Aban Offshore Shares float
What is the Shares float of Aban Offshore?
The Shares float of Aban Offshore Limited is 30.832M 52.83%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Energy sector on NSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates various offshore drilling rigs, drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with shares float similar to Aban Offshore
- NXT Solutions has Shares float of 30.805M 45.45%
- Dynacor Gold Mines has Shares float of 30.813M 79.32%
- Dynacor Gold Mines has Shares float of 30.813M 79.32%
- TransMedics has Shares float of 30.825M 96.56%
- Rackla Metals has Shares float of 30.828M 67.63%
- Dixon Technologies (India) has Shares float of 30.831M 51.95%
- Aban Offshore has Shares float of 30.832M 52.83%
- MINISO has Shares float of 30.841M 10.15%
- Grey Wolf Animal Health Corp has Shares float of 30.845M 99.40%
- Copper Strike has Shares float of 30.865M 25.71%
- Salona Global Medical Device has Shares float of 30.895M 68.98%
- Fieldex Exploration has Shares float of 30.904M 91.06%
- Restaurant Brands New Zealand has Shares float of 30.909M 24.77%