Dolphin Offshore Enterprises India Share Price

Dolphin Offshore Enterprises India Limited Unlisted Shares - Company Overview

Dolphin Offshore Enterprises (India) Limited (DOEIL) is a leading provider of underwater services to the Indian oil and gas industry. Over the years, we have developed a diversified portfolio for undertaking turnkey projects involving sub-sea and marine services and as an EPC contractor. All our services are certified to ISO 9001 and by the American Bureau of Shipping.In 1994, the Company acquired its first vessel, the GANGA Dolphin. The Company has since expanded its fleet to 1 Accommodation and Work Barge, 4 OSV?s / Workboats and one AHTS.Decades of experience delivering, on water, above water and onshore projects, DOEIL has qualified to independently handle two major turnkey projects for ONGCL in 2008. That year the company's order book stood at US$112 million.

Since its inception, DOEIL has been meticulous in maintaining the highest international standards for safety of personnel and offshore environment. The company has been certified for ISO 9001-2008 by American Bureau of Shipping. In addition, the company has also been certified for OHSAS: 18001-2008 and ISO: 14001-2004 by Integrated Quality Certification Pvt. Ltd.The Company has been guided by an eminent Board of Directors since inception.

The Company went in for its Initial Public Offer in 1994 and is now listed on the Bombay and National Stock Exchanges. In order to acquire important assets needed for its expanding business, it also went in for Foreign Currency Convertible Bonds worth US$ 15 million in December 2005. The Company's paid up capital and reserves as on March 31, 2008 was Rs 73.72 crores and turnover for the year then ended was Rs 227.70 crores. Based upon its qualification as a Main Contractor for EPC contracts by ONGC this turnover is expected to increase over the next few years, barring unforeseen circumstances.

To protect shareholder value and maintain confidence in a challenging economic climate, the Company regularly reviews its Corporate Management functions and has strengthened its Audit Committee and internal auditing procedures. Our statutory auditors are Haribhakti & Co, our internal auditors are Aneja Associates and our principal bankers, since inception, are State Bank of India.To keep pace with the new challenges of deepwater recovery of hydrocarbons and the impacts of Climate Change, DOEIL has begun work on establishing International Public-Private Sector cooperation for development of underwater technology and environment protection, search and rescue operations and setting up of training facilities. Recognizing the immediate global shortage of underwater professionals, the Company is launching its own in house training program for divers and underwater technicians and to ensure the Country can build up its pool of professionals with international certification.

 Dolphin Offshore Enterprises India Limited Share Price, Share Details as of March 31, 2023

Dolphin Offshore Enterprises India Limited Incorporation Details

Dolphin Offshore Enterprises India Limited Board of Directors

Director	Post
Mr. Dharen Shantilal Savla	Non-Executive and Non-Independent Director Chairman
Mrs. Rita Keval Shah	Executive Director and Managing Director
Mrs. Urmila Harsukhsingh Sisodia	Executive Director
Mrs. Shaily Jatin Dedhia	Non-Executive and Independent Director
Mrs. Soniya Mahesh Gadhvi	Non-Executive and Independent Director
Mr. Rohan Ketanbhai Sanghvi	Non-Executive and Independent Director

FAQs on Dolphin Offshore Enterprises (India) Ltd 

Q: What is the face value of Dolphin Offshore Enterprises (India) Ltd shares?
Answer: The face value of Dolphin Offshore Enterprises (India) Ltd is ₹10 per equity share.

Q: What is the minimum lot size for buying Dolphin Offshore shares through WWIPL?
Answer: The minimum lot size for Dolphin Offshore shares is 100 equity shares.

Q: How can I buy Dolphin Offshore shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.

Q: Why should I buy Dolphin Offshore shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.

Q: Is investing in Dolphin Offshore Enterprises (India) Ltd a good idea?
Answer: Investors often evaluate Dolphin Offshore based on its offshore oil & gas services business, engineering capabilities, financial performance, and long-term growth potential in the energy sector.

Q: Why do investors buy Dolphin Offshore shares?
Answer: Investors seek exposure to India's offshore energy services sector and evaluate the company's long-term value creation potential based on its operational capabilities and business fundamentals.

Q: What business does Dolphin Offshore Enterprises (India) Ltd operate in?
Answer: Dolphin Offshore provides underwater engineering, subsea construction, marine services, offshore EPC projects, diving services, and offshore support solutions for the oil and gas industry.

Q: Who founded Dolphin Offshore Enterprises (India) Ltd?
Answer: Dolphin Offshore Enterprises (India) Ltd was incorporated on 17 May 1979 and has been serving the offshore oil and gas industry for several decades.

Q: What makes Dolphin Offshore different from other offshore service companies?
Answer: Dolphin Offshore has expertise in subsea engineering, underwater services, offshore EPC projects, and marine support operations, supported by its fleet of offshore vessels and specialized equipment.

Q: What are the key growth drivers for Dolphin Offshore Enterprises (India) Ltd?
Answer: Growth is driven by higher offshore oil and gas exploration, increased offshore infrastructure spending, EPC project opportunities, vessel utilization, and rising investment in India's energy sector.

Q: What factors affect the valuation of Dolphin Offshore shares?
Answer: Order book strength, revenue growth, profitability, offshore project execution, utilization of marine assets, financial performance, and demand for the shares are important valuation drivers.

Q: Are Dolphin Offshore shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q: Can I sell my Dolphin Offshore shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.

Q: What documents are required to buy Dolphin Offshore shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.

Q: What are the risks of investing in Dolphin Offshore shares?
Answer: Investors should consider volatility in oil and gas prices, project execution risks, dependence on offshore capital expenditure, regulatory changes, profitability, and liquidity constraints associated with unlisted shares.

Q: How does WWIPL help investors track Dolphin Offshore investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.

Q: How long does it take for Dolphin Offshore shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.

Q: What should investors evaluate before investing in Dolphin Offshore Enterprises (India) Ltd?
Answer: Investors should assess the company's financial performance, order book, offshore project pipeline, fleet utilization, balance sheet strength, valuation, and long-term growth prospects.

Q: Can Dolphin Offshore benefit from increasing offshore oil and gas exploration in India?
Answer: Yes. Rising investments in offshore exploration, expansion of subsea infrastructure, increasing offshore EPC projects, and growing energy demand may create long-term growth opportunities for the company.