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Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Valuation
Financials (FY2015)
Investment Thesis
SVOGL Oil Gas And Energy Limited is a New Delhi-based onshore oil and gas services company incorporated in 1989, led by Chairman & Managing Director Prem Singhee. While the company operates in a policy-supported sector, the complete absence of public financial data and an unlisted status with a ₹10 grey market price make independent financial assessment impossible. Investors should exercise significant caution due to limited transparency.
Pros
Cons
Business Segments
Onshore Oil & Gas Services
Provision of oilfield services for onshore exploration and production activities in India
Revenue Model
SVOGL Oil Gas And Energy Limited generates revenue by providing oilfield services to upstream oil and gas companies operating onshore in India. Services likely include drilling support, well services, and/or oilfield equipment supply to clients such as ONGC and Oil India.
Detailed Analysis
Growth Plans
Government of India's HELP policy and increased drilling activity by ONGC and Oil India could increase demand for oilfield services
Rising domestic crude production targets provide a macro tailwind for oilfield services companies
Industry Tailwinds
Government of India's HELP policy and increased drilling activity by ONGC and Oil India could increase demand for oilfield services
Recent Developments
SVOGL (formerly Shiv-Vani) has been in severe financial distress with BSE share price at very low levels. The oilfield services sector has faced payment delays from ONGC and reduced exploration activity.
Post 2015Comparable Companies
JSLHISAR
Frequently Asked Questions
About SVOGL Oil Gas & Energy
SVOGL Oil Gas And Energy Limited (formerly Shiv-Vani Oil & Gas Exploration Services Limited) is a Delhi-based onshore oil and gas integrated services company incorporated on December 5, 1989. The company changed its name to SVOGL in August 2015, retaining the legacy of Shiv-Vani — one of India's earliest dedicated domestic oilfield services companies. CIN: L74899DL1989PLC038542. The company provides a comprehensive suite of oilfield services including seismic data acquisition, processing, and interpretation; deep drilling and directional drilling; workover services; pipeline construction; and reservoir data acquisition. These services support oil and gas exploration and production (E&P) companies in India — primarily ONGC, Oil India, and private operators — in locating, drilling, and producing petroleum reservoirs. At its peak, Shiv-Vani was one of India's leading domestic onshore oilfield services providers, competing with international service companies like Halliburton, Schlumberger, and Baker Hughes in the domestic E&P support market. The company operated across multiple Indian oil-producing basins including the Cambay Basin, Rajasthan, and Northeast India. The company has faced significant financial challenges. Its authorized share capital is Rs.150 crore and paid-up capital is Rs.128.38 crore, indicating substantial equity financing. However, the company's listed share price has been at distressed levels, reflecting the financial difficulties in the oilfield services sector in India — marked by delays in payments from ONGC, contract cancellations, and debt burden. SVOGL is listed on BSE (scrip code 522175) and NSE (ticker SVOG). The registered office is at Tower 1, Fifth Floor, NBCC Plaza, Sector V, Pushp Vihar, New Delhi 110017.
Key Milestones
Incorporated on 5 December 1989 in New Delhi
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You enquire
Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
You transfer the funds
Pay within 2 days of accepting
Shares reach your demat
Usually credited within 2–3 business days
Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
Rising domestic crude production targets provide a macro tailwind for oilfield services companies
Industry Headwinds
Lack of financial transparency makes it impossible to verify financial health
Dependence on PSU clients (ONGC, Oil India) for contracts creates revenue concentration risk
Volatile crude oil prices impact upstream E&P spending and thereby demand for oilfield services
Distressed share price on BSE (522175) indicating severe financial difficulties
Source: Media Reports / Public Records
Formerly Shiv-Vani Oil & Gas — name change in August 2015 amid financial restructuring
Source: AlphaHub Research
Oilfield services sector ONGC payment delays historically affected company cash flows
Source: Media Reports / Public Records
No publicly available financial statements; investors cannot assess revenue, profitability, or debt levels.
Indian onshore oil and gas services market is dominated by large PSU-affiliated players; small companies face intense competition for contracts.
Company is unlisted with no active secondary market for shares, creating significant exit risk for investors.
DEEPINDS · 1200 Cr
PE: 18xx
SELAN · 500 Cr
PE: 15xx
Registered with Registrar of Companies, Delhi
Operates in onshore oil and gas services sector for over 35 years
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