Arvind and Company Shipping Agencies Limited
Start Date12-10-2023
Application Timing10am-5pm
Price Range₹45 - ₹45
Min Qty3000
Min. Investment₹135000
Listing DateNA
Close Date16-10-2023

About Arvind and Company Shipping Agencies Limited

Since Incorporation in 1987, Arvind and Company Shipping has been engaged in the business of Shipping and Forwarding agents.

Their revenue comes from 2 business verticals: 
a) Chartering of Barges b) Hotel and Hospitality

The company is primarily engaged in chartering business, including chartering of Barge for commercial purposes. COmpany owns a total of 5 Barges.
Their end users are construction companies who often require barges to transport heavy equipment, construction materials, or personnel to and from construction sites located near bodies of water. Barges can be used to transport materials such as sand, gravel, cement, steel, or machinery to support construction projects. 
Company has recently forayed into the hospitality business with “Hotel Millennium Plaza” and “Hotel 999” near Jamnagar, Gujarat.


Why To Invest in Arvind and Company Shipping Agencies Limited

Arvind Shipping is in the business of C&F agents, mainly providing services related to Marine Vessels and Ancillary equipment. IPO proceeds will be used for funding capital expenditure.

Strengths And Risks
Competitive Cost Structure - : With a lean cost structure, the company offers competitive pricing for barge rentals and hotel accommodations, attracting more customers and gaining a larger market share.
Experienced Team: : Arvind and Company Shipping promoters have overall business experience of more than 40 years across various industries namely construction, food, commercial chartering of barges playing key role in growth.
Favourable Location - : The chartering income from barges comes due to the close proximity with West coast of the Gujarat. Being situated in key shipping hubs or near major ports can reduce transportation costs and lead times, which helps to improve efficiency and competitiveness.
Client Concentration - : Arvind and Company Shipping is dependent on a few key customers, top 5 customers account for over 90% of its revenue. Any decline in quality standards, growing competition or any change in the demand can impact these clients.
Regulatory Risks - : Arvind and Company Shipping is subject to a number of regulations, including those imposed by the government and the shipping industry. Changes in these regulations could have a negative impact on the company's business.
Legal Proceeding - : There are 16 big and small tax litigations involving Directors and promoters amounting to Rs. 3.08 Crores pending. An adverse outcome can impact business and reputation.
External Factors - : Civil disturbances, extremities of weather, regional conflicts and other political instability may have adverse effects on operations and financial performance.
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