Global Ocean Logistics India Ltd

Global Ocean Logistics India Limited was originally registered as a private Company as 'Global Ocean Logistics India Private Limited' dated January 8, 2021. Further, the status converted into a Public company and the name was changed to Global Ocean Logistics India Limited', via fresh Certificate of Incorporation dated December 26, 2024 issued by Registrar of Companies, Central Registration Centre. Promoter Niraj Nandkishor Narsaria, embarked on his journey in logistics industry by establishing a partnership firm under the name and style 'Global Ocean Logistics' in 2011. In 2021, this venture was restructured into a corporate entity under the name 'Global Ocean Logistics India Private Limited'. The Company developed and increased the services which includes multimodal transportation, regulatory compliance like custom clearance and other related services. Under the leadership of Promoter and the support of employees, it has evolved into a company which is providing multimodal logistic solutions to the customer along with project and heavy-lift logistics solutions involve movements of odd and oversized cargo. Global Ocean Logistics India Limited is a freight forwarding company having multi modal logistics solutions. It has logistics services with diverse capabilities across verticals include (i) shipping/coastal transportation including ODC (Over Dimensional Cargo) (Ocean Freight Forwarding); (ii) road/rail transportation (iii) air cargo; (iv) Container Freight Station solution (CFS); (iv) Custom Clearance (v) and; other services. It operates through major Indian ports, including NHAVA Sheva, Hazira, Tumb, Pune, Mundra and Chennai and have pan-India operations through a network of 4 marketing offices in the city of Vishakhapatnam, Jaipur, Pune, Tuticorin. Since it operate in a globalized economy, it is essential for businesses to expand their reach and customer base across countries and sometimes across borders to compete in the market. Thus, to transport their products to these different markets whether within countries or across borders, they need to hire logistics services to assist them. Company operate through different agents for providing services in overseas locations. It take advantage of these opportunities as it provide the services to customer which are diversified across India and around the globe and also provide cross country logistic services. Company is planning the initial public Issue of 40,00,000 Equity Shares of face value of Rs 10 per share through fresh issue.