Aban Offshore

Chennai, India Founded: 1986 • Age: 40 yrs
Offshore drilling services provided to oil and gas industry.
Annual revenue $55.7M Latest available
Total funding $4.5M 1 rounds
Employees 418 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Aban Offshore

Aban Offshore is a company based in Chennai (India) founded in 1986. Aban Offshore has raised $4.51 million across 1 funding round from investors including Goldman Sachs. The company has 418 employees as of March 31, 2024. Aban Offshore offers products and services including Offshore Drilling Services and Fleet Management Services.

  • Headquarter Chennai, India
  • Employees 418 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aban Offshore Limited
Operational Areas
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $55.72 M (USD)
    19.01
    as on Mar 31, 2025
  • Net Profit
    -$104.06 M (USD)
    32.51
    as on Mar 31, 2025
  • EBITDA
    $40.38 M (USD)
    0
    as on Mar 31, 2025
  • Total Equity Funding
    $4.51 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4.51 M (USD), Private Equity Round

    Feb 03, 2012

  • Investors
  • Employee Count
    418

    as on Mar 31, 2024

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IPO & Listings of Aban Offshore

Aban Offshore is a publicly listed company on the NSE with ticker symbol ABAN in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: ABAN · Sector: Industrial services · India

Products & Services of Aban Offshore

Aban Offshore offers a comprehensive portfolio of products and services, including Offshore Drilling Services and Fleet Management Services.

Product name locked
Category locked
Primary

Drilling services are offered for oil and gas exploration, utilizing specialized rigs to meet industry demands.

Product name locked
Category locked
Locked

Management of drilling fleets is conducted to support exploration activities and ensure operational efficiency.

People of Aban Offshore

Headcount 200-500
Employee Profiles 28
Employee Profiles
People
Kevin Myers
Rig Maintenance Supervisor
People
Anil Chavan
Purchase & Logistics Officer
People
Sebastian Cristescu
Barge Engineer
People
Prashant Srivastav
Solid Control Engineer / Mechanic

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Funding Insights of Aban Offshore

Aban Offshore has successfully raised a total of $4.51M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $4.51 million completed in February 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Aban Offshore

Aban Offshore has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Goldman Sachs.

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Venture Fund
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
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Investor details for Aban Offshore

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Investments & Acquisitions by Aban Offshore

Investments
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Investment portfolio details for Aban Offshore

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Financial Statements - Aban Offshore

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Detailed financials for Aban Offshore

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Aban Offshore Comparisons

Aban Offshore Primary company
Description
Offshore drilling services provided to oil and gas industry.
Location
Chennai, India
Founded Year
1986
Annual Revenue
$55.72 M (USD)
Net Profit
-$104.06 M (USD)
EBITDA
$40.38 M (USD)
Employees
418
As of 2024
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Peer comparison for Aban Offshore

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Competitors of Aban Offshore

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Detailed competitors of Aban Offshore

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Latest news on Aban Offshore

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Complete news archive for Aban Offshore

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Frequently Asked Questions about Aban Offshore

Aban Offshore was founded in 1986 and raised its 1st funding round 26 years after it was founded.

Aban Offshore is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Reji Abraham is the current CEO of Aban Offshore.

Aban Offshore is a funded company, having raised a total of $4.51M across 1 funding round to date.

As of Mar 31, 2024, the latest employee count at Aban Offshore is 418.

Annual revenue of Aban Offshore is $55.72M as on Mar 31, 2025.

Aban Offshore was founded in 1986 and is headquartered in Chennai, India. Offshore drilling services are supplied to the oil and gas sector, with self-elevating units utilized for exploration and production. A fleet of jack-up rigs is operated in diverse water depths, covering full drilling operations. Emphasis is placed on quality systems, health, safety, and environmental standards. Multiple offices are established worldwide to serve international clients.

Aban Offshore offers Offshore Drilling Services and Fleet Management Services.

Yes, Aban Offshore is publicly traded on NSE under the ticker symbol ABAN.

Aban Offshore has 1 investor. Key investors include Goldman Sachs.

The ticker symbol of Aban Offshore is ABAN on NSE.

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