Abg Shipyard Ltd - transport and logistics in Surat, Gujarat, India. FY 2026 financials and compliance.
CIN L61200GJ1985PLC007730 Incorporated 15 March 1985 ROC Ahmedabad HQ Surat, Gujarat, India
Under Liquidation Listed Public Limited Company transport and logistics
Data last updated
Revenue · FY 2018
₹8.75 Cr
▼ 58.00% YoY
EBITDA · FY 2018
Locked
In full report
Net profit · FY 2018
Locked
In full report
Authorised capital
₹17,000 Cr
Registered with MCA
Paid-up capital
₹201.5 Cr
Issued & subscribed
Open charges
₹32,914 Cr
Satisfied ₹1,750.02 Cr
Company age
41 yrs
Est. 1985
Last financials
Mar 2016
Balance sheet date

About Abg Shipyard Ltd

Data last updated: 24 June 2025

Abg Shipyard Ltd is a public limited company based in Surat, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in shipbuilding and repair services, a part of the broader transport and logistics sector. Incorporated on 15 March 1985, the company has been in operation for over 41 years.

Registered with ROC Ahmedabad under CIN L61200GJ1985PLC007730. Listed.

Capital: an authorised share capital of ₹17,000 Cr and a paid-up capital of ₹201.5 Cr. Formerly known as Magdala Shipyard Private Limited and Abg Shipyard Private Limited. It is led by directors including Ravi Vimal Nevatia and Sushilkumar Agarwal.

Last AGM: 19 September 2016. Financial statements filed for year ended 31 March 2016. Office: Magdala Villageoff Dumas Road, Surat, Gujarat, India – 395007.

As per the financials filed for FY 2018, the company reported a revenue of ₹8.75 Cr, a decline of 58% compared to the previous year.

Its group structure includes 4 subsidiaries.

The company is associated with 1 brand - Abg Shipyard. As per MCA filings, the company has open charges of ₹32,914 Cr and satisfied charges of ₹1,750.02 Cr on record.

The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is abgindia.com.

Company Details of Abg Shipyard Ltd
CIN L61200GJ1985PLC007730
Registration Number 007730
Incorporation Date 15 March 1985
ROC Ahmedabad
Listing Status Listed
Company Status Under Liquidation
Date of Last AGM 19 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Magdala Villageoff Dumas Road, Surat, Gujarat, India – 395007
  • Industry
    Transport and Logistics, Shipbuilding & Repair Services
Company report
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Financials, compliance, directors, charges, ownership and filings for Abg Shipyard Ltd in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Abg Shipyard Ltd

Abg Shipyard Ltd has undergone 2 name changes throughout its history. The company was previously known as Magdala Shipyard Private Limited, and Abg Shipyard Private Limited. The current legal name is Abg Shipyard Ltd, reflecting the company's evolution and rebranding over time.

Company Name Status
Abg Shipyard Ltd Current
Magdala Shipyard Private Limited Previous
Abg Shipyard Private Limited Previous

Associated Brands with Abg Shipyard Ltd

Abg Shipyard Ltd operates one associated brand: ABG Shipyard. These brands represent Abg Shipyard Ltd's diversified market presence and brand portfolio.

Brand Description Website
Ships are constructed by ABG Shipyard in the private sector. abgindia.com

Business Activity of Abg Shipyard Ltd

Abg Shipyard Ltd is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C11 Motor vehicles, trailers, semi trailers and other Transport Vehicles Locked
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Auditor Details of Abg Shipyard Ltd

Abg Shipyard Ltd is audited by NISAR & KUMAR for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
NISAR & KUMAR Locked Locked Locked
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Board of Directors of Abg Shipyard Ltd

Abg Shipyard Ltd is currently managed by 3 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Ravi Vimal Nevatia Director 13 Aug 2015 11 Years 0 Months As last reported
Sushilkumar Agarwal Director 18 May 2015 11 Years 3 Months As last reported
Rishi Kamlesh Agarwal Director 11 Feb 1989 37 Years 6 Months As last reported

Financials of Abg Shipyard Ltd FY 2016 filings available

Abg Shipyard Ltd reported revenue of ₹8.75 Cr (down 58.00% YoY) for FY 2018.

Revenue · FY 2018
₹8.75 Cr ▼ 58.00%
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Ownership and Shareholding of Abg Shipyard Ltd

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Shareholding and ownership data for Abg Shipyard Ltd

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Group Structure of Abg Shipyard Ltd

Abg Shipyard Ltd has 4 subsidiary companies and 2 associated companies. This group structure data is as of FY 2016. The corporate group structure reflects Abg Shipyard Ltd's business expansion strategy and organizational complexity.

4
Subsidiary companies
2
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Western India Shipyard Limited L35111GA1992PLC002464 Locked
Western India Shipyard Limited L35111GA1992PLC002464 Locked
Sanyukta Shipping & Logistics Private Limited U11100MH2012PTC225894 Locked
Sanyukta Shipping & Logistics Private Limited U11100MH2012PTC225894 Locked

Showing major subsidiaries. Total: 4.

Charges & Borrowings of Abg Shipyard Ltd

Open charges
₹32,914 Cr
Satisfied charges
₹1,750.02 Cr
Breakdown by lending institutions
3I Infotech Trusteeship Services Limited₹25,986.10 Cr
Icici Bank Limited₹4,138.90 Cr
Indian Overseas Bank₹436.25 Cr
Yes Bank Limited₹328.00 Cr
Axis Trustee Services Limited₹300.00 Cr
Others₹1,724.43 Cr
Latest charge details
DateLenderAmountStatus
22 Jan 2015 Il & Fs Trust Company Limited ₹50 Cr Open
01 Sep 2014 3I Infotech Trusteeship Services Limited ₹15,839 Cr Open
05 Apr 2014 Indian Overseas Bank ₹21 Cr Open
04 Dec 2013 Icici Bank Limited ₹600.2 Cr Open
09 Aug 2013 Srei Infrastructure Finance Limited ₹40 Cr Open

Total charge records: 67 View all charges

Employees and EPFO Compliance at Abg Shipyard Ltd

Abg Shipyard Ltd has a workforce of 0 employees as of Apr 01, 2024.

Active EPFO establishments
2
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Employee and EPFO history for Abg Shipyard Ltd

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GST Compliance of Abg Shipyard Ltd

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GST registrations and filing compliance for Abg Shipyard Ltd

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Credit Ratings, Litigation & Regulatory Alerts for Abg Shipyard Ltd

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Credit ratings, litigation, and regulatory alerts for Abg Shipyard Ltd

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MSME Payment Delays by Abg Shipyard Ltd

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MSME payment history for Abg Shipyard Ltd

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Subsidiaries & Group Companies of Abg Shipyard Ltd

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Corporate group structure for Abg Shipyard Ltd

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MCA Filings & Documents of Abg Shipyard Ltd

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MCA filings and documents for Abg Shipyard Ltd

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Recent Activity on Abg Shipyard Ltd

Charges
17 Mar 2017
A charge with Others of Rs. 100.00 Cr registered on 27 Mar 2012 with Charge ID 10350036 was modified on 17 Mar 2017.
Activity
19 Sep 2016
Abg Shipyard Ltd last Annual general meeting of members was held on 19 Sep 2016 as per latest MCA records.
Activity
31 Mar 2016
Abg Shipyard Ltd has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.
Directors
13 Aug 2015
Ravi Vimal Nevatia was appointed as a Director on 13 Aug 2015 & has been associated with this company since 11 years 7 days.
Directors
18 May 2015
Sushilkumar Agarwal was appointed as a Director on 18 May 2015 & has been associated with this company since 11 years 3 months.
Charges
22 Jan 2015
A charge with Il & Fs Trust Company Limited amounted to Rs. 50.00 Cr with Charge ID 10566621 was registered on 22 Jan 2015.

Frequently Asked Questions about Abg Shipyard Ltd

Abg Shipyard Ltd is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Abg Shipyard Ltd is a company under liquidation, formerly operating as a public limited company in the transport and logistics sector based in Surat, Gujarat, India. It was incorporated on 15 March 1985 and is registered under CIN L61200GJ1985PLC007730. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Abg Shipyard Ltd reported revenue of ₹8.75 Cr for FY 2018 (down 58.00% YoY).

The current directors of Abg Shipyard Ltd are:

The CIN (Corporate Identification Number) of Abg Shipyard Ltd is L61200GJ1985PLC007730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Abg Shipyard Ltd is a listed company.

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