History

Incorporated in 2006, our Company, Maheshwari Logistics Limited is engaged in providing logistics services, supplying of non-coking coal, manufacturing of kraft paper and trading in a variety of papers. We have our registered office and paper manufacturing facility situated at Gujarat. Further we have 6 branch offices which are situated at Gujarat and Rajasthan.

Set up by Maheshwari and Kabra Group, our Company offers a diversified business model, covering three different sectors ranging from logistics services to fuel to paper. The experience and trade relations developed by our promoters and management have been one of the key instrumental factors in the growth of our Company. With the vision and dedication of our management we have been able to accomplish a revenue growth of more than 80% in past 5 years and achieve a turnover of more than Rs. 600 crores during financial year 2015-16, thereby enabling us to build a steady position for ourselves in industry.

Our Company started out with logistics services and over the years have developed a strong clientele network in the sector. We primarily offer full truck load freight services to large and medium size companies mainly across the state of Gujarat and Rajasthan. We have also extended our logistics arm in state of Maharashtra and Madhya Pradesh. We use our own trucks as well as hire third party transportation services for carrying out our logistics operations. As on date of Draft Prospectus, we have a fleet of more than 60 trucks and an association with more than 1,000 trucks though third parties. We have also set up a full maintenance workshop for all our vehicles at Nimbahera and Jamnagar. Our goods transportation services serves a broad range of industries, with our customer belonging to cement, paper, textiles, fertilisers, etc. industries. For the year ended March 31, 2016, our logistics services contributed 36.62% to our total revenue from operations.

Along with logistics services, our Company ventured into trading of non-coking coal. We procure coal either through direct imports or through high seas purchases from other importers. We have also installed a screening plant at Vapi for sizing imported as well as indigenous coal for our customers who have specific requirement of sized coal. It is our endeavour to supply different varieties of coal to meet the necessary requirements of our customers who are operating in diverse industries. For the year ended March 31, 2016, our revenue from coal trading contributed to 51.43% of our total revenue from operations.

Our paper journey began with trading of variety of papers. With gaining an insight of the industry coupled with an available opportunity, our Company ventured into manufacturing of Kraft Paper in 2015 by purchasing business vide a business transfer agreement dated September 30, 2015 from M/s. Daman Ganga Recycled Resources LLP. We further entered into a tripartite job work cum plant and equipment operating agreement with Daman Ganga Papers Limited and Daman Ganga Recycled Resources LLP for a period of 20 years. This manufacturing facility is spread over an area of 45,000 square metres and is equipped with the necessary plant & equipments. At present, it has a manufacturing capacity of 750 lakhs kg p.a. Within a short span of time, our Company has been able to create a demand for its manufactured products. From October 2015 to March 2016, our Company generated a turnover of Rs. 4,600.87 lakhs sale of manufactured products. We endeavour to satisfy customer by continuous improvement through process innovation and quality maintenance. We aim to grow our operations on PAN India basis and make our brand as a distinguished name in industry.

2006

2006 - 2007

2007 - 2008

2010 - 2011


2015

2017