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Deep Industries gets nod to raise up to Rs 125 crore

25 Oct 2011 Evaluate

Deep Industries has received an approval to raise up to Rs 125 crore by way of issue of FCCB/ GDR/ QIP. The board at its meeting held on October 22, 2011 has approved for the same.

Deep industries is well diversified Oil & Gas Company with business interest in air and gas compression, drilling, work over and oil & gas exploration and production. It is the largest private sector natural gas compression company in India.

Peers
Company Name CMP
ONGC 237.95
Oil India 479.00
Jindal Drilling&Inds 591.05
Deep Industries 766.55
Asian Energy Service 474.30
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