Aban Offshore Shares float
What is the Shares float of Aban Offshore?
The Shares float of Aban Offshore Limited is 30.428M 52.13%
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 BSE 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 a portfolio of assets, including jack-ups, floaters/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
- Ind-Swift Laboratories has Shares float of 30.408M 51.46%
- Avrupa Minerals has Shares float of 30.413M 92.90%
- Evergreen Gaming has Shares float of 30.415M 24.57%
- Usha Resources has Shares float of 30.420M 136.34%
- Usha Resources has Shares float of 30.420M 136.34%
- Supernova Partners Acquisition has Shares float of 30.427M 75.60%
- Aban Offshore has Shares float of 30.428M 52.13%
- Beijing Media has Shares float of 30.429M 55.43%
- Anuh Pharma has Shares float of 30.456M 60.78%
- Taiga Building Products has Shares float of 30.462M 28.16%
- Agiliti, De has Shares float of 30.464M 23.38%
- Nevada Metals has Shares float of 30.473M 94.32%
- Quorum Health has Shares float of 30.482M 92.61%