Cryogenic OGS Limited , a leading manufacturer of oil and gas metering and filtering equipment, has announced the receipt of a significant purchase order from Endress and Hauser India, valued at ₹1,51,18,002. This order underscores the company's growing presence in the terminal automation systems market and highlights the continued demand for its products.

Order Details

The company has secured a domestic contract for the supply of metering skids:

• Value: ₹1,51,18,002
• Client: Endress and Hauser India
• Products: Metering skids
• Execution Period: 14-18 weeks

Strategic Importance

This order from Endress and Hauser India is significant for Cryogenic OGS Limited for several reasons:

1. It reinforces the company's position as a trusted supplier in the fluid metering and filtering equipment market.
2. The order demonstrates the continued demand for Cryogenic OGS Limited's products in the industry.
3. The contract highlights the company's capability to meet specific client requirements within a defined timeframe.

Delivery and Execution

The order is set to be executed within a timeframe of 14-18 weeks. This turnaround highlights Cryogenic OGS Limited's manufacturing capabilities and its readiness to meet customer demands efficiently.

Company Background

Cryogenic OGS Limited, formerly known as Cryogenic Liquide Private Limited, is based in Vadodara, Gujarat. The company specializes in manufacturing oil and gas metering and filtering equipment, with a focus on fluid metering and filtering solutions.

This new order adds to Cryogenic OGS Limited's growing track record in the industry, reflecting the company's commitment to providing high-quality products to its customers in the oil and gas sector.

Cryogenic OGS Limited has announced a significant new order, bolstering its position in the specialized skid fabrication market. The company has secured a purchase order worth ₹2.76 crore from Emerson Measurement Systems And Solutions India Private Limited for the manufacturing of 70 truck loading skids.

Order Details

The order, valued at ₹276.50 lakh, encompasses a comprehensive scope of work for Cryogenic OGS. The project involves:

• Fabrication and assembly of complete skids, including piping and structures
• Material procurement
• Preparation of detailed structural drawings
• Manufacturing, inspection, and testing
• Painting and mechanical assembly
• Electrical and instrumentation (E&I) assembly
• Installation of free issue items
• Instrumentation and functional testing
• Preservation and packing of the 70 Truck Loading Skids

Project Timeline and Significance

According to the company's disclosure to the BSE, the project is scheduled for completion by May 2026. This timeframe allows Cryogenic OGS to plan and execute the order efficiently while maintaining its ongoing operations.

Rashmi Kamlesh Otavani, Company Secretary & Compliance Officer of Cryogenic OGS Limited, stated in the BSE filing that "This order further strengthens our position in specialized skid fabrication and reflects the growing trust placed in our engineering and manufacturing capabilities."

Market Impact

The order from Emerson Measurement Systems, a domestic entity, underscores Cryogenic OGS's strong foothold in the Indian market. It also highlights the company's expertise in producing critical equipment for the oil and gas industry, particularly in the area of truck loading systems.

Compliance and Transparency

In adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Cryogenic OGS has promptly disclosed the details of this order to the stock exchange. The company confirmed that the order does not fall under related party transactions and that there is no interest from the promoter or promoter group in the awarding entity.

This new order is expected to contribute positively to Cryogenic OGS's order book and potentially impact its financial performance in the coming quarters. Investors and market analysts will likely keep a close watch on the execution of this project and its impact on the company's growth trajectory in the specialized fabrication sector.