About Abg Shipyard LTD
Data last updated:
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.
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- Website
- Social Media
- Registered AddressMagdala Villageoff Dumas Road, Surat, Gujarat, India – 395007
- IndustryTransport and Logistics, Shipbuilding & Repair Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Abg Shipyard
Abg Shipyard 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.
| Company Name | Status |
|---|---|
| Abg Shipyard LTD | Current |
| Magdala Shipyard Private Limited | Previous |
| Abg Shipyard Private Limited | Previous |
Associated Brands with Abg Shipyard
Abg Shipyard operates one associated brand: ABG Shipyard. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ships are constructed by ABG Shipyard in the private sector. | abgindia.com |
Business Activity of Abg Shipyard
The main business activity of Abg Shipyard is manufacturing. In detail, this covers 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 |
Business activity turnover details for Abg Shipyard LTD
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Abg Shipyard
Abg Shipyard LTD is audited by NISAR & KUMAR for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NISAR & KUMAR | Locked | Locked | Locked |
Complete auditor history for Abg Shipyard LTD
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Abg Shipyard LTD
Abg Shipyard has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Vimal Nevatia Also directs: Sanjana Cryogenic Storages Limited | Director | 13 Aug 2015 | 11 Years 1 Months | As last reported |
| Sushilkumar Agarwal | Director | 18 May 2015 | 11 Years 4 Months | As last reported |
| Rishi Kamlesh Agarwal | Director | 11 Feb 1989 | 37 Years 7 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.
Ten-year financial statements for Abg Shipyard LTD
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Abg Shipyard
Shareholding and ownership data for Abg Shipyard LTD
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Abg Shipyard LTD
Abg Shipyard has 4 subsidiary companies and 2 associated 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 |
|---|---|---|
| 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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Abg Shipyard LTD has a workforce of 0 employees as of Apr 01, 2024.
Employee and EPFO history for Abg Shipyard LTD
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Abg Shipyard
GST registrations and filing compliance for Abg Shipyard LTD
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Abg Shipyard
Credit ratings, litigation, and regulatory alerts for Abg Shipyard LTD
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Abg Shipyard
MSME payment history for Abg Shipyard LTD
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Abg Shipyard
Corporate group structure for Abg Shipyard LTD
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Abg Shipyard
MCA filings and documents for Abg Shipyard LTD
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Abg Shipyard
Recent News on Abg Shipyard
Frequently Asked Questions about Abg Shipyard LTD
Abg Shipyard 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 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 reported revenue of ₹8.75 Cr for FY 2018 (down 58.00% YoY).
The current directors of Abg Shipyard are:
- Ravi Vimal Nevatia - Director
- Sushilkumar Agarwal - Director
- Rishi Kamlesh Agarwal - Director
The CIN (Corporate Identification Number) of Abg Shipyard 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 is a listed company.