CJ Darcl Logistics Moves Toward Public Listing; DRHP Filed with SEBI

03 Oct 2025 CW Team

The proposed offering comprises a fresh issue of up to 26,470,000 equity shares and an offer for sale of up to 9,905,355 equity shares. The IPO will follow the book-building route, with allocation up to 50 per cent for qualified institutional buyers, not less than 15 per cent for non-institutional investors, and a minimum of 35 per cent for retail investors. ICICI Securities and DAM Capital Advisors are the Book Running Lead Managers, and MUFG Intime India is the registrar. The equity shares are proposed to be listed on BSE and NSE.

CJ Darcl Logistics is a subsidiary of CJ Logistics Corporation, one of South Korea’s largest logistics firms by revenue. CJ Logistics Corporation reported consolidated sales of KRW 12,116,761.15 million (approximately USD 8.2 billion) for FY2024 and operates in over 38 countries, offering services including contract logistics, freight forwarding, express parcel delivery, and supply chain management.

Incorporated in 1986, CJ Darcl Logistics provides integrated logistics solutions across India, offering multimodal transportation, warehousing, and distribution services. The company operates an asset-right model supported by a large, tech-enabled partner network. As of March 31, 2025, it had 6,691 locations across India, including 202 branch offices, 14 warehouses, 1 railway stock yard, and a fleet of over 9.5 lakh partnered vehicles alongside owned and leased assets. Its specialized container inventory is among the largest held by any private company in India. The warehousing footprint expanded from 0.60 million sq. ft. in FY23 to 1.13 million sq. ft. in FY25.

CJ Darcl Logistics serves a diversified customer base across metals, minerals, coal, chemicals, FMCG, engineering, automotive, agriculture, and glass sectors. Revenue from operations rose to Rs 51.61 billion in FY25 from Rs 42.15 billion in FY23, while net profit increased to Rs 930.1 million from Rs 670.7 million over the same period. Long-term contracts contributed over 83 per cent of revenue in FY25.

CJ Darcl Logistics, the India arm of South Korea’s logistics giant CJ Logistics, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed Initial Public Offering (IPO), marking a major milestone in the company’s growth and a significant development for India’s logistics sector. The IPO is subject to receipt of requisite approvals and prevailing market conditions.The proposed offering comprises a fresh issue of up to 26,470,000 equity shares and an offer for sale of up to 9,905,355 equity shares. The IPO will follow the book-building route, with allocation up to 50 per cent for qualified institutional buyers, not less than 15 per cent for non-institutional investors, and a minimum of 35 per cent for retail investors. ICICI Securities and DAM Capital Advisors are the Book Running Lead Managers, and MUFG Intime India is the registrar. The equity shares are proposed to be listed on BSE and NSE.CJ Darcl Logistics is a subsidiary of CJ Logistics Corporation, one of South Korea’s largest logistics firms by revenue. CJ Logistics Corporation reported consolidated sales of KRW 12,116,761.15 million (approximately USD 8.2 billion) for FY2024 and operates in over 38 countries, offering services including contract logistics, freight forwarding, express parcel delivery, and supply chain management.Incorporated in 1986, CJ Darcl Logistics provides integrated logistics solutions across India, offering multimodal transportation, warehousing, and distribution services. The company operates an asset-right model supported by a large, tech-enabled partner network. As of March 31, 2025, it had 6,691 locations across India, including 202 branch offices, 14 warehouses, 1 railway stock yard, and a fleet of over 9.5 lakh partnered vehicles alongside owned and leased assets. Its specialized container inventory is among the largest held by any private company in India. The warehousing footprint expanded from 0.60 million sq. ft. in FY23 to 1.13 million sq. ft. in FY25.CJ Darcl Logistics serves a diversified customer base across metals, minerals, coal, chemicals, FMCG, engineering, automotive, agriculture, and glass sectors. Revenue from operations rose to Rs 51.61 billion in FY25 from Rs 42.15 billion in FY23, while net profit increased to Rs 930.1 million from Rs 670.7 million over the same period. Long-term contracts contributed over 83 per cent of revenue in FY25.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..