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- The company provides a full-range of logistics services, including express parcel delivery, heavy goods delivery, truckload freight, warehousing, supply chain solutions etc.
- Were the largest and fastest growing fully integrated logistics player in India by revenue as of Fiscal 2021 (Source: RedSeer Report and Company DRHP)
Proprietary logistics operating system
Technology stack consists of more than 80 applications that encompass all supply chain processes including order management, warehouse management, transportation management (Source: Company DRHP)
Vast data intelligence capabilities
Use machine learning, artificial intelligence and operations research to build institutional intelligence, automation and dynamic optimization capabilities to solve several complex operational problems (Source: Company DRHP)
Strong relationships with a diverse customer base
Served a diverse base of 21,342 Active Customers across e-commerce, consumer durables, electronics, lifestyle, FMCG, industrial goods, automotives, healthcare and retail, in the three months ended June 30, 2021 (Source: Company DRHP)
Rely on a scaled, automated and unified network infrastructure, largely comprising the logistics and transportation facilities
May not be able to manage growth if they are not able to maintain or expand the network infrastructure (Source: Company DRHP)
Rely on network partners and other third parties for certain aspects of our business, which poses additional risks
All the logistics facilities are leased and some of these lease agreements may have certain irregularities. Failure to renew leases or to locate desirable alternatives for facilities could materially and adversely affect the business (Source: Company DRHP)
- Indian Logistics Market is Ripe for Disruption : Total logistics spending in India was ~14% of GDP in Fiscal 2020, which is significantly higher than developed countries like Germany and the US, where logistics spend is ~8% of GDP. The top 10 organized players account for ~1.5% of the logistics market in India, versus ~15% in the US and ~7-10% in China
- Evolving B2C demand and consumption trends : India’s GDP per capita is expected to cross US$2,000 in 2021. The middle-income segment with an income range of US$7,500 to US$15,000 per annum currently forms ~27% of the working age population and is expected to expand to ~40% in the next 5 years (Source: Company DRHP)
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Choose the IPO you want to apply from the list. Click on Apply.
Fill in the quantity of shares. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.
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