Prominent Logistics Company Raising Funds In Vishakhapatnam
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The company provides multifarious shipping activities with NVOCC/Freight Forwarding and they are also into various shipping activities viz.. Ship chartering, steamer agency, Customs House Agent, separate own division for handling bulk, break bulk cargoes, project cargoes, handling Oil & Gas Drilling RIGs [onshore–offshore] and its husbandry services, own fleet, coastal Ocean transportation, Rail transportation, warehousing & road transportation, marine logistics & Air cargo division.
Clientele type
They operate on a B2B framework, having over 15 clients throughout India.
Premises
They have offices in Vishakhapatnam, Hyderabad, Mumbai, Chennai and Krishnapatnam.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Reason
They are seeking funds to facilitate new orders.
Other Details
They did a turnover of 1.25 crores last year, and In 2023 till the 2nd quarter, they have done a turnover of 1.67 Cr.
The CEO has been active in the logistics and shipping industry since the early 80s, amassing over four decades of experience. They are a highly respected figure in the shipping sector, renowned for their passion, energy, and expertise in industrial logistics. With an extensive network of contacts in the industry, including carriers, vessel owners, operators, airlines, exporters, and importers, they have a strong background working with major shipping lines. Their experience spans container shipments, vessel chartering, handling bulk and break-bulk cargoes, oversize shipments, project cargo, and air shipments.
The COO, with 25 years of dedicated service at a marine industry monopoly, brings a wealth of experience. Their expertise spans bulk, break bulk, domestic, and EXIM shipments, making them the ideal COO. Over two decades, they have honed their skills in operational and management roles within the logistics supply chain. Their adeptness in customer relations and vendor management has significantly contributed to the company's growth.
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₹10 to ₹200 Cr
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