Arvind and Company Shipping Agencies IPO

Arvind and Company Shipping Agencies, established in 1987, is in the shipping and forwarding agent business. In 1997, the company acquired Hotel Millennium Plaza, which generated rental income for the company until 2021. The company's primary focus lies in the chartering business, specifically in chartering barges for commercial purposes. The company offers comprehensive barge chartering services, tailored to cater to the specific needs of its customers. Its clientele primarily consists of construction companies, who often require barges to transport heavy equipment, construction materials, and personnel to and from construction sites near bodies of water. Barges are efficient means to transport materials like sand, gravel, cement, steel, and machinery, supporting various construction projects.;