MARG Karaikal Port

MARG Karaikal Port Founded:2006

Karaikal Port Private Ltd (KPPL) is a subsidiary of MARG Ltd, a leading infrastructure and real estate developer along the Chennai IT corridor.
MARG Karaikal Port is envisaged to have a total of 9 berths capable of handling 47 MMTPA by 2018.
The port is envisioned to be developed in 3 phases with the final phase getting operational in 2017. Phase - I of development, which was completed in April 2009, comprises two Panamax size general cargo berths.
The Port hosts various other infrastructure facilities such as covered warehousing, open storage and Mobile Harbour Cranes.
The Port has excellent evacuation facilities with 3 railway sidings and National Highways within a Kilometer from the gate. An area of around 600 acres is covered by the Port boundaries.

Financial / Funding data

Series A Funding: Karaikal Port got Rs. 150 cr equity from IDFC fund in 2010
Series B Funding: Ascent Capital invested Rs. 200 cr in Karaikal port in 2011.
Series C Funding: Standard Chartered arm invested Rs. 130 cr in Karaikal Port in 2012.
Series D Funding: PE fund Jacob Ballas invests Rs. 200 cr in MARG Karaikal Port in 2012.


Total Funding: Rs. 680 Cr.

Employees51-200
DescriptionIndia's Largest Private Port to handle large vessels and diverse cargo mix.

Milestones

GRK Reddy awarded as "Business leader & Visionary of the year" at the 5th South East Cargo and Logistics Awards 2013, Chennai.
MARG Karaikal Port adjudged as the ‘Best Project’ under the Port Development category at the prestigious ‘D&B – AXIS BANK INFRA AWARDS 2012’, Mumbai.
MARG Karaikal Port Chosen as the ‘Innovative Port of the Year’ at South East CEO Conclave & Awards, 2012.
MARG Karaikal Port recognized with 'EXIM Achievement Award' for its operational efficiency in EXIM operations by Tamil Chamber of Commerce on 7th February 2012.
"Special Jury Award" for GRK Reddy at the 'Gateway Awards of Excellence – Port & Shipping 2012' on 19th January 2012 at New Delhi.
MARG Karaikal Port bags the “Seaport project of the Year” at the ‘Construction Week Awards 2011’ at Mumbai.
MARG Karaikal Port awarded as 'Emerging Port of the Year' at South East Cargo & Logistic Awards in July 2011 at Chennai.
MARG Karaikal Port received the prestigious award for "Outstanding Achievement – Port Development & Port Management" conferred by SHIPPING, MARINE & PORTS World Expo 2010 on March 4, 2010, in Mumbai.
GRK. Reddy has been awarded the 'South East CEO Conclave Award 2010' for Corporate Social Responsibility.

More Information

Key People

GRK. Reddy: CEO

M. L. N. Acharyulu, Executive Director – Marine Infrastructure
V. Chellappan, Chief Technical Advisor (Marine Projects)
Capt. K.N.Ramesh, Chief Operating Officer - KPPL

Products / ServicesPort, Cargo

Contact Details

Location Chennai
Phone Number+91 44 4562 4000
Company Office Address

Karaikal Port Private Limited,
5th Floor, MARG 'Pancham',
Block B, No.334, Futura Tech Park,
Rajiv Gandhi Salai, Sholinganallur,
Chennai -600 119, India
Web Address: www.karaikalport.com