Jet Freight Logistics Rights Issue

Jet Freight Logistics Rights Issue will open for subscription from 20 January 2023. the company aims for an issue size of ₹37.70 Crores through this rights Issue.

Jet Freight Logistics Limited

Incorporated in 2006, Jet Freight Logistics Limited is in the business of Freight Forwarding. Jet Freight Logistics is a technology-driven entity thriving to become a freight forwarder globally and serve customers from different parts.

The specialties of Jet Freight Logistics are:

Servicing Perishables
Time-sensitive express shipments
General Cargo
ODC
Hazardous Cargo

Jet Freight Logistics has been recognized and awarded with top-performer certifications by various Indian and International Airlines and Institutions.

Currently, the company has sale support centers in 11 cities in India and is continuously expanding its horizon. They are driven to mark their international footprints in UAE, and The Netherlands, and have an agency network in over 150 countries.

Objectives of the Issue

To finance the capital expenditure for the purchase of the warehouse;
To part finance the requirement of Working Capital;
To meet General corporate purposes;
To meet the expenses of the Issue.

Rights Issue Timetable

Record Date	11 January 2023
Credit of Rights Entitlements	16 January 2023
Bid/Offer Opens On	20 January 2023
Renunciation of Rights Entitlements	25 January 2023
Bid/Offer Closes On	31 January 2023
Deemed Date of Allotment	07 February 2023
Credit Date	09 February 2023
Listing Date	13 February 2023