Aban Energies Limited

Harnessing wind energy to generate electricity through four wind farms in Tamil Nadu.

1997 | Chennai-600008, Tamil Nadu (India) | Active
Last Updated: December 16, 2024

Aban Energies Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -0.47%
  • Profit Growth -20.16%
  • Ebitda -20.16%
  • Net Worth -19.14%
  • Total Assets 201.60%

About Aban Energies

Aban Energies Limited (AEL) is a Public Limited Indian Non-Government Company incorporated in India on 05 May 1997 and has a history of 27 years and eight months. Its registered office is in Chennai-600008, Tamil Nadu.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Parasuraman Venkateswaran, Balaji, and Ravi Kannan serve as directors at the Company.

Company Details

  • Location
    Chennai-600008, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300TN1997PLC038108

  • Company No.

    038108

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 May 1997

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

Who are the key members and board of directors at Aban Energies?

Board Members (3)

Name Designation Appointment Date Status
Ravi Kannan Country flag representing In Director 15-Oct-2020 Current
Parasuraman Venkateswaran Country flag representing In Director 15-Oct-2020 Current
Balaji Country flag representing In Director 08-Feb-2021 Current

Financial Performance of Aban Energies.

Aban Energies Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.47% decrease. The company also saw a substantial fall in profitability, with a 20.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.14%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-0.47%
Revenue from Operations
-0.47%
Total Assets
201.60%
Profit or Loss
-20.16%
Net Worth
-19.14%
EBITDA
-20.16%

What is the Ownership and Shareholding Structure of Aban Energies?

In 2022, Aban Energies had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Aban Energies?

Aban Energies has a workforce of 11 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aban Energies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aban Energies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aban Energies

Recent activity within the organization

  • Annual General Meeting

    Aban Energies Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Balance Sheet

    Aban Energies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Balaji was appointed as a Director was appointed as a Director on 08 Feb 2021 & has been associated with this company since 3 years 11 months .

    08 Feb 2021

  • Director Appointment

    Parasuraman Iyer Venkateswaran was appointed as a Director was appointed as a Director on 15 Oct 2020 & has been associated with this company since 4 years 3 months .

    15 Oct 2020

  • Director Appointment

    Ravi Kannan was appointed as a Director was appointed as a Director on 15 Oct 2020 & has been associated with this company since 4 years 3 months .

    15 Oct 2020

  • Company Incorporation

    Aban Energies Limited was registered on 05 May 1997 with Roc Chennai & aged 27 years 8 months as per MCA records.

    05 May 1997

Frequently asked questions

  • Aban Energies Limited was incorporated on 05 May 1997.

  • The authorized share capital of Aban Energies Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Aban Energies Limited.

    • Parasuraman Iyer Venkateswaran
    • Balaji
    • Ravi Kannan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aban Energies Limited is Janpriya Crest 96 Pantheon Road, India, Chennai-600008, Tamil Nadu.

  • The corporate identification number (CIN) of Aban Energies Limited is U31300TN1997PLC038108 and the company number is 038108 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aban Energies Limited is https://www.aban.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aban Energies Limited has fallen by -0.47%.

  • As Per 2022 financial reports, 11 employees are currently employed by Aban Energies Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aban Energies Limited has experienced an downturn of -19.14%.

  • The most recent Balance Sheet for Aban Energies Limited was filed with the ROC on 31 Mar 2024.

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