MediumPositive
Announced Mon, 29 Jun · 16:59 IST

Rail-focused logistics firm Pristine Logistics confidentially files IPO papers with Sebi

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pristine Logistics, a rail-focused multimodal logistics firm founded in 2008, has confidentially filed IPO papers with Sebi. The company expanded its terminal network from 8 to 12 between FY23 and FY25, with container volumes rising from about 402,049 TEUs to 506,447 TEUs. It recently secured a long-term overburden excavation contract worth around Rs 3,422 crore from South Eastern Coalfields Limited, adding significant revenue visibility.