Vasuki Global Industries Limited IPO Details

Vasuki Global Industries Limited, incorporated in 2016, is a vertically integrated procurement and processing solutions provider, serving a diverse range of industries. The company's operations are primarily divided into two segments:

1. Procurement & Processing Solutions: Vasuki specializes in the sourcing and processing of both imported and domestic coal, including Indonesian, Australian, South African, Mozambican, U.S., and Russian coal. Coal is screened and segregated at the company’s processing unit located in Nana Dahisara, Morbi, to meet specific client requirements. In addition to coal, the company also provides procurement solutions for petroleum products such as oil and liquified petroleum gas (LPG), as well as refractory materials and raw/finished materials used in the cement and construction sectors.
2. Logistics Services: The company offers bulk and full truckload surface transportation services, supported by its own fleet comprising 28 dumpers, 18 open body trucks, 33 bulker trucks, and 5 platform trucks (as of September 30, 2023). Vasuki also leverages a network of third-party logistics providers to extend its transportation capabilities.

As of March 31, 2023, the company had long-standing relationships with 44 clients for over six years and served a total of 766 customers. The team comprises 178 employees as of December 31, 2023.