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Ritco Logistics

Ritco Logistics

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About

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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.)

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Overview

Ritco Logistics, was  originally  incorporated  as  'Ritco  Logistics  Private  Limited' at  Delhi  as  a  Private  Limited  Company  under  the  provisions  of  Companies  Act,  1956  vide  Certificate  of  Incorporation dated August 23, 2001. Subsequently, the company was converted into Public Limited Company pursuant to a special resolution passed by members in an Extra Ordinary General Meeting held on May 02, 2018. Consequently, the name of the company was changed to Ritco Logistics Limited vide a fresh Certificate of Incorporation dated May 21, 2018, issued by the Registrar of Companies, Delhi.

Business area of the Company:

Ritco Logistic, is engaged in the business of providing goods transport service along with warehousing facilities. The company provides a range of services including contract logistics, less than Truck Load (LTL) and Fleet Rental Services. The company primarily serves to industrial consumers who need to transport bulk quantities of their goods within India. The main portion of the revenue is from Contract Logistics. In 2017-18 Contract Logistics services contributed around 78.73% of total revenue.

Key Events and Mile Stones:

2001: Incorporation of the company as 'Ritco Logistics Private Limited'.
2008: Amalgamation  with  Ritco  Kirti  Associates  Private  Limited  as  per  order  of Hon’ble High court of Delhi.
2014-15: Company’s Total Turnover exceeded Rs 300 core.
2018: Conversion into Public Limited Company as “Ritco Logistics Limited.

Awards and Accreditations:

2006: Awarded  with  ISO  9001:2015  Certificate  for  providing  Logistic  Services  by Supply Chain Management wide Certificate No. 11361-AQMS-1461.
2010: Won  the  Award  for  Best  efforts  for  Transportation  Safety  by  MCC PTA  India Corporation Private Limited.
2012: Won  award  for  the  Best  Road  Transporter  of  the  Year  by  MCC  PTA  India Corporation Private Limited.
2014: Won  award  for  the  Best  Road  Transporter  for  the  year  2014  for  enduring commitment to efficiency, quality and safety in product transportation by Road by MCC PTA India Corporation Private Limited.
2015: Won  Award  for  the  Best  Road  Transporter  for  the  year  2015  for  enduring commitment to Efficiency, Quality And Safety in Product Transportation by road by MCC PTA India Corporation Private Limited.
2017: Won  Award  for  the  Best  Promising  Transport  Partner  for  the  year  2017  for enduring    commitment    to    Efficiency,    Quality    And    Safety    in    Product Transportation by road by MCPI Private Limited.

Brands Of Ritco Logistics

Brands Of Ritco Logistics

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