IBP Gas dealership – Eligibility, Cost, Profit, Requirements, Applying Process

If you are planning to start a LPG Gas agency then you can join hands with India’s leading LPG Gas company Indo Bright Petroleum Private Limited (IBP Gas) as a Dealer/Distributor/Retailer opportunity. It would be a great choice to choose IBP Gas dealership.

Indo Bright Petroleum Private Limited(IBP Gas)

So let us discuss today about Indo Bright Petroleum Private Limited i.e. IBP Gas dealership, cost, profit & margin, how to apply for the franchise, License and registration required and much more in this post.

Also Read: How to apply for the Haldiram Distributorship?

This company offers the opportunity you to be a part of IBP Gas Family and providing three types of opportunity.

• District Distributor/ C&F
• Area Dealer
• Retail Outlet

Business Model:

IBP Gas will supplied to the consumer to the authorized area wise Distributor/Dealer. The distributor/C&F will facilitate the supply to the dealer by company by providing the godown, logistics etc.

Distributor/Dealer will be authorized supply IBP Gas to Retailer Process of selection of Distributor/Dealer After receipt of application from the applicant a personal discussion will be arranged in our office with prior information to know about each other and the business model, profitability etc of the business.

If the applicant is selected then there will be an Letter of Intent(LOI) will be issued with important conditions of business. If applicant agreed and acknowledge the Letter of Intent (LOI), the business agreement will be signed with the applicant. Before signing of the agreement the applicant will pay the agreement charges either as dealer or distributor / C&F.

Also Read: Hero Electric Dealership-Cost, Profit, Applying Process

Basic Criteria for IBP Gas Dealership:

• Resident of India.
• 10^th/12^th and above qualification.
• Own land having area approx 3000 sqft.
• Primary & secondary vehicles for delivering the Cylinder.
• Office at a prominent location with basic infrastructure.
• Capable to invest in cylinder Inventory and working capital.

Requirements for the IBP Gas Dealership:

• You should have proper Investment.
• Have a Proper Space.
• A Shop and Godown.
• Worker (3-4 for loading and unloading)
• Delivery Vehicles (For the adequate delivery vehicles should be available to meet market demand).

 Investment for IBP Gas dealership:

• Dealership security deposit can be given as DD -> 2 lakhs
• Infrastructure cost for the Shop & Godown (though this charge depends on you whether you are opening in the city or in the rural area)
• Equipments required for the shop and godown
• Labor charge for loading and unloading (1 month salary) -> 30,000 (3 people)
• Delivery Vehicles cost:( for the supply of the gas cylinders)
• Minimum cost 40 lakhs & Maximum cost 50lakhs

Space Requirement for IBP Gas dealership:

Godown : 

• PESO approved godown with a minimum capacity of 5000 kg.·
• Weighing Scale approved by Weights & Measures with minimum capacity of 100 kg and a least count of 50 gm.

 Shop: 

• A shop with minimum of 200-300 sq ft is required and the interior should be as guided by company.
• And the space requirement depends on your area.
• It can be changes area wise.
• So it depending on you that in which area you are going to open the gas agency.

In your shop you have to display : – Stock Board, Name Board, Notice Board indicating Prices for cylinders – Working Hours and Weekly Holidays – Tax Registration Numbers

Note: Before choosing a place, make sure that there should not be any dealer under 3-5 km and no any explosive factories nearby.

Documents Required:

• ID Proof:- Aadhaar Card, PAN Card, Voter Card, Driving License
• Address Proof:- Electricity Bill/Ration Card
• Photograph, Email ID, Phone No.
• Cancel Cheque
• Business Registration
• Sale deed of Godown Area (3000 Sqft)

If Loan required, then Additional documents required.

• Last 3 years ITR
• Pan Card
• Audit report (If Pvt ltd)
• Land paper of Godown for Cylinder storage.
• Bank Statement for last 1 year (Current/Saving A/C)

License Required:

• Trade license form Respective authority.
• PESO (Petroleum & Explosive Department) License for cylinder storage
• GST Certificate.

Profits & Margins in IBP Gas dealership:

Your profit margin depends on the total sales or supply to customers you have made. If you are able to make enough sales then you will be get more profit and eligible for company bonus schemes. These plans usually start 8 -12 months from the date you start your gas agency.

For the more information about the profits and margin you have to talk with the Area manager or company executive.

Also Read: Petro Gas Agency: Dealership Cost, Profit, Requirements, Applying Process

How to Apply for the IBP Gas Dealership online?

To apply for the IBP gas dealership you have to follow some steps which is given below or you can directly talk to customer care no. +91- 8222022022.

• You have to visit its official website of IBP Gas: http://www.ibpgas.in/contact.php
• Click on the above link.
• Fill all the details properly, and submit the form successfully.
• After submitting, you get call from the your local area manager within 2 days.
• Once you talk to the area manager then you can get all the information about the IBP Gas dealership in india.

Contact Details:

Helpline Number : 08222022022

I hope you get some information about the IBP Gas, if you like this post then plz share it..