Paradeep Parivahan Ltd - Stock Valuation and Financial Performance

Paradeep Parivahan Limited was incorporated as Paradeep Parivahan Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated November 17, 2000 issued by Registrar of Companies, Orissa. Subsequently, the company was converted into a Public Limited Company pursuant to shareholders resolution passed at the Extra Ordinary General Meeting of the Company held on March 06, 2024 and the name of the company was changed from ‘Paradeep Parivahan Private Limited’ to ‘Paradeep Parivahan Limited’ vide a fresh Certificate of Incorporation dated June 03, 2024 issued by the Registrar of Companies, Central Processing Centre.

The company sets up operations with the aim to deliver top-notch services to its customers, specializing in various aspects such as cargo handling, port operations, intra-port transportation, as well as the handling and transportation of port import cargo. Additionally, it excels in in-plant shifting of bulk raw materials and hazardous cargo, railway siding operations, crusher operations, special attention cargo handling, earthwork, and more. Its operations are structured to ensure efficiency and safety while meeting the diverse needs of its clients across a wide range of services.

It has established itself as excavators, cargo handlers, service providers, and importers and exporters of bulk cargo within ports. It boasts a significant fleet of its own equipment, including Volvo V loaders introduced as early as 1989 in Paradip. At that time, the logistics sector in the city was sluggish due to limited capacity. However, by 2000, the capacity had increased tenfold. It introduced advanced tools and mechanisms in Paradip Port to enhance productivity significantly. This enhancement in productivity directly translates into cost savings for importers and exporters, as it streamlines operations and reduce overheads through its specialized equipment and expertise. 

As its operations expanded, it seized opportunities such as partnering with IFFCO, a major player in the market, for heavy machinery services and raw material processing within their plant. Its vision extends beyond mere business operations; it aspires to become a leading entity known for its dedication to addressing domestic energy and industrial raw material shortages. It strives to achieve this through the application of advanced technologies and safe, profitable solutions.

Business area of the company

The company is engaged in transporters, packing & handling of bulk of materials, to purchase or lease movable and immovable property.

Services of the company

• Stevedoring
• Intra-port transportation
• Rack handling
• High stacking
• Equipment supply
• Cargo transportation
• Fertiliser bagging
• Fertiliser rake loading
• Heavy earth moving equipment suppl
• Trailer supply
• Vessel handling
• Manpower supply
• Truck and rack loading and unloading
• Earth moving and reclamation work
• Stone pitching work
• Railway siding maintenance
• Intra mines transportation

History and milestones

• 2000: Incorporation of the company in the name and style of ‘Paradeep Parivahan Private Limited’.
• 2023: Rewarded the shareholders of the company by issuing Bonus Shares.
• 2023: Awarded by Bharat Leadership Summit as Innovative Logistic Company.
• 2024: Certificate of Appreciation by ET Catalysts of Rising India.
• 2024: Company converted into Public Limited company.