Gateway Distriparks
Gateway Distriparks Limited, a company based in Mumbai, India, is a logistics company with three verticals: Container Freight Stations, Inland Container Depots with rail movement and Cold Chain Storage & Logistics. The company was founded in April 1994, and originally promoted by Newsprint Trading & Sales Corporation, CWT Distribution Limited, NUR Investment and Trading Pvt. Ltd. and Intercontinental Forest Products Pte. Ltd. as a joint venture company to conduct the business of warehousing, container freight stations and all related activities. As of November 2015, Prism International Private Limited is the sole promoter of the company.
History
Year | Event |
1994 | Gateway Distriparks Limited founded |
1998 | GDL started CFS operations in Nhava Sheva |
2001 | IDFC invested 26 crores into GDL as private equity |
2004 | Temasek Holdings Singapore invested into GDL as private equity GDL acquired CFS in Chennai and CFS Vizag developed Acquisition of ICD Garhi Harsaru and development by GatewayRail |
2005 | GDL Listed with National Stock Exchange of India and Bombay Stock Exchange GDL raised 352.57 crore through the issue of GDR at Luxembourg |
2006 | GatewayRail obtained Category I CTO licence worth 50 crores GDL acquired majority stake in Snowman Frozen Foods Limited |
2007 | GatewayRail and Container Corporation of India form venture for container terminal GDL takes over Punjab Conware CFS on 15 year operations & management agreement |
2009 | Temasek sells 5.59% stake for 28 crore Allcargo Logistics Limited buys 5.97% stake in GDL for 29 crore GatewayRail starts operations at ICD Sahnewal |
2010 | The Blackstone Group invested 300 crores in GatewayRail |
2011 | GatewayRail develops ICD Faridabad International Finance Corporation invested 24.89 crores in Snowman GatewayRail commences double-stack container train operations |
2012 | GDL starts operations at Kochi CFS The Gateway Group crossed half a million TEUs annual throughput |
2013 | GDL acquires a second CFS in Chennai Norwest Venture Partners invested 60 crores in Snowman Snowman announces approval for IPO Snowman files for IPO |
2014 | GDL acquires 74 lakh equity shares of Snowman for 25.9 crores ICICI Prudential buys 10 lakh shares of GDL for 22.8 crores GatewayRail starts rail operations at ICD Faridabad Snowman files red herring prospectus for an IPO of its equity shares Snowman IPO opens on 26 August in the range of 44-47 Snowman IPO opens and anchor investors subscribe to 94.5 lakh shares at 47 per share Snowman IPO oversubscribed 60 times Snowman listed at 76 GDL share price at an all-time high at 278.90 Snowman gives 100% returns in six sessions Snowman planning to set up 3 warehouses and increase capacity by 14,500 pallets |
2018 | GDL acquires Blackstone shareholding in Gateway Rail Freight Limited |
2019 | Started Inland Container Depot operations at Viramgam |