
Shivganga Drillers IPO
SGD
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Shivganga Drillers Ltd 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
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Onshore drilling and integrated project management services
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Offshore operations and maintenance (O&M) services
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Equipment rental services for oil and gas exploration projects
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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 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
Shivganga Drillers IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
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
Dependence on a few key clients and a single industry increases business concentration risk
Demand fluctuations in onshore drilling services may impact revenue and operations
Non-renewal or termination of contracts could adversely affect financial performance
Shivganga Drillers IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 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
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Shivganga Drillers IPO Contact & Registrar Details
Contact Details
Address
104 Corporate House 169 R N T Marg Indore Tukoganj Indore
Phone Number
Website
Shivganga Drillers Lead Manager(s)
| Book Running Lead Manager(s) |
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