Arvind & Co Shipping Agencies Limited, originally established in 1987 as a private entity, transitioned to a public limited company in April 2023. Based in Jamnagar, Gujarat, it is part of the Arcadia Group, known for providing comprehensive port construction and chartering services. Arvind & Co specializes in the chartering of barges, boasting a fleet that includes five significant acquisitions made between 2021 and 2023. These barges are essential for transporting heavy equipment and materials for construction projects near water bodies.
In addition to its core shipping operations, Arvind & Co has diversified into the hospitality sector, operating two hotels, 'Hotel Millennium Plaza' and 'Hotel 999', each with 72 rooms. The company generates revenue primarily from its chartering and hospitality divisions. Arvind & Co is currently proposing a public issue of 3,276,000 equity shares through a fresh issue, aiming to expand its business operations and enhance its market presence.
