Aban Offshore Limited - Company overview

Aban is shown as "Under Cirp" in MCA records.

1986-09-25 Chennai, Tamil Nadu Under Cirp Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹500–1000 Cr
▼ -13.4%
FY 2023
PROFIT / LOSS
Loss · ₹1000+ Cr
▲ 49.9%
FY 2023
EBITDA
Loss · ₹100–500 Cr
▲ 86.6%
FY 2023
NET WORTH
Loss · ₹1000+ Cr
▼ -14.3%
FY 2023
TOTAL ASSETS
₹1000+ Cr
▼ -41.4%
FY 2023
OPEN CHARGES
4
2,579.88 cr
PAID-UP CAPITAL
292.67 cr
AUTHORISED CAPITAL
1,500.00 cr
COMPANY AGE
40 Years 1 Months
since 1986-09-25
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-12
ACTIVE GST
5
Updated: 2023-10-27 20:06:13
SATISFIED CHARGES
102
13,785.86 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Aban covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score High risk
36/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (5), financial health (5), director (90) and company-foundation signals.
  • Operating for 40+ years.
Compliance Score High risk
5/100
Statutory filings, status and regulatory flags.
  • Company status is "Under Cirp" (not Active).
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 13 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Aban Company identity, industry, contact, and registration details from MCA and company records.

Aban is shown as "Under Cirp" in MCA records. It was registered with ROC Chennai on 25 September 1986 as a public limited company. The registered office is at 'Janpriya Crest'96, Pantheon Road, Egmore, Chennai, Tamil Nadu. It was earlier known as Aban Loyd Chiles Offshore Limited.

In its MCA filings the main business is listed as extraction of Crude Petroleum & Natural gas, which made up 100% of turnover.

It has 13 directors: Parasuraman Iyer Venkateswaran, Chakkungal Pathayapura Gopalkrishnan, Chakkungal Pathayapura Gopalkrishnan and 10 others. The longest-serving is Reji Abraham, on the board since 1994; the most recent to join is Shailesh Bhalchandra Desai, appointed in November 2025. Reji Abraham is the managing director. Seven former directors are on record; the most recent to leave was Sumit Kumar Khanna in October 2024. Between them, the directors also sit on the boards of 20 other companies, including Mahanadhi Aban Power Company Limited and Aban Energies Limited.

₹293 crore of its ₹1500 crore authorised capital is paid up (about 20%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 12 September 2024. Four charges (secured loans) are still open, with Sbicap Trustee Company Limited and Bank Of Baroda among the lenders, and 102 more have been paid off. Its shares trade on BSE (523204) and NSE (ABAN).

Environment •••••••• Energy and Power ••••••••
  • Location 'Janpriya Crest'96, Pantheon Road, Egmore, Chennai, Tamil Nadu - 600008
  • Website abanoffshore.com
LinkedIn
Name History
Legal NameAban Offshore Limited
CIN / LLPINL01119TN1986PLC013473
Company No.013473
Stock Symbol BSE: 523204 | NSE: ABAN
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1986-09-25
Date of AGM2024-09-12
Date of Balance Sheet2024-03-31
Listing StatusListed
ROC CodeRoc Chennai
Credit RatingD (Care)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Aban (13) Current board members from MCA filings, including designation and appointment details.

P
Parasuraman Iyer Venkateswaran
Director | Since 2001-08-01 | DIN: 00379595
C
Chakkungal Pathayapura Gopalkrishnan
Director | Since 2001-08-01 | DIN: 00379618
C
Chakkungal Pathayapura Gopalkrishnan
CFO | Since 2014-05-28
K
Krishnamurthy Vijayan
Director | Since 2024-09-19 | DIN: 00589406
N
Narayan Venkat Ramanan
CFO | Since 2025-04-01 | DIN: 00742530
S
Shailesh Bhalchandra Desai
IRP/RP/Liquidator | Since 2025-11-10 | DIN: 07837782

Financial Performance of Aban Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹500–1000 Cr ▼ -13.4%
P&L Loss · ₹1000+ Cr ▲ 49.9%
EBITDA Loss · ₹100–500 Cr ▲ 86.6%
Net worth Loss · ₹1000+ Cr ▼ -14.3%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Aban Open and satisfied charges registered against the company with MCA.

Bank Of Baroda : 13,100.00 cr
Sbicap Trustee Company Limited : 586.00 cr
Others : 15.00 cr
Kotak Mahindra Prime Limited : 35.00 Lakh
Open Charges: 4 Satisfied Charges: 102
Open 2,579.88 cr
Satisfied 13,785.86 cr
LenderAmountStatus
Others
Creation Date: 29 Sep 2016
 15.00 cr Closed
Sbicap Trustee Company Limited
Creation Date: 08 May 2015
 100.00 cr Open
Sbicap Trustee Company Limited
Creation Date: 04 Dec 2014
 486.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Mining and quarryingExtraction of Crude Petroleum & Natural gas100

Companies With Common Directors Of Aban Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Mahanadhi Aban Power Company Limited 2 Shared Directors
Aban Energies Limited 1 Shared Director
Aban Informatics Private Limited 1 Shared Director
Aban Marketing And Exports Private Ltd 1 Shared Director
Aban Power Limited 1 Shared Director
Aban Ventures Private Limited 1 Shared Director
Asiaville Interactive Private Limited 1 Shared Director
Charioteer Advisors Private Limited 1 Shared Director
Kanyakumari Green Earth Foundation 1 Shared Director
Kkge Investments Private Limited 1 Shared Director
Neueon Corporation Limited 1 Shared Director
Pathanamthitta Estates Private Limited 1 Shared Director
Perunad Plantations Ltd 1 Shared Director
Radhapuram Wintech Private Limited 1 Shared Director
Sbi Funds International (Ifsc) Limited 1 Shared Director
Sukran And Associates Llp 1 Shared Director
The Charioteer Asset Management Company Private Limited 1 Shared Director
The Charioteer Holdings Private Limited 1 Shared Director
The Charioteer Investment Managers Private Limited 1 Shared Director
Tyford Tea Limited 1 Shared Director

Financial Ratios of Aban Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Aban Ownership and contribution detail from filings. Full breakdown unlocks with your report.

6 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Aban GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

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Credit Ratings, Litigation & Regulatory Alerts for Aban Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Aban MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Aban Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Aban Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Aban Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Aban?
MCA does not publish an "owner" field. Aban is run by its directors, Parasuraman Iyer Venkateswaran, Chakkungal Pathayapura Gopalkrishnan, Chakkungal Pathayapura Gopalkrishnan and ten others, with Reji Abraham as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Aban?
Aban has 13 current directors: Parasuraman Iyer Venkateswaran (since August 2001), Chakkungal Pathayapura Gopalkrishnan (since August 2001), Chakkungal Pathayapura Gopalkrishnan (since May 2014), Krishnamurthy Vijayan (since September 2024), Narayan Venkat Ramanan (since April 2025) and Shailesh Bhalchandra Desai (since November 2025), plus 7 more. Reji Abraham is the managing director.
What is CIN of Aban?
The CIN of Aban is L01119TN1986PLC013473. Reading it left to right: L means it is listed, 01119 is the industry code it registered under, TN is Tamil Nadu, 1986 is the year it was registered, PLC is the company type and 013473 is its registration number.
When was Aban incorporated?
Aban was incorporated on 25 September 1986 with ROC Chennai. That makes it more than 40 years old.
What is the registered address of Aban?
The registered office on MCA records is 'Janpriya Crest'96, Pantheon Road, Egmore, Chennai, Tamil Nadu - 600008.
What is the current status of Aban?
MCA shows Aban as "Under Cirp". It is going through insolvency proceedings under the IBC.
What is the contact number or email for Aban?
You can post to its registered office at 'Janpriya Crest'96, Pantheon Road, Egmore, Chennai, Tamil Nadu - 600008 and use its website, https://abanoffshore.com.
What industry or business activity is Aban associated with?
Its MCA filings list the main business as extraction of Crude Petroleum & Natural gas (100% of turnover).
What is paid-up capital and authorised share capital of Aban?
Paid-up capital is ₹293 crore and authorised capital is ₹1500 crore, so about 20% of the authorised amount has been issued.
When did Aban last file accounts and hold an AGM?
The last AGM on record was on 12 September 2024, and the latest balance sheet is for the year ending 31 March 2024.
Where can I see charges and lenders for Aban?
Four charges against Aban are still open and 102 have been satisfied. Lenders named in the filings include Sbicap Trustee Company Limited, Kotak Mahindra Prime Limited and Bank Of Baroda.
Have any directors left Aban?
Yes, seven former directors are on record. The most recent to leave were Sumit Kumar Khanna (October 2024), Murari Pejavar (September 2024) and Pardeep Anant Ram Khosla (November 2017).
Which companies share directors with Aban?
20 companies share directors with Aban. Among them are Mahanadhi Aban Power Company Limited, Aban Energies Limited, Aban Informatics Private Limited and 17 more.
What is the turnover or revenue of Aban?
Based on filed financial statements, the revenue of Aban for FY 2023 was in the ₹500–1000 Cr range. That is down 13.4% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Aban?
For FY 2023, the net worth of Aban was negative, in the ₹1000+ Cr range.
How can I get the financial details of Aban?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Aban?
The website on record for Aban is https://abanoffshore.com.
Which company owns abanoffshore.com?
abanoffshore.com is the website listed for Aban Offshore Limited in its company records.
Is Aban registered with any stock exchange in India?
It is listed on both BSE (scrip code 523204) and NSE (symbol ABAN).
Aban - is it listed or unlisted?
Aban is a listed company, and its CIN starts with L.
What is the ROC code of Aban?
Aban is registered with ROC Chennai.
What is the company classification of Aban?
MCA classifies Aban as: Public Limited Indian Non-Government Company.
Does Aban have subsidiaries?
Yes, one subsidiary is on record for Aban.
Does Aban have GST registrations on file?
Yes, 5 active GST registrations are linked to Aban, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.