About Oilmax Energy
Oilmax Energy is an Energy & Utilities company based in Mumbai (India) founded in 2008 by Kapil Garg and Ritu Garg. Integrated oil and gas company focused on exploration, production, and EPC. Oilmax Energy has raised $42.21 million across 4 funding rounds from investors including Sammy’s Dreamland. The company has 95 employees. Oilmax Energy was last valued at $229.66 million in May 2017. Its Indian entity Oilmax Energy Private Limited reported revenue of ₹137 Cr. Oilmax Energy offers products and services including Oil Exploration and Production and Hydrocarbon Marketing. Its focus areas include Energy, Oil & Gas Upstream and Exploration and Production.
Company details
Oilmax Energy was established in 2008 in Mumbai, India, as an integrated entity in the oil and gas sector. Upstream activities are encompassed, from exploration and production to operations, maintenance, and hydrocarbon marketing. Low-cost, high-value assets are acquired and developed through innovative technology across multiple projects, where joint ownership and operational roles are undertaken. A diversified group of associated companies is engaged in agritech and electric mobility sectors.
- Headquarters Mumbai, India
- Employees 95
- Founders Kapil Garg, Ritu Garg
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website oilmax.in
- Social LinkedIn X
- Legal Name Oilmax Energy Private Limited
- Date of Incorporation 02 Aug, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹137 Cr
FY 2025 · +42% YoY
- Net Profit₹88.01 Cr
FY 2025 · 15% margin
- EBITDA₹157 Cr
FY 2025 · 27% margin
- Total Equity Funding$42.21M (USD)
in 4 rounds
- Latest Funding Round$3.93M (USD), Series A
Jan 2018
- Investors
- Employee Count95
Associated legal entities of Oilmax Energy
Oilmax Energy operates through Oilmax Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Oilmax Energy Private Limited CIN U40101MH2008PTC185357 | Active | 02 Aug 2008 | Mumbai, Maharashtra | ₹137 Cr | 95 | 4 | View details |
Products & Services of Oilmax Energy
Oilmax Energy offers a comprehensive portfolio of products and services, including Oil Exploration and Production and Hydrocarbon Marketing.
Exploration and production services are offered for oil and gas assets, focusing on undervalued developments at reduced costs while maintaining quality standards
Hydrocarbon marketing services are provided as part of the upstream value chain, ensuring balanced portfolio management and innovative technology adoption
Funding Insights of Oilmax Energy
Oilmax Energy has successfully raised a total of $42.21M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.93 million completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $42.21M
- Total Rounds 4
- Last Round Series A — $3.93M
- First Round $8.06M
(Mar 2012)
- Investors Count 1
All 4 funding rounds of Oilmax Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $3.93M | Series A | – | Sammy’s Dreamland | – |
| May 2017 | $10.89M | Series A | $229.66M | – | – |
| May 2016 | $19.32M | Series A | $178.27M | – | – |
| Mar 2012 | $8.06M | Series A | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2017 | $229.66M | •••••••• |
| May 2016 | $178.27M | •••••••• |
| Mar 2012 | $••••• | •••••••• |
Full valuation and stage history of Oilmax Energy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $229.66M (May 2017). 1 investors in total: 1 institutional.
Investors in Oilmax Energy
Oilmax Energy has secured backing from 1 investor. Prominent investors backing the company include Sammy’s Dreamland.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate project development services are offered in India. | sammysdreamland.com | Bengaluru, India |
Investor details for Oilmax Energy
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Board of directors of Oilmax Energy Private Limited (Oilmax Energy)
Oilmax Energy Private Limited is the primary company behind Oilmax Energy. The board of Oilmax Energy Private Limited currently have 3 directors; the longest-serving is Kapil Garg, appointed in 2009. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kapil Garg DIN 01360843 | Director | 01 Feb 2009 | 17 yrs 8 mo | Oilmax Energy Private Limited |
| Anish Garg DIN 07995344 | Director | 29 Mar 2022 | 4 yrs 7 mo | Oilmax Energy Private Limited |
| Parikshit Datta DIN 06377749 | Director | 01 Apr 2025 | 1 yr 6 mo | Oilmax Energy Private Limited |
People of Oilmax Energy
27 people are tracked at Oilmax Energy (9 in leadership, 18 in team); the tracked headcount is 95.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
| Co-Founder & Director | Leadership | |
Sumani Das | Deputy General Manager (Geosciences) | Leadership |
Sumit Maheshwari | President Finance & Group CFO | Leadership |
Chandan Mishra | Assistant General Manager (Geophysics) | Leadership |
Gunjan Fernandes | Executive Assistant To The President | Leadership |
PRADEEP MOHANTY | Vice President & Head HR | Leadership |
Vidyadhar Kamath | Head Petroleum Engineering | Leadership |
| Director | Leadership | |
Sachin Kumar Lohmod | Manager - Corporate Affairs | Team |
Fabio Borpatra Nongdhar | Graduate Engineer Trainee | Team |
Agathian Muthu | Installation Manager | Team |
Rohit Agarwal | Manager | Team |
Sachin Nanavare | IT Manager | Team |
Amlan Hazarika | Assistant Manager- Production | Team |
Meenu Gupta | Assistant Manager- Petroleum Engineering | Team |
Suma Nayak | Manager - Human Resource | Team |
Kinjal Sharma | Commercial Contract Compliance Manager | Team |
Vaidyanathan P | Senior Manager - Commercial Contracts | Team |
Shiv Kumar | Sr. Manager Lead HSSE | Team |
7 more people are available in the full profile.
Complete people profiles for Oilmax Energy
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Financials of Oilmax Energy
Figures of Oilmax Energy Private Limited, the primary company behind Oilmax Energy, for FY 2025. Revenue was ₹137 Cr (+42% year on year). Net profit was ₹88.01 Cr (15% margin). EBITDA was ₹157 Cr (27% margin). Revenue has grown at a compounded annual rate of +25% over three years.
- ₹137 CrRevenue · FY 2025 · +42% YoY
- ₹88.01 CrNet profit · 15% margin
- ₹157 CrEBITDA · 27% margin
- ₹5.70 CrPaid-up capital
- 95Employees (provident fund records)
- +25%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Oilmax Energy Private Limited are on its company page.
Detailed financial statements for Oilmax Energy
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Timeline of Oilmax Energy
4 dated milestones of Oilmax Energy across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Oilmax Energy is founded.
- Funding First funding round of $8.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.9M.
Web traffic of Oilmax Energy
The website of Oilmax Energy (oilmax.in) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 12.1% vs previous month
Websites whose visitors overlap most with Oilmax Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| abhitechenergycon.com | 100% | View details | |||
| hoec.com | 100% | 5.8K | #3,607,742 | View details | |
| ocs.services | 95% | 2.6K | #6,349,214 | View details | |
pacificoilindia.com | pacificoilindia.com | 93% | #12,840,778 | – | |
gasassociation.in | gasassociation.in | 92% | #8,007,558 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Frequently Asked Questions about Oilmax Energy
Oilmax Energy was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Oilmax Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Oilmax Energy is a funded company, having raised a total of $42.21M across 4 funding rounds to date. The company's 1st funding round was a Series A of $8.06M, raised on Mar 2012.
Oilmax Energy has 95 employees.
The primary company behind Oilmax Energy, Oilmax Energy Private Limited, reported revenue of ₹137 Cr for FY 2025, up 42% year on year.
Oilmax Energy was established in 2008 in Mumbai, India, as an integrated entity in the oil and gas sector. Upstream activities are encompassed, from exploration and production to operations, maintenance, and hydrocarbon marketing. Low-cost, high-value assets are acquired and developed through innovative technology across multiple projects, where joint ownership and operational roles are undertaken. A diversified group of associated companies is engaged in agritech and electric mobility sectors.
Oilmax Energy offers Oil Exploration and Production and Hydrocarbon Marketing.
Oilmax Energy has 1 investor. Key investors include Sammy’s Dreamland.
The valuation of Oilmax Energy is $229.66M as of May 2017.
Oilmax Energy operates through Oilmax Energy Private Limited.
The legal entities of Oilmax Energy currently have 4 directors, including Kapil Garg, Anish Garg, Aakash Subhashchand Yadav and others.