Pristine Logistics and Infraprojects has officially taken the first steps toward entering the public markets, submitting a confidential Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (Sebi).
The company, which specializes in multimodal logistics centered on rail transport, plans to utilize the anticipated capital to bolster its physical footprint. Key areas of focus include the expansion of integrated terminals, warehousing capacity, and overall cargo handling capabilities.
This strategic move comes as the firm solidifies its market position, recently securing a significant Rs 3,422 crore coal mining contract. By diversifying its service portfolio and enhancing infrastructure, Pristine aims to capitalize on India’s growing demand for sophisticated supply chain solutions.
The confidential filing process allows the logistics major to test market waters before finalizing its public offering size and timeline, signaling a major milestone in its corporate growth trajectory.
