Timescan Logistics (India) Ltd share Price Today

The Company was originally incorporated as "Timescan Logistics Private Limited" on October 19, 2006 under the provisions of Companies Act, 1956 issued by the Registrar of Companies, Tamil Nadu, Chennai. Subsequently, name of the Company was changed to "Timescan Logistics (India) Private Limited" vide fresh Certificate of Incorporation dated May 28, 2012. Subsequently, the Company got converted into Public Limited Company vide a fresh Certificate of Incorporation issued by ROC-Chennai, consequent upon conversion from Private Limited to Public Company dated July 02, 2021 in the name of "Timescan Logistics (India) Limited". The Company is engaged in the business of providing customs clearance & surface logistics services viz. goods transport service along with warehousing facilities at Kancheepuram Dist., Tamil Nadu, India. The Company was founded and promoted by Mr. Moulana Taufeek Islam and his mother Mrs. Ayisha Beevi in the year 2006 and is into the business of logistics involving land, air and sea transportation as Multimodal Transport Operator and Third-Party Logistics Provider. The Company started operations as Custom Clearance Agent in the year 2006 and swiftly moved across domains, geographies and industries to offer a gamut of services for the logistics industry. The Company is now an ISO 9001:2015 certified for Quality Management Services for providing services namely International Freight Forwarding, Customs Broker, Third Party Logistics (3PL), Warehousing and Transportation Services. The Company initially started the work as custom clearance broker and then moved across domains, geographies and industries to offer a gamut of services for the logistics industry. The Company offer customers, transport management services and also freight related services. It provide complete range of services like Freight Forwarding (Sea freight & Air freight), Custom Clearance, Warehousing, Transportation, Multi-modal Transportation, Project Cargo/ ODC Consignments (over dimensional consignment), Third Party Logistics (3PL), FCL (full container load)/ LCL (less than container load) consolidation, Break Bulk/ Heavy Lift, NVOCC (Non Vessel Owning Common Carrier), Cargo Insurance, ISO/ Flexi Tanks/ Hazardous Cargo, Packaging / Palletization / Fumigation, Vendor Management, Vessel Charter, Packaging, loading/unloading and unpacking of items to facilitate customers with end-to-end solutions and other related value-added services. The Company realizes that clients have specific requirements with regards to their shipments and therefore spend considerable time with clients individually to understand their specific requirements. In line with the global trend, Company had already taken sufficient initiatives long ago to outsource business partners and vendors, thereby being able to provide a wide range of services at economical costs. The Company is committed to providing customers value-added services. The Company strive to develop a long-term business relationship with customer, to identify and recommend the best solution for each customer`s business environment. It strives for continuous improvement in relationships with customers and ability to provide quality products services and solutions to customer`s requirements without losing focus of `Right-on-Time` delivery system. The Company is owned and managed by professionally qualified persons. The Company have been authorized to transact business as Custom Broker all over India by the Custom Office, Chennai under Dept. of Revenue, Ministry of Finance. The Company is having approx. 16,354 sq. ft. warehouse taken on long term lease under Free Trade Warehousing Zone of JMD Chennai SEZ. In 2012, the Company successfully completed the power project of approx. 440 containers to Africa. In 2018, the Company was registered as a Multimodal Transport Operator to commence the business of Multimodal transportation with Shipping Ministry. In 2018, the Company was awarded CHB (Custom House Broker) License by Custom House, Chennai, Tamil Nadu. In 2018, the Company expanded its operations as Custom House Broker from Custom House, Vijayawada, Andhra Pradesh. In 2018, the Company warehouse was taken on sublease at SEZ area. In 2018, the Company crossed the turnover of Rs. 50 crores for FY 2017-18 In 2018, the Company was certified ISO 9001:2015 for Quality Management Services. In 2019, the Company expanded its operations to Delhi and opened a separate Branch Office. In 2019, the Company obtained World Cargo Alliance Membership (WCA). In 2019, the Company was registered as MSME under the Industry classification category of Sea & Coastal Freight Water Transport. In 2021, the Company expanded its operations as Custom House Broker from Custom House, Mundra Port, Gujarat. In 2021, the Company crossed the turnover of Rs. 95 crores for FY 2020-21.

Timescan Logistics (India) share price as on 18 Apr 2024 is Rs. 137.8. Over the past 6 months, the Timescan Logistics (India) share price has decreased by 21.26% and in the last one year, it has increased by 17.78%. The 52-week low for Timescan Logistics (India) share price was Rs. 105.5 and 52-week high was Rs. 203.7.