- Business
- Paradeep Parivahan Limited is an India-based integrated logistics, port infrastructure, and cargo handling services provider. Founded in 2000 and headquartered in Paradip, Odisha, India, the company operates as the flagship enterprise of the PPPL Group, serving heavy industrial sectors including steel, cement, mining, energy, fertilizers, and global maritime shipping lines. Paradeep Parivahan Limited delivers a comprehensive suite of supply chain and terminal management solutions structured across several core business verticals: Port and Stevedoring Services, comprising vessel stevedoring, bulk import and export cargo handling, ship husbandry, customs house clearance, port agency operations, and freight forwarding; Transportation and Material Handling, including intra-port transport, mine-to-port multimodal haulage, railway siding management, in-plant transfer of raw materials and hazardous industrial substances, and containerized transport; Heavy Equipment Leasing, offering the deployment and maintenance of heavy earth-moving machinery (HEMM) such as excavators, wheel loaders, bulldozers, hydraulic cranes, dumpers, and specialized multi-axle trailers; Marine and Dredging Works, encompassing capital dredging, maintenance dredging, and coastal civil engineering; and Storage Solutions, providing bonded warehousing, open yard bulk storage, and heavy-lift project cargo staging. While primarily anchored within the Paradip Port ecosystem along the eastern coast of India, the company operates across broader domestic corridors, including logistics hubs in Gujarat and Maharashtra. In recent corporate developments, Paradeep Parivahan Limited completed an initial public offering (IPO) raising approximately INR 44.86 crore and listed its equity shares on the BSE SME platform in March 2025 (BSE: PPARIVAH / 544383) to fund working capital requirements and fleet growth. Additionally, the company entered into an eight-year strategic agreement with UltraTech Cement Limited for the deployment of electric vehicle (EV)-based bulk logistics systems, while simultaneously expanding its operational scope into maritime civil construction and green transport initiatives across western and eastern shipping routes.