Oil & Gas Equipment · India, India

Best Oil & Gas Equipment Companies in India

Updated 2026-06-20 · Ranked by funding & momentum

123 indexable Oil & Gas Equipment companies headquartered in India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $47.1M across 7 funded companies.

123
Companies
$47.1M
Total Funding
7
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best Oil & Gas Equipment companies in India

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Gascomp Fueltech
Manufacturer of clean gaseous fuel equipment
$241.5K $1.9M
as of 2023
Seed Seed Mar 2024 8 2020
2 WellRx Technologies
Provider of oilfield equipmant and services
$306.9K $3.6M
as of 2022
Seed Seed Dec 2022 49 2020
3 Everest Kanto Cylinder
Manufacturer of steel gas cylinders
$20M Public PE Nov 2006 1,007 1978
4 Minimac Systems
Provider of clean-tech solutions and sector decarbonization solutions
$669K Funding Raised Conventional Debt Dec 2021 113 2012
5 Dolphin Offshore
Provider of underwater services and turnkey EPC projects for the oil and gas industry
$15M Public PE Feb 2006 256 1979
6 Ofi India
Manufacturer of mud logging, gas detection, and rig instruments
$10.8M $31.6M
as of 2011
Late Stage PE May 2010 750 1992
7 Axis Solutions
Manufacturer of multiple oil and gas equipment
$40.7K $61.3K
as of 2009
Early Stage Unattributed Jul 2009 132 1999
8 MKC
Manufacturer of gas cylinders
Funding Raised Unattributed Feb 2022 72 1984
9 Rotarex
Manufacturer of gas control products and systems
Funding Raised Grant (prize money) Dec 2016 29
10 Aban Offshore
Provider of offshore drilling services to the oil and gas industry
Public PE Feb 2012 1986
11 Aakash Exploration
Provider of oil and gas field services, including workover rigs and specialized equipment
Public 831 2007
12 Aarkay
Supplier of oil and gas equipment
Unfunded 79 1981
13 Abiindia
ABI Instruments manufactures, supplies, and exports thyristor control panels, thyristor power controllers, and control panels.
Unfunded
14 Adonequipments Unfunded
15 Advanced Bolting Solutions Pvt
As India's leading turnkey bolting solutions provider, we are Advanced Bolting Solutions (ABS).
206 1998
16 Air-N-Gas Process Technologies
Manufacturer of PSA nitrogen & oxygen plants, and medical oxygen plants
Unfunded 2007
17 asiad steels
India's Premium Fastener Manufacturer Providing Precision Build Fastening Solution For Various Industrial Platforms, Throughout The Globe.
2010
18 Asian Fab Tec
Provider of electrical contracting, fabrication, and construction services
Unfunded 175 2000
19 BGR Energy Systems
Provider of engineering project contracting services for power and oil & gas sectors
Public 1985
20 Botil Oil Tools India
Manufacturer and global supplier of a comprehensive range of downhole drilling & production oil tools
Unfunded 201 1985
21 Capeserve Unfunded
22 Chemdist
Manufacturer of facilities for process equipments
Unfunded 2018
23 City Cat Oil Parts Supply
Manufacturer of oil & gas spare parts, drilling rigs, and mining equipments
Unfunded 2017
24 COMPLETION OIL TOOLS
Manufacturer and supplier of downhole completion and production tools for the oilfield industry
Unfunded 2019
25 Confidence Futuristic Energetech Public 3 1985
26 Cristal Lubes
Manufacturer and supplier of a range of engine oils, including multi purpose greases, hydraulic oils, and stroke motorcycle oils, catering to the demands of the automotive industry
Unfunded 2014
27 Cumberlandec
Manufacturer of electrochemical systems for water disinfection and corrosion control
Unfunded
28 Deep Energy
Industry experts for MRO services for oil and gas equipment
Unfunded 2020
29 DHP India
Manufacturer of gas fitting equipment
Public 222 1991
30 DHP India Public 225 1991
31 Diffuson Coatech
Manufacturers of wear and corrosion resistant diffusion coatings for aerospace and oil & gas industry
Funding Raised 2021
32 Drillenenergy Unfunded
33 Drillmec India Private 2011
34 Dsquareoffshore
Provider of equipment and services for oil & gas sector
Unfunded 2020
35 EagleBurgmann
Provider of industrial sealing technology and related services
Unfunded 216 2003
36 Eminox
Company that specializes in industrial combustion and plant automation solutions
Unfunded 2016
37 Energy Ventures
Manufacturer of multiple oil and gas equipment
Unfunded 125 1992
38 Enpro Industries
Enpro Industries is a global leader in engineered skids and process equipment
Unfunded 568 1988
39 Equip Engineers
Manufacturer and supplier of exploration & production equipment
Unfunded 1984
40 Esteem Projects
Provider of private country club memberships and recreational amenities
Unfunded 75 2000
41 Expert Systems
Manufacturer and supplier of oil filtration equipment
Deadpooled 2000
42 Expo Gas Containers Ltd.
Expo Gas Containers provides design, fabrication, installation, commissioning of tanks, pressure vessels, and heat exchangers.
Public 175 1985
43 Filter Concept
Filtration system solution provider offering range of filter system and filter consumables
Unfunded 175 2002
44 Flameproof Equipments
Manufacturer and supplier of electrical equipment
Unfunded 23 1966
45 Flash Point Equipments Unfunded 1993
46 Franklinfueling
Provider of integrated fuel system solutions for petroleum marketers
Unfunded 63
47 Gas Leak Detectors
Manufacturer of flameproof gas leak detector and portable gas leak detector
Unfunded 20 2007
48 GasTech
Manufacturer of fuel kits for diesel engines
Unfunded 2023
49 Gasvigil
Gasvigil Technologies is a manufacturer, supplier, importer, and exporter of gas detection systems.
Unfunded
50 gei industrial systems
GEI Industrial Systems is an engineering and manufacturing company that carry out projects in different sectors.
Deadpooled 691 1970

Top 12 Oil & Gas Equipment companies in India

#1
$241.5K Raised
expand_more
location_onVadodara, Gujarat
Founded
2020
Employees
8
Funding raised
$241.5K
Valuation
$1.9M · 2023
Stage
Seed

Manufacturer of clean gaseous fuel equipment. It specializes in manufacturing compressors, clean fuel dispensers, and other equipment for clean and alternative gaseous fuels such as CNG, BioCNG, LNG, and Hydrogen.

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Mar 2024 $120.6K
Seed Feb 2023 $242K
Founders & key people
Investors
Tech stack
pleskwindows serverparticles.jsgoogle mapsbootstrapmicrosoft asp.net+5
#2
$306.9K Raised
expand_more
location_onRewari, Haryana
Founded
2020
Employees
49
Funding raised
$306.9K
Valuation
$3.6M · 2022
Stage
Seed

Provider of oilfield equipmant and services. It is specializes in oilfield technology and engineering services, focusing on advanced well construction, well intervention, and production enhancement for the oil and gas industry. The company is recognized for its integrated well intervention solutions, proprietary workflows, and commitment to innovation, as well as its recent expansion into renewable energy and R&D in

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Dec 2022 $608.7K
Investors
#3
$20M Raised
expand_more
location_onMumbai, Maharashtra
Founded
1978
Employees
1,007
Funding raised
$20M
Stage
Public

Manufacturer of steel gas cylinders. It also manufactures a range of products including industrial gas, CNG, jumbo cylinders & skids, composite cylinders, crown corks, stoppers, lids, seals, caps, industrial valves, and bathroom tapes. Its cylinders are designed for various industrial applications, such as manufacturing, construction, and healthcare sector.

Tech stack
apache http serverbootstrapchart.jscontact form 7crypto-jsgoogle font api+14
#4
Minimac Systems Funding Raised
$669K Raised
expand_more
location_onPune, Maharashtra
Founded
2012
Employees
113
Funding raised
$669K
Stage
Funding Raised

Provider of clean-tech solutions and sector decarbonization solutions. The company provides global standardized and customized solutions for oil purification, filtration, and flushing systems, OEM filter replacements, oil testing devices, and minimac operations & maintenance services for lube oils, hydraulic oils, control fluids, turbine oils, transformer oils, and gear oils.

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt Dec 2021 $669K
Tech stack
bootstrapcdnjscloudflarecore-jsfacebook pixelfont awesome+14
#5
$15M Raised
expand_more
location_onMumbai, Maharashtra
Founded
1979
Employees
256
Funding raised
$15M
Stage
Public

Provider of underwater services and turnkey EPC projects for the oil and gas industry. It offers diving and underwater services, including air, mixed gas, and saturation diving. Fabrication and installation services are also provided, along with rig and ship repairs. The company undertakes design engineering projects and delivers turnkey EPC contracts. A history of providing services to the offshore oil and gas secto

Founders & key people
Tech stack
contact form 7core-jselementorelementor header & footer builderfont awesomegoogle font api+14
#6
Ofi India Late Stage
$10.8M Raised
expand_more
location_onMumbai, Maharashtra
Founded
1992
Employees
750
Funding raised
$10.8M
Valuation
$31.6M · 2011
Stage
Late Stage

OFI manufactures mud logging, gas detection, and rig instruments. Offers data acquisition & monitoring instrument, pressure indicators, diaphragms, gas chromatographs, and measurement while drilling(MWD) systems. Also, provides operation & calibration services.

Tech stack
apache http serverbootstrapcdnjscloudflarefont awesomegoogle analytics+14
#7
Axis Solutions Early Stage
$40.7K Raised
expand_more
location_onAhmedabad, Gujarat
Founded
1999
Employees
132
Funding raised
$40.7K
Valuation
$61.3K · 2009
Stage
Early Stage

Manufacturer of multiple oil and gas equipment

Funding rounds (1 disclosed of 1)
Round Date Amount
Unattributed Jul 2009 $40.7K
Founders & key people
Tech stack
<model-viewer>angularanimate.cssbaidu analytics (百度统计)bootstrapcart functionality+14
#8
MKC Funding Raised
72 Employees
expand_more
location_onAhmedabad, Gujarat
Founded
1984
Employees
72
Stage
Funding Raised

MKC Group manufactures CNG gas cylinders. Has client such as Cummins, Adani Group, Safex, etc.

Tech stack
core-jselementorfont awesomegoogle font apihello elementorhttp/3+12
#9
Rotarex Funding Raised
29 Employees
expand_more
location_onIndia
Employees
29
Stage
Funding Raised

Manufacturer of gas control products and systems. It designs and manufactures cylinder valves, pressure regulators, and complete systems for various applications. These include medical gas applications, specialty gas systems, industrial gas valves, fire protection systems, LPG and cryogenic equipment, and beverage dispensers. The company also offers custom innovations and solutions tailored to specific client needs.

Investors
Tech stack
azurecdnjscloudflarecloudflare bot managementcookiebotfancybox+14
#10
Aban Offshore Public
expand_more
location_onChennai, Tamil Nadu
Founded
1986
Stage
Public

Provider of offshore drilling services to the oil and gas industry. It offers self-elevating drilling units for exploration and production. The company maintains a fleet of jack-up rigs, capable of operating in various water depths. Services encompass all aspects of offshore drilling operations. A focus on quality systems, health and safety, and environmental protection is integral to its operations. It has offices i

#11
831 Employees
expand_more
location_onAhmedabad, Gujarat
Founded
2007
Employees
831
Stage
Public

Provider of oil and gas field services, including workover rigs and specialized equipment. It offers a variety of services such as well head maintenance, well head greasing, hot oil circulation, sucker rod pumping, and chemical dosing. The company also provides mobile support units including air compressors, pumping units, and steaming units. Its services are used in oil enhancement recovery and other related operati

Tech stack
bootstrapgoogle analyticshttp/3jqueryjquery cdnlitespeed+1
#12
Aarkay Unfunded
79 Employees
expand_more
location_onMumbai, Maharashtra
Founded
1981
Employees
79
Stage
Unfunded

Supplier of oil and gas equipment

Founders & key people
Tech stack
adobe flashiisjquerymicrosoft 365microsoft asp.netplesk+1

Recent signals in India Oil & Gas Equipment

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Funding & investor landscape

Total raised
$47.1M
across these companies
Companies funded
7
with disclosed funding
Highest-funded
$20M raised

Most active investors

ONGC ONGC 2 investments in Oil & Gas Equipment CLSA Capital Partners CLSA Capital Partners 1 investment in Oil & Gas Equipment Clearwater Capital Partners Clearwater Capital Partners 1 investment in Oil & Gas Equipment Dandekar Brothers Dandekar Brothers 1 investment in Oil & Gas Equipment DV Duke vd 1 investment in Oil & Gas Equipment Europa Europa 1 investment in Oil & Gas Equipment Globe Industrial Resources Globe Industrial Resources 1 investment in Oil & Gas Equipment Goldman Sachs Goldman Sachs 1 investment in Oil & Gas Equipment Gujarat Telelink Gujarat Telelink 1 investment in Oil & Gas Equipment JSW Group JSW Group 1 investment in Oil & Gas Equipment Kitara Capital Kitara Capital 1 investment in Oil & Gas Equipment PSG-STEP PSG-STEP 1 investment in Oil & Gas Equipment

Notable founders in India Oil & Gas Equipment

DS Darshan Soni Founder & CEO Gascomp Fueltech · $241.5K raised
SN Shaily Nimodia Co-Founder WellRx Technologies · $306.9K raised
DD Deepak Diwaker Co-Founder WellRx Technologies · $306.9K raised
.S . Sudhir Co-Founder WellRx Technologies · $306.9K raised
RG Rahul Gupta CEO WellRx Technologies · $306.9K raised
AA Anshuman Agrawal Founder & CEO & Managing Director Minimac Systems · $669K raised
SS Satpal Singh CEO & MD Dolphin Offshore · $15M raised
BS Bijal Sanghvi Founder Axis Solutions · $40.7K raised
RD R K Dave Founder Aarkay

Frequently asked questions

How many Oil & Gas Equipment companies are there in India?
Radar tracks 123 indexable Oil & Gas Equipment companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Equipment companies in India?
The Oil & Gas Equipment companies in India on this list have raised a combined $47.1M in disclosed equity funding across 7 funded companies.
Which is the highest-funded Oil & Gas Equipment company in India?
Everest Kanto Cylinder is the highest-funded Oil & Gas Equipment company in India, with $20M in disclosed equity funding.
How many Oil & Gas Equipment companies in India are funded?
7 of the 123 Oil & Gas Equipment companies in India on this list have disclosed at least one equity funding round.
How many Oil & Gas Equipment unicorns are there in India?
None of the Oil & Gas Equipment companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Oil & Gas Equipment companies?
The most active investors in India Oil & Gas Equipment companies on this list include ONGC, CLSA Capital Partners, Clearwater Capital Partners, Dandekar Brothers, Duke vd.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-20.

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