MARG Limited
 |
|
| Public : | |
| Industry | Infrastructure |
| Founded | 1994 |
| Headquarters | Chennai, India |
|
Key people
|
G R K Reddy (Chairman & Managing Director) |
| Revenue |
 ₹15.8 billion (US$250 million) (FY 2012) |
|
₹1.10 billion (US$17 million) (FY 2012) |
|
| Total assets | ₹1.79 billion (US$28 million) (FY 2012) |
| Website | www.marggroup.com |
MARG Limited (formerly MARG Constructions Ltd.), is an Indian construction company.
Established in 1994, MARG Ltd is one of India's fastest growing infrastructure organizations and is listed by Dun & Bradstreet as among "India's Top 500 Companies 2011". The company is promoted by G R K Reddy, a first generation entrepreneur and is listed on the and its shares are traded on the NSE under the category of 'Permitted Security'. MARG Group employs over 1,000 people at various locations across India.
MARG Group today operates the ‘MARG Karaikal Port’ having a current capacity of 21 MMTPA. In addition, the Group has developed 1.2 Mil sqft of residential space, delivered 1200 homes and has a customer base of over 4000. The Group is executing 21 major projects worth more than Rs.3800 crores in varied domains through its EPC division. Major developments include a 1.85 million sq.ft. integrated development – 'MARG Junction Mall' and a unique 23 million sq. ft. integrated industrial and services township, 'MARG Swarnabhoomi'.
MARG's business is mainly structured across:
1. MARG Karaikal Port
2. Real Estate
3. MARG Swarnabhoomi
4. Serviced villa plots
5. MARG EPC
Awarded under BOT basis by the Government of Puducherry in 2006, MARG Karaikal Port is a port on the South East coast of India (Keezha Vanjore Village, Karaikal) with a sizable primary hinterland. It is the only all weather, deep water, multi- commodity port between the Chennai port & Tuticorin ports on this 680 km coastline having the advantage of being served by 4 national highways and rail connectivity through 6 private railway sidings. Notably, MARG Karaikal Port is the only port in India to have in-house logistic solutions & dredging facility.
The Port has completed development with 5 berths to handle capacity of 21 MMTPA including 2 cape size berths for handling bulk cargo, 2 pananmax size berths for general cargo & container and 1 berth dedicated for handling smaller vessels up to 25000 DWT. Phase 3 completion work which will lead to a total of 9 berths capable of handling 47 MMTPA is underway. Over 500 major vessels were berthed since commissioning of the Port.
Diversified cargo mix
MARG Karaikal port is a multi-cargo port and currently handles all types of dry cargo, in bulk and break bulk form, as well as containers and liquid cargo.
Bulk: Coal, fertilizer, sugar, gypsum, agricultural products
Break bulk: Bagged cement, bagged sugar, stell plates & pipes, project cargo
Liquid bulk: Crude oil, Edible oil, petroleum, oils & lubricants
Containers: All types
MARG Karaikal Port has earned a number of customers across cargo types like HOEC & Reliance in OSV/PSV. Krishna & Co. and Madras Cements for general cargo. Madras Cements, Chettinad Cements, India Cements, Bhatia International, Coal & Oil, Devendran Coal, JSW, MALCO, TNPL, Seshasayee Paper Boards Limited (SPBL), Dalmia Cements, Adani Enterprises for coal. Thiru Aaroon Sugars for raw sugar. South India Edible Oil for copra cake. Coromandel Fertilizers, Nagarjuna Fertilizers, Zuari for fertilizers. Nagarjuna Oil Corporation, ENI, BHEL for project cargo.
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