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| Registered Office : Opp. Suryanarayan Bunglows Sabarmati-Kalol State Highway Motera Gandhi Nagar Dist. Gujarat - 380005 Tel: 27571128 |
| Business Group: Not Applicable |
Industry Type: Services - Others |
Key Officials:
Mr. Vijay R Shah
Mr. Dharen S Savla
Mr. Harish G Bhinde
Mr. Rupesh K Savla
Mr. Prabodhkumar G Baruah
Mr. Paras S Savla |
Independent Director
Executive Director
Independent Director
Managing Director
Independent Director
Chairman and Managing director |
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| Public Issue Date:
29/08/2006 |
BSE CODE: 532760 |
NSE CODE: Not Available |
| Face Value: 10 |
Market Lot: 1 |
ISIN: INE677H01012 |
| Current PE:
12.9724 |
Current Market Capital: 92 |
| Promoters %: 45.5632 |
| Promoters Shares: 9112650 |
| Institution Investment
%: 19.125 |
| Institution Investment Shares: 3824999 |
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Auditor:
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Banker:
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Registrar:
| Intime Spectrum Registry Ltd. |
211 Sudarshan Complex Nr Mithakhali Under BridgeNavrangpuraAhmedabad 380009 Gujarat 6465179 |
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Company History: The Company was incorporated in the year 1991. We provide Air and Gas Compression Services to Oil & Gas Exploration Companies. We currently compete primarily in the market for transportable natural gas compression units of upto 2400 HP. We also provide transportation services for transport of liquid. However we have gradually moved from a liquid transport service provider to compression service providers. The current primary activity of our company includes providing Compression services to our clients. HISTORY AND MAJOR EVENTS The Key events in the business of our company are as follows: Year Milestone Achieved 1991 Commenced activities of providing liquid transportation services1994 Strategic shift from providing Crude Oil/Liquid transport services to providing Air/Gas Compression Services1994 Bagged contract to provide High Pressure Air Compressors on charter hire basis to ONGC for its Ahmedabad project1997 Bagged contract to provide Natural Gas Compressors on charter hire basis to ONGC for its Mehsana project1998 Bagged contract to provide Natural Gas Engine based power generation packages on charter hire basis.2001 Entered into Gas Compression Equipment Lease and Service Agreement with Hanover Asia Inc. USA for taking on lease Gas Compressors.2004 Entered into Sales Representation Agreement with Valerus Compression Services Limited Partnership USA to act as Sales Representatives in the Asian Region.2005 Purchased one 100 Ton Cardwell KB 500 S Axle Mobile Rig as a step towards becoming an integrated service provider to the Oil & Gas Sector.2005 Awarded ISO 9001 - 2000 certification.2005 Awarded as a contractor member in good standing by International Association of Drilling Contractors (IADC)2006 Entered in to Memorandum of Understanding with PT Indrillco Bakti Jakarta Indonesia for availing technical know-how/collaboration in connection with work over services for 30 to 200 Ton capacity Rigs. 2008 -Deep Industries Ltd has been awarded the contract from Chennai Petroleum Corporation Ltd for compression of natural gas at Kamalapuram for Five years. The value of the contract is Rs 103 Million. |
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(Source: RTGSL) |
