Adani Ports & Special Economic Zone Share Price

Adani Ports and Special Economic Zone Limited is an integrated ports and logistics company. It is the largest private multi-port operator in the country, accounting for about one-fourth of the cargo movement in India. They control 13 domestic ports in 7 maritime states of Goa, Kerala, Andhra Pradesh, Tamil Nadu, Maharashtra, and Odisha. In addition, it has a widespread national footprint with deepened hinterland connectivity. 

The ports of Adani Ports are equipped with the modern and latest cargo-handling infrastructure, they are known to be the best-in-class for handling large vessels that come to the Indian shores.
Adani Ports represents an immense network of ports with its largest port at Mundra. In less than two decades, they have an unparalleled portfolio of ports infrastructure across India. They have 13 strategically located ports and terminals representing 24% of the country’s port capacity.

Adani ports, along with its subsidiary operates three logistics parks located in Kila-Raipur in Punjab, Patli in Haryana, and Kishangarh in Rajasthan. Adani Ports have the capacity to handle about 500,000 twenty-foot equivalent units annually. The Adani logistics business is, without a doubt, growing at a fast pace.
Throughout its life span, Adani Ports has significantly evolved into an integrated port infrastructure services provider. The Mundra SEZ, which is in Gujarat, is the best validation of the landmark. 
The integrated services of Adani Ports have three verticals that are Logistics, Ports, and SEZ, which allows them to partner-up with the leading Indian businesses.

Adani Ports History

Adani Ports was incorporated as Gujarat Adani Port LTD (GAPL) on 26th May 1998.They commenced their operations from a private port at Mundra on India's west coast. The company is now known to be the operator of the biggest private ports and special economic zone. 
In October 2002, Adani Ports signed an agreement with the Indian Oil Corporation to set up a single mooring point in Mundra for facility and Crude oil handling. In November 2002, the company signed an agreement with Indian Railways for adding Mundra to the Adipur railway line with the national rail network. In January 2003, they signed the sub-concession agreement for the container terminal, which became operational in July 2002. 

In April 2004, the Adani Ports company entered into a shareholder agreement with Kutch Railway Company LTD for gauge conversion from Gandhidham to Palanpur. In July 2006, the company's name was changed from Gujarat Adani Port to Mundra Port and Special Economic Zone LTD.
In April 2007, Adani Ports signed the port services agreement with the Tata Powered promoted power generation company to manage imported coal cargo. The company's shares were listed in November 2007 on National Stock Exchange and Bombay Stock Exchange. It also signed a deal with Maruti Suzuki India LTD in 2008 to manage the car exports.
 

Adani Ports – Some Important Facts

    
1. In 2021, the company raised INR 1000 Cr through  listed secured redeemable NCDs of the face value of 1 million INR each.

2. The company completed more than 75% of the acquisition of the Krishnapatnam port. They later entered into the definitive agreement to acquire the balance of 25% of the stake at a company value of     more than 136.75 billion INR.

3. Adani Ports completed the acquisition of Dighi Port for more than 7 billion INR and announced the acquisition of the Sarguja Rail Corridor and Gangavaram Port.

4. Adani Ports acquired a 100% stake in AYN Logistics Infra Private Limited on 4th May 2021.
 

Adani Ports – Awards Received

Below is the list of awards received by the Adani Ports for its generous contribution to the logistics and port sector:
    
1. Adani Ports and Special Economic Zone Limited won the Call supply chain and logistics excellence awards in the container logistics category.     

2. Adani Ports won the Golden Peacock Award for CSR Activity in 2016 by the Institute of Directors in New Delhi.

3. Adani Ports and Special Economic Zone LTD has won an Honorary Special Mention award at the first national CSR award ceremony.

Adani Ports – Corporate Info

Incorporation Year: 1998     
     
Registered Office: Adani House Mithakhali Six Rds, Navrangpura, Ahmedabad, Gujarat – 380 009     
     
Telephone: 91-79-26565555     
     
Fax: 91-79-25555500     
     
CIN: L63090GJ1998PLC034182     
     
Industry: Ports and Shipping     
     
Auditors: Deloitte Haskins and Sells LLP

Adani Ports – Shareholding Pattern
 

Number Of Shares: 100%

Promoters: 65.6%

Banks and Mutual Funds: 5.09%

Central Government: 0.03%         
     
General Public: 3.27%

Financial Institution: 7.49%

Others: 1.58%