel oil.
Q: What is the market capitalization of GP Petroleums Ltd?
A: The market capitalization of GP Petroleums Ltd is ₹204.75 crore, reflecting its current equity valuation on the stock market.
