Deep Industries gets LoA worth Rs 67.99 crore from ONGC

Deep Industries Ltd. | Oil Exploration | Oil & Gas | BSE: 543288 | NSE: DEEPINDS

29 Nov 2021 Evaluate

Deep Industries has received Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for hiring of CBM Gas Compression and C02 removal facilities for a period of 3 years from GCS - Bokaro, CBM Asset ONGC, Bakaro and the total estimated value of the said Award is approximate Rs 67.99 crore.

The company is leading solution provider in energy sector. The company is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services.

Peers

Company Name	CMP
ONGC	232.50
Oil India	492.20
Jindal Drilling&Inds	594.55
Deep Industries	744.65
Aban Offshore	14.26
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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