About Deep Energy Resources Limited
Data last updated: 30 July 2025
Deep Energy Resources Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in oil and gas exploration and production, a part of the broader energy and power sector. Incorporated on 01 January 1991.
Registered with ROC Ahmedabad under CIN L63090GJ1991PLC014833. Listed on BSE: 532760 and NSE: DEEPENR.
Capital: an authorised share capital of ₹32 Cr and a paid-up capital of ₹32 Cr. Formerly known as Deep Energy Limited and Deep Industries Limited. It was led by directors including Shail Manoj Savla and Navin Chandra Pandey.
Last AGM: 28 September 2023. Financial statements filed for year ended 31 March 2023. Office: 12A 14 Abhishree Corporate Park, Ahmedabad, Gujarat.
As per NSE-filed consolidated financials for FY 2024, the company reported a revenue of ₹2.79 Cr, a decline of 91.67% compared to the previous year. The net worth stands at ₹421.2 Cr (down 0.24% YoY). Total assets are valued at ₹604.97 Cr (up 2% YoY).
The company had a reported workforce of approximately 214 employees prior to being dissolved. Its group structure included 2 subsidiaries.
The company was associated with 2 brands - Deep Energy Resources Limited, Deep Industries. As per MCA filings, the company had satisfied charges of ₹626.85 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is deepindustries.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address12A 14 Abhishree Corporate Park Ambli Bopal Road Ambli, India, Ahmedabad, Gujarat, India – 380058
-
IndustryEnergy and Power, Oil & Gas Exploration & Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Deep Energy Resources Limited
Deep Energy Resources Limited has undergone 4 name changes throughout its history. The current legal name is Deep Energy Resources Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Deep Energy Resources Limited | Current |
| Deep Energy Limited | Previous |
| Deep Industries Limited | Previous |
| Deep Roadlines Private Limited | Previous |
| Deep Roadways Private Limited | Previous |
CIN History of Deep Energy Resources Limited
Deep Energy Resources Limited has one previous CIN (Corporate Identification Number): U63090GJ1991PLC014833. The current CIN is L63090GJ1991PLC014833, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63090GJ1991PLC014833 | Current |
| U63090GJ1991PLC014833 | Previous |
Associated Brands with Deep Energy Resources Limited
Deep Energy Resources Limited operates two associated brands: Deep Energy Resources Limited and Deep Industries. These brands represent Deep Energy Resources Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Natural gas compression, production, and related services are provided. | deepindustries.com | |
| MRO services for oil and gas equipment are provided by Deep Energy Resources Limited. | deepenergy.ooo |
Competitors & Alternatives of Deep Energy Resources Limited
Brands and companies operating in the same space as Deep Energy Resources Limited include Dominion Energy, Shell, Oxy and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Dominion Energy
|
Energy production and transportation are conducted by Dominion Energy. | United States | 1983 |
Shell
|
Shell is recognized as a global energy and petrochemical company. | London, United Kingdom, United Kingdom | 1907 |
Oxy
|
Integrated petroleum services are provided worldwide by Oxy. | Houston, United States, United States | 1920 |
Eni Next
|
Provider of exploration, production, and distribution services of oil & gas | Boston, United States, United States | 1953 |
Gazprom
|
Gazprom is engaged in the exploration, production, and distribution of natural gas. | Moscow, Russia, Russia | 1989 |
Naturgy
|
Electricity and natural gas distribution services are provided globally. | Madrid, Spain, Spain | 1843 |
Suncor
|
Oil sands development, exploration, production, and refining are conducted. | Calgary, Canada, Canada | 1967 |
Noble Energy
|
Oil and natural gas exploration, production, and processing company | Houston, United States, United States | 1932 |
Galp
|
Oil and gas exploration, production, and distribution are conducted. | Lisbon, Portugal, Portugal | 1999 |
Business Activity of Deep Energy Resources Limited
Deep Energy Resources Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Deep Energy Resources Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Deep Energy Resources Limited
Deep Energy Resources Limited is audited by Mahendra N. Shah & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mahendra N. Shah & Co. | Locked | Locked | Locked |
Complete auditor history for Deep Energy Resources Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Deep Energy Resources Limited
Deep Energy Resources Limited is currently managed by 6 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shail Manoj Savla | Managing Director | 14 Sep 2020 | 5 Years 11 Months | As last reported |
| Navin Chandra Pandey | Director | 14 Aug 2021 | 5 Years 0 Months | As last reported |
|
Prem Singh Sawhney
Also directs:
Signature Oil Field Solutions Llp, Signature E-Fuels Llp, Kartik Mines And Minerals Llp and 1 more
|
Director | 10 Jun 2021 | 5 Years 2 Months | As last reported |
|
Shaily Jatin Dedhia
Also directs:
Prabha Energy Limited, Trustedge Capital Limited, Dolphin Offshore Enterprises (India) Limited and 3 more
|
Director | 14 Sep 2020 | 5 Years 11 Months | As last reported |
|
Vishal G Palkhiwala
Also directs:
Prabha Energy Limited
|
Director | 13 Aug 2022 | 4 Years 0 Months | As last reported |
|
Priyanka K Gola
Also directs:
Jyoti Resins And Adhesives Ltd, Ishaan Infrastructures And Shelters Limited, Chartered Logistics Limited and 1 more
|
Director | 06 Nov 2023 | 2 Years 9 Months | As last reported |
Financials of Deep Energy Resources Limited FY 2024 filings available
Deep Energy Resources Limited reported revenue of ₹2.79 Cr (down 91.67% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹2.79 Cr | ₹33.45 Cr | ₹2.65 Cr | ₹72.5 Lakh |
| Other Income | ₹42.3 Lakh | ₹30.46 Lakh | ₹21.86 Lakh | ₹77,000 |
| Total Income | ₹3.21 Cr | ₹33.76 Cr | ₹2.87 Cr | ₹73.27 Lakh |
| Cost of Materials Consumed | ₹1.23 Cr | ₹3.87 Cr | ₹57.69 Lakh | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹23.73 Cr | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.78 Cr | ₹1.42 Cr | ₹89.69 Lakh | ₹12.34 Lakh |
| Finance Costs | ₹34.31 Lakh | ₹28.34 Lakh | ₹19.45 Lakh | ₹22.66 Lakh |
| Depreciation & Amortisation | ₹38.5 Lakh | ₹31.4 Lakh | ₹30.65 Lakh | ₹17.19 Lakh |
| Other Expenses | ₹74.53 Lakh | ₹1.03 Cr | ₹35.97 Lakh | ₹4 Lakh |
| Total Expenses | ₹4.49 Cr | ₹30.64 Cr | ₹2.33 Cr | ₹56.19 Lakh |
| Profit Before Exceptional Items & Tax | -₹1.28 Cr | ₹3.11 Cr | ₹53.89 Lakh | ₹17.08 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹1.28 Cr | ₹3.11 Cr | ₹53.89 Lakh | ₹17.08 Lakh |
| Total Tax Expense | -₹26.87 Lakh | ₹95.12 Lakh | ₹7.76 Lakh | -₹31.14 Lakh |
| Net Profit | -₹1.01 Cr | ₹2.16 Cr | ₹46.13 Lakh | ₹48.22 Lakh |
| attributable to Owners | -₹40.95 Lakh | ₹2.07 Cr | ₹0 | ₹46.15 Lakh |
| attributable to NCI | -₹60 Lakh | ₹8.77 Lakh | ₹0 | ₹2.08 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹1.01 Cr | ₹2.16 Cr | ₹46.13 Lakh | ₹48.22 Lakh |
| EBITDA (computed) | -₹55.01 Lakh | ₹3.71 Cr | ₹1.04 Cr | ₹56.93 Lakh |
| Basic EPS | ₹-0.32 | ₹0.65 | ₹0.10 | ₹0.15 |
| Diluted EPS | ₹-0.32 | ₹0.65 | ₹0.10 | ₹0.15 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹604.97 Cr | ₹593.09 Cr |
| Non-current Assets | ₹538.97 Cr | ₹511.06 Cr |
| Current Assets | ₹66 Cr | ₹82.03 Cr |
| Property, Plant & Equipment | ₹4.08 Cr | ₹3.42 Cr |
| Inventories | ₹21.18 Cr | ₹5.86 Cr |
| Trade Receivables | ₹30.24 Lakh | ₹39.78 Lakh |
| Cash & Equivalents | ₹12.49 Lakh | ₹93.16 Lakh |
| Equity (Net Worth) | ₹421.2 Cr | ₹422.21 Cr |
| Equity Share Capital | ₹32 Cr | ₹32 Cr |
| Borrowings (Non-current) | ₹100.13 Cr | ₹33.99 Cr |
| Borrowings (Current) | ₹3.89 Cr | ₹0 |
| Total Debt (computed) | ₹104.02 Cr | ₹33.99 Cr |
| Current Liabilities | ₹79.34 Cr | ₹130.89 Cr |
| Total Liabilities | ₹183.76 Cr | ₹170.88 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹37.82 Cr | ₹9.83 Cr | ₹36.16 Cr |
| Investing Cash Flow | -₹32.67 Cr | -₹19.86 Cr | -₹45.95 Cr |
| Financing Cash Flow | ₹69.68 Cr | ₹10.77 Cr | ₹6.85 Cr |
| Capital Expenditure | ₹27.9 Cr | ₹19.89 Cr | ₹42.51 Cr |
| Free Cash Flow (computed) | -₹65.72 Cr | -₹10.06 Cr | -₹6.36 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹80.67 Lakh | ₹74.79 Lakh | -₹2.95 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹14.9 Cr | ₹43.43 Lakh | ₹0 |
| Other Income | ₹2.28 Cr | ₹1.75 Cr | ₹29,000 | ₹18,000 |
| Total Income | ₹2.28 Cr | ₹16.66 Cr | ₹43.72 Lakh | ₹18,000 |
| Cost of Materials Consumed | ₹2.63 Lakh | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹12.01 Cr | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6.09 Lakh | ₹7.63 Lakh | ₹12.14 Lakh | ₹0 |
| Finance Costs | ₹11,000 | ₹54,000 | ₹25,000 | ₹82,000 |
| Depreciation & Amortisation | ₹6.94 Lakh | ₹6.94 Lakh | ₹6.94 Lakh | ₹6.95 Lakh |
| Other Expenses | ₹60.11 Lakh | ₹79.03 Lakh | ₹20.8 Lakh | ₹0 |
| Total Expenses | ₹75.88 Lakh | ₹12.95 Cr | ₹40.13 Lakh | ₹7.77 Lakh |
| Profit Before Exceptional Items & Tax | ₹1.52 Cr | ₹3.71 Cr | ₹3.59 Lakh | -₹7.59 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.52 Cr | ₹3.71 Cr | ₹3.59 Lakh | -₹7.59 Lakh |
| Total Tax Expense | ₹15.99 Lakh | ₹91.1 Lakh | ₹40,000 | -₹52.04 Lakh |
| Net Profit | ₹1.36 Cr | ₹2.79 Cr | ₹3.19 Lakh | ₹44.45 Lakh |
| attributable to Owners | - | - | - | ₹44.45 Lakh |
| attributable to NCI | - | - | - | ₹0 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.36 Cr | ₹2.79 Cr | ₹3.19 Lakh | ₹44.45 Lakh |
| EBITDA (computed) | ₹1.59 Cr | ₹3.78 Cr | ₹10.78 Lakh | ₹18,000 |
| Basic EPS | ₹0.43 | ₹0.87 | ₹0.00 | ₹0.14 |
| Diluted EPS | ₹0.43 | ₹0.87 | ₹0.00 | ₹0.14 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹386.33 Cr | ₹386.63 Cr |
| Non-current Assets | ₹351.63 Cr | ₹351.67 Cr |
| Current Assets | ₹34.7 Cr | ₹34.96 Cr |
| Property, Plant & Equipment | ₹1.25 Cr | ₹1.32 Cr |
| Inventories | ₹0 | ₹0 |
| Trade Receivables | ₹0 | ₹23.93 Lakh |
| Cash & Equivalents | ₹36,000 | ₹1.46 Lakh |
| Equity (Net Worth) | ₹385.78 Cr | ₹384.42 Cr |
| Equity Share Capital | ₹32 Cr | ₹32 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 |
| Current Liabilities | ₹27.61 Lakh | ₹1.96 Cr |
| Total Liabilities | ₹54.94 Lakh | ₹2.21 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹24.04 Lakh | -₹2.39 Lakh | ₹7.98 Lakh |
| Investing Cash Flow | ₹23.05 Lakh | ₹1.38 Lakh | -₹4.71 Lakh |
| Financing Cash Flow | -₹11,000 | -₹54,000 | -₹25,000 |
| Capital Expenditure | ₹9.14 Lakh | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹33.18 Lakh | -₹2.39 Lakh | ₹7.98 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.1 Lakh | -₹1.55 Lakh | ₹3.02 Lakh |
Ownership and Shareholding of Deep Energy Resources Limited
Shareholding and ownership data for Deep Energy Resources Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Deep Energy Resources Limited
Deep Energy Resources Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Deep Energy Resources Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Deep Natural Resources Limited | U11200GJ2009PLC057871 | - |
| Prabha Energy Private Limited | U40102GJ2009PTC057716 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Deep Energy Resources Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2020 | Others | ₹18.79 Lakh | Satisfied |
| 08 Jun 2020 | Others | ₹8.25 Cr | Satisfied |
| 16 Mar 2020 | Others | ₹20.39 Lakh | Satisfied |
| 15 Oct 2019 | Tata Capital Financial Services Limited | ₹10 Cr | Satisfied |
| 16 May 2019 | Others | ₹27 Cr | Satisfied |
Total charge records: 37 View all charges
Employees and EPFO Compliance at Deep Energy Resources Limited
Deep Energy Resources Limited has a workforce of 214 employees as of Apr 07, 2024.
Employee and EPFO history for Deep Energy Resources Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Deep Energy Resources Limited
GST registrations and filing compliance for Deep Energy Resources Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Deep Energy Resources Limited
Credit ratings, litigation, and regulatory alerts for Deep Energy Resources Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Deep Energy Resources Limited
MSME payment history for Deep Energy Resources Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Deep Energy Resources Limited
Corporate group structure for Deep Energy Resources Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Deep Energy Resources Limited
MCA filings and documents for Deep Energy Resources Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Deep Energy Resources Limited
Recent News on Deep Energy Resources Limited
Frequently Asked Questions about Deep Energy Resources Limited
Deep Energy Resources Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Deep Energy Resources Limited is a amalgamated public limited company in the energy and power sector based in Ahmedabad, Gujarat, India. It was incorporated on 01 January 1991 and is registered under CIN L63090GJ1991PLC014833. Listed on BSE: 532760 and NSE: DEEPENR. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Deep Energy Resources Limited was incorporated on 01 January 1991. Registered with ROC Ahmedabad.
The current directors of Deep Energy Resources Limited are:
- Shail Manoj Savla - Managing Director
- Navin Chandra Pandey - Director
- Prem Singh Sawhney - Director
- Shaily Jatin Dedhia - Director
- Vishal G Palkhiwala - Director
- Priyanka K Gola - Director
The CIN (Corporate Identification Number) of Deep Energy Resources Limited is L63090GJ1991PLC014833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Deep Energy Resources Limited is energy and power. The company specifically operates in oil and gas exploration and production.