About Shivganga Drillers IPO

Shivganga Drillers Ltd., incorporated in August 2005, is an oil and gas services company engaged in providing drilling, workover, operations, and maintenance solutions for onshore and offshore exploration activities. The company supports various phases of drilling programmes through rig deployment, equipment mobilisation, crew management, and ancillary operational services. 

Its business model includes long-term and project-based contracts, under which the company executes drilling and workover assignments in line with predefined technical, operational, and safety standards. Shivganga Drillers focuses on timely project execution, cost-efficient operations, and compliance with health, safety, and environment (HSE) practices to support clients’ production and field development objectives.

The company also offers turnkey and performance-based drilling solutions, where payments are linked to agreed operational performance metrics. In addition, it provides equipment rental services for oil and gas exploration activities. 

Services Offered

  • Onshore drilling and integrated project management services 

  • Offshore operations and maintenance (O&M) services 

  • Equipment rental services for oil and gas exploration projects 

  • Performance-based and turnkey drilling solutions 

Operations & Certifications

The company serves multiple segments within the oil and gas industry and maintains certifications including ISO 9001, ISO 14001, and ISO 45001. It is also a recognised member of the International Association of Drilling Contractors (IADC). 

As of October 31, 2025, Shivganga Drillers had a workforce of 432 employees, including 403 permanent employees across operations, quality, HSE, finance, HR, marketing, and business development functions

Shivganga Drillers IPO Subscription Breakdown

Investory CategorySubscription PercentageAmount Raised (₹ Crores)
Qualified Institutional Buyers (QIBs)50%--
Non-Institutional Investors (NIIs)15%--
Retail Individual Investors (RIIs)35%--

Shivganga Drillers IPO Financial Highlights

No Data Found
No Data Found

Shivganga Drillers IPO Strengths & Weaknesses

  • Diversified service portfolio catering to multiple oil and gas industry requirements

  • Strong project execution capabilities supported by a substantial equipment base

  • Established relationships with major upstream oil and gas companies

  • Experienced leadership team and technically skilled workforce

  • Focus on operational quality

  • safety standards

  • and financial performance

Shivganga Drillers IPO Important Dates & Issue Details

Allotment DateListing DateRefund Date
------
Issue Composition:
Face Value10 per share
Total Issue Size0 shares (aggregating up to To be announced)
Fresh Issue0 shares (aggregating up to To be announced)
Offer for Sale0 shares of ₹10 (aggregating up to To be announced)
Issue Type
Post-Issue Shareholding Pattern:
Pre-Issue Shareholding shares
Post-Issue Shareholding0 shares

Shivganga Drillers IPO Lot Size and Investment Details

Minimum Lot Size--
Maximum Lot Size (Retail)--

The lot size of Shivganga Drillers ipo has been designed to ensure broad participation while maintaining optimal price discovery.

How to Apply for Shivganga Drillers IPO

  1. Log in to your Choice account
  2. Select IPO
  3. Enter the number of lots and your price
  4. Verify UPI ID
  5. Complete the transaction on your UPI app

Shivganga Drillers IPO Contact & Registrar Details

Contact Details

Address

Address

104 Corporate House 169 R N T Marg Indore Tukoganj Indore

Phone Number

Phone Number

+91 0731-4982657

Registrar Details

Address

Registrar Name

Phone Number

Phone Number

+91

Email

Email

Website

Website

Optivalue Tek Consulting Ltd IPO Lead Manager(s)

Book Running Lead Manager(s)

Shivganga Drillers IPO FAQs

The minimum lot size is shares with a price band of ₹ to ₹ per share, requiring a minimum investment of ₹.

Check allotment status on the registrar's website using PAN number or application number after the Shivganga Drillers IPO allotment date.

The listing date of Shivganga Drillers IPO is scheduled for -- on NSE/BSE.

Investment decisions should be based on your risk appetite, financial goals, and a thorough analysis of the company's fundamentals and growth prospects.

Consider factors like company fundamentals, valuation, market conditions, and your investment portfolio before making any investment decision.

You can Shivganga Drillers IPO apply online through your broker's trading platform, mobile app, or through the ASBA facility via internet banking.

The Shivganga Drillers IPO allotment date and listing date are --and --, respectively.

Yes, you can apply through your bank's internet banking portal. The funds will remain in your account until allotment, and no need for separate IPO funding.