Indian Port Rail & Ropeway Corporation Limited, a Joint Venture Company between the 11 Major Ports (under the Ministry of Ports, Shipping and Waterways, Formerly Ministry of Shipping) and Rail Vikas Nigam Limited (RVNL) as equity shareholders. Established as a public limited company under the Companies Act, 2013, with an initial authorized capital of  Rs. 500 crores. The initial subscribed share capital is Rs.100 Crore. 

S.No.	Shareholder		Equity In % age
1		Jawaharlal Nehru Port Trust	15.3
2		Visakhapatnam Port Trust	10.8
3		Kolkata Port Trust	10.8
4		Paradip Port Trust	10.8
5		New Mangalore Port Trust	7.2
6		Chennai Port Trust	7.2
7		Deendayal (Kandla) Port Trust	7.2
8		Kamarajar Port Limited	7.2
9		Mumbai Port Trust	4.5
10		Mormugao Port Trust	4.5
11		V.O. Chidambaranar Port Trust	4.5
12		Rail Vikas Nigam Limited	10
		Total	100