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About
Basic Data Updated:
28 days agoABG Shipyard Ltd is known for its provision of shipbuilding and ship repair services. A wide range of products, including crafts, floating cranes, tugs, flotilla, split barges, bulk carriers, newsprint carriers, offshore supply vessels, positioning ships, anchor handling tug supply vessels and jack-up drilling rigs, are offered by the company. In addition to this, it also specializes in ship repair services such as ship conversion, refurbishment, modernization, up-gradation, retrofitting and rebuilding. The company's manufacturing facilities are strategically located in Gujarat. These facilities include a ‘Ship-Lift Facility' with a lifting capacity of 4,500 tons, side transfer facilities, CNC plasma cutting machine, bending rolls, hydraulic press, cold shearing machine, frame bending machine and steel processing machinery. The company caters to the needs of both commercial and government customers.
Industry
Company Details
- Location
Surat, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | 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 |
Products or Services related to Abg Shipyard Ltd
Software Development Services
Blasting Machine
Marine Service
Industrial Repairing Service
Financials of Abg Shipyard Ltd
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%.
Corporate Structure
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People in Abg Shipyard Ltd
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Executive Team (1)
HD
Hasmukh Daftary
CFOAppointment Date: 17-Dec-2014
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Il & Fs Trust Company Limited Creation Date: 22 Jan 2015 | ₹50.00 Cr | Open |
3I Infotech Trusteeship Services Limited Creation Date: 01 Sep 2014 | ₹15,839.10 Cr | Open |
Indian Overseas Bank Creation Date: 05 Apr 2014 | ₹21.00 Cr | Open |
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
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Alert
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Related Corporates (Common Directorship)
Aries Management Services Private Limited
Active
32 years 9 months Muthuswamy Santhanam is a mutual person
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 2017Director Appointment
Rajani Poddar was appointed as a Director was appointed as a Director on 27 Jan 2017 & has been associated with this company since 7 years 3 months .
27 Jan 2017Annual General Meeting
Abg Shipyard Ltd last Annual general meeting of members was held on 19 Sep 2016 as per latest MCA records.
19 Sep 2016Director 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 7 years 8 months .
08 Sep 2016Balance Sheet
Abg Shipyard Ltd has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.
31 Mar 2016
Recent News, Updates & Announcement
Adani Unit ArcelorMittal JSW in race to buy Vadraj Cement.MergersIndia 17 Nov 2023
- ABG Shipyard to face bankruptcy proceedings.
Deal Street Asia 02 Aug 2017
- ABG Shipyard agrees to insolvency proceedings Mint.
ABG Shipyard admits before the Ahmedabad bench of the NCLT that it had defaulted on loan repayments and agreed for bankruptcy proceedings to be initiated against it.
mint 21 Jul 2017
- ABG Shipyard Sinks with Rs 822 Crore Loss Facing Severe Financial Crisis.
When youre drowning in debt and your shipyard biz is sinking you know its bad ABG Shipyard just reported a whopping Rs 822 crore loss for the last quarter Theyre basically in a deep financial crisis Ouch DebtStruggles ShipyardSinking FinancialCrisis.
DNA India 04 Jul 2017
- ABG Shipyard in Financial Crisis Lenders Seek New Investors as ICICI Bank Gets Impatient.
When youre broke AF but still trying to buy a controlling stake in ABG Shipyard but the lenders are like nah fam we want our money back So now theyre looking for new investors and Reliance Shapoorji and Liberty House are interested But ICICI Bank is getting impatient and might just sell the company to an ARC ABG Shipyard is like dont worry well make a comeback with our worldclass facilities and inventory But lets be real theyre in deep sht and the defence sector is their only hope prayforABG brokebutstilltrying ICICIBankisnotplayinggames defencesectorismybae HTMediavRelianceGroup courtroomdrama.
mint 17 Jan 2017
Frequently asked questions
What is the Incorporation or founding date of Abg Shipyard Ltd?
