Jet Freight Logistics Ltd (JFLL) is engaged in logistics business having branches located in various cities in India. Company is registered with International air transport association (IATA) agent for Air cargo. JFLL is providing services for Perishable cargo, Time sensitive cargo and also provide Shipment of Hazardous cargo, ODC consignments, pharmaceutical cargo, temperature controlled and general cargo. Its main segment is transport of perishable cargo which includes handling frozen and chilled meat, seafood, vegetables, fruits, cut flowers and pharmaceutical products.
The company has tie ups with various airlines in the world in order to provide tailor made solutions based on customer needs. It offers the best rates along with the best airline options. JFLL has also tied up with various agents across the world who provide services of making the goods reach from international Airport to the respective destinations depending upon the client needs. The company as a freight forwarder take full responsibilities of shipment from the point of receipt to the point of destination .Pricing is based on nature of goods, location, type of service and facility given to the customer. However sector at which the goods are been sent plays a very crucial role in deciding the price of the goods.
The objects of the Issue are:-
1. To meet the working capital requirements of the Company;
2. Issue Expenses
»» Issue Open: Nov 24, 2016 - Nov 28, 2016
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,452,000 Equity Shares of Rs 10 aggregating up to Rs 4.07 Cr
› Fresh Issue of 1,452,000 Equity Shares of Rs 10 aggregating up to Rs 4.07 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs. 28 Per Equity Share
»» Market Lot: 4000 Shares
»» Minimum Order Quantity: 4000 Shares
»» Listing At: NSE SME
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