Jet Freight Logistics Rights Issue 2023 FAQ's

₹37.70 Crores | Listing at BSE, NSE | Fri, Jan 20, 2023 - Tue, Jan 31, 2023

Jet Freight Logistics Limited Rights Issue Date 2026 & Price FAQs

The timetable for Jet Freight Logistics Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Jan 16, 2023
Last Date for renunciation of Rights EntitlementsWed, Jan 25, 2023
Issue Opening DateFri, Jan 20, 2023
Issue Closing DateTue, Jan 31, 2023
Date of Allotment (on or about)Tue, Feb 7, 2023
Date of Credit (on or about)Thu, Feb 9, 2023
Date of Listing (on or about)Mon, Feb 13, 2023

Jet Freight Logistics Rights Issue 2023 price is set at ₹16.25 per share. The Jet Freight Logistics Rights Issue 2023 opens on Fri, Jan 20, 2023, and closes on Tue, Jan 31, 2023, for the subscription.

The allotment of Jet Freight Logistics Rights Issue 2023 is expected to happen on or about February 7, 2023 as per the issue schedule.

Jet Freight Logistics Rights Issue 2023 listing date is 2023-02-13T00:00:00.000Z.

The credit of Jet Freight Logistics Rights Issue 2023 in Demat account is expected on or about February 9, 2023 as per the issue schedule.

Objects of the Issue:

The Company proposes to utilize the net proceeds from the Issue towards funding the following objects.

  1. To finance the capital expenditure for purchase of warehouse;
  2. To part finance the requirement of Working Capital;
  3. To meet General corporate purposes;
  4. To meet the expenses of the Issue.

It is difficult to predict the exact listing price of Jet Freight Logistics Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Jet Freight Logistics Limited which could help you with questions like whether to subscribe or not. Consider reading Jet Freight Logistics Limited reviews and analysis from experts posted on the Rights Issue detail page.