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Patel Integrated Logistics Rights Issue FAQ's

Patel Integrated Logistics Rights Issue Detail
Issue Open Feb 26, 2021
Issue Close Mar 12, 2021
Issue Size (Shares) 0.95 Crores
Issue Size (Amount) ₹9.50 Crores
Issue Price ₹10 per Share
Listing At BSE

Patel Integrated Logistics Rights Issue Date & Price FAQs

Patel Integrated Logistics Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMar 8, 2021
Issue Opening DateFeb 26, 2021
Issue Closing DateMar 12, 2021
Allotment DateMar 23, 2021
Shares Credit DateMar 24, 2021
Listing DateMar 26, 2021

Patel Integrated Logistics Rights Issue price is set at ₹10 per Share. The Patel Integrated Logistics Rights Issue opens on Feb 26, 2021, and closes on Mar 12, 2021, for the subscription.

The allotment of Patel Integrated Logistics Rights Issue is expected to happen on or about Mar 23, 2021 as per the issue schedule.

Patel Integrated Logistics Rights Issue expected to list on or around Mar 26, 2021.

The credit of Patel Integrated Logistics Rights Issue in Demat account is expected on or about Mar 24, 2021 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards: (i) Repayment/prepayment of a portion of principal and/or interest of certain borrowings by the Company. (ii) General corporate purposes.

It is difficult to say at what price Patel Integrated Logistics Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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