Mercantile Ports & Logistics Ltd. Stock Analysis MPL.L

Mercantile Ports & Logistics Ltd. is a holding company, which engages in the development and operation of port and logistics facilities. The company employs 46 full-time employees The company went IPO on 2010-10-07. The firm is implementing its project of developing a modern port and logistics facility at Karanja Creek in the Raigad District of Maharashtra. The port is being developed on approximately 200 acres of land with a sea frontage of over 1,000 meters at Karanja Creek. The multi-purpose terminal accommodates a variety of cargoes, including containers, bulk, break-bulk cargo, and roll-on/roll/off (Ro-Ro). The terminal is comprised of approximately 800 meters of quay, utilizing both sides of a 400-meter jetty, which is serviced by multipurpose cranes, and over 200-acre back-up area for cargo storage and logistics facility. The Karanja Terminal also focuses on housing a logistics complex spread over approximately 100 acres of land. The facility comprises logistics and warehousing facilities for storage of cargo, including cold and bonded storage, and value-add services.