Oneclick Logistics India Ltd (OLIL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

The company was incorporated as a Public Limited Company under the name of “Oneclick Logistics India Limited” under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated December 14, 2022 bearing Corporate Identification Number U63040MH2022PLC395273 issued by the Registrar of Companies, Central Registration Centre. Subsequently, in accordance with its main object, the Company took over the entire business of “Oneclick Logistics LLP” which was incorporated on October 24, 2017 vide Certificate of Incorporation issued by Registrar, Mumbai.

Oneclick Logistics India is an integrated logistics services and solutions provider. Its services can be broadly categorized as i) non-vessel operating common carrier (NVOCC); ii) ocean and air freight forwarding (Freight Forwarding); iii) bulk cargo handling (Bulk Cargo); iv) custom clearance, for which it has arrangement with third parties who have valid Custom House Agent’s License and v) allied logistics and transportation services. The company offers its services in India and its primary focus is to offer these services to importers for importing goods from countries namely China, Europe, Singapore and Malaysia where it has presence through its agency partners. Business arrangements with its agency partners enable it to provide its services in jurisdictions where it does not operate directly. Its agency partnerships also help it in acquiring new business opportunities in India through agency partners who do not have direct operations in India.

Business area of the company

The company is an integrated logistics services and solutions provider. As an integrated end-to-end logistic services provider, the company offers its customers a single-window solution thereby negating the need to approach multiple service providers at different levels in the chain of logistics services. Its services include container handling, clearing and forwarding, custom clearance, brake bulk handling and brokerage, recovery of all type of claims including custom and insurance, warehousing, distribution and supply chain management, port and terminal operations and container freight station operations. It operates an asset light business model and outsource its infrastructure requirements to third parties. Further, its integrated service model provides it with greater business opportunities from its customers involving wide range of services, contributing to its revenue and profitability. It also benefits from its long-standing relationship with its customers.

Major Events

• 2017-2018: Incorporation of a Limited Liability Partnership in the name and style of “Oneclick Logistics LLP”.
• 2019-2020: Registered as a multimodal transport operator under multimodal transportation of Goods Act, 1993.
• 2022-23: Received certificate of membership for Global Affinity Alliance for successfully complying with the conditions of membership.
• 2022-2023: Incorporated as a public company in the name and style of “Oneclick Logistics India Limited”.
• 2022-2023: Acquisition of the running business of “Oneclick Logistics LLP” through business transfer agreement with effect from February 10, 2023.