Abg Shipyard Ltd

This company provides shipbuilding and repair services, including ship conversion and modernization.

1985 | Surat, Gujarat (India) | Under Liquidation
Last Updated: April 20, 2024

Abg Shipyard Profile

Key Indicators

  • Authorised Capital ₹ 17,000.00 Cr
  • Paid Up Capital ₹ 201.50 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 32,913.68 Cr
  • Satisfied Charges ₹ 1,750.02 Cr
  • Revenue Growth -90.60%
  • Profit Growth -312.69%
  • Ebitda -522.49%
  • Net Worth -451.69%
  • Total Assets -10.22%

About Abg Shipyard

Abg Shipyard Ltd (ASL) is Under Liquidation company established on 15 Mar 1985 with its office registered at Surat, Gujarat, India and has been running since 39 Year, 10 Months with a paid up capital of 201.50 Cr. According to MCA records, 7 Directors and 1 Signatories are linked to this company as of 20 Apr 2024.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L61200GJ1985PLC007730

  • Company No.

    007730

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1985

  • Date of AGM

    19 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

What products or services does Abg Shipyard Ltd offer?

Abg Shipyard Ltd offers a wide range of products and services, including Software Development & IT Consultant, Software Development Services, Cleaning Machines & Equipments, Blasting Machine, Forwarding & Custom Clearing, Marine Service, Repair & Maintenance Services, Industrial Repairing Service.

Who are the key members and board of directors at Abg Shipyard?

Executive Team (1)

NameDesignationAppointment DateStatus
Hasmukh Daftary Country flag representing In CFO17-Dec-2014Current

Board Members (7)

NameDesignationAppointment DateStatus
Sushilkumar Agarwal Country flag representing In Director 18-May-2015Current
Rishi Agarwal Country flag representing In Director 11-Feb-1989Current
Muthuswamy Santhanam Country flag representing In Whole-Time Director 13-Nov-2013Current
Ashwani Kumar Country flag representing In Director 30-Sep-2010Current
Ravi Nevatia Country flag representing In Director 13-Aug-2015Current
Rajani Poddar Country flag representing In Director 27-Jan-2017Current

Financial Performance of Abg Shipyard.

Abg Shipyard Ltd, for the financial year ended 2016, experienced significant reduction in revenue, with a 90.6% decrease. The company also saw a substantial fall in profitability, with a 312.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 451.69%.

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
-90.60%
Revenue from Operations
-91.26%
Total Assets
-10.22%
Profit or Loss
-312.69%
Net Worth
-451.69%
EBITDA
-522.49%

What is the Ownership and Shareholding Structure of Abg Shipyard?

In 2016, Abg Shipyard had a promoter holding of 33.26% and a public holding of 66.74%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32,913.68 Cr

Satisfied Charges

₹1,750.02 Cr

Charges Breakdown by Lending Institutions

  • 3I Infotech Trusteeship Services Limited : 25986.10 Cr
  • Icici Bank Limited : 4138.90 Cr
  • Indian Overseas Bank : 436.25 Cr
  • Yes Bank Limited : 328.00 Cr
  • Axis Trustee Services Limited : 300.00 Cr
  • Others : 1724.43 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 2015Il & Fs Trust Company Limited₹50.00 CrOpen
01 Sep 20143I Infotech Trusteeship Services Limited₹15,839.10 CrOpen
05 Apr 2014Indian Overseas Bank₹21.00 CrOpen
04 Dec 2013Icici Bank Limited₹600.20 CrOpen
09 Aug 2013Srei Infrastructure Finance Limited₹40.00 CrOpen

How Many Employees Work at Abg Shipyard?

Abg Shipyard has a workforce of 0 employees as of Apr 01, 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 Abg Shipyard, 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 Abg Shipyard'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 Abg Shipyard

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 27 Mar 2012 with Charge ID 10350036 was modified on 17 Mar 2017.

    17 Mar 2017

  • Director Appointment

    Rajani Poddar was appointed as a Director was appointed as a Director on 27 Jan 2017 & has been associated with this company since 8 years 3 days .

    27 Jan 2017

  • Annual General Meeting

    Abg Shipyard Ltd last Annual general meeting of members was held on 19 Sep 2016 as per latest MCA records.

    19 Sep 2016

  • Director Appointment

    Anilraj Chellan was appointed as a Nominee Director was appointed as a Nominee Director on 08 Sep 2016 & has been associated with this company since 8 years 4 months .

    08 Sep 2016

  • Balance Sheet

    Abg Shipyard Ltd has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.

    31 Mar 2016

  • Director Appointment

    Ravi Vimal Nevatia was appointed as a Director was appointed as a Director on 13 Aug 2015 & has been associated with this company since 9 years 5 months .

    13 Aug 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Abg Shipyard Ltd was incorporated on 15 Mar 1985.

  • The authorized share capital of Abg Shipyard Ltd is ₹ 17,000.00 Cr and paid-up capital is ₹ 201.50 Cr.

  • Currently 8 directors are associated with Abg Shipyard Ltd.

    • Rishi Kamlesh Agarwal
    • Muthuswamy Santhanam
    • Ashwani Kumar
    • Sushilkumar Agarwal
    • Ravi Vimal Nevatia
    • Rajani Poddar
    • Anilraj Chellan
    • Hasmukh Dahyalal Daftary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abg Shipyard Ltd is Magdala Villageoff Dumas Road, Surat, Gujarat, India, 395007.

  • The corporate identification number (CIN) of Abg Shipyard Ltd is L61200GJ1985PLC007730 and the company number is 007730 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abg Shipyard Ltd is https://www.abgindia.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Abg Shipyard Ltd has fallen by -90.60%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Abg Shipyard Ltd has experienced an downturn of -451.69%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Abg Shipyard Ltd amount to ₹ 32,913.68 Cr.

  • The most recent Balance Sheet for Abg Shipyard Ltd was filed with the ROC on 31 Mar 2016.

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