ABG Shipyard Ltd group was established in the year 1985 as Magdalla Shipyard Pvt. Ltd, with the main objects of carrying Shipbuilding and Ship Repairs. Now the company has become the largest shipbuilding yard in private sector of India. The corporate office of the company is in Mumbai and the registered office and the yard are situated at Surat located in Gujarat.  The ship yard has modern ship building facilities such as a ship-lift facility with a 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 facilities include a fabrication shop and a blasting shop. The manufacturing processes adopted by the ship yard are of world-class standards certified for ISO9001:2000. Multiple Building Berths are provided in the ship yard. There are two dry-docs incorporating the Computerised Synchronous Ship lift Platform. The Graving Dry dock is served by 80-T Goliath Crane of span 50 m and height 35 m. There are also cranes of 150 T capacity, 60-T capacity manufactured by Tata P&H, 50-T crane of HM make, and another 80-T crane. The "Ship lift Facility” has provided the yard a tremendous logistical advantage and flexibility by enabling simultaneous building and repairing of many vessels. These facilities have enabled the shipyard to execute many prestigious Shipbuilding and Ship-repair contracts against stiff International Competition in both Export and Domestic Markets. The company has constructed and delivered various types of 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. It has so far delivered about eighty eight vessels for leading companies in India and abroad.The reputation of the company has grown in to many folds in the quality at competitive prices and delivery periods, since the vessels produced in the ship yard have performed very well. Dredgers, Ethylene Carriers, Bulk Carriers, Offshore Supply Vessels and Coast Guard Vessels have been successfully repaired and refurbished in the Ship Repair Division. During 2007,   the company 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, and Gujarat

The following are some of the notable contributions of the company:·        2 Nos. of 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.)·        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 ·        1 No. 83.5M Dynamic Positioning - DP2 Type Vessel with Diesel Electric Propulsion for Consolidated Contractors Construction Co., UAE.

The following are some of the pending orders with the company:·        2 Nos. 53M - 90T B. P. ASD Vessels from Lamnalco Group, UAE.·        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 Sea tankers Management Co. Ltd., Norway ·        1 No. 60.8M Offshore Supply / Supply Vessel from VROON B. V., Netherlands.·        ABG Shipyard Ltd has also got a prestigious order for 500 passenger vessel from the Administration of Andaman and Nicobar Administration, Port Blair, which is under construction presently.·         During the year 2006, the company secured order from Lamnalco, Cyprus and order from Vroon BV.·        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. ·          During the year 2007, another repeat order has been received by the company from  Lamnalco Ltd, Cyprus for 2 vessels amounting to USD 34.20 million. ·         ABG Shipyard Ltd has bagged a prestigious 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)Stocks and FinanceDuring the year 2005, the company entered in to the financial stack market by offering 85 lakh equity shares at Rs 155-185 per share.The fundamentals  are given below:

Major concerns            At present the Government of India is giving 30% subsidy to domestic ship builders. The discontinuation  of this subsidy can result in substantial reduction in profit margin for the company.            ABG is facing a stiff competition in domestic as well as international players. The domestic companies include the Cochin Ship yard, Bharti Ship Yard. The Chinese and South Korean companies  pose a major challenge to ABG in the international sector.