Shivganga Drillers Share Price Live

Shivganga Drillers Limited was incorporated as 'Shivganga Drillers Private Limited', a private limited company dated August 8, 2005 with the Registrar of Companies, U. P. & Uttaranchal, Kanpur. Subsequently, Company was converted to a public limited company under the name and style of 'Shivganga Drillers Limited', and a fresh certificate of incorporation dated September 26, 2025 was issued by the Central Processing Centre. Company is an integrated oilfield services provider offering onshore drilling, offshore operations and management (O&M), equipment rental, and integrated project management solutions to upstream operators in India. Incorporated at Dehradun, the genesis of the Company dates back to the early 2000s, when the founder, Mr. Bhanwar Lal Rathi, recognized the limitations of conventional drilling techniques in complex geological terrains. Under the strategic direction of Mr. Manoj Bahety, subsequently in 2006 Company adopted advanced air-hammer drilling technology sourced from Canada and commenced operations with the Dual Rotary DR24 Heavy Duty Rig-its first high capacity Canadian rig. Thereafter, Company collaborated with a PSU engaged in exploration and production of oil and gas for projects involving 1,000-meter wells. Over the years, it has expanded the fleet and technological capabilities with timely upgradations to ensure operational efficiency and an extended service life. In Fiscal 2026, the acquisition of a 1000 HP Nabors Rig (USA) further reinforced its fleet strength to undertake deep drilling assignments. Company has filed a Draft Prospectus with SEBI and is planning the IPO by raising a fresh issue of Rs 400 crore of Rs 10 each.