Rigtech

Founded: 2009 • Age: 17 yrs
Oil and gas training and HSE services in India.

About Rigtech

Rigtech is an Energy & Utilities company founded in 2009. Oil and gas training and HSE services in India. Rigtech offers products and services including Oil and Gas Training and Safety Training. Its focus areas include Energy, Oil and Gas, Training and Education and Oilfield Services Training. Its legal entity in India is Rig Tech Oilfield Training Centre Private Limited (U80302KL2010PTC026390).

Company details

Rigtech is recognized as Indias first ISO 9001:2015 certified institute focused on oilfield services, where training in upstream and downstream operations of the oil and gas sector is delivered by experienced instructors with international exposure. Practical sessions on rigs and safety protocols are emphasized, alongside HSE training. Placement assistance is extended to students, facilitating opportunities in global companies. The institutes accreditation from IADC and IOSH-UK ensures that industry standards are met, preparing personnel for careers in the energy field.

Key Metrics
  • Indian entity revenue
    ₹1,277

    FY 2022 · -100% YoY

  • Indian entity net loss
    -₹2,888

    FY 2022 · -226% margin

  • Indian entity EBITDA
    -₹1,888

    FY 2022 · -148% margin

Products & Services of Rigtech

Rigtech offers a comprehensive portfolio of products and services, including Oil and Gas Training and Safety Training.

Oil and Gas Training
Education and Training

Training in oilfield services such as drilling and seismic surveys is provided to personnel in the upstream and downstream sectors

Safety Training
Health and Safety

HSE training courses are offered to address safety management in the oil and gas industry

Board of directors of Rigtech Oilfield Training Centre Private Limited (Rigtech)

Rigtech Oilfield Training Centre Private Limited is the primary company behind Rigtech. The board of Rigtech Oilfield Training Centre Private Limited currently have 5 directors; the longest-serving is Joy Varghese, appointed in 2010. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Joy Varghese
DIN 03107301
Managing Director21 Jul 201016 yrs 3 moRigtech Oilfield Training Centre Private Limited
Raja Sahitya
DIN 06915254
Director10 Apr 201511 yrs 6 moRigtech Oilfield Training Centre Private Limited
Muthukumar Prabhavathy Shri Vignesh
DIN 07269208
Additional Director25 Jan 201610 yrs 9 moRigtech Oilfield Training Centre Private Limited
Anand Veetil Ganapathyadan
DIN 00732188
Director27 Oct 20206 yrsRigtech Oilfield Training Centre Private Limited
Raja Chelliah
DIN 00187896
Additional Director24 Apr 20251 yr 6 moRigtech Oilfield Training Centre Private Limited

Financials of Rigtech

Figures of Rigtech Oilfield Training Centre Private Limited, the primary company behind Rigtech, for FY 2022. Revenue was ₹1,277 (-100% year on year). Net loss was -₹2,888 (-226% margin). EBITDA was -₹1,888 (-148% margin). Revenue has grown at a compounded annual rate of -95% over three years and -84% over five years.

  • ₹1,277Revenue · FY 2022 · -100% YoY
  • -₹2,888Net loss · -226% margin
  • -₹1,888EBITDA · -148% margin
  • ₹2.00 CrPaid-up capital
  • -95%Revenue CAGR, 3 years
  • -84%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Rigtech Oilfield Training Centre Private Limited are on its company page.

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Frequently Asked Questions about Rigtech

Rigtech was founded in 2009.

The primary company behind Rigtech, Rigtech Oilfield Training Centre Private Limited, reported revenue of β‚Ή1,277 for FY 2022, down 100% year on year.

Rigtech is recognized as Indias first ISO 9001:2015 certified institute focused on oilfield services, where training in upstream and downstream operations of the oil and gas sector is delivered by experienced instructors with international exposure. Practical sessions on rigs and safety protocols are emphasized, alongside HSE training. Placement assistance is extended to students, facilitating opportunities in global companies. The institutes accreditation from IADC and IOSH-UK ensures that industry standards are met, preparing personnel for careers in the energy field.

Rigtech offers Oil and Gas Training and Safety Training.

Rigtech operates through Rigtech Oilfield Training Centre Private Limited.

The legal entities of Rigtech currently have 5 directors, including Raja Chelliah, Raja Sahitya, Muthukumar Prabhavathy Shri Vignesh and others.

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