Abg Shipyard Profile
Key Indicators
- Authorised Capital ₹ 17,000.00 Cr
- Paid Up Capital ₹ 201.50 Cr
- Company Age 40 Year, 1 Month
- 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 40 Year, 1 Month 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
- Website
- 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.
Abg Shipyard Ltd
Explore comprehensive data for Abg Shipyard Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Abg Shipyard?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hasmukh Daftary  | CFO | 17-Dec-2014 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sushilkumar Agarwal | Director | 18-May-2015 | Current |
| Anilraj Chellan | Nominee Director | 08-Sep-2016 | Current |
| Rajani Poddar | Director | 27-Jan-2017 | Current |
| Ravi Nevatia | Director | 13-Aug-2015 | Current |
| Ashwani Kumar | Director | 30-Sep-2010 | Current |
| Muthuswamy Santhanam | Whole-Time Director | 13-Nov-2013 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sanjana Cryogenic Storages LimitedRavi Nevatia is a mutual person
Abg Motors LimitedMuthuswamy Santhanam is a mutual person
- Aries Management Services Private Limited
Muthuswamy Santhanam is a mutual person
- Tirupati Landmark Private Limited
Muthuswamy Santhanam is a mutual person
- Somerset Estate Private Limited
Muthuswamy Santhanam is a mutual person
- Vadraj Energy (Gujarat) Limited
Rishi Agarwal is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2015 | Il & Fs Trust Company Limited | ₹50.00 Cr | Open |
| 01 Sep 2014 | 3I Infotech Trusteeship Services Limited | ₹15,839.10 Cr | Open |
| 05 Apr 2014 | Indian Overseas Bank | ₹21.00 Cr | Open |
| 04 Dec 2013 | Icici Bank Limited | ₹600.20 Cr | Open |
| 09 Aug 2013 | Srei Infrastructure Finance Limited | ₹40.00 Cr | Open |
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.
Deals i
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
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
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.
- 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 months .
- Annual General Meeting
Abg Shipyard Ltd last Annual general meeting of members was held on 19 Sep 2016 as per latest MCA records.
- 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 7 months .
- Balance Sheet
Abg Shipyard Ltd has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.
- 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 8 months .
Recent News, Updates & Announcement
- Lenders angry with Sanjeev Gupta for taking Liberty with top bids | Mint.
Liberty House has backed out after placing the winning bids for Amtek Auto, ABG Shipyard and Adhunik Metaliks.Angry lenders have since sued Liberty House and want the firm barred from bidding for distressed assets in India under the IBC.
- ABG Shipyard heads to NCLT breaking yard.
A year ago, the shipbuilder owed Rs 18,245 crore to the lenders.
- ABG Shipyard initiates liquidation process under IBC.
ABG Shipyard is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code (IBC, 2016) as per the NCLT orders. .
- National Company Law Tribunal orders liquidation of ABG Shipyard.
The liquidation orders were pronounced at a courtroom on Friday after Liberty Houses plea was heard by the tribunal..
Frequently asked questions
What is the Incorporation or founding date of Abg Shipyard Ltd?
Abg Shipyard Ltd was incorporated on 15 Mar 1985.
What is authorized share capital and paid-up capital of Abg Shipyard Ltd?
The authorized share capital of Abg Shipyard Ltd is ₹ 17,000.00 Cr and paid-up capital is ₹ 201.50 Cr.
Who are the current board members & directors of Abg Shipyard Ltd?
Currently 8 directors are associated with Abg Shipyard Ltd.
- Hasmukh Dahyalal Daftary
- Anilraj Chellan
- Rajani Poddar
- Ravi Vimal Nevatia
- Sushilkumar Agarwal
- Ashwani Kumar
- Muthuswamy Santhanam
- Rishi Kamlesh Agarwal
What is the registered address of Abg Shipyard Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Abg Shipyard Ltd is Magdala Villageoff Dumas Road India, Surat, Gujarat, 395007.
What is the corporate identification number (CIN) and company number of Abg Shipyard Ltd?
The corporate identification number (CIN) of Abg Shipyard Ltd is L61200GJ1985PLC007730 and the company number is 007730 as per Ministry of Corporate Affairs (MCA).
What is the official website of Abg Shipyard Ltd?
The Official website of Abg Shipyard Ltd is https://www.abgindia.com
What has been the recent revenue trend for Abg Shipyard Ltd?
According to the financial reports for the fiscal year 2016, the revenue trend for Abg Shipyard Ltd has fallen by -90.60%.
What change has been observed in the net worth of Abg Shipyard Ltd, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Abg Shipyard Ltd has experienced an downturn of -451.69%.
What are the total open charges for Abg Shipyard Ltd?
As per the financial statements for fiscal Year 2016, The total open charges for Abg Shipyard Ltd amount to ₹ 32,913.68 Cr.
When was the last Balance Sheet of Abg Shipyard Ltd filed with the ROC?
The most recent Balance Sheet for Abg Shipyard Ltd was filed with the ROC on 31 Mar 2016.
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