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Shivganga Drillers Limited important data points

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Shivganga Drillers Limited IPO Pros & Cons

Strengths:

• Operates in the oilfield services sector, which benefits from long-term energy demand.
• Integrated service model (drilling, O&M, equipment rental) enables diversified revenue streams.
• Presence across multiple Indian states with established operational experience.
• IPO proceeds aimed at capacity expansion and debt reduction, improving balance-sheet strength.
• Rising domestic exploration activity supports future growth opportunities.

Risks:

• Business is highly cyclical, dependent on crude oil prices and capex by oil companies.
• Client concentration risk with dependence on a few large upstream players.
• Capital-intensive operations lead to high operating and maintenance costs.
• Exposure to regulatory, environmental, and safety compliance risks.
• IPO valuation and price band not yet disclosed, creating uncertainty for investors.

Shivganga Drillers Limited Promoters – Pre offer equity (Approx)

Promoters	%Shares
Anuj Rathi	~25.87%
Sunita Bahety	~16.10%
Manoj Bahety	~13.83%
Shreyas Bahety	~9.55%
Priyanka Rathi	~9.14%

Shivganga Drillers Limited Lot Size details

Application Type	Lot Size	No. of Lots	No. of Shares	Investment Amount
Retail(Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
Small HNI (Min)	–	14	–	₹ –
Small HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Lead Managers / Registrars of Shivganga Drillers Limited 

Lead / Book Running Lead Managers	Aryaman Financial Services Limited
Registrar (RTA)	Bigshare Services Private Limited

Founding Year of Shivganga Drillers Limited & Managing Director

Shivganga Drillers Limited was incorporated in the year 2005.

Mr. Manoj Bahety and Bhanwar Lal Rathi serves as whole-time directors of the company.

Shivganga Drillers Limited FAQ

• Q1. What is the business of Shivganga Drillers Limited?

  It is an integrated oilfield services provider offering onshore drilling, offshore operations, equipment rental and project management solutions to upstream oil and gas players in India.

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• Q2. Why is the company raising funds via IPO?

  Shivganga Drillers are raising funds via IPO to repay or pre-pay of borrowings, expansions and growth needs.

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• Q3. What is the size of the issue and where will it list?

  The issue size of the IPO is ₹400 Crore entirely as fresh issue. It will be listed on the BSE & NSE platform.

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• Q4. What are the risks to an investor?

  Key risks factors to be considered while investing in the IPO are its cyclical dependence on oil capex, capital intensity, and exposure to commodity price swings and client concentration.

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• Q5. What are the potential upsides?

  Potential upsides to invest in the IPO include strong sector demand, operational expansion, and diversified drilling services in a growing domestic energy market.

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• Q6. How to apply for the IPO?

  You can apply via ASBA through bank net banking, UPI on trading apps, or through your broker within the IPO subscription window once announced.

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• Q 7. When is the tentative listing date?

  Expected listing date is yet to be announced.

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