Abg Energy Limited
About Abg Energy Limited
Data last updated:
Abg Energy Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Abg International Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40109MH2007PLC172337. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹45.05 Cr. It was formerly known as Abg Energy Private Limited. It is led by directors including Vijay Prakash Sharma and Damodar Prasad Gupta.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 5th Floor Bhupati Chambers 13 Mathew Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2016, the company reported a revenue of ₹51,000, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹3.77 Lakh and EBITDA of -₹4.21 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹107.07 Cr and satisfied charges of ₹40 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Abg Energy has one previous CIN (Corporate Identification Number): U40109MH2007PTC172337. The current CIN is U40109MH2007PLC172337, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109MH2007PLC172337 | Current |
| U40109MH2007PTC172337 | Previous |
Contact details
Abg Energy Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address5th Floor Bhupati Chambers 13 Mathew Road, Mumbai, Maharashtra, India – 400004
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Abg Energy Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Abg Energy Limited
FY 2016 filings availableAbg Energy Limited reported revenue of ₹51,000 (down 79% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 79% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹51,000 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.21 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.77 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Abg Energy Limited, buy the company report.
Board of directors of Abg Energy Limited
Abg Energy has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Prakash Sharma Also directs: Vadraj Energy (Gujarat) Limited | Director | 14 Aug 2014 | 12 Years 2 Months | Current |
| Damodar Prasad Gupta Also directs: Abg Energy Himachal Pradesh Limited | Additional Director | 16 Sep 2016 | 10 Years 1 Months | Current |
| Rajesh Madhukar Wairkar | Additional Director | 08 May 2017 | 9 Years 5 Months | Current |
Auditor
Abg Energy Limited is audited by RISHABH D JAIN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHABH D JAIN & CO | FY 2016 | 125059W |
Shareholding
The shareholding of Abg Energy Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Abg Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2009 | 10191570 | Punjab National Bank | ₹107.07 Cr | Open | |
| 02 Feb 2010 | 10203522 | Andhra Bank | ₹40 Cr | Satisfied |
To see the full charge records of Abg Energy Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Abg Energy Limited has 9 court cases on record: 9 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Prize Petroleum Company Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by Ifci Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Prize Petroleum Company Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Prize Petroleum Company Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Ifci Limited | Disposed |
To see the full case history of Abg Energy Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abg Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Abg Energy has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Abg Energy (M.P)Limited | U40300MH2010PLC209166 | |
| Abg Energy (M.P.) Limited | U40300MH2010PLC209166 |
To see the full group structure of Abg Energy Limited, buy the company report.
Employees & EPFO
Abg Energy Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Abg Energy has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Abg Energy Limited, buy the company report.
Recent activity
Abg Energy Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Vijay Prakash Sharma ceased to be Director on 28 Jun 2019.
7 earlier events are in the company report.
Frequently asked questions
Abg Energy is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 July 2007 (19+ years old) and is registered under CIN U40109MH2007PLC172337.
Abg Energy has 3 current directors:
- Vijay Prakash Sharma - Director
- Damodar Prasad Gupta - Additional Director
- Rajesh Madhukar Wairkar - Additional Director
The latest financial statements of Abg Energy on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Abg Energy has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Abg Energy is U40109MH2007PLC172337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abg Energy has 9 court cases on record: 9 filed against it. 1 is pending. Most are in the high courts.
Abg Energy was incorporated on 13 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Prakash Sharma ceased to be Director on 28 Jun 2019. Rajesh Madhukar Wairkar ceased to be Additional Director on 18 Aug 2018. Damodar Prasad Gupta ceased to be Additional Director on 21 Sep 2017. Abg Energy has 13 board changes on record in total.
The registered office of Abg Energy is at 5th Floor Bhupati Chambers 13 Mathew Road, Mumbai, Maharashtra, India – 400004.
Abg Energy operates in the business outsourcing industry, in the business and IT consulting segment.