Patel Integrated Logistics Rights Issue FAQ's

₹9.50 Crores | Listing at BSE | Fri, Feb 26, 2021 - Fri, Mar 12, 2021

Patel Integrated Logistics Limited Rights Issue Date 2026 & Price FAQs

The timetable for Patel Integrated Logistics Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, Mar 8, 2021
Issue Opening DateFri, Feb 26, 2021
Issue Closing DateFri, Mar 12, 2021
Date of Allotment (on or about)Tue, Mar 23, 2021
Date of Credit (on or about)Wed, Mar 24, 2021
Date of Listing (on or about)Fri, Mar 26, 2021

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

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

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

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

Objects of the Issue:

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 predict the exact listing price of Patel Integrated 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 Patel Integrated Logistics Limited which could help you with questions like whether to subscribe or not. Consider reading Patel Integrated Logistics Limited reviews and analysis from experts posted on the Rights Issue detail page.