Patel Integrated Rights Issue FAQ's

₹40.00 Crores | Listing at BSE, NSE | Tue, Nov 9, 2021 - Tue, Nov 23, 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 EntitlementsWed, Nov 17, 2021
Last Date for renunciation of Rights EntitlementsWed, Nov 17, 2021
Issue Opening DateTue, Nov 9, 2021
Issue Closing DateTue, Nov 23, 2021
Date of Allotment (on or about)Mon, Dec 6, 2021
Date of Credit (on or about)Mon, Dec 6, 2021
Date of Listing (on or about)Tue, Dec 7, 2021

Patel Integrated Rights Issue price is set at ₹10 per share. The Patel Integrated Rights Issue opens on Tue, Nov 9, 2021, and closes on Tue, Nov 23, 2021, for the subscription.

The allotment of Patel Integrated Rights Issue is expected to happen on or about December 6, 2021 as per the issue schedule.

Patel Integrated Rights Issue listing date is 2021-12-07T00:00:00.000Z.

The credit of Patel Integrated Rights Issue in Demat account is expected on or about December 6, 2021 as per the issue schedule.

Objects of the Issue:

The Proceeds from the Issue will be utilized towards funding of the following objects:
1. Repayment and/or prepayment of a portion of the principal and/or interest of certain borrowings availed by the company.
2. 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.