Incorporated in 2006, Maheshwari Logistics Limited provides logistics services in India. They offers logistics services to cement, paper, and oil industries, as well as to other manufacturing industries and traders. The company is also involved is supplying non-coking coal; and manufacturing and trading of kraft paper.
Based in in Valsad, India, Maheshwari Logistics primarily offer full truck load fright services to large and medium size companies mainly across the state of Gujrat and Rajasthan. They also extend their logistic arms in state of Maharashtra and Madhya Pradesh. They use their own truck as well as hire third party transportation services for carrying out logistics operations.
The promoters of the company are:
1. Vinay Maheshwari
2. Varun Kabra
3. Mukta Maheshwari
The object of the issue are to:
1. Working capital requirements;
2. General Corporate purposes.
»» Issue Open: Dec 30, 2016 - Jan 6, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,996,000 Equity Shares of Rs 10 aggregating up to Rs 27.17 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 68 Per Equity Share
»» Market Lot: 2000 Shares
»» Minimum Order Quantity: 2000 Shares
»» Listing At: NSE SME
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