S J Logistics (India) Share Price

S J Logistics (India) Limited was originally incorporated as Private Limited in the name of S J Logistics (India) Private Limited certified dated December 23, 2003 issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, Company got converted into a Public Limited and the name of Company was changed from S J Logistics (India) Private Limited to S J Logistics (India) Limited vide a fresh Certificate of Incorporation dated November 07, 2016, issued by Registrar of Companies, Mumbai.The Company started the business as a proprietorship concern during the year 2000 under the leadership of the Promoter Rajen Hasmukhlal Shah. Later, during the year 2003, considering the market demand and business opportunity into the logistics and freight forwarding business, the Promoter incorporated and carry on the business of freight forwarding under the name and style of SJ Logistics (India) Private Limited and since then, it has grown the presence, expanded the scope of services, and increased capabilities in the business of freight forwarding. The Company is engaged in the business of providing logistics and supply chain solutions to customers. Key services provided by the Company include freight forwarding, custom clearance and transportation handling services. The Company is a Multimodal Transport Operator registered under the Multimodal transportation of Goods Act 1993 to carry on the business of multimodal transportation.Apart from these, the Company is also engaged in handling of project cargo, which require detailed planning and technical experience. The project handling service includes providing solutions to meet specific customer requirements for the transport of oversized, over dimensions cargo (ODC), critical or high value cargos such as power generating set, excavator, transmission tower etc. from one location to another using multiple modes of transport. The transport of oversized, over dimensions cargo, critical or high value cargos were generally handled on a turnkey contract basis in year 2017. Later, in 202223, SJA Logisol India Private Limited and S. J. L. Group (Singapore) Pte. Ltd., which were formed in Singapore, become the subsidiary of the Company. In 202324, the Company started warehousing operations at Bhiwandi.The Company issued 38,40,000 equity shares of face value of Rs 10 each and raised Rs 48 crores through fresh issue by way of IPO on December 14, 2023.