Committed Cargo Care Limited IPO

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i. Committed Cargo Care provides integrated logistics services such as cargo management solutions, order management, international freight management, customs and cross-border movement, heavy and over-dimensional cargo movement etc. They are well-established network and tracking software enables to provide fast and reliable information to the client. Thus, capable of handling – packaging, warehousing, freight forwarding, custom clearance of export and import cargo of commercial consignments, diplomatic and non-diplomatic consignments, special services and forwarding of cargos, with an objective to provide the most convenient and cost-effective transportation method by air, courier, sea and road any time & anywhere around the globe

ii. Their customers operate in various sectors across India, including automotive and heavy engineering, telecom, food and agro, fastmoving consumer goods (“FMCG”), paint, handicrafts, ecommerce products, garments, pharma and dairy. The company believe that business model enables them to provide solutions that enable the customers to leverage the distribution network which optimizes the performance, cost and efficiency of their supply chains, shortening their lead-time to market resulting in lower inventory costs to the customer.

iii. The Promoters have a combined experience of more than 25 years in logistics industry. Driven by the passion for building an integrated logistics company, backed by their experience, their Promoters have been the pillars of the Company’s growth and have built a strong value system for the Company. With their enriching experience and progressive thinking, they aim to continue to grow in logistics industry.

Competitive Strengths

i. Smooth flow of operations
ii. Experienced Promoters and Management Team
iii. Existing Supplier Relationship

Objects of the Committed Cargo Care Limited IPO:

The Company proposes to utilize the Net Proceeds from the issue towards the following objects: i. Meeting working capital requirements ii. General corporate purposes
DRHP of Committed Cargo Care Limited IPO

Committed Cargo Care Limited IPO Details:

Total Shares: 3,244,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Listing At: NSE Emerge

Promoters And Management:

RAJEEV SHARMA aged 55 years is the Managing Director of the Company. He is one of the promoters of the Company. He has been associated with the Company since its incorporation as a Director and Promoter. He is an arts graduate from Delhi University and has an experience of more than 2 decades in Logistics sector. He mainly handles Import customs and is the in charge of the Import division, custom brokerage, forwarding activities, administration and is also responsible for liaison with Custom officials. NITIN BHARAL aged 50 years is the founder and the Whole Time Director of the Company. He holds a bachelor’s of commerce degree from Delhi University in the year 1993. He holds experience of around two decades in Supply Chain – Sales, Operations (Airfreight & Sea freight), Contract Logistics, Cross Country business, Custom Brokerage, Warehousing, Procurement/Sourcing & Trading activities. YASH PAL ARORA aged 55 years is the founder of the Company and is currently the Whole Time Director of the Company and handles the Import Operations of the Company. He has more than 20 years of experience of dealing in Operations (Airfreight & Sea freight), Custom Brokerage.

Financials of Committed Cargo Care Limited IPO: 

To be updated shortly

Comparison With Peers:

To be updated shortly

Recommendation on Committed Cargo Care Limited IPO:

To be updated shortly

Lead Manager of Committed Cargo Care Limited IPO:

  1. Fedex Securities Limited

Registrar of Committed Cargo Care Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Committed Cargo Care Limited Khasra No. 406, Ground Floor, A - Block, Gali No. – 8 Mahipalpur Extn., New Delhi– 110037 Phone: 011-46151111 Email: hr@committedgroup.com Website: http://www.committedgroup.com/

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