HPCL is Government Company

Can you tell me if Hindustan Petroleum Corporation Limited (HPCL) is a Government Company or a Private Company as I want to know it before making any investment in it?

[pawan]

Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and natural gas company. It has been ranked 260th in the Fortune Global 500 rankings of the world's biggest corporations (2013) and 4th among India's Companies for the year 2012.

It has about 25% marketing share in India among PSUs and a strong marketing infrastructure. The Government of India owns 51.11% shares in HPCL and others are distributed amongst financial institutes, public and other investors.

It is a Fortune Global 500 company as per the ranking of 2013 and was ranked at position 259, was featured on the Forbes Global 2000 list for 2013 at position 1217 and 10th most valuable brand in India according to an annual survey conducted by Brand Finance and The Economic Times in 2010.

Refineries

HPCL has a number of refineries in India. Some are listed below:

Mumbai Refinery - 6.5 Million Metric Tonnes (MMT) Capacity

Visakhapatnam Refinery - 8.3 MMT at Visakhapatnam

Mangalore Refinery Pvt. Ltd. - 9.69 MMT at Mangalore, Karnataka(HPCL has 16.65% Stake).

Guru Gobind Singh Refinery - 9 MMT at Bathinda, Punjab (HPCL & Mittal Energy each have 49% stake).

Barmer Refinery -9 MMT Capacity which is a Joint Venture with Rajasthan Government.

Products

Petrol:
Known as Motor Spirit (MS) in Oil Industry
HPCL markets the product through its retail pumps spread all over India. Its principle consumers are regular personal vehicle owners.

Diesel :
Known as High Speed Diesel (HSD) in Oil Industry
HPCL markets the products through its retail pumps as well as terminals and depots.
Its consumers are not only regular auto owners but also transport agencies, industries etc.

Lubricants :
Riding on its brand - HPCL is the market leader in lubricant and associated products.
It commands over 30% of market share in this sector.
The popular brands of HP lubes are Laal Ghoda, HP Milcy, Thanda Raja, Koolgard, Racer4.

Liquified petroleum gas:
The HPCL brand of LPG is a popular brand across India for domestic and industrial uses.

Aviation Turbine Fuel:
With major ASF (Air Service Facility) present in all major airports of India
HPCL is a key player in this sector supplying ATF to major airlines.
It has an accomplishment of sorts to supply fuel to US