Oswal Energies Limited - IPO

Incorporated in 2013, Oswal Energies Limited is an integrated engineering, procurement, and construction (EPC) company and a manufacturer of process equipment and packages, providing end-to-end solutions from concept to commissioning. The company operates through two primary divisions: the Project Division and the Heavy Engineering Division.

Under the Project Division, the company undertakes EPC services for surface facilities, early production facilities, steel pipeline networks, gas processing plants, and cross-country pipelines.

The Heavy Engineering Division is engaged in the manufacturing and supply of heavy equipment and products, including process equipment, process skids, and process packages.

The company operates a manufacturing facility located in Gandhinagar, Gujarat.

The customer portfolio includes Frontier Petroleum Services LLC, Vedanta Limited, Synergia Energy Limited, Sun Petrochemicals Private Limited, Thermax Limited, Fives India Engineering & Projects Private Limited, and Koerting Engineering Private Limited.

Since the beginning of Fiscal 2023, the company has executed five EPC projects under the Project Division with a total contract value of approximately ₹3,348.64 million and completed 21 contracts under the Heavy Engineering Division, valued at approximately ₹991.83 million.

As of March 31, 2025, the company employed 285 full-time personnel.