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Open
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Close
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Allotment
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Listing
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Issue Size
49,10,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 161.83 | 147.17 | 72.90 | 53.96 |
| Total Income | 21.14 | 39.79 | 25.14 | 22.98 |
| Profit After Tax | 10.51 | 5.00 | 0.36 | 1.97 |
| NET Worth | 120.54 | 110.03 | 39.01 | 39.14 |
| Reserves and Surplus | 108.03 | 97.52 | 31.86 | 31.99 |
| Total Borrowing | 13.08 | 14.18 | 21.79 | 5.51 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of dredgers, barges and tugs. | 35.95 |
| 2 | To fund the working capital requirements of the Company. | 19.00 |
| 3 | To fund the expenditure towards general corporate purposes.. |
About Amrut Dredging IPO
Incorporated in 2014, Amrut Dredging and Shipping Limited is a private marine and dredging services company based in India. The company operates as a contractor, providing marine infrastructure and dredging services to both major and non-major ports, shipyards, and other maritime entities across the country. The core business includes charter hire of marine vessels and execution of capital and maintenance dredging projects. The company also engages in rock dredging using non-explosive methods, supporting environmentally sensitive operations. Its services extend to coastal protection, beach nourishment, land reclamation, and inland dredging, often delivered as integrated solutions in collaboration with port operators and consulting engineers. Amrut Dredging and Shipping Limited operates a fleet of dredgers, hopper barges, jack-ups, tugboats, and other specialized marine equipment for short- and long-term charters, both in India and internationally. In addition, the company provides allied services such as salvage, bunkering, potable water and fuel supply, and sea transportation. With experience across various marine projects, Amrut Dredging and Shipping Limited has served clients su
Contact Details
Amrut Dredging & Shipping Ltd. AddressStar Chamber, Office No. 822,Harihar Chowk, Sadar Bazar,Rajkot - 360001, Gujarat, IndiaRajkot, Gujarat, 360001+91 0281-2228006info@amrutdredging.comVisit Website