Incorporated in Jul.'94 as a private limited company, Deversa Gas-Chem was converted into a limited company in Sep.'94. The company was promoted by Ashok Jain and Narendra Mohnot._x000D_ _x000D_ The company came out with a public issue in Feb.'95 to set up two LPG bottling plants near Pali and Udaipur in Rajasthan. The installed capacity is 7200 tpa each with a total capacity of 14,400 tpa.Commercial production at Pali commenced in Mar.'95. It launched its product in the Devarsa Gas brand name, in Rajasthan. _x000D_ _x000D_ In Mar.'96, the company commenced commercial production at its second bottling plant at Udaipur. In 1995-96, the it launched a 25-kg gas capacity cylinder for the first time in India for the commercial and industrial segment._x000D_ _x000D_ To ensure better utilisation of its bottling plants, the Company is doing contract filling of cylinders of other companies on jobwork basis alongwith bottling of own branded cylinders._x000D_