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AVG Logistics

AVG Logistics

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About

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

No Data is available.

Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Ratios ()

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Corporate Action

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Documents

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Credit Rating

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Overview

The Company was originally incorporated as a private limited company, at Delhi, India under the erstwhile Companies Act, 1956 in the name of AVG Logistics Private Limited by way of Certificate of Incorporation dated January 25, 2010. Further, pursuant to conversion of the Company to a public limited company, a fresh certificate of incorporation was issued by Registrar of Companies, Delhi on February 21, 2018.

They are an organised third-party logistics service operator offering logistics solutions to a wide range of customers. They offer Full Truck Load (FTL) and ‘hub-and-spoke’ transportation model and warehousing services to select clients with pan-India distribution network and automated technology systems. Their customers operate in various sectors across India, including automotive and heavy engineering, telecom, food and agro, fast-moving consumer goods (‘FMCG’), paint and dairy. They believe that their business model enables them to act as a service provider that can comprehensively cover their customers’ logistics requirements. They provide solutions that enable their customers to leverage the distribution network which optimises the performance, cost and efficiency of their supply chains, shortening their lead-time to market resulting in lower inventory costs to the customer. 

Business area of the Company

They offer their customers services in three key areas like transportation whereby they provide point-to-point, less-than truck-load, time-definite transportation services; warehousing whereby they provide warehousing, distribution and cold-chain warehousing; and value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.

Major Events and Milestones:

  • 2010: Incorporation of the Company.
  • 2012: Launched Cold Chain Services.
  • 2013: More than 45 vehicles were added to the existing fleet.
  • 2014: Crossed turnover of Rs 100 crore.
  • 2015: Launched Rail Freight services.
  • 2016: Awarded as Best Logistics Company of the Year by ASSOCHAM
  • 2017: Launched Inter-city Cold Chain Services.
  • 2018: Launched transportation services to Bangladesh and Nepal.
  • 2018: Converted from private to public limited company.

Awards and Accreditations:

They are certified for Quality Management Systems (ISO 9000-2008) and have certifications from IBA, SEDEX, and FSSAI license for compliance of their standards. They have received the ASSOCHAM Excellence Award – Best Logistics Company of the year 2016. 

Brands Of AVG Logistics

Brands Of AVG Logistics

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