Aban Offshore has received its board’s approval to raise $400 million through FCCBs, GDRs and other routes. The company’s board also gave nod to raise upto Rs 2,500 crore by issue of equity related securities to qualified institutional buyers.
Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.
| Company Name | CMP |
|---|---|
| ONGC | 244.45 |
| Oil India | 415.75 |
| Jindal Drilling&Inds | 575.10 |
| Deep Industries | 481.70 |
| Asian Energy Service | 373.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: