CJ Darcl Logistics IPO Details Today, GMP Price, Date, Review

CJ Darcl Logistics IPO Details Today, GMP Price, Date, Review

CJ Darcl Logistics IPO Details Today : CJ Darcl Logistics IPO is Open on [.] 2024 and Close on [.] 2024. CJ Darcl Logistics IPO to Raise [.] shares (Approx ₹[.] Cr) via IPO. The Fresh issue of [.] shares (Approx ₹[.] Cr).

 

We are a diversified logistics company in India, with market leadership in full truck load (“FTL”) vertical in terms of revenue for Fiscal 2023. Our logistics services with multimodal capabilities across verticals include (i) road/FTL transportation; (ii) rail/multimodal transportation; (iii) warehousing and distribution (“W&D”) and integrated logistics solutions (including project logistics, third party logistics (“3PL”) and freight forwarding); and (iv) other services (including air cargo transportation and shipping/coastal transportation). We have pan-India operations covering over 5,249 locations through our network of 187 branch offices as of March 31, 2023. We aspire to be the leading ‘total logistics provider’ in India across transportation modes with continued focus on technology-enabled and efficient capability building.

 

With over 36 years of our operational experience since inception, we provide differentiated logistics solutions with our: (a) pan-India presence, (b) integrated service offerings, (c) market intelligence and know-how, (d) focus on improving service through technology, and (e) large network of business partners. Our management has focused on providing quality customer experience over decades of operations and thereby building credibility with our customer base, including our longstanding customers. In order to strengthen our capabilities and bring global competencies to our business, in Fiscal 2018, we also entered into shareholders’ arrangement with CJ Logistics Corporation, our Corporate Promoter. CJ Logistics Corporation is a logistics company in South Korea.

 

Some of our customers include TATA Steel Limited, Reliance Industries Limited, Arcelor Mittal Nippon Steel India Limited, Jindal Stainless Limited, ESL Steel Limited, Century Plyboards (I) Limited, Indigo Paints Limited, Savli Copper Products Private Limited, Volvo Group India Private Limited, Volvo CE India Private Limited, Ceragem India Private Limited, Jindal Saw
Limited, Jindal Steel & Power Limited, Knauf India Private Limited (Erstwhile USG Boral Building Products (India) Private Limited), Kobelco Construction Equipment India Private Limited, Maharashtra Seamless Limited, Patanjali Parivahan Private Limited, POSCO India Steel Distribution Center Private Limited and Saint Gobain India Private Limited.

 

Object of the Issue

  1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company.
  2. Funding capital expenditure requirements of our Company towards purchase of EVs.
  3. General corporate purposes.

 

Our Company Promoter

  1. Krishan Kumar Agarwal
  2. Darshan Kumar Agarwal
  3. Roshan Lal Agarwal,
  4. Narender Kumar Agarwal 
  5. CJ Logistics Corporation

 

Qualitative Factors

  • Scaled and integrated multimodal logistics operations with leadership in FTL transportation.
  • Asset-right’ business model resulting into higher efficiencies.
  • Well established and experienced Promoters, management team and employees, including an international Promoter.
  • Longstanding relationship with diverse set of customers across industries.
  • Customized and technology driven logistics solutions increasing efficiency and quality of services.

 

Comparison of accounting ratios with listed industry peers

  1. CJ Darcl Logistics
  2. TCI Express Limited
  3. Mahindra Logistics Limited
  4. Container Corporation of India Limited
  5. Transport Corporation of India Limited

 

CJ Darcl Logistics Company Contact Details

Darcl House, Plot No. 55P,
Sector-44, Institutional Area
Gurugram – 122003
Haryana, India
Contact Person: Apoorva Kumar
Tel: +91 90152 02121
Email: investors@cjdarcl.com
Website: www.cjdarcl.com

 

CJ Darcl Logistics IPO Registrar

Link Intime India PrivateLimited
C-101, 1stFloor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai –400083, Maharashtra, India
Telephone: +91 810 811 4949
E-mail: shivapharmachem.ipo@linkintime.co.in
Investor grievance E-mail:shivapharmachem.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan

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