Ritco Logistics Share Price

In 1996, Ritco Kirti Associates (P) Limited was established with a focus on the contract logistics business. Ritco quickly became one of the leading liquid movers, specialising in the transport of petrochemicals. Following this Ritco Logistics Limited was formed in August, 2001. The Company commenced its journey in 1996 as a modest provider of contract logistics, catering to a select group of businesses with a compact team. Holding the ISO 9001:2000 certification and registration within Dun and Bradstreets global commercial database, the Company set benchmarks in logistics landscape over the past decades, consistently incorporating stateoftheart technology to uphold promise of delivering topnotch logistic services. Over the years, the Company became the largest provider of petroleum transport solutions with 750+ drivers, brokers and owners associated with Ritco over 150+ locations across India. As a comprehensive supply chain solution provider, it extend services, including landbased logistics, warehousing, and valueadded solutions across India. These services encompass a holistic, integrated freight transportation service, encompassing bulk load, dedicated load (round trip), full truck load (FTL), and less than truck load (LTL), managed through their own fleets or via independent thirdparty operators. It also provide ancillary services such as warehousing and valueadded services.In 2011, a new online tracking system was introduced to view the location of any shipment through Ritcos website. In order to provide the best service to its LTL customers, the Company also started its fleet of trucks. The Institute of Road. As its business grew, the Company further added another 100 customised vehicles to the fleet. In 2013 the Defensive Training for drivers began at all Fleet Centers. At this point, the Company entered the warehousing business focusing on diversification and expansion of warehouses and became one of the leading polymer carriers in India.The Company is presently engaged in transportation warehousing and logistics business. In 2019, it focused on modernization of fleet centres in Dahej and the construction of fleet yards in Guwahati, Surat Panipat, equipped with all advanced amenities.The Company got listed with BSE Limited on SME platform on February 07, 2019 and migrated to main board of BSE and NSE on April 12, 2022.Ritco has onboarded and started rendering services to many strategic steel, coal, and cement clients in East and South in 2024.