Patel Integrated Logistics Limited Right Issue

₹40.00 Cr BSE, NSE 9 Nov 2021 – 23 Nov 2021

Closed BSE, NSE
HomeRight Issue › Patel Integrated Logistics Limited
← Back to List
Issue Price
₹10.00
Face Value
₹10.00
Issue Size (Shares)
40,000,000
Issue Size (₹ Cr.)
₹40.00
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateFri, Oct 29, 2021
Credit of Rights EntitlementsWed, Nov 17, 2021
Bid/Offer Opens OnTue, Nov 9, 2021
Issue Open DateTue, Nov 9, 2021
Renunciation Last DateWed, Nov 17, 2021
Bid/Offer Closes OnTue, Nov 23, 2021
Issue Close DateTue, Nov 23, 2021
Deemed Date of AllotmentMon, Dec 6, 2021
Credit DateMon, Dec 6, 2021
Listing DateTue, Dec 7, 2021
📋 Right Issue Details
Issue Size (Shares)40,000,000
Issue Size (Amount)₹40.00 Cr.
Issue Price₹10.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹ 2.50 per rights equity share or 25.00% of the issue price is payable on application and the balance unpaid of ₹ 7.50 constituting 75.00% of the issue price will have to be paid on the first and final call, as determined by the board at its sole discretion.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-31FY I
Income2,173.033,538.75
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment and/or prepayment of a portion of the principal and/or interest of certain borrowings availed by the company.
2General corporate purposes
🏢 About the Company
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.
📞 Company Contact
CompanyPatel Integrated Logistics Limited
Address52, Natasha, Hill Road, Bandra (West),
Mumbai – 400 052,
Maharashtra, India.
Indi, Karnataka, 400052
Phone+91 022 2642 1242
Emailsweta.parekh@patel-india.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd
Phone8657578989
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗