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Arvind and Company Shipping Agencies Limited IPO Review

Arvind and Company Shipping Agencies Limited IPO they started in 1987, they've been working as shipping and forwarding agents, earning their keep-through commissions from clients. In 1997, they also acquired "Hotel Millennium Plaza," which brought in rental income for them until 2021. They offer a variety of barge chartering services designed to meet the specific needs of their customers, mainly construction companies. These companies often need barges to move heavy equipment, construction materials, or workers to and from construction sites near water. Barges are handy for transporting things like sand, gravel, cement, steel, or machinery to support construction projects.

Their Competitive Strengths are Experienced Promoters and Management Team, Competitive cost structure and efficient operations, Location of their facilities promotes closer association with their vendors and customers. Their Business Strategies are Improving their functional efficiency, Leveraging their market skills and relationships, Customer Satisfaction.

Arvind and Company Shipping Agencies Limited Products and Services

Arvind and Company Shipping Agencies Limited own a bunch of marine vehicles such as Cargo Barges, Flat top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and Tugs. These are used for moving cargo, building and maintaining ports. Additionally, they've got extra equipment like Cranes, Backhoes, Loaders, a fleet of Dumpers and Trailers, Bagging Machines, Cargo Conveyors, and various types of grabs (for cargo and stones). They've also got Tagline Winders, Rock Breakers, Drum cutters, and more.

They're dedicated to providing top-notch service to their cherished clients, aiming to establish reliable and long-term relationships with them. They work diligently and adhere to ethical business practices to ensure they deliver the best service possible to their customers. Their goal is to provide catering services that offer excellent value for money to all their clients. They achieve this by tailoring their services to meet each client's budget and specific requirements while still maintaining a high level of quality.

Financial Overview

The company makes money through its barge chartering services. It's also getting into the hospitality business, set to start operating in the second half of this fiscal year. Looking at the earnings projected for the whole of FY24, the investment seems like a good deal. Smart investors might consider putting their money in for potential medium to long-term gains.