Right Logistics Private Limited

Transportation and logistics services for air and sea freight, customs brokerage, and project cargoes.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 16, 2024

Right Logistics Profile

Key Indicators

  • Authorised Capital ₹ 0.15 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.47 Cr
  • Satisfied Charges ₹ 2.20 Cr
  • Revenue Growth 15.44%
  • Profit Growth 172.29%
  • Ebitda 248.47%
  • Net Worth 101.26%
  • Total Assets 78.75%

About Right Logistics

Right Logistics Private Limited (RLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 June 2004 and has a history of 20 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

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 0.15 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹1.47 Cr. The company has closed loans amounting to ₹2.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gangadharan Rajini and Kadanmar Veetil serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63090TN2004PTC053533

  • Company No.

    053533

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 2004

  • 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 Right Logistics Private Limited offer?

Right Logistics Private Limited offers a wide range of products and services, including Excavator and Earth Moving Machinery, Earthmoving Machinery, Forwarding & Custom Clearing, Clearing & Forwarding Services, Building & Real Estate Developers, Road Construction, Custom Clearing Service, Cargo Transportation Services, Air Cargo Service, Freight Forwarding Services.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kadanmar Veetil Country flag representing In Managing Director21-Jun-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Gangadharan Rajini Country flag representing In Director 06-Aug-2008Current

Financial Performance of Right Logistics.

Right Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.44% increase. The company also saw a substantial improvement in profitability, with a 172.29% increase in profit. The company's net worth Soared by an impressive increase of 101.26%.

Graph illustrating revenue growth over time
Graph showing 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
15.44%
Revenue from Operations
8.81%
Total Assets
78.75%
Profit or Loss
172.29%
Net Worth
101.26%
EBITDA
248.47%

What is the Ownership and Shareholding Structure of Right Logistics?

In 2023, Right Logistics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.66 M

Satisfied Charges

₹22.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.30 Cr
  • Axis Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
11 Aug 2022Others₹1.30 CrOpen
19 Jun 2019Axis Bank Limited₹1.66 MOpen
10 Dec 2021Hdfc Bank Limited₹1.30 CrSatisfied
15 Nov 2019Indian Bank₹9.00 MSatisfied

How Many Employees Work at Right Logistics?

Unlock and access historical data on people associated with Right Logistics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Right 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 Right 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 Right Logistics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 10 Dec 2021 via Charge ID 100525947 with Hdfc Bank Limited was fully satisfied on 21 Aug 2023.

    21 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 13.00 M with Charge ID 100603427 was registered on 11 Aug 2022.

    11 Aug 2022

  • Charges

    A charge registered on 15 Nov 2019 via Charge ID 100304051 with Indian Bank was fully satisfied on 20 Dec 2021.

    20 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.00 M with Charge ID 100525947 was registered on 10 Dec 2021.

    10 Dec 2021

Frequently asked questions

  • Right Logistics Private Limited was incorporated on 21 Jun 2004.

  • The authorized share capital of Right Logistics Private Limited is ₹ 0.15 M and paid-up capital is ₹ 0.12 M.

  • Currently 2 directors are associated with Right Logistics Private Limited.

    • Gangadharan Rajini
    • Kadanmar Pramod Veetil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Right Logistics Private Limited is 4F24Th Floor115Metro Tower P.H.RoadOop.To Abu Place Hotel, Chennai, Tamil Nadu, India, 600084.

  • The corporate identification number (CIN) of Right Logistics Private Limited is U63090TN2004PTC053533 and the company number is 053533 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Right Logistics Private Limited is https://www.rightlogistics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Right Logistics Private Limited has risen by 15.44%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Right Logistics Private Limited has experienced an upsurge of 101.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Right Logistics Private Limited amount to ₹ 1.47 Cr.

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

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