Reach Logistics Private Limited

Logistics company offering supply chain management, freight management, and warehouse infrastructure services in Tamil Nadu and Karnataka.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Reach Logistics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.25 Cr
  • Satisfied Charges ₹ 11.11 Cr
  • Revenue Growth 25.11%
  • Profit Growth -63.25%
  • Ebitda 14.71%
  • Net Worth 1.57%
  • Total Assets 84.05%

About Reach Logistics

Reach Logistics Private Limited (RLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 1992 and has a history of 33 years and three months. Its registered office is in Chennai, Tamil Nadu.

The Corporate was formerly known as A. S. Trading (Madras) P Ltd. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.60 M.

The company currently has active open charges totaling ₹9.25 Cr. The company has closed loans amounting to ₹11.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amar Rahman, Sundararajan Seshadri, and Srikkanth Pathanjaleefswaran serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52599TN1992PTC022200

  • Company No.

    022200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

What products or services does Reach Logistics Private Limited offer?

Reach Logistics Private Limited offers a wide range of products and services, including Logistics Service, Cold Storage Services.

Company report

Reach Logistics Private Limited

Explore comprehensive data for Reach Logistics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Reach Logistics?

Executive Team (1)

NameDesignationAppointment DateStatus
Amar Rahman Country flag representing In Managing Director18-Feb-1992Current

Board Members (2)

NameDesignationAppointment DateStatus
Sundararajan Seshadri Country flag representing In Director 19-Jan-2022Current
Srikkanth Pathanjaleefswaran Country flag representing In Director 19-Jan-2022Current

Financial Performance of Reach Logistics.

Reach Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.11% increase. The company also saw a substantial fall in profitability, with a 63.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.57%.

Reach Logistics revenue growth over time
Reach Logistics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.11%
Revenue from Operations
24.86%
Total Assets
84.05%
Profit or Loss
-63.25%
Net Worth
1.57%
EBITDA
14.71%

What is the Ownership and Shareholding Structure of Reach Logistics?

In 2023, Reach Logistics had a public holding of 15.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹92.50 M

Satisfied Charges

₹111.10 M

Charges Breakdown by Lending Institutions

  • Others : 9.25 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2022Others₹9.25 CrOpen
17 Mar 2017Others₹4.50 CrSatisfied
08 Nov 2011Hdfc Bank Limited₹3.60 MSatisfied
08 Nov 2011Hdfc Bank Limited₹2.50 MSatisfied
02 Jul 2008Corporation Bank₹6.00 CrSatisfied

How Many Employees Work at Reach Logistics?

Reach Logistics has a workforce of 347 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Reach Logistics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reach Logistics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Reach Logistics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Reach Logistics

Recent activity within the organization

  • Annual General Meeting

    Reach Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 92.50 M registered on 08 Sep 2022 with Charge ID 100606894 was modified on 07 Aug 2023.

  • Balance Sheet

    Reach Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 92.50 M with Charge ID 100606894 was registered on 08 Sep 2022.

  • Charges

    A charge registered on 17 Mar 2017 via Charge ID 100096038 with Others was fully satisfied on 04 Apr 2022.

  • Director Appointment

    Sundararajan Seshadri was appointed as a Director was appointed as a Director on 19 Jan 2022 & has been associated with this company since 3 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Reach Logistics Private Limited?

    Reach Logistics Private Limited was incorporated on 18 Feb 1992.

  • What is authorized share capital and paid-up capital of Reach Logistics Private Limited?

    The authorized share capital of Reach Logistics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.60 M.

  • Who are the current board members & directors of Reach Logistics Private Limited?

    Currently 3 directors are associated with Reach Logistics Private Limited.

    • Amar Rahman
    • Sundararajan Seshadri
    • Srikkanth Pathanjaleefswaran

  • What is the registered address of Reach Logistics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Reach Logistics Private Limited is New No 173 Old 103 9Th Floor Block-B Navin'S Presidium Nelson Manickam Road, A Minjikarai India, Chennai, Tamil Nadu, 600029.

  • What is the corporate identification number (CIN) and company number of Reach Logistics Private Limited?

    The corporate identification number (CIN) of Reach Logistics Private Limited is U52599TN1992PTC022200 and the company number is 022200 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Reach Logistics Private Limited?

    The Official website of Reach Logistics Private Limited is https://www.ascargo.co.in

  • What has been the recent revenue trend for Reach Logistics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Reach Logistics Private Limited has risen by 25.11%.

  • How many employees does Reach Logistics Private Limited currently have?

    As Per 2023 financial reports, 347 employees are currently employed by Reach Logistics Private Limited.

  • What change has been observed in the net worth of Reach Logistics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Reach Logistics Private Limited has experienced an upsurge of 1.57%.

  • What are the total open charges for Reach Logistics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Reach Logistics Private Limited amount to ₹ 9.25 Cr.

  • When was the last Balance Sheet of Reach Logistics Private Limited filed with the ROC?

    The most recent Balance Sheet for Reach Logistics Private Limited was filed with the ROC on 31 Mar 2023.

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