Stock exchange listed logistics companies in india

Once it goes through, the Ahmedabad-based company—which competes with Flipkart, Amazon, and Snapdeal in the e-commerce segment—will become the first online retailer to list on the BSE and the National Stock Exchange NSE.

Indian technology startups have largely stayed away from listing on domestic stock exchanges so far due to unfavourable regulations. The existing rules often measure startups on the same parameters as legacy companies, which have entirely different business models and growth trajectories. In June, SEBI announced a fresh set of norms to facilitate easier listing of startups on a separate platform of the BSE and the NSE.

So the response that this listing gets from investors may provide a reality check for the sector. Of the handful internet companies listed on Indian stock exchanges, the most prominent are Info Edge—which operates portals like Naukri.

Tiger Logistics (India) Share Price, NSE/BSE Live Stock Price & Company Profile

Founded in by Vishal Mehta—a Cornell University and Massachusetts Institute of Technology graduate, who worked at Dell and Amazon—Infibeam has presence across several e-commerce verticals.

Its businesses include a multi-category online retail website called Infibeam.

During financial year , Infibeam had a revenue of Rs In the nine months that ended on Dec. Infibeam plans to use the funds raised through the IPO for setting up a cloud data centre, buying an office space, setting up 75 logistics centres, purchasing some software and other general corporate purposes.

As on March 31, , Infibeam had 13 logistics centres across 12 Indian cities, and six warehouses located each at Delhi, Gurgaon, Bengaluru, Ahmedabad, Mumbai and Kolkata.

October 07, Quartz india. Written by Itika Sharma Punit. Most Popular The most forward-thinking, future-proof college in America teaches every student the exact same stuff. While the Indian indices opened way lower than Friday's close, they recovered substantially by the end of the day.