Drs Dilip Roadlines Ltd Ipo

Drs dilip roadlines ltd ipo

Packing and Moving vlog - #AgarwalPackersandMovers-

  DRS Dilip Road Lines Limited is an ISO 9001:2015 certified Company that is involved in providing logistics services of goods through surface transportation. It carries packing and moving business under the brand name ‘Agrawal Packers and Movers’ that is framed named in the household relocation sector across the Nation.

Date of Incorporation: The company was incorporated under the name of ‘DRS Dilip Roadlines Private Limited’ on 10th July 2009, under Indian Companies Act 1956, Andhra Pradesh.

Drs dilip roadlines ltd ipo

Subsequently, it was reformed to public limited company ‘DRS Dilip Roadlines Limited’ on 06th September 2018.

Promoters of DRS Dilip Roadlines Limited IPO: Mr Dayanand Agrawal, Mr Anjani Kumar Agrawal and Mr Sanjay Agrawal are the promoters of DRS Dilip Roadlines Limited IPO.

Products and Services Offering: The Company primarily offers goods carrying services consisting of:

  • - Transportation Services.

  • - Packing And Moving.

  • - Warehousing.

It has also introduced ‘CHAPP VAN’ a composite container vehicle for house shifting in packaging and moving segments that can transport (Car, Households, Artifacts, Plants and Pets) which has been recognised by Limca Books of Records.

Customer Segments: The company has major corporates namely MRF Limited, CEAT Limited, Micro Labs Limited, Mahindra & Mahindra Limited, Cactus Profiles Private Limited and PPG Asian Paints Private Limited among its clientele.

The company has its offices across Kolkata, Mumbai, Pune, Delhi, Cochin and Chennai among other states across India.

Objects of DRS Dilip Roadlines Limited IPO: The core objectives of this IPO are:

  • - Repayments of Unsecured Loans.

  • - To set up an Additional Warehouse at Telangana.

  • - To acquire Additional Branches for Expansion.

  • - General Corporate Expenses.

Company Financials:


Summary of Financial Information (Restated)

Particulars

For the year/period ended (in Rs.

Lakhs)


31-Mar-18

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

Total Assets

8,299.32

7,814.93

5,299.06

4,986.01

4,498.53

Total Revenue

14,261.71

14,190.32

15,308.40

14,634.30

13,249.54

Profit After Tax

345.39

108.18

50

44.1

-41.16

Drs dilip roadlines ltd ipo