Cryogenic OGS is the only Indian manufacturer dedicated to precision fluid-handling equipment for the country’s oil, gas, and emerging clean-fuel networks - the metering skids, filters, and dosing systems that sit inside refineries, pipelines, and fuel terminals to measure, clean, and blend every litre that flows through them. It began in 1997 as a steel fabricator in Gujarat and has since transformed into a full turnkey systems integrator that designs, procures, assembles, and commissions complete equipment packages, no longer dependent on parts supplied by its clients. The recurring approach is simple: build deep, approved-vendor relationships with India’s state-owned oil giants, dominate the high-barrier catalogue-product niches where replacement orders arrive every decade, and then use that captive demand to launch new products - density probes, LNG skids, wind-energy jigs - into the same customer base. # Business segments A single precision-engineering engine serving India’s hydrocarbon backbone, with two small green shoots - wind-energy assembly tools and a newly formed components subsidiary - sprouting from the same manufacturing floor. ## 1. Fluid metering, filtration and handling: the hydrocarbon cash engine **Every custody-transfer point in India’s fuel network - where ownership of oil or gas changes hands - is a potential installation site for the company’s skids and filters, and it already holds an 80-90% share of the vital catalogue-product slots.** - **The gatekeeper of fuel flow** - the company’s metering skids are turnkey systems that measure and control liquid or gas moving through pipelines at storage terminals, built to API and ASME standards for complex fluids including LNG, hydrogen, and aviation turbine fuel. It supplied India’s first LNG metering skids to Konkan LNG two to three years ago and is now receiving repeat orders, giving it a first-mover seat in a market aligned with the country’s long-term gas-adoption push. - **Filters that are not commodities** - over 9,750 basket strainers and more than 5,000 strainer-cum-air eliminators are installed across India, but every unit is engineered case-by-case to different quality standards and raw-material specifications, which is why the company commands an 80-90% market share in these catalogue products across more than 200 IOCL, BPCL, and HPCL terminals. - **A density probe with its own vendor code** - the aDENS resonant-vibration density meter was launched to replace imports from European multinationals; the company tied up with a European partner but took product approval in its own name on oil-company vendor lists, so the partner cannot enter India directly for this product. Orders have already been won at three to four locations such as BPCL Jammu. - **Dosing and calibration close the loop** - automated additive-dosing skids blend dyes and markers into fuels for traceability and compliance, while prover tanks and master-meter trolleys verify flow-meter accuracy on site, so the company supplies not just the measurement hardware but the systems that keep it honest. - **Ten-year replacement cycles create a recurring base** - the company’s products are primary installations when Indian PSUs expand refining capacity, and they typically need replacement after about a decade, which means today’s installed base of over 10,000 units across more than 300 terminals generates a steady stream of repeat business. ## 2. Wind-energy lifting tools: a small energy-transition bet **The company makes the precision jigs that lift and hold wind-turbine nacelles during on-site assembly - a diversification barely a year old, built for one large customer.** - **A vendor to Suzlon** - the company entered wind energy roughly one to one-and-a-half years before FY26 by designing nacelle lifting jigs and assembly stands for Suzlon, its anchor client in this segment. - **Same factory, different end-market** - these jigs are fabricated in the same 8,300-square-metre Vadodara plant that produces oil-and-gas equipment, so the diversification required no new manufacturing footprint, only engineering hours. ## 3. Infravolt Engineering: a backward-integration subsidiary **A newly formed 51%-owned subsidiary that makes precision components for power, energy, and railway infrastructure - extending the company’s fabrication capability into adjacent industrial supply chains.** - **Born in May 2026** - Infravolt Engineering Private Limited was incorporated on 4 May 2026 with Cryogenic OGS holding a 51% stake for a cash consideration of ₹2.55 lakh, and it has already received an order for busbar kits from Fimer India. - **Backward integration in plain sight** - the subsidiary’s stated purpose is to manufacture precision components that feed into the same power and energy infrastructure segments the parent already serves, creating a captive supply line rather than a new customer-facing business. # Manufacturing engine **One debt-free, ISO-certified factory in Vadodara runs the entire operation, with enough headroom to double output without significant new capital expenditure.** - **8,300 square metres under one roof** - the plant in Por Industrial Park, Vadodara, houses production, fabrication, assembly, and testing zones, with processes spanning end-to-end design in Auto-CAD ELD through to hydrostatic and pneumatic leak testing. - **Land banked for 4x scale** - land has already been acquired for a 3,52,776-square-foot facility to be built in phases, representing roughly four times the current footprint. - **Thirty permanent employees run it all** - as of March 2025, the entire operation - design, fabrication, quality control, and commissioning - is delivered by a team of 30, reflecting a model built on engineering intensity rather than labour scale. # Group structure and partners **A single Indian parent company that has been debt-free since 2023, now flanked by two young subsidiaries - one in the UAE for Gulf-market access, one in India for component manufacturing.** - **Cryogenic OGS Middle East F.Z.E** - a wholly owned subsidiary incorporated in Ajman Free Zone, UAE, on 16 March 2026, created to bid directly for GCC contracts from clients such as ADNOC, Aramco, KOC, and PDO while retaining more margin than a third-party export arrangement would allow. - **Infravolt Engineering Private Limited** - the 51% Indian subsidiary incorporated on 4 May 2026, focused on precision components for power, energy, and railway infrastructure, with Cryogenic OGS holding 25,500 equity shares. - **No legacy entanglements** - as of March 2025 the company had no subsidiaries, joint ventures, or associates, and it has carried zero debt since 2023, so both new subsidiaries were formed from a clean balance sheet.