Shiva Industrial Security Agency (Gujarat) Limited IPO
Shiva Industrial Security Agency (Gujarat) Limited is an ISO 9001:2008 Certified Company providing Manned guard Services, Cash Management Service and E-Commerce logistics services in India. the company has created a niche for ourselves in the market since the commencement of our operations during the past decades. We have developed our portfolio of services in order to cater to the needs of diverse consumer segments including, business entities, Government organizations and households, and to leverage the growth and potential security needs of such customer segments in India. To serve our esteemed clients in the most effective manner we have fully operational 18 Branches at an all India level and 5 Regional Offices situated at Ahmedabad, Bengaluru, Mumbai, New Delhi and Kolkata.
the company was incorporated in the year 1997. Since incorporation, They involved in the business of providing the manned guarding service. Later on, during the year 2007, sensing the opportunity in the Cash management service, we added Cash management service in our portfolio of service. During the year 2015-16, we further expanded our operations by diversifying into the business of E-Commerce Logistic services.
Our portfolio of services includes:
1. Manned Guarding Service:- Our security services business in India consists of providing security solutions, including planning and deployment of security guards, security officers, armed guards, firemen, dog handlers, consulting, investigation works, event security and command and control centre employees. Our security services business employed around 5000 security guards which are servicing around 1100 customers, as of February 28, 2018. Our key customers in India include leading businesses in a wide range of sectors such as banking and financial services, IT/ ITeS and telecom, automobile, steel and heavy industries, governmental undertakings, hospitality and real estate, utilities, educational institutions, healthcare, consumer goods, manufacturing, engineering and construction.
2. Cash Management Service: – Our cash management service business consists of the following heads of operations:
(a) cash in transit, including cash handling, cash collection and delivery, transportation of banknotes, coins and other valuables,
(b) doorstep Our Service Portfolio Manned Guarding Service Cash Management Service E-Commerce Logistic Service Shiva Industrial Security Agency (Gujarat) Limited 40 banking, including pickup and delivery of cash, coins and any other valuables as well as cash processing,
(c) ATM-related services including Machine Installation & Maintenance, Cash Replacements, Cash Cycle Management & Load Forecasting
3. E-Commerce Logistics Service: – Our E-Commerce operation handles the last Mile and the First Mile operations for the E-Commerce Companies. Our company has its own fleet of around 250 Vehicles with Field executives, which are provided to E-Commerce Company to handle their First and Last Mile operations. The Major clientele is Flipkart, Big Basket, Grofers, DTDC and First Flight. The following table sets forth certain information relating to our E-Commerce logistic business in India for the periods indicated:
Objects of the Shiva Industrial Security Agency (Gujarat) Limited IPO:
Shiva Industrial Security Agency (Gujarat) Limited IPO are:
1. Purchase of Cash Handling Vehicles
2. Expansion of Branch Network
3. Repayment and pre-payment of a portion of certain outstanding indebtedness availed by our Company
4. To meet Working Capital Requirement
5. General Corporate Purposes
6. To Meet the Issue Expenses
Shiva Industrial Security Agency (Gujarat) Limited IPO Details:
|| ₹ 10 Per Equity Share
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