Allcargo Terminals Limited was incorporated on February 05, 2019 as a Private Limited Company with the Registrar of Companies, Mumbai, Maharashtra and later on converted into Public Limited w.e.f. January 10, 2022. The Company operates an asset light business model and its core business comprises of Container Freight Stations (CFS) and Inland Container Depots (ICD). It operate 7 CFS and ICD facilities in India, of which 4 are fully owned and 3 are through subsidiaries and Joint Ventures. As an extension of the port infrastructure, CFSs and ICDs offer services like Customs inspection/clearance, Stuffing/Destuffing, Weighment and storage, etc.
The Company is one of the largest CFS operators in India with a combined installed capacity of over one million square feet. Formerly a division of Allcargo Logistics Limited, it started CFS operations in 2003 with its first CFS at JNPT in Mumbai. Thereafter, the journey of growth continued with offering one of India's widest CFS-ICD networks. Further started CFS in Chennai and Mundra in 2007; ICD Dadri in a Joint venture with CONCOR in 2011, introduced another CFS in JNPT in 2012 and commenced CFS Kolkata operations in 2017; set up operations in JNPT and Mundra, through a subsidiary, Speedy Multimodes, in 2019.
In 2022-23, through Scheme of Arrangement and Demerger between Allcargo Logistics Limited (ALL/ Demerged Company), Allcargo Terminals Limited (ATL) and TransIndia Real Estate Limited (TREL) and their respective shareholde ...rs, Container Freight Station (CFS)/ Inland Container Depots (ICD) business divisions of the Demerged Company were transferred to the Company effective from April 01, 2023. In terms of the said Scheme, all the Assets and Liabilities of CFS/ ICD business Divisions of the demerged Company became Assets and Liabilities of the Company with effect from April 01, 2022. Subsequently, 24,56,95,524 Equity Shares of Face Value of Rs 2/- each of the Company were listed effective from August 10, 2023.
During FY 2024-25, Company achieved a 27% increase in operational capacity in key locations such as Nhava Sheva and Mundra.
FAQs on Allcargo Terminals Ltd
1. Can I buy Allcargo Terminals Ltd from PL Capital? ›
Yes, you can invest in Allcargo Terminals Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Allcargo Terminals Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Allcargo Terminals Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Allcargo Terminals Ltd pay dividends? ›
Allcargo Terminals Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Allcargo Terminals Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Allcargo Terminals Ltd. is ₹ 24.69 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Allcargo Terminals Ltd ? ›
The 52-week high and low of Allcargo Terminals Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
