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ABG Shipyard Ltd.

BSE Live

May 15, 16:00
1.12 0.00 (0.00%)
Volume
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2,715
  • Prev. Close

    1.12

  • Open Price

    1.12

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    1.12 (16800)

ABG Shipyard is not traded on BSE in the last 30 days

NSE Live

May 15, 15:31
1.20 0.00 (0.00%)
Volume
No Data Available
12,142
  • Prev. Close

    1.20

  • Open Price

    1.20

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

ABG Shipyard is not traded on NSE in the last 30 days
Company History - ABG Shipyard
ABG Shipyard Ltd., the flagship company of ABG group was incorporated
 in the year 1985 as Magdalla Shipyard Pvt. Ltd. with the main objects
 of carrying Shipbuilding and Ship Repair business. In a span of 15
 years from the year 1991, the company has achieved the status of the
 largest private sector shipbuilding yard in India with satisfied
 customer base all around the world. The registered office and the
 yard are situated at Surat in the state of Gujarat and the corporate
 office is in Mumbai. 
 
 Our Shipyard has state of the art, manufacturing facilities including
 a Ship-lift Facility with a lift capacity of 4500 tons, side transfer
 facilities, CNC plasma cutting machine, Bending rolls, Hydraulic
 press, Cold shearing machine, Frame bending machine and steel
 processing machinery. The Shipyard also has blasting shop and
 fabrication shop covered in 4 bays of 150 x 30 M each equipped with
 20T EOT Cranes. The manufacturing process is in line with world-class
 standards and the Yard is certified by DNV for ISO 9001:2000.
 
 During past decade, the Shipyard has constructed and delivered
 Eighty-eight (88) Vessels including Specialized and Sophisticated
 vessels like Interceptor Boats, Self Loading and Discharging Bulk
 Cement Carriers, Floating Cranes, Articouple Tugs and Flotilla, Split
 Barges, Bulk Carriers, Newsprint Carriers, Offshore Supply Vessels,
 Dynamic Positioning Ships, Anchor Handling Tug Supply Vessels,
 Multi-purpose Support Vessel, Diving Support Vessels, etc. for
 leading companies in India and abroad. 
 
 ABG Shipyard has successfully delivered 2 Nos. Interceptor Boats (45
 knots vessels) in Aluminium hull with Water Jet Propulsion to the
 Indian Coast Guard, 2 x 4000 DWT Cement Carriers for Cement Ambuja
 International, Mauritius, 4 x 50T Bollard Pull SRP Tugs for
 Wijsmuller, Holland (An A.P.Moller & Co.). The most recent deliveries
 have been 4 x 60.8M Anchor Handling Tugs / Supply Vessels & 1 x 42M
 Well Head Maintenance Vessel (Aluminium Hull) for Halul Offshore,
 Doha, Qatar, 1 x 50M Well Test / Supply Vessel and 1 x 56M Well Test
 / DPS-2 Vessel for Al Mansoori Production Services, Abu Dhabi, 3 x
 47M  80T Multipurpose Vessel for Lamnalco Group, Sharjah, 4 x
 Utility Vessel for Zamil Operation & Maintenance Company Ltd., 1 No.
 60.8M Diving Support Vessel  DP1 Halul Offshore Co., Doha are ready
 for delivery and 1 No. 83.5M Dynamic Positioning  DP2 Type Vessel
 with Diesel Electric Propulsion for Consolidated Contractors
 Construction Co., UAE. 
 
 The Yard has recently been awarded an order for 2 Nos. 53M  90T B.
 P. ASD Vessels from Lamnalco Group, UAE. We have also received Orders
 for 1 No. 90M Pipe Lay Barge, 5 Nos. 61M Anchor Handling Tug Supply
 Vessels and 1 No. 78M DPS-2 Diving Support Vessel from Maridive,
 Egypt, 3 Nos. 94M Pollution Control Vessels for Indian Coast Guard, 
 4 Nos. Articoupled Barges for Essar Shipping, 4 Nos. 63M Anchor
 Handling Tug Supply Vessels from Seatankers Management Co. Ltd.,
 Norway and 1 No. 60.8M Offshore Supply / Supply Vessel from VROON B.
 V., Netherlands. ABG Shipyard Ltd is also proud of getting a
 prestigious order for 500 passenger vessel from the Administration of
 Andaman and Nicobar Administration, Port Blair, which is under
 construction presently.
 
 The Yard has Multiple Building Berths, 2 Dry-docks, 125 m x 22.5 m X
 5.6 m Fitted with Computerised Synchronous Shiplift Platform, of 4500
 Tonnes Lifting Capacity and 155 m X 30 m x 7.5 m, Graving Drydock
 served by 80-T Goliath Crane span 50 m, height 35 m. and substantial
 cranage like NCK Rapier 150T Capacity, Tata P & H Make, 60-T
 Capacity, HM Make, 50-T Capacity, PPM 80T Capacity. The Shiplift
 Facility enables the yard to simultaneously build and repair many
 vessels and gives the yard a tremendous logistical advantage and
 flexibility.
 The Shipyard has executed many prestigious Shipbuilding and
 Ship-repair contracts against stiff International Competition for
 both Export and Domestic Markets. All these vessels have performed
 very well, thus establishing its reputation for building and
 delivering vessels of the best quality at competitive prices and
 delivery periods. The Ship Repair Division has successfully repaired
 and refurbished Dredgers, Ethylene Carriers, Bulk Carriers, Offshore
 Supply Vessels and Coast Guard Vessels. 
 
 2005
 
 -ABG Shipyard's initial public offering (IPO) of 85 lakh equity
 shares has been priced Rs 155-185 per share.
 
 2006
 
 -ABG Shipyard secures order from Lamnalco, Cyprus
 
 -ABG Shipyard secures order from Vroon BV.
 
 -ABG Shipyard Ltd has informed that the Company has secured a repeat
 order, from Gujarat Ambuja Cements Ltd (GACL) for construction of 1
 No. Self Loading & Unloading vessel of 4000 DWT Bulk Cements Carrier
 at a price of USD 9.90 Mio. Approximately.
 
 2007
 
 -ABG Shipyard Ltd has signed a Memorandum of Understanding (MOU) for
 acquisition of Vipul Shipyard (Vipul) situated adjacent to the
 Company's existing shipyard at Magdalla Port, District-Surat,
 Gujarat.
 
 -ABG Shipyard Ltd has informed that Lamnalco Ltd, Cyprus has placed
 repeat order for 2 vessels amounting to USD 34.20 million. The
 vessels will be a 53 M LOA 80T B P Azimuthing Production Support
 Vessel.
 
 2008
 
 - ABG Shipyard Ltd has bagged a prestigeous order for the
 construction of 3 units of sub-sea multi purpose vessels from Sealion
 Shipping Ltd on behalf of Toisa Ltd. These vessels are designed for a
 world class subsea and ROV support duties. The total order size is
 approx. Rs. 585 cr (US $ 136.65 Mio).
 
 2009
 
 - ABG Shipyard Ltd has appointed Mr. Ashwani Kumar as an Additional
 Director (independent Director) of the Company at the Board Meeting
 held on December 08, 2009.
 
 - Mr. Ashwani Kumar has been appointed as an Additional Director
 (independent Director) of the Company.
 
 
 2010
 
 - ABG Shipyard, the ship builder, today said it has bagged a contract
 valued at USD 85.5 million (about Rs 376 crore) for the construction
 of three cement carriers. 
 
 - India-based ABG Shipyard Company, the flagship company of ABG
 group, India's leading private shipbuilder, has entered into a joint
 venture (JV) with Sierra Leone based Sierra Leone Exploration Mining
 Company (SLEMCO) for mining bauxite in northern Sierra Leone.
 
 - Company has been awarded with a 'Shield for Star Performer as Large
 Enterprise' in the product group of Miscellaneous Transport Equipment
 and Parts in recognition of Company's outstanding contribution to
 Engineering Exports.
 
 - ABG Bags Order worth approx. USD 82.5 Million (approx. Rs. 370.00
 crores).
 
 - ABG bags Export order worth Rs. 2000.00 crores for construction of
 2 Jack Up Rigs.
 
 
 2011
 
 - Company has signed first of its kind contract with INDIAN NAVY for
 construction of two CADET TRAINING SHIPS.
 
 
 2012
 
 - ABG Shipyard - ABG Bags Order for Construction of 6 No. Bollard
 Pull AHTS Vessels Worth USD 101.40 Million (Approx. Rs. 500 Cr).
 
 - Mumbai based shipbuilding company, ABG Shipyard today said it has
 received an order worth Rs 485 crore from Indian Navy for
 construction of 1 additional Cadet Training Ship.
 
 2013
 -ABG Shipyard Ltd has informed that the Company has appointed Mr.
 Sunil Agarwal as Company Secretary of the Company with effect from
 April 01, 2013.
 -ABG Shipyard Ltd has informed that the Company has appointed Mr.
 Rajesh Tulsiani as Chief Financial Officer of the Company w.e.f.
 March 01, 2013
 
 2014
 -ABG Shipyard Ltd has informed that the Company has appointed Mr.
 Hasmukh D. Daftary as Chief Financial Officer of the Company w.e.f.
 December 18, 2014 in place of Mr. Rajesh Tulsiani, who has resigned
 and ceased from the office of Chief Financial Officer of the
 Company.