Accuracy Shipping Limited Ipo

Accuracy shipping limited ipo

Accuracy shipping limited is a Gujarat based company engaged in providing the third party logistics solutions to clients. The company offers customized and end-to-end logistics solutions and services along with that it is also involved in the handling of project cargo, which is a specialized activity requiring detailed planning and technical expertise.
The company has around 170 employees on its payroll to manage end to end operations.

Date of Incorporation:  The company was incorporated in october 28, 2008 at gandhidham

Promoters of Accuracy Shipping Limited: Vinay Tripathi and Rama Tripathi are the promoters of the company.

Products and Services: The company offers customized and end-to-end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services to its clients.

SME IPO Accuracy Shipping Ltd.

It is also engaged in the handling of project cargo, which is a specialized activity requiring detailed planning and technical expertise. As a multimodal transport operator, it offers end-to-end freight services for export and import cargo utilizing multiple modes of transport such as sea, road, rail, and air.

Customer Segment: The company has a presence in India as well as across 35 different counties

Objective of the Issue: The Objects of the Issue are-
-       Part repayment/prepayment of certain secured borrowings availed by the Company;
-       Purchase of goods transportation vehicle;
-       Funding the working capital requirements of the Company;
-       General corporate purposes.

Company Financials:

Particulars

For the year/period ended (in Rs.

Lakhs)

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

5,825.34

4,394.03

2,783.54

1,299.16

520.31

Total Revenue

20,129.20

17,078.99

16,165.61

9,738.73

3,064.89

Profit After Tax

195.93

106.86

31.60

61.61

26.83

Accuracy shipping limited ipo