A Oneindia Venture

Cryogenic OGS Ltd. Company History and Annual Growth Details

Our Company was originally incorporated on September 05, 1997 under the name and style of ‘MANGUKIA STEEL PRIVATE LIMITED’, pursuant to a certificate of incorporation dated September 05, 1997 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Further, our Company changed its name to ‘CRYOGENIC LIQUIDE PRIVATE LIMITED’ pursuant to a resolution passed by the Shareholders in an Extraordinary General Meeting held on March 21, 2011, with a fresh certificate of incorporation dated April 27, 2011 issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli, Later on, our Company changed its name to ‘CRYOGENIC OGS PRIVATE LIMITED’ again pursuant to a resolution passed by the Shareholders at the Annual General Meeting held on September 30, 2023, with a fresh certificate of incorporation dated October 20, 2023 issued by Registrar of Companies, Ahmedabad. Furthermore, our Company was converted into a public limited company pursuant to a resolution passed by the Shareholders in an Extraordinary General Meeting held on November 01, 2023, with a fresh certificate of incorporation dated November 10, 2023 issued by Registrar of Companies, Ahmedabad. Consequently, the name of our Company was changed to ‘CRYOGENIC OGS LIMITED’. The corporate identification number of our Company is U25121GJ1997PLC032955.

MAJOR EVENTS:
1998
- Our Company was incorporated on September 05, 1997 under the name ‘Mangukia Steel Private Limited’’, pursuant to a certificate of incorporation dated September 05, 1997 issued by the Registrar of Companies,Gujarat, Dadra & Nagar Haveli

2011
- Strategic Partnerships and Major Orders:- Received first order from Hindustan Petroleum Corporation Limited through Larsen and Toubro Ltd. Began manufacturing metering skids, landing first order for HPCLMittal Refinery via Honeywell Automation India Ltd.

2012-13
- Financial Growth and Key Contracts: - Achieved significant turnover of INR 2.82 Crore in 2012, with a profit of INR 15.94 Lacs.

2018
- High-Value Orders and Market Presence:- Bagged a substantial INR 4.5 Crore order from Endress + Hauser for Pipeline Transfer Metering Skids for IOCL terminals.

2019
- Record-Breaking Turnover and Innovative Product Delivery: -Achieved a turnover of INR 21.20 Crore, with a net profit of INR 1.52 Crore. Delivered a major order for Ron Booster (octane booster) control panels and mixers worth INR 1.72 Crore to Indian Oil Corporation Limited.

2022
- State-of-the-Art Facility: Launched a world-class manufacturing facility covering a total land area of 93,000 sq ft, with a 65,000 sq ft manufacturing area, a 9,000 sq ft admin building, and a 10,000 sq ft storage facility.

2023
- Financial Milestone and Global Recognitions: Achieved zero debt status by March 31, 2023. Recognized as a globally approved vendor for Honeywell Automation India Ltd, Emerson Process Management, ABB India Ltd, and Endress + Hauser. Expanded market presence to over 300 IOCL terminals, 200 HPCL terminals, and 200 BPCL terminals.
- Innovative Ventures and Strategic Partnerships: Began manufacturing LNG and Hydrogen Metering Skids. Signed an agreement with KMC Oil and Gas Equipment LLC, Abu Dhabi, for sales and marketing in GCC countries.
- International Audit and Approval: Successfully audited by Endress and Hauser with Arrow Energy Australia for gas skid requirements, securing approval for the Australian market.
- Conversion of our Company from Private Limited to Public Limited Company.

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