About Reverse Logistics Company Private Limited
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Reverse Logistics Company Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 03 July 2008.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63030DL2008PTC180429. The company has 10 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹4.93 Lakh. It is led by directors Hitendra Chaturvedi (Managing Director) and Savita Chaturvedi.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Khasra No.337 1st Floor Chaudhary Satbir Complex Near Crc – 2 Village – Sultanpur Mg Road, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2018, the company reported a revenue of ₹21.66 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹6.45 Cr (net margin -29.8%) and EBITDA of -₹5.75 Cr (EBITDA margin -26.6%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years.
The company has about 20 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: GreenDust and Reverse Logistics. As per MCA filings, the company has open charges of ₹17 Cr and satisfied charges of ₹22 Cr on record. Court records list 16 cases involving the company, including 13 filed by the company and 3 filed against it. The company has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹177.1 Cr; the latest was in December 2014. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Reverse Logistics), with the same principal business activity (wholesale trading) are compared by revenue, 3 smaller; the largest is Astir N Leap E Experts Private Limited with revenue of ₹21.48 Cr.
The last known website on record is rlgindia.in.
Company details
Contact details
Reverse Logistics Company Private Limited's registered office is in New Delhi, Delhi. Its website is rlgindia.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressKhasra No.337 1st Floor Chaudhary Satbir Complex Near Crc – 2 Village – Sultanpur Mg Road, New Delhi, Delhi, India – 110030
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Reverse Logistics Company Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Reverse Logistics Company operates two associated brands: GreenDust and Reverse Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in online retail of factory second products through reverse logistics. | greendust.com | |
| Technology-enabled reverse logistics solutions are provided for returns management. | reverselogistics.in |
Business activity
The main business activity of Reverse Logistics Company is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Reverse Logistics Company Private Limited, buy the company report.
Financials of Reverse Logistics Company Private Limited
FY 2018 filings availableReverse Logistics Company Private Limited reported revenue of ₹21.66 Cr (down 84% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over three years, including a 84% fall in the latest year. EBITDA rose 91% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹21.66 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹5.75 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.45 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -26.6% | |||
| Net Profit Margin | -29.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Reverse Logistics Company Private Limited, buy the company report.
Board of directors of Reverse Logistics Company Private Limited
Reverse Logistics Company has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savita Chaturvedi | Director | 03 Jul 2008 | 18 Years 3 Months | As last reported |
| Hitendra Chaturvedi | Managing Director | 03 Jul 2008 | 18 Years 3 Months | As last reported |
Peer comparison
Reverse Logistics Company Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Reverse Logistics), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reverse Logistics Company Private Limitedthis company | ₹21.66 Cr (FY 2018) | -₹6.45 Cr | -29.8% | -84.0% | New Delhi, Delhi, India | |
| Astir N Leap E Experts Private Limited | ₹21.48 Cr (FY 2024) | 57.0% | Ghaziabad, Uttar Pradesh, India | |||
| Akta Enterprises Private Limited | ₹21.47 Cr (FY 2025) | -14.0% | Chennai, Tamil Nadu, India | |||
| Maa Narayani Trade and Commerce Private Limited | ₹21.41 Cr (FY 2025) | 20.0% | Patna, Bihar, India |
To see the full peer comparison of Reverse Logistics Company Private Limited, buy the company report.
Auditor
Reverse Logistics Company Private Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S KOTHARI MEHTA & COMPANY | FY 2018 | 000756N |
Shareholding
The shareholding of Reverse Logistics Company Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Reverse Logistics Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2015 | 10577702 | Kotak Mahindra Bank Limited | ₹5 Cr | Open | |
| 29 Dec 2014 | 10545111 | Svb India Finance Private Limited | ₹12 Cr | Open | |
| 20 Dec 2012 | 10395823 | Indusind Bank Ltd. | ₹22 Cr | Satisfied |
To see the full charge records of Reverse Logistics Company Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Reverse Logistics Company Private Limited has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹177.1 Cr; the latest was in December 2014.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Debt financing | ₹12 Cr | Investors: InnoVen Capital |
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2012 | Funding round · Series B | ₹80 Cr | Investors: Vertex Ventures SE Asia & India, Lightbox Ventures |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Reliance Venture Asset Management Limited, an individual Seller: 4 individuals |
| Oct 2008 | Funding round · Seed | ₹75 Lakh | Investors: 4 individuals |
To see the full deal history of Reverse Logistics Company Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reverse Logistics Company Private Limited has 16 court cases on record: 13 filed by Reverse Logistics Company, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 0 |
| High courts | 3 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Interim or miscellaneous application | Filed by the company against M/S Blooming Diagnostics and Impex Pvt Ltd and Ors | Disposed |
| District court, Central, Delhi | Criminal case | Filed by the company against Blooming Diagnostics and Impex Pvt Ltd and Ors | Disposed |
| District court, South, Delhi | Criminal case | Filed by the company against Ms Blooming Diagnostics Impex Pvt. Ltd. Ors. | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against M/S Blooming Diagnostics & Impex Pvt Ltd & Ors | Disposed |
| District court, South, Delhi | Interim or miscellaneous application | Filed by the company against M/S Worth and Ors. | Disposed |
To see the full case history of Reverse Logistics Company Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reverse Logistics Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reverse Logistics Company has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Retrust Technologies Private Limited | U37100DL2012PTC241976 |
To see the full group structure of Reverse Logistics Company Private Limited, buy the company report.
GST
Reverse Logistics Company has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reverse Logistics Company Private Limited, buy the company report.
Recent activity
Reverse Logistics Company Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Sandeep Murthy ceased to be Director on 12 May 2017.
3 earlier events are in the company report.
Frequently asked questions
Reverse Logistics Company is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Reverse Logistics Company is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 03 July 2008 and is registered under CIN U63030DL2008PTC180429. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Reverse Logistics Company has 2 current directors:
- Hitendra Chaturvedi - Managing Director
- Savita Chaturvedi - Director
The latest financial statements of Reverse Logistics Company on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reverse Logistics Company is U63030DL2008PTC180429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reverse Logistics Company has open charges of ₹17 Cr and satisfied charges of ₹22 Cr as per latest MCA filings.
Reverse Logistics Company has 16 court cases on record: 13 filed by the company and 3 filed against it. Most are in the district courts.
Reverse Logistics Company was incorporated on 03 July 2008. It is registered with the Registrar of Companies, Delhi.
Reverse Logistics Company has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹177.1 Cr; the latest was in December 2014.
The peers of Reverse Logistics Company by revenue are Astir N Leap E Experts Private Limited, Akta Enterprises Private Limited, Maa Narayani Trade and Commerce Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Reverse Logistics), with the same principal business activity (wholesale trading).
Sandeep Murthy ceased to be Director on 12 May 2017. Benedict Jerome Mathias ceased to be Director on 28 Apr 2017. Joo Hock Chua ceased to be Director on 22 Jan 2016. Reverse Logistics Company has 8 board changes on record in total.
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