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Jet Freight Logistics Rights Issue Details 2022, Entitlement, Record Date

Right Issue Status: Open [20th Jan 2023 to 31st Jan 2023]

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Jet Freight Logistics Right Issue Detail

Jet Freight Logistics Limited offers Right Issue size of Rs 37.70 Cr. Opening subscription from 20 Jan 2023 to 31 Jan 2023. The company issues 01 right equity shares for every 01 equity shares held on the record date of, 11 Jan 2023. The face value of a share is Rs. 5 per share and the right issue price is fixed at Rs.16.25 per share. Stay updated with us to know more about the Jet Freight Logistics Limited Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.

Jet Freight Logistics Right Issue Objective

Our Company intends to utilize the Net Proceeds from the Issue towards the following objects:

  1. To finance the capital expenditure for purchase of warehouse
  2. Working Capital Requirements
  3. General Corporate Purpose

Jet Freight Logistics Right Issue Details

Jet Freight Logistics Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 23,201,892 Eq Shares
Right Issue Issue Size (Amount) ₹Rs 37.70 Cr
Face Value ₹5 Per Equity Share
Right Issue - Issue Price ₹16.25 per share
Right Issue Record Date 11th Jan 2023
Right Issue Entitlement 1 fully paid-up equity share for every 1 fully paid-up equity share held
Right Issue Terms of payment Full amount of Rs. 16.25 per Equity Share is payable on application.
Listing At BSE, NSE
BSE Code 543420
NSE Code JETFREIGHT

Jet Freight Logistics Right Issue Dates

In this section we have covered all important dates related to Jet Freight Logistics Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

Jet Freight Logistics Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 20th Jan 2023
Right Issue Issue Close Date 31st Jan 2023
Basis of Allotment Finalisation Date* 6th Feb 2023
Refunds Initiation* 7th Feb 2023
Credit of Shares to Demat Account* 9th Feb 2023
Right Issue Listing Date* 13th Feb 2023

* - Tentative Dates

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  • About Company - Jet Freight Logistics

    Jet Freight Logistics was established in 1986. They are technology driven freight forwarding company that envisions providing customized logistics solutions globally to its customers. JFLL specialized in servicing Perishables, Time-sensitive express shipments, General cargo, ODC, hazardous cargom and refer cargo customers via Air, sea, Rail, and Road modes of transport. They are also an authorized Customes clearing agency and handle over 150 tonnes of air cargo 24/7 every day.

    Their wide and robust infrastructure supports its round-the-clock operations enhancing efficiency and responsive times. They are excel in handling time-sensitive shipments during critical situations. Expanding its roots from India with its significant existence & sale support centers in 11 cities, JFLL has been resilient to mark its footprints in UAE, and The Netherlands and has an agency network in 150+ countries. JFLL has been recognized and awarded top-performer certifications by many Indian and International Airlines and Institutions.

    Jet Freight Logistics Right Issue Strengths

    • Organizational Stability
    • Experienced Promoters and a well-trained employee base
    • Improving functional efficiency
    • Established brand and image
    • Improving functional efficiency

    Jet Freight Logistics Financials for past 3 Years

    Past performance and financial results of Jet Freight Logistics.

    Jet Freight Logistics Limited Financial
    Period EndedTotal AssetsTotal RevenueProfit After Tax
    31-Mar-21100.97352.482.09
    31-Mar-22113.53462.062.97
    Amount in ₹ Crore

    Company Address

    Jet Freight Logistics Limited
    C/706, Pramukh Plaza, Cardinal Gracious Road, Opp. Holy Family Church, Chakala, Andheri East
    Mumbai,Maharashtra-400099
    India
    Website: https://www.jfll.com/
    Phone: 91-22 6104 3700
    Email: [email protected]

    Registrar

    Bigshare Services Pvt Ltd
    1st Floor, Bharat Tin Works Building,
    Opp. Vasant Oasis,Makwana Road,
    Marol, Andheri(E), Mumbai - 400 059
    Website: http://www.bigshareonline.com
    Phone: +91-22-6263 8200
    Email: [email protected]

    Lead Manager

    Jet Freight Logistics Right Issue Offer Document (Letter of Offer) >>Document

    Jet Freight Logistics Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Jet Freight Logistics Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Jet Freight Logistics? Should I apply in Jet Freight Logistics Right Issue?

    Last Updated on 2023-01-18T08:58:59+00:00


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