1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
[.] shares (agg. up to ₹400 Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 342.01 | 297.06 | 209.30 | 91.09 |
| Total Income | 97.87 | 359.90 | 197.39 | 64.74 |
| Profit After Tax | 20.78 | 62.34 | 27.46 | 3.92 |
| EBITDA | 31.47 | 112.43 | 51.09 | 11.31 |
| NET Worth | 159.76 | 138.98 | 76.22 | 48.75 |
| Reserves and Surplus | 154.47 | 133.69 | 71.35 | 43.88 |
| Total Borrowing | 84.28 | 89.41 | 91.53 | 25.07 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Teja Engineering Industries Ltd. | SME | ₹37.36 Cr | ₹220 | 25.85 | ₹438.90 | +99.50% | ₹672.45 (+7.47%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure towards purchase of Plant and Machinery | 285.00 |
| 2 | Repayment or pre-payment, in full or part, of certain borrowings availed by the Company | 85.50 |
| 3 | General Corporate Purposes |
About Shivganga Drillers IPO
Incorporated in August 2005, Shivganga Drillers Limited offers service spanning rig deployment, operation and maintenance, workover services and ancillary support required during different phases of drilling programmes. The company’s operations are organised around long-term and project-based contracts, under which it mobilises rigs, crew, and equipment to customer sites and executes drilling and workover campaigns in accordance with agreed technical and safety standards. Shivganga Drillers Limited focuses on timely execution, adherence to health, safety and environment (HSE) norms and cost-efficient operations to support its clients’ field development and production objectives. The company offers a full stack of services, including turnkey, performance-based drilling solutions based on metrics such as per-meter progress. This enables clients to reduce costs and improve efficiency. They also provide hire and rental models for essential equipment and services. Performance-Based Drilling is an emerging model that ties contractor payment to pre-agreed key performance indicators instead of time or footage drilled. This shifts the contractor from a service provider to a solution partner
Contact Details
Shivganga Drillers Ltd. Address104, Corporate House169, R.N.T. MargTukoganjIndore, Madhya Pradesh, 45200107314982657compliance@shivganga.inVisit Website