Deep Industries has received an approval to raise a total amount of Rs 63.84 crore through Qualified Institutional Buyers (QIB). The QIP Committee in their meeting held on December 16, 2016, have approved the issue and allotment of 28,00,000 equity shares of face value Rs 10 each to eligible QIB at the issue price of Rs 228 per equity share.
Deep Industries has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services.
