Aban Offshore Limited

Provides offshore drilling services and operates wind turbines for energy production in domestic and international markets.

1986 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 08, 2024

Aban Offshore Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 292.67 Cr
  • Company Age 38 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17,641.17 Cr
  • Satisfied Charges ₹ 12,510.43 Cr
  • Revenue Growth -5.57%
  • Profit Growth -8.75%
  • Ebitda -2130.49%
  • Net Worth -15.13%
  • Total Assets -19.43%

About Aban Offshore

Aban Offshore Limited (AOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 September 1986 and has a history of 38 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523204 and on the National Stock Exchange(NSE) under ABAN.

The Corporate was formerly known as Aban Loyd Chiles Offshore Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1,500.00 Cr and a paid-up capital of Rs 292.67 Cr.

The company currently has active open charges totaling ₹17,641.17 Cr. The company has closed loans amounting to ₹12,510.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aban Offshore Limited India are Chakkungal Gopalkrishnan as CFO and Balaji as Company Secretary. Ashok Rout, Murari Pejavar, Subhashini, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L01119TN1986PLC013473

  • Company No.

    013473

  • Stock Symbol

    BSE : 523204 NSE : ABAN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1986

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Environment
Energy and Power

What products or services does Aban Offshore Limited offer?

Aban Offshore Limited offers a wide range of products and services, including Brain & Nervous System Drugs, Antidepressant & Anti Anxiety Medicines, Fresh, Dried & Preserved Vegetables, Exotic Vegetables, Pharma Ingredients & Raw Materials, Nervous System and Antipsychotic API, Cardiovascular Drugs & Medication, Diabetes Medicine, Common Disease Medicines, Steroid.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Reji Abraham Country flag representing In Managing Director09-Feb-1994Current
Chakkungal Gopalkrishnan Country flag representing Ae CFO28-May-2014Current
Balaji Country flag representing In Company Secretary19-Sep-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Subhashini Country flag representing In Director 19-Sep-2014Current
Ashok Rout Country flag representing In Director 01-Nov-2012Current
Murari Pejavar Country flag representing In Director 18-Sep-1996Current
Krishnamurthy Bharathan Country flag representing In Director 26-Dec-2003Current
Parasuraman Venkateswaran Country flag representing In Director 01-Aug-2001Current
Deepa Abraham Country flag representing In Director 19-Sep-2014Current

Financial Performance of Aban Offshore.

Aban Offshore Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.57% decrease. The company also saw a slight decrease in profitability, with a 8.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.13%.

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
-5.57%
Revenue from Operations
-7.40%
Total Assets
-19.43%
Profit or Loss
-8.75%
Net Worth
-15.13%
EBITDA
-2130.49%

What is the Ownership and Shareholding Structure of Aban Offshore?

In 2022, Aban Offshore had a promoter holding of 46.00% and a public holding of 54.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17,641.17 Cr

Satisfied Charges

₹12,510.43 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 13100.00 Cr
  • Others : 2779.74 Cr
  • Sbicap Trustee Company Limited : 1761.43 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2015Others₹100.00 CrOpen
04 Dec 2014Sbicap Trustee Company Limited₹486.00 CrOpen
17 Sep 2014Bank Of Baroda₹13,100.00 CrOpen
08 Jul 2014Sbicap Trustee Company Limited₹1,275.43 CrOpen
14 Mar 2014Others₹2,679.74 CrOpen

How Many Employees Work at Aban Offshore?

Unlock and access historical data on people associated with Aban Offshore, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aban Offshore, 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 Offshore'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 Offshore

Recent activity within the organization

  • Annual General Meeting

    Aban Offshore Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge registered on 28 Mar 2013 via Charge ID 10479886 with Others was fully satisfied on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Aban Offshore Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 08 May 2015 with Charge ID 10567633 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Others of Rs. 2,679.74 Cr registered on 14 Mar 2014 with Charge ID 10504152 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Others of Rs. 55.00 Cr registered on 28 Mar 2013 with Charge ID 10479886 was modified on 21 Jun 2022.

    21 Jun 2022

Frequently asked questions

  • Aban Offshore Limited was incorporated on 25 Sep 1986.

  • The authorized share capital of Aban Offshore Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 292.67 Cr.

  • Currently 10 directors are associated with Aban Offshore Limited.

    • Ashok Kumar Rout
    • Murari Pejavar
    • Subhashini
    • Krishnamurthy Bharathan
    • Reji Abraham
    • Chakkungal Pathayapura Gopalkrishnan
    • Balaji
    • Chakkungal Pathayapura Gopalkrishnan
    • Parasuraman Iyer Venkateswaran
    • Deepa Reji Abraham
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aban Offshore Limited is Janpriya Crest96 Pantheon Road, Egmore, Chennai, Tamil Nadu, India, 600008.

  • The corporate identification number (CIN) of Aban Offshore Limited is L01119TN1986PLC013473 and the company number is 013473 as per Ministry of Corporate Affairs (MCA).

  • Yes, Aban Offshore Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ABAN.

  • The Official website of Aban Offshore Limited is https://www.abanoffshore.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aban Offshore Limited has fallen by -5.57%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aban Offshore Limited has experienced an downturn of -15.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aban Offshore Limited amount to ₹ 17,641.17 Cr.

  • The most recent Balance Sheet for Aban Offshore Limited was filed with the ROC on 31 Mar 2023.

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