ABC India Ltd - Stock Valuation and Financial Performance

ABC India Ltd, started in 1963, has been a pioneer in the field of logistics since its inception, when there were hardly any other organized cargo transporters in India. Today, ABC India Ltd is serving India and the world through a network of more than 150 locations all over the country and associates across the world. All these locations are linked by ABC's own technologically advanced information system. ABC India Ltd has its own fleet of trucks, hydraulic trailers and prime movers that have a capacity to carry a single package of up to 800MT. ABC India Ltd has more than 650 skilled and experienced full time employees that are committed to making transportation simple. ABC India Ltd also owns more than 15,000 cubic meters of storage space and advanced equipment to facilitate loading and unloading of your cargo. ABC India Ltd has its own Custom House Agent License to facilitate the customs clearance of imported or exported cargo. With this entire infrastructure ABC India Ltd is perfectly poised to provide effective solutions to every transportation need, from essential multi-modal, multi-location cargo handling to complicated turnkey projects.

Services offered by the company:

• Complete Logistics Solution- For your manufacturing unit, from helping you set up your unit to sourcing raw-materials and exporting your finished product.
• Turnkey Projects- A comprehensive customised solution, taking care of everything from clearing customs and transporting your cargo to managing the site and erecting machinery, even registering your power project or your refinery or any other type of manufacturing unit.
• Domestic Cargo Handling- For packages of all sizes, bulk, smalls or odd-dimensional. In addition to transporting it, the company offers packing and warehousing, loading and unloading using manual labour, mechanised means or RO-RO operations, and unpacking and stacking at destination.
• International Cargo Handling- Co-ordinating stuffing of cargo inside containers and loading on to vessels / aircraft / trailer / truck, arranging surveys through insurance companies and other inspection agencies at the arrival port or tairport, Assistance in preparation of documents for import and export, arranging and liaison with shipping lines and airlines, arranging customs clearance and port or airport handling at the arrival and the country of origin, liaison with customs and other authorities on behalf of consignee / importer at arrival port / airport, arranging warehousing of cargo at arrival ports and airports, reconciliation of imports with customs authorities, if needed, consultation relating to foreign trade in terms of Exim Policy, arranging all activities for re-export and re-import of cargo, following up cargo movement with airlines / shipping lines and other customers.
• Documentation Support- Determining which formalities of the appropriate Indian authorities are to be completed for the project and arranging to complete them including handling paperwork at the en route sales tax and octroi check posts throughout India, Arranging filing of provisional claim for losses with appropriate authorities on behalf of owners, arranging and conducting route surveys and logistic reasibility studies and other such reports as per the requirements of the clients, assistance in preparation of documents for import and export 

Milestones:

• 2000 - ABC India Ltd. started its constancy services on exim policies and matters.  
• 1999 - ABC India Ltd. began operations of Total Logistics package for MCC PTA INDIA Corp. Private Limited through NALL. 
• 1999 - ABC India Ltd. entered into a joint venture agreement with Nissin Corporation Limited of Japan and launched the first service sector joint venture company Nissin ABC Logistics Private Limited (NALL). 
• 1997 - ABC India Ltd. added international door-to-door service for the movement of household goods to its assortment of services with training from Nissin Corporation of Japan. 
• 1996 - ABCO Lines began providing service through a single document to all global destinations using varied means of transportation. 
• 1994 - ABC India Ltd. attained IATA affiliation for the Air Freight Forwarding and also became members of FIATA with agents all over the world. 
• 1993 - ABCO Lines, a division of ABC India Ltd., became one of the first Indian multi-modal transport operator registered under the Multi-modal Transport Of Goods Act. 
• 1987 - ABC India Ltd. began handling turnkey projects, representing a comprehensive range of services including port handling, co-ordinating, customs clearing, transportation and site handling. 
• 1986 - ABC India Ltd. launched its project division to handle over dimensional cargo and over weight cargo with the initial acquisition of 5 Goldhoffer Multi-Axle Trailers, 2 MAN Prime Movers and other special equipment's from West Germany. 
• 1980 - Assam Bengal Carriers Limited was renamed ABC India Ltd to reflect its increased presence throughout India. 
• 1973 - Assam Bengal Carriers Limited became the first Indian transport company to be listed on any Indian stock exchange by being listed on the Kolkata Stock Exchange. 
• 1972 - Assam Bengal Carriers Limited was incorporated under the Companies Act of 1956. 
• 1963 - ABC India Ltd started its operations in North-Eastern India as Assam Bengal Carriers with branches at Kolkata, Guwahati and Siliguri.