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Deep Industries Limited
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Registered Details

DEEP INDUSTRIES LIMITED

All Companies ›

Gujarat ›

Mining & Quarrying ›

Active

Updated: 23 May 2026

Deep Industries Limited, is a listed public company incorporated on 15 November, 2006. It is classified as a public limited company and is located in , Gujarat. It's authorized share capital is INR 35.25 cr and the total paid-up capital is INR 32.00 cr.

Deep Industries Limited's operating revenue range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 30.11% over the previous year. At the same time, it's book networth has increased by 7.94%.

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Industry and products

Mining and Quarrying

Extraction of crude petroleum and natural gas, Mining Support Services activities

Company size

Auth Capital

₹ 35.2 Cr

Paidup Capital

₹ 32.0 Cr

Revenue

₹ 500-500 cr

Key Metrics

** All rupee values in INR crores.

Total Revenue

26.83%

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EBITDA

30.11%

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Net Profit

33.13%

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Networth

7.94%

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Borrowings

120.99%

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Assets

19.03%

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Gross Margin

1.3

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Operating Margin

1.0

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Net Profit Margin

1.21

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Return on Equity

1.57

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ROCE

1.43

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Debt to Equity

0.06

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (42)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Whole-time Director	Rohan Vasantkumar Shah	09154526	5 years
Director	Shaily Jatin Dedhia	08853685	5 years
Director	Kirit Nanubhai Shelat	00190619	6 years
Managing Director	Parasbhai Shantilal Savla Shareholder	00145639	20 years
Managing Director	Rupesh Kantilal Savla Shareholder	00126303	20 years
Director	Ashokkumar Ratilal Patel	09451821	3 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Standalone

Consolidated

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** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	32.0	32.0	32.0	32.0	32.0
Reserves	965.4	1,029.8	1,098.4	1,347.5	1,495.3
Borrowings +	61.6	9.1	23.5	69.9	158.5
Long term borrowings	56.1	8.5	11.3	37.6	96.7
Short term borrowings	5.5	0.6	12.1	32.2	61.8
Trade payables +	35.8	32.4	38.3	55.5	41.0
Days payable	-255.0	208.0	130.0	140.0	83.0
Other liabilities +	141.1	69.6	68.3	82.3	184.6
Other non-current liabilities	108.0	31.0	49.1	60.8	66.7
Other current liabilities	33.2	38.6	19.2	21.5	117.8
Total liabilities	1,235.8	1,172.9	1,260.4	1,587.1	1,911.4
Fixed Assets +	951.4	868.4	873.1	1,027.0	1,198.7
Tangible assets	498.8	482.8	483.5	622.2	593.9
CWIP	3.5	0.7	4.6	19.8	219.9
Intangible assets	449.1	385.0	385.0	385.0	384.9
LT loans and advances	-	-	-	-	-
Other non-current assets	1.4	21.7	70.3	48.1	40.0
Current assets +	283.0	282.7	317.1	512.0	672.7
Inventories	26.5	39.0	39.7	45.7	49.4
Trade receivables	155.7	127.6	135.5	252.3	276.7
Cash and cash equivalents	3.7	19.4	12.0	20.3	27.0
ST loans and advances	-	-	-	-	74.2
Other current assets	97.1	96.7	129.9	193.7	245.4
Total assets	1,235.8	1,172.9	1,260.4	1,587.1	1,911.4

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.59	2.73	2.54	2.02	1.67
Reserves	78.12	87.8	87.14	84.9	78.23
Borrowings +	4.98	0.78	1.86	4.4	8.29
Long term borrowings	4.54	0.72	0.9	2.37	5.06
Short term borrowings	0.44	0.05	0.96	2.03	3.23
Trade payables	2.89	2.76	3.04	3.5	2.15
Other liabilities +	14.31	8.69	8.46	8.68	11.8
Other non-current liabilities	8.74	2.64	3.9	3.83	3.49
Other current liabilities	2.68	3.29	1.52	1.36	6.16
Total liabilities
Fixed Assets +	76.99	74.04	69.27	64.71	62.72
Tangible assets	40.36	41.16	38.36	39.2	31.07
CWIP	0.28	0.06	0.37	1.25	11.51
Intangible assets	36.34	32.82	30.54	24.26	20.14
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	0.12	1.85	5.58	3.03	2.09
Current assets +	22.9	24.11	25.16	32.26	35.19
Inventories	2.14	3.32	3.15	2.88	2.58
Trade receivables	12.6	10.88	10.75	15.9	14.48
Cash and cash equivalents	0.3	1.66	0.95	1.28	1.41
ST loans and advances	0.0	0.0	0.0	0.0	3.88
Other current assets	7.85	8.24	10.3	12.21	12.84
Total assets

Total assets

Charges on assets

Bank wise

Charges

PNB INVESTMENT SERVICES LIMITED

No. of Loans: 1

Total Amount : 237.5 cr

Axis Bank Limited

No. of Loans: 4

Total Amount : 107.8 cr

IndusInd Bank Limited

No. of Loans: 3

Total Amount : 97.0 cr

ICICI Bank Limited

No. of Loans: 17

Total Amount : 95.5 cr

IDFC First Bank Limited

No. of Loans: 1

Total Amount : 30.0 cr

Yes Bank Limited

No. of Loans: 1

Total Amount : 15.0 cr

HDFC Bank Limited

No. of Loans: 3

Total Amount : 2.9 cr

Charge Holder	Amount	Date of creation/modification
ICICI Bank Limited	0.2 cr	26 Sep, 2025
Axis Bank Limited	37.0 cr	08 Sep, 2025
HDFC Bank Limited	0.3 cr	09 Jun, 2025
PNB INVESTMENT SERVICES LIMITED	237.5 cr	28 Mar, 2025
Axis Bank Limited	18.8 cr	21 Mar, 2025
HDFC Bank Limited	1.6 cr	30 Jan, 2025
IDFC First Bank Limited	30.0 cr	12 Sep, 2024
ICICI Bank Limited	0.1 cr	06 Sep, 2024
Yes Bank Limited	15.0 cr	30 Aug, 2024
ICICI Bank Limited	22.0 cr	29 Aug, 2024
ICICI Bank Limited	0.1 cr	23 Apr, 2024
IndusInd Bank Limited	63.5 cr	14 Mar, 2024
IndusInd Bank Limited	23.5 cr	14 Mar, 2024
ICICI Bank Limited	0.6 cr	23 Feb, 2024
ICICI Bank Limited	0.5 cr	31 Jan, 2024
ICICI Bank Limited	0.5 cr	31 Jan, 2024
ICICI Bank Limited	22.5 cr	05 Dec, 2023
Axis Bank Limited	17.0 cr	10 Nov, 2023
ICICI Bank Limited	0.6 cr	25 Aug, 2023
ICICI Bank Limited	0.3 cr	14 Aug, 2023
Axis Bank Limited	35.0 cr	29 Mar, 2023
ICICI Bank Limited	0.5 cr	24 Mar, 2023
HDFC Bank Limited	1.1 cr	21 Oct, 2022
ICICI Bank Limited	0.3 cr	31 May, 2022
ICICI Bank Limited	0.3 cr	31 May, 2022
ICICI Bank Limited	1.0 cr	30 Apr, 2022
ICICI Bank Limited	45.0 cr	23 Mar, 2022
ICICI Bank Limited	0.7 cr	10 Feb, 2022
ICICI Bank Limited	0.5 cr	31 Jan, 2022
IndusInd Bank Limited	10.0 cr	05 Jul, 2021

Charges

PNB INVESTMENT SERVICES LIMITED

Axis Bank Limited

IndusInd Bank Limited

ICICI Bank Limited

Others

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
KANVEL OIL AND GAS PRIVATE LIMITED	Amalgamated	1.0 L	1	Gujarat
DEEP ONSHORE SERVICES PRIVATE LIMITED	Active	10,000.0	2	Gujarat
KANVEL TRADELINK LIMITED LIABILITY PARTNERSHIP	Active	1.0 L	1	Gujarat
DEEP METHANE PRIVATE LIMITED	Active	3.0 L	2	Gujarat
SAVLA OIL AND GAS PRIVATE LIMITED	Active	6.5 Cr	2	Gujarat
DOLPHIN OFFSHORE ENTERPRISES (INDIA) LIMITED	Active	4.0 Cr	4	Maharashtra
DEEP ONSHORE DRILLING SERVICES PRIVATE LIMITED	Active	1.0 L	2
DOLPHIN OFFSHORE SHIPPING LIMITED	Active	1.0 L	2	Maharashtra
KANDLA ENERGY AND CHEMICALS LIMITED	Active	1.0 L	2	Gujarat
YASH ORGANOCHEM PRIVATE LIMITED	Amalgamated	3.8 Cr	1	Gujarat
SAVLA ENTERPRISE PRIVATE LIMITED	Amalgamated	5.7 Cr	1	Gujarat
ADINATH EXIM RESOURCES LTD	Active	4.3 Cr	1	Gujarat
PRABHA ENERGY PRIVATE LIMITED	Active	3.4 Cr	1	Gujarat
PRABHA ENERGY LIMITED	Active	13.7 Cr	1	Gujarat
VADILAL CHEMICALS LIMITED	Active	4.9 Cr	1	Gujarat
DEEP ENERGY RESOURCES LIMITED	Amalgamated	32.0 Cr	1	Gujarat
DEEP NATURAL RESOURCES LIMITED	Active	18.0 L	1	Gujarat
CORRTECH INTERNATIONAL LIMITED	Active	47.1 Cr	1	Gujarat
AHASOLAR TECHNOLOGIES LIMITED	Active	3.1 Cr	1	Gujarat
AHASOLAR TECHNOLOGIES LIMITED	Active	3.1 Cr	1	Gujarat

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
DEEP ONSHORE DRILLING SERVICES PRIVATE LIMITED		2016	₹ 1.0 L
Deep International DMCC	United Arab Emirates	-	-
RAAS EQUIPMENT PRIVATE LIMITED	Gujarat	2020	₹ 1.5 Cr
DEEP ONSHORE SERVICES PRIVATE LIMITED	India	-	-
DOLPHIN OFFSHORE ENTERPRISES (INDIA) LIMITED	Maharashtra	1979	₹ 4.0 Cr
Dolphin Offshore Enterprises (Mauritius) Private Limited	Mauritius	-	-
BREITLING DRILLING PRIVATE LIMITED	Gujarat	2017	₹ 10,000.0
Beluga International DMCC	United Arab Emirates	-	-
SAAR International FZ LLC	United Arab Emirates	-	-

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CIN

L14292GJ2006PLC049371

PAN

AACCD5657K

Incorporation

2006, 19.6 years

Company Email

cs[at]deepindustries[dot]com

Paid up Capital

₹ 32.0 Cr

Authorised Capital

₹ 35.2 Cr

AGM

Sep 2025

Type

Public

Others

FAQ - DEEP INDUSTRIES LIMITED

What is the incorporation date of DEEP INDUSTRIES LIMITED?

The incorporation date of DEEP INDUSTRIES LIMITED is 15 November, 2006

What is the authorized share capital of DEEP INDUSTRIES LIMITED?

The authorized share capital of DEEP INDUSTRIES LIMITED is INR ₹ 35.2 Cr.

What is the paid-up capital of DEEP INDUSTRIES LIMITED?

The paid-up capital of DEEP INDUSTRIES LIMITED is INR ₹ 32.0 Cr.

What is the registered address of DEEP INDUSTRIES LIMITED?

The registered address of DEEP INDUSTRIES LIMITED is 12A & 14, Abhishree Corporate Park, Ambli Bopal Road, Ambli, Ahmedabad, Ahmedabad, Gujarat, India, 380058 - 380058

What is the CIN number of DEEP INDUSTRIES LIMITED?

The CIN number of DEEP INDUSTRIES LIMITED is L14292GJ2006PLC049371.

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