243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Amrut Dredging and Shipping Limited

Rajkot

Date of DRHP : 21 Nov 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Amrut Dredging Basic Details

   Logistics

Sub Sector: contractor, providing marine and dredging services

Exchange:
BSE Emerge

About the Company

Amrut Dredging and Shipping is an Indian private marine and dredging company. They operate as a contractor, providing marine and dredging services primarily to India’s major and non-major ports and shipyards. Amrut Dredging and Shipping core business encompasses charter hire and the execution of dredging and marine contracts. The Company is recognized for its capabilities in transporting and supplying potable water and fuel through their fleet of tugs and barges. They are committed to delivering reliable and efficient solutions that meet the diverse needs of their clients in the marine sector. Their Company provides comprehensive marine infrastructure services, including coastal protection, beach nourishment, land reclamation, inland dredging, and allied services. They collaborate with port operators, owners, and consulting engineers to deliver tailored solutions, often integrating these works with other dredging activities to enhance service delivery. Their chartering services include short- and long-term hire of a wide range of vessels such as dredgers, hopper barges, jack-ups, and specialized marine equipment, solidifying their market presence since 2014. Their expertise in capital dredging focuses on developing new channels, berths, and deepening existing port infrastructure, while maintenance dredging ensures safe, efficient navigation by removing accumulated sediment. They are engaged in rock dredging using non-explosive methods to protect environmentally sensitive areas, in sustainable dredging practices. Their allied services, including salvage, bunkering, potable water and fuel supply and sea transportation using tugs and barges, cater to major and non-major ports, shipyards, public and private entities across India. Regular facilities and asset maintenance ensure vessel compliance, operational efficiency, and swift turnaround, reinforcing their reputation as a versatile and reliable service provider in the marine and dredging sector.

Financial Summary (Annualised Basis)

Revenue :
84.56 Cr.

PAT :
42.04 Cr.

Amrut Dredging IPO Lead Manager(s)

Mark Corporate Advisors Private Limited

Amrut Dredging IPO Registrar

KFin Technologies Limited

Amrut Dredging DRHP Details

Objects of issue

  • Funding of capital expenditure towards purchase of dredgers, barges and tugs
  • To fund the working capital requirements
  • To fund the expenditure towards general corporate purposes

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FAQs

Amrut Dredging and Shipping operates in Logistics and contractor, providing marine and dredging services. The Issue would be listed on SME. The registrar of the Issue is KFin Technologies Limited. The IPO type of Amrut Dredging and Shipping is Book Building Process and Object of issue is

  • Funding of capital expenditure towards purchase of dredgers, barges and tugs
  • To fund the working capital requirements
  • To fund the expenditure towards general corporate purposes

The DRHP (Draft Red Herring Prospectus) of Amrut Dredging and Shipping IPO was filed on 21 Nov 2024.

No, Amrut Dredging and Shipping IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Amrut Dredging and Shipping are not available now. You can apply in Amrut Dredging and Shipping IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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