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Jet Freight Logistics Rights Issue 2023 Detail
Issue Open January 20, 2023
Issue Close January 31, 2023
Issue Size (Shares) 2.32 Crores
Issue Size (Amount) ₹37.70 Crores
Issue Price ₹16 per Share
Listing At BSE, NSE

Jet Freight Logistics Rights Issue 2023 Date & Price FAQs

Jet Freight Logistics Rights Issue 2023 Timetable

Last Date for credit of Rights EntitlementsJanuary 16, 2023
Last Date for renunciation of Rights EntitlementsJanuary 25, 2023
Issue Opening DateJanuary 20, 2023
Issue Closing DateJanuary 31, 2023
Allotment DateFebruary 7, 2023
Shares Credit DateFebruary 9, 2023
Listing DateFebruary 13, 2023

Jet Freight Logistics Rights Issue 2023 price is set at ₹16 per Share. The Jet Freight Logistics Rights Issue 2023 opens on January 20, 2023, and closes on January 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 February 13, 2023.

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.

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 say at what price Jet Freight Logistics Rights Issue 2023 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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