SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gateway Distriparks completes acquisition of ICD Kashipur

23 Dec 2022 Evaluate

Gateway Distriparks (GDL) has completed the acquisition of Kashipur Infrastructure and Freight Terminal (KIFTPL), which owns and operates ICD Kashipur located in Uttarakhand. Spread over 41 acres, the ICD has three rail sidings and the target market in the region includes various industries such as paper products, wastepaper, chemicals, home furnishings, handicrafts, automotive parts, polyfilms, soda ash and other industrial goods.

ICD Kashipur will add additional volumes to the rail operations of GDL and will be connected to the Western Dedicated Freight Corridor via the company’s ICD in Gurgaon by utilising our hub and spoke operations, and increasing the overall double stack volume for the company. With this acquisition, KIFTPL has become a subsidiary of the Company, effective from December 23, 2022. Furthermore, the process to acquire the remaining 0.08% shareholding from Fourcee Infrastructure Equipments, which is in liquidation, is underway.

Gateway Distriparks (formerly Gateway Rail Freight) is engaged in providing inter-modal logistics services.

Gateway Distriparks Share Price

59.34 1.92 (3.34%)
04-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×