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Patel Integrated Logistics Limited Rights Issue (Patel Integrated Logistics Rights Issue) Detail

Feb 26, 2021 - Mar 12, 2021
Patel Integrated Logistics Limited Logo

Incorporated in 1962, Patel Integrated Logistics Limited is engaged in the business of providing logistics services and unified solutions focusing on air transportation and surface transportation as well as ancillary services such as courier services and warehousing . The company started as a One-man, one-truck activity under the name of Patel Roadways Private Limited. Later, in 2006, the company got merged with Patel On-Board Couriers to form Patel Integrated Logistics.

Patel Integrated Logistics is one of the pioneers of logistics in India and is India's first multimodal transport operator providing all logistics solutions under one roof. The company has a pan-India network comprising 24 branch offices and a presence across India covering major cities/towns/airports.

Patel Integrated Logistics has been certified by the International Air Transport Association ("IATA") and is also a member of the Global Logistics Network ("GLN"). The company owns 3 acres of land on the outskirts of Chennai, on which it plans to construct a warehouse at a suitable time in the future.

Patel Integrated Logistics Rights Issue Detail

Issue Open Feb 26, 2021 - Mar 12, 2021
Security Name Patel Integrated Logistics Limited
Issue Size (Shares) 0.95 Crores
Issue Size (Amount) ₹9.50 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE
Terms of Payment The full amount of Rs 10 per Rights Equity Share is payable on Application.
Entitlement 27 Rights Equity Share for every 47 fully paid-up Equity Shares held on the Record Date

Patel Integrated Logistics Rights Issue Issue Timetable

Bid/Offer Opens On Feb 26, 2021
Bid/Offer Closes On Mar 12, 2021
Record Date Feb 18, 2021
Deemed Date of Allotment Mar 23, 2021
Renunciation of Rights Entitlements Mar 8, 2021

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
30-Sep-20 31-Mar-20 31-Mar-19
Total Assets 1,792.61 2,053.85 2,270.18
Profit After Tax (9.61) 107.41 63.25
Total Revenue 699.44 3,538.75 4.533.40

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.

Patel Integrated Logistics Rights Issue Documents

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Patel Integrated Logistics Rights Issue Reviews

Company Contact Information

Patel Integrated Logistics Limited
Patel House, 5th floor,
Plot No. 48, Gazdarbandh, North Avenue Road,
Santacruz (West), Mumbai- 400 054

Phone: +91 022 2605 8476
Email: sweta.parekh@patel-india.com
Website: http://www.patel-india.com/

Patel Integrated Logistics Rights Issue Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: http://www.bigshareonline.com

Patel Integrated Logistics Rights Issue Lead Manager(s)


5 Comments

how can i pay for right issue
i bought 1000 rights on 8th march but can not unable to pay for right plz help me immediately
3. Sathyajayan  
this bloked
2. DRH  
Buying patel logistic RE share . Asba application from to bank not bid ! Application no wanted?
2.1. Sathyajayan  
yas
1. DRH  
RE share bought.asba from not bid bank. application no wanted?
1.1. Sathyajayan  
500 buy