Amrut Dredging And Shipping Limited

Amrut Dredging and Shipping Limited, incorporated in 2014, is an India-based marine infrastructure and dredging contractor serving major and non-major ports, shipyards, and maritime entities. Led by Managing Director Pavan Anilbhai Gandhi — an MBA in Financial Markets with deep expertise in marine infrastructure and corporate finance — alongside promoters including Amrutlal Jivandas Gandhi, Manoj Harshadrai Lotia, and others, the company offers a wide range of services spanning capital and maintenance dredging, vessel charter hire, coastal protection, land reclamation, salvage, and bunkering, backed by a fleet of 28 owned and leased vessels. Its client roster includes marquee names like Larsen & Toubro, HOWE Engineering, and Coastal Marine Construction, underscoring its credibility in the sector. The company has filed its DRHP in November 2024 for an SME IPO comprising 49,10,000 fresh equity shares, with proceeds aimed at fleet expansion and working capital, while also having cleared a long-standing loan charge in January 2025 — signaling improving financial health ahead of its public market debut.