AVG Logistics Limited was originally incorporated as a private limited company with the name 'AVG Logistics Private Limited' on January 25, 2010. Further, the Company changed its name to 'AVG Logistics Limited' on February 21, 2018.
The main objects of the Company are transportation of goods, warehousing and other incidental activities there to. The Company is also involved in trading business. AVG is an organised third-party logistics service operator offering logistics solutions to a wide range of customers. It offers 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.
Besides this, the Company offers customers services in three key areas (1) Transportation whereby it provides point-to-point, less-than truck-load, time-definite transportation services; (2) Warehousing whereby it provides warehousing, distribution and cold-chain warehousing; and (3) Value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.
The Company operates 264 owned containerised vehicles which are GPS-enabled vehicles, of which 85 are refrigerated (reefer) trucks. The Company provides warehousing facilities to select customers and it is well connected to several manufacturing and consumption clusters in India aggregating to 3.54 lakh square feet. The Company has warehouses in Modinagar, ...Ghaziabad, Delhi and Panipat. The Company is in the process of setting up additional large format, multi-user warehouses in certain strategic locations and has acquired land at Agartala in Tripura and Mysore in Karnataka adding 1.08 lakhs square feet.
The Company adopted technology and processes, including (i) a system on loading and unloading of orders with accuracy; (ii) GPS-enabled trucks that provide real-time visibility of shipments; (iii) data logger for controlling temperature in reefers and (iv) driver and truck management systems. All warehouses are equipped with information and technology services like warehouse management systems (WMS) for optimal management and storage in the warehouse.
In 2012, the Company launched Cold Chain Services. In 2013, more than 45 vehicles were added to our existing fleet; it launched Rail Freight Services in 2015; further launched Inter-city Cold Chain Services in 2017; launched transportation services to Bangladesh and Nepal in 2018.
In April, 2018, the Company came up with an Initial Public Offer of issuing 30,90,000 Equity Shares. The Company incorporated a Joint Venture Company, NDRAVG Business Park Private Limited and acquired 35% of the total share capital in 2018-19.
In 2020-21, two new business divisions were introduced, the Cold Chain business division, company has segregated the reefer Division from the Fleet Operations and secondly, Costal Container business division.
In 2023, the Company expanded the Cold Chain Division and ventured into the Parcel Division. Further, it expanded the Rail cum Road services to new industries, including e-commerce, automotive and pharmaceuticals.
The Company launched its first LNG fleet in April, 2024. In June 2024, the Company acquired a strategic land parcel in Khurda, Odisha.
In FY 2025, Company ventured into new service areas, including liquid logistics and entry into the Heavy commodity business segment, i.e., Cement and Steel, to align with rising market demand for speed, efficiency, and sustainability. The fleet strength has expanded to over 3,000 vehicles. It expanded the operational network to over 70 branches, supported by increased technology integration and higher network density. Company has acquired a 99% stake in M/s. Kaizen Logistics in FY 2025.
FAQs on AVG Logistics Ltd
1. Can I buy AVG Logistics Ltd from PL Capital? ›
Yes, you can invest in AVG Logistics Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track AVG Logistics Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade AVG Logistics Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does AVG Logistics Ltd pay dividends? ›
Yes, AVG Logistics Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding AVG Logistics Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of AVG Logistics Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for AVG Logistics Ltd. is ₹ 150.62 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of AVG Logistics Ltd ? ›
The 52-week high and low of AVG Logistics Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
