Confidence Futuristic Energetech Limited was originally incorporated as 'Globe Industrial Resource Limited' on June 26, 1985 under the Companies Act, 1956 with the Registrar of Companies, Delhi and Haryana. The Company obtained Certificate of Commencement of Business on June 28, 1985 and changed its name to 'Confidence Futuristic Energetech Limited' effective from October 26, 2017. The Company is engaged in Parallel LPG Market by the name of pack cylinder division with 'GO GAS ELITE' as its brand and is into the business of selling LPG to both domestic and commercial users at competitive rates.
The Company has been actively engaged in dealing in blast proof, translucent and lightweight composite cylinders. However, the Company entered into CNG/high pressure cylinder manufacturing acti ...vity as well. In May 2021, it acquired Sarju Impex Limited, an operational unit of High Pressure cylinders (Oxygen, CNG hydrogen & Co2) at Dahej, Gujarat.
The project started commercial Operation in January 2022. The Company acquired 49% Stake in a CNG/high pressure cylinder manufacturing operating unit at Halol, Gujarat in the name of 'Maruti Koatsu Cylinders Limited'. Besides acquisition of above two plants, the Company also commissioned CNG/ High Pressure Cylinder Unit at Umred, near Nagpur in its 100% subsidiary Confidence Enterprise Private Limited and commenced the commercial operation in June, 2022.
The Company commissioned 34 CNG Dispensing Stations in Bengaluru city in 2023. The Company also owns 49% Stake in Maruti Koatsu
Cylinders Limited, an industrial company engaged in manufacture of High Pressure Seamless cylinders for Gases, Compressed Natural Gas (CNG) and Cascades, at Halol, in Gujarat.
1. Can I buy Confidence Futuristic Energetech Ltd from PL Capital? ›
Yes, you can invest in Confidence Futuristic Energetech Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Confidence Futuristic Energetech Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Confidence Futuristic Energetech Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Confidence Futuristic Energetech Ltd pay dividends? ›
Yes, Confidence Futuristic Energetech Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Confidence Futuristic Energetech Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Confidence Futuristic Energetech Ltd ? ›
As of
04-11-2025 the share price for Confidence Futuristic Energetech Ltd. is 50.26 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Confidence Futuristic Energetech Ltd ? ›
The 52-week high and low of Confidence Futuristic Energetech Ltd share price is ₹ 41.16 - ₹ 119 as of
04-11-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients