Aegis Logistics is an India-based company, which was incorporated in the year 1956. It commenced business as a chemical manufacturer in 1967. It was formerly known as Atul Drug House. The company ventured into the logistic business in 1996-97 and hived off its chemical manufacturing unit in the year 2005. It has a strategic alliance with Essar Oil Ltd. Aegis Logistics Limited is based in Mumbai, India .The company's shares are presently listed on the Bombay Stock Exchange, National Stock Exchange, Ahmadabad Stock Exchange and Delhi Stock Exchange.
The promoters of the company have 70% stake in Hindustan Aegis LPG, an associate company. The latter has constructed two gas tanks on the existing premises of Aegis Logistics and has an arrangement for usage of land and usage of tanks. The company has acquired 75% stake in Sealord Container (a subsidiary) in June 2006. It started construction of ten tanks with total storing capacities of 75,000 kilolitres to store liquid at an estimated cost of Rs 750 million.
Aegis is a leader in oil and gas logistics. The services provided by the company include sourcing of product, storage and port operations, arranging road and pipeline movement, shipping, and integrated supply chain management. The company also charges its customers for using various other facilities like jetty operations, unloading and loading. Aegis Logistics also imports, markets, and distributes bulk propane and liquid petroleum gas to various industrial customers in steel, ceramics, glass, and pharmaceutical sectors
Currently, the company provides quality logistic facility at the Mumbai Port with storage facility at this location for liquid and gas. The company has 21 acres of land at Mumbai Port Trust having 35 tanks for liquid storage and two tanks for gas storage (owned by subsidiary).
It has recently ventured into a new segment of business of auto gas retailing and has three auto gas stations. The stations are operated under the brand name of `Aegis Auto gas` by a franchisee. The company also undertakes imports of LPG from Saudi Arabia and the same is marketed in India to its industrial customers.
Divisions of the company:
Broadly, the company has two business segments, namely, logistics and gas trading. For the logistics business, the company receives storage charges from the importers who use tanks of the company for storing cargo from vessels and loading it back to tankers or vessels.
The division of the company are 1) Liquid Terminal Division: The liquid terminal division undertakes storage and terminal ling facility of oil and chemicals products.
2) Gas Terminal Division: The gas terminal division relates to imports, storage and distribution of petroleum products, including liquefied petroleum gas (LPG) and propane. The Group's plants are located at Mumbai.
Awards & Milestones
2012-Aegis Logistics forays into marine bunkering sector to offer fuels and servicing solutions-Aegis Group launches Its “Marine Products Division
2010-Aegis Awarded BORL Contract-Aegis enters into a major deal with APM Terminals Pipavav for a Port Infrastructure Project.
"A1+" by CARE for Working Capital facilities“AA -” by CARE for Long-Term BorrowingsISO 9001:2008, Quality Management SystemsISO 14001:2004, Environmental Management SystemsOHSAS 18001:2007, Occupational, Health & SafetyRating 1 under LPG Regulations & Supply and Distribution Order by CARERating 1 under LPG (Regulation of use in Motor Vehicles for Auto Business) by CARE