Sunsky Logistics Ltd IPO

About Sunsky Logistics Ltd

Our Company was incorporated under the name and style of `Sunsky Logistics Private Limited', a private limited company under the provisions of the Companies Act, 2013, pursuant to a certificate of incorporation dated July 05, 2020, issued by the Registrar of Companies, Central Registration Centre. Subsequently, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in their meeting held on January 10, 2024, and by our Shareholders in an Extraordinary General Meeting held on February 7, 2024, and consequently the name of our Company was changed to `Sunsky Logistics Limited'' and a fresh certificate of incorporation dated July 16, 2024, was issued by the Registrar of Companies, Central Registration Centre. The corporate identification number of our Company is U74999GJ2020PLC114376.

India has emerged as the fastest-growing major economy in the world and is expected to be one of the top three economic powers in the world over the next 10-15 years, backed by its robust democracy and strong partnerships. India's appeal as a destination for investments has grown stronger and more sustainable because of the current period of global unpredictability and volatility, and the record amounts of money raised by India-focused funds in 2022 are evidence of investor faith in the Invest in India narrative. India's economic story during the first half of FY24 highlighted the unwavering support the government gave to its capital expenditure, which, in FY24, stood 37.4% higher than the same period last year. In the Union Budget of FY26, capital expenditure took lead by steeply increasing the capital expenditure outlay by 10.0% to Rs. 11.21 lakh crore (US$ 131.42 billion) over Rs. 10.18 lakh crore (US$ 119.34 billion) in FY25. Stronger revenue generation because of improved tax compliance, increased profitability of the company, and increasing economic activity also contributed to rising capital spending levels. The logistics industry plays a vital role in the dynamic economic landscape of India by enabling the efficient movement of goods and services throughout the country's large territory. As India strives to realise its ambitious economic goals, including achieving a GDP of US$ 5.5 trillion by 2027, the transformation of its logistics sector emerges as a pressing imperative. Given its pivotal role in supporting various industries, from manufacturing to agriculture and ecommerce, the logistics sector faces a myriad of challenges and offers a number of opportunities. In this case study, we delve into India's logistics ecosystem, exploring the hurdles impeding its efficiency and growth, while also highlighting the pathways towards innovation and sustainable development. Through a comprehensive analysis of the sector's dynamics, we aim to uncover actionable insights that can inform strategic interventions and nurture the emergence of a more agile, resilient, and competitive logistics infrastructure in India.

Our Company is engaged in the business of integrated logistics solutions. We are involved in the management and coordination of the movement of materials or finished goods throughout the supply chain, from the point of origin to the destination. We provide third party logistics services which is popularly known as 3PL services. 3PL services comprise freight forwarding, cargo handling, door-to-door distribution, multi-transport operator, and customs clearance services. It encompasses local transportation at the billing end; freight services and custom clearance to again transportation to enable goods reach the destination.

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