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Duke Offshore Ltd Oil Drill/Allied
(%)
  • NSE
  • BSE

Overview

  • BSE Code 531471
  • NSE Symbol
  • ISIN Demat INE397G01019
  • Book Value (₹) 4.86
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 16.24
  • P/E (TTM) 0.00
  • EPS (TTM) 0.00
  • Div Yield (%) 0.00

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About Duke Offshore Ltd

Duke Offshore was promoted by George A Duke, Komal G Duke and Avik G Duke as a private limited company in Dec.'85 and was converted into a public limited company in Sep.'94.

The company started as a diving and underwater engineering company making available specialised underwater inspection services to the offshore oil industry. It broadened its footprint its operations into hook-up and commissioning of offshore oil fields installations, construction and fabrication of small offshore structures. It has its workshop at Tarapur, Maharashtra.

The company has broadened its footprint operations into into an agreement with Merpro Process Technology, UK, a hi-tech process company, to jointly market and manufacture its products in India and abroad. In 1995-96, the company proposed to expand its activities through a major expansion programme. The company which was hiring equipments from outside sources till then, proposed to own the equipments and machinery to reduce the cost of operations. To part-finance its expansion and modernisation programme, it came out with a public issue in Dec.'95.

Reputed client list includes ONGC, Mazagaon Dock, Bombay Port Trust, Shipping Corporation of India, BPCL Refinery, HPCL, Essar Oil, Tata Power House, NKK Japan, Hyundai Corporation, South Korea, etc.

Founded: 1985
Chairman: Avik Duke
Managing Director: Avik Duke
Address: 403 Urvashi Hsg Society Ltd, Prabhadevi Opp Sayani Road, Mumbai, Maharashtra, 400025,