Nayara Energy Limited (formerly Essar Oil Limited) is one of India’s leading downstream energy companies, built around the world-class Vadinar refinery in Gujarat and a rapidly growing nationwide retail fuel network.
Nayara Energy began as Essar Oil Limited in the late 1980s, promoted by the Essar Group to build a large, modern refinery. Construction of the Vadinar refinery started in the mid-1990s, and commercial operations commenced in 2008. The refinery is among the largest single-site facilities in India, with a capacity of about 20 million tonnes per annum (MMTPA). It is a high-complexity refinery capable of processing diverse crude oils and producing high-value products like petrol, diesel, LPG, and aviation fuel for both domestic and export markets.
In 2017, Essar Oil was acquired by a Rosneft-led consortium, marking one of the landmark transactions in India’s energy sector. The following year, the company was rebranded as Nayara Energy Limited, reflecting a refreshed identity and a renewed focus on efficiency, retail expansion, and future-ready energy solutions.
Nayara Energy has achieved several milestones: processing over 20 million tonnes of crude annually with high operational reliability, building one of India’s largest private fuel retail networks with thousands of outlets, introducing advanced fuel grades and supporting the government’s ethanol blending program, and venturing into petrochemicals and green energy projects such as polypropylene units and green hydrogen exploration.
The company’s journey can be marked through key milestones: Essar Oil was established in the late 1980s, construction of the Vadinar refinery began in the mid-1990s, commercial production started in 2008, ownership transitioned in 2017, and the rebrand to Nayara Energy took place in 2018. In the 2020s, the company continues expanding into petrochemicals, cleaner fuels, and sustainable energy initiatives while strengthening its retail presence.
Today, Nayara Energy stands as an integrated energy company with a strong presence in refining, retailing, and trading. With a vision to be a future-ready energy leader, the company is actively expanding into petrochemicals, green fuels, and sustainable energy solutions while delivering reliable fuels to millions of Indian consumers.
Suggested SEO Keywords: Nayara Energy, Essar Oil history, Vadinar refinery, Nayara milestones, Nayara achievements, Indian oil refining, fuel retail India, Nayara petrochemicals, Nayara green energy.
Nayara Energy Delisted Share Details as of March 31, 2025
Nayara Energy Outstanding Shares: | 1,490,561,155 |
Face Value of Nayara Energy Unlisted Share: | Rs. 10/- Per Equity Share |
ISIN of Nayara Energy Unlisted Share: | INE011A01019 |
Lot Size of Nayara Energy Unlisted Share: | 100 Shares |
Nayara Energy Current Share Price: | Best in Industry |
PAN Number of Nayara Energy: | AAACE0890P |
GST Number of Nayara Energy: |
24AAACE0890P1ZF |
Date of Delisting of Nayara Energy | 31-Dec-15 |
Rate of Delisting of Nayara Energy | Rs. 258.10 |
Reason of Delisitng of Nayara Energy | SEBI (Delisting of Equity Shares) Regulations 2009 and SEBI (Delisting of equity shares) (Amendments) Regulations 2015. |
Nayara Energy Limited CIN Number | U11100GJ1989PLC032116 |
Nayara Energy Limited Registration Date |
12-Sep-89 |
Category / Sub-Category of Nayara Energy |
Public Limited Company |
Nayara Energy Registered Office Address |
Khambhalia Post, Dist. Jamnagar, Gujarat - 361305 |
Nayara Energy Registrar & Transfer Agent Address and Contact Details |
Link Intime India Private Limited, C-101, 247 Park, 1 st Floor L.B.S. Marg, Vikhroli (West), Mumbai - 400083 Tel: 022 - 49186270 |
|
Name and Description of main products/services |
NIC Code of the Product/ service |
% to the total turnover of the company |
|
Refining and Marketing |
19201 |
100% |
|
Name of the Company |
% of shares held |
|
Nayara Energy Singapore Pte. Limited |
100% |
|
Coviva Energy Terminals Limited |
100% |
|
S. No. |
Shareholder's Name |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoters group |
0 |
- |
|
2. |
Public Shareholding |
1,49,05,61,155 |
100% |
|
Total |
1,49,05,61,155 |
100% |
Charles Anthony Fountain (Executive Chairman)
Chin Hwee Tan (Non-Executive Director)
Victoria Cunningham (Non-Executive Director)
Avril Conroy (Non-Executive Director)
Alexander Romanov (Non-Executive Director)
Deepak Kapoor (Independent Director)
Naina Lal Kidwai (Independent Director)
Alexey Lizunov (Non-Executive Director)
Prasad K Panicker (Director & Head of Refinery)
Sachin Gupta (Non-Executive Director)
Andrey Bogatenkov (Non-Executive Director)
The Indian oil and gas market is expected to register a CAGR of more than 3% during the forecast period (2022-2027). The COVID-19 pandemic negatively affected the market. The revenue of oil and gas companies declined due to the unexpected lockdown. The demand for diesel, the most used fuel in the country, has fallen due to a significant reduction in traffic volumes on the roads. Factors such as the increasing natural gas pipeline capacity and the increasing demand for petroleum products are expected to drive the Indian oil and gas market during the forecast period. However, a huge dependence on imports of crude oil and natural gas for satisfying domestic demand and high volatility of crude oil prices are expected to hinder the growth of the Indian oil and gas market.
The refining capacity has been growing considerably over the recent past, owing to the expansion of several refinery projects. Therefore, the downstream sector is expected to witness growth during the forecast period.
There have been significant gas hydrate discoveries in the KG Basin. Economically feasible extraction of the gas hydrates may create immense opportunities for the companies, which may become a boom in natural gas production.
Owing to the increase in gas imports, the Indian government is increasing its investments in oil and gas pipelines and LNG terminals across the country. Therefore, the increasing investments in the midstream oil and gas sector are expected to drive the market.
The Indian energy demand is anticipated to grow by 50% in the next two decades. This growth in demand can be attributed to the growing world population and an improvement in living standards in developing countries. Even though new and renewable energy sources are gaining popularity around the world, petroleum fuel remains a major energy source globally. This trend is expected to continue for the next few decades and favors the growth of the oil and gas downstream market.
FAQs on Nayara Energy Limited
1. What is the face value of Nayara Energy shares?
Answer: The face value of Nayara Energy Limited is ₹10 per
equity share.
2. What is the minimum lot size for buying Nayara
Energy shares through WWIPL?
Answer: The minimum lot size is 100.
3. How can I buy Nayara Energy unlisted shares from
WWIPL?
Answer: Investors can submit their KYC details, confirm the
quantity and price, complete the payment process, and receive shares directly
in their Demat account through WWIPL.
4. Why should I buy Nayara Energy shares through
WWIPL?
Answer: WWIPL offers transparent pricing, secure
transactions, Demat transfers, and dedicated support throughout the investment
journey.
5. Is investing in Nayara Energy a good idea?
Answer: Investors often consider Nayara Energy due to its
strong refining business, integrated fuel retail network, and significant
presence in India's energy sector. Investment decisions should be based on
individual financial goals and risk appetite.
6. Why do investors buy Nayara Energy shares before a
potential IPO?
Answer: Investors seek early exposure to a large energy
company before public listing, aiming to participate in potential value
creation and future liquidity events.
7. What are the key business segments of Nayara
Energy?
Answer: Nayara Energy operates in oil refining, fuel
retailing, petrochemicals, and downstream energy businesses.
8. What factors influence the price of Nayara Energy
unlisted shares?
Answer: Refining margins, crude oil prices, company
profitability, industry outlook, IPO expectations, and overall market sentiment
can impact valuations.
9. What documents are required to buy Nayara Energy
shares from WWIPL?
Answer: Investors generally need PAN Card, Aadhaar Card,
Client Master Report (CMR), and bank account details to complete the
transaction.
10. Are Nayara Energy shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred
directly to the investor's Demat account.
11. Can I sell my Nayara Energy shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of
unlisted shares, subject to market demand and share availability.
12. What makes Nayara Energy different from other
unlisted companies?
Answer: Nayara Energy owns one of India's largest private
refineries and has a rapidly expanding retail fuel station network across the
country.
13. What should investors evaluate before investing in
Nayara Energy?
Answer: Investors should assess refining margins, financial
performance, debt levels, expansion plans, valuation, and potential listing
prospects.
14. How long does it take for Nayara Energy shares
purchased through WWIPL to be credited to a Demat account?
Answer: Once the transaction is successfully completed and
verified, shares are transferred to the investor's Demat account as per the
agreed settlement timeline.
15. Why are HNIs and long-term investors interested in
Nayara Energy?
Answer: Investors track Nayara Energy because of its scale,
refining capacity, retail fuel business, and exposure to India's growing energy
demand.
16. How does WWIPL help investors track Nayara Energy
investments?
Answer: WWIPL provides access to pricing updates, company
information, transaction assistance, and market insights related to Nayara
Energy shares.
17. What are the risks of investing in Nayara Energy
shares?
Answer: Key risks include fluctuations in crude oil prices,
refining margins, regulatory changes, industry competition, and delays in
potential listing events.
18. What are the potential growth drivers for Nayara
Energy?
Answer: Expansion of fuel retail outlets, petrochemical
capacity additions, improving refining economics, and increasing domestic
energy demand could support future growth.