TIGERLOGS · price
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Tiger Logistics has secured a one-year import logistics contract worth approximately ₹2 crore from Bank Note Paper Mill India Private Limited (BNPMIL), a Government of India enterprise. Under this mandate, Tiger Logistics will handle freight forwarding (air and sea), customs clearance, and inland transportation operations for shipments destined for BNPMIL's Mysuru Plant. The import shipments will originate from 13 countries including Germany, France, USA, Canada, and Singapore, arriving through Bangalore Airport, Chennai Seaport, and Bangalore ICD. This contract represents a renewal of BNPMIL's existing mandate with Tiger Logistics, reflecting continued trust in the company's operational capabilities. The company views this as reinforcing its growing presence in servicing government and PSU clients.
The contract provides modest revenue visibility for the upcoming financial year. While the ₹2 crore contract size is relatively small, the renewal with a government enterprise demonstrates Tiger Logistics' ability to retain and grow its government/PSU client base, which could support investor confidence in the company's service quality and long-term business relationships.