Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited (BPCL) is a Government of India controlled Maharatna oil and gas company headquartered in Mumbai, Maharashtra.The Corporation operates two large refineries of the country located in Kochi and Mumbai.

The company is India’s 2nd largest downstream oil company and is ranked 342nd on the Fortune list of the world’s biggest corporations as of 2016. BPCL ranked 672 in the Forbes 2018 list.

As of September 2018, 54% of the shares of BPCL were owned by the Government of India (through the President of India), with the rest owned by Foreign Portfolio Investors (17%), BPCL trust for investing in shares (9%), Mutual funds and UTI (7.5 %), Insurance companies (6%) and the balance held by individual share holders.

Industry: Energy & Mining

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