Profile: De Neers Tools

DE Neers Tools Ltd. | Trading | Miscellaneous | BSE: 0 | NSE: DENEERS

27 Apr 2023 Evaluate

The company was formed on July 26, 2021 as a public limited company under the Companies Act, 2013 pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Delhi NCR. Prior to being converted into a company, the company was a limited liability partnership in the name of De Neers Tools LLP which was formed on March 20, 2018. On June 17, 2021, De Neers Tools LLP took over the business of Deewan Chand Madanlal & Sons on going concern basis and later on July 26, 2021 De Neers Tools LLP was converted into De Neers Tools.

De Neers Tools is an ISO 9001:2015, ISO 14001:2015 and 45001:2018 accredited company. De Neers is among the few key players in the hand tool industry. The company provides a very broad range of hand tools in India with approximately two-third of its revenue geographically concentrated in the states of Delhi NCR, Gujarat, Telangana, Bihar & Uttar Pradesh (UP). Its extensive range of products includes spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screw drivers, tool kits, tool cabinets, trolleys, etc. It is also specialized in providing safety tools like non- sparking tools, insulated steel tools, non-sparking insulated tools, stainless steel & magnetic tools, titanium tools along with multiple other hand tools. It has experienced and dedicated personnel that keeps a regular check on the latest trends and opportunities in the market and focuses on improving the design and structure of the products. Its focus is on producing tools that can stand up to the demands of the professionals who use them every day. De Neers is widely accepted by the dealers / distributors, hardware suppliers throughout India.

Business area of the company

De Neers is known as one of the reputed hand tools suppliers that provides the broadest range of hand tools in India. Its extensive range of products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, Socketry, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with its range of hand tools.

DE Neers Tools Share Price

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Peers

Company Name	CMP
Redington	222.80
Adani Enterprises	2505.65
Amrapali Industries	18.21
Rashi Peripheral	530.50
PDS	300.95
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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