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Open
18 Nov 2005
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Close
26 Nov 2005
3
Allotment
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Listing
Tue, Dec 13, 2005
Price Band
₹155 to ₹185
Issue Size
85,00,000 shares (agg. up to ₹157 Cr)
Listing Date
Tue, Dec 13, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 54.85x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 425.20 | 263.30 | 177.30 |
| Total Income | 216.00 | 304.10 | 207.20 |
| Profit After Tax | 32.60 | 50.30 | 7.20 |
| NET Worth | 242.90 | 98.80 | 48.50 |
| Reserves and Surplus | 255.00 | 121.90 | 93.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bharati Shipyard Ltd. | Mainboard | ₹82.50 Cr | ₹66 | null | ₹127.95 | +93.86% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Cost of setting up a new shipyard (including margin money) | 400.00 |
| 2 | Incremental Working Capital Margin for existing business | 50.00 |
| 3 | General Corporate purposes | 30.55 |
| 4 | Issue Expenses | 11.70 |
| Total | 492.25 |
About ABG Shipyard IPO
Incorporated in 1985, ABG Shipyard Limited is engaged in the shipbuilding and ship repair business, catering to both commercial and government clients in India and overseas. The company manufactures a wide range of marine vessels, including bulk carriers, deck barges, interceptor boats, anchor handling supply vessels, diving support ships, tugs, and offshore vessels.The company operates a shipyard at Magdala near Surat, Gujarat, located on the banks of the Tapi River. The facility is equipped with advanced infrastructure such as a shiplift system, dry docks, fabrication shops, CNC-based machinery, and multiple building berths, enabling simultaneous construction and repair of vessels. The shipyard has the capability to build ships up to 155 meters in length and up to 20,000 DWT, along with indoor facilities for aluminium vessels. ABG Shipyard employs modular construction and advanced outfitting techniques to enhance efficiency and optimize resources. It has delivered over 88 ships since 1990 and continues to execute orders for domestic and international customers across sectors such as oil, defence, and shipping. The company is also expanding its capacity through a new shipbuilding
Contact Details
ABG Shipyard Ltd. AddressMagdala PortDumas RoadSurat, Gujarat, 395007+91 261 272 519ipo@abgindia.comVisit Website