Patel Integrated Logistics Rights Issue 2024 Date, Price, Allotment, Ratio

Patel Integrated Logistics Rights issue date is fixed, the rights issue is to open on September 19 and will close on October 1, 2024. The Patel Integrated Logistics Rights issue record date is September 6, 2024. The company is to offer 5,000,000 equity shares at a price of ₹18 per share. The Patel Integrated Logistics Rights issue size will be ₹9.00 Crores. The entitlement ratio is 8:103, 8 rights share for every 103 fully-paid equity shares held on the record date. Check out Patel Integrated Logistics rights issue details.

Patel Integrated Logistics Rights Issue 2024

Established in 1959, Patel Integrated Logistics Limited has evolved from a one-truck operation company to one of Asia’s biggest surface logistics and road transportation companies. With a nationwide network of 500 stations, It employs over 1,000 dedicated professionals. Every year, it transports goods worth Rs. 120 billion. The company serves over 75,000 satisfied customers which includes multinationals, public and private sector organizations, and small-scale industries. The company’s commitment to innovation is reflected in its investments in information technology and advanced tracking systems, which ensure timely delivery and maintain competitiveness. The use of containers exclusively for shipments and strict quality management policies have enabled PATEL to provide such customized logistics solutions which are reliable, safe and guarantee customer satisfaction.

Patel Integrated Logistics Rights Issue Review

  • Avoid / Risky

Patel Integrated Logistics Rights Issue 2024 Dates & Time Table

Rights Issue Open:September 19, 2024
Rights Issue Close:October 1, 2024
Last Date to Buy Shares:September 5, 2024
Rights Record Date:September 6, 2024
Deemed Date of AllotmentOctober 9, 2024
Renunciation of Rights EntitlementsSeptember 26, 2024

Patel Integrated Logistics Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹9 Crores
Price Band:₹18.00 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 8:103 (8 rights share for every 103 shares)
Equity:5,000,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Patel Integrated Logistics Rights Issue 2024 Form & How to Apply

You can apply for Patel Integrated Logistics Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Patel Integrated Logistics Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹237.16₹234.93₹2.27
2023₹280.29₹275.644.90
2024₹292.52₹286.84₹5.54

Patel Integrated Logistics Rights Issue 2024 Allotment Status

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

Patel Integrated Logistics Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Patel Integrated Logistics Ltd.
Patel House, Ground Floor, Plot No 48
Gazdar Bandh, North Avenue Road
Santacruz West, Mumbai – 400054
Phone: 02226052915
Email: [email protected]
Website: https://www.patel-india.com/

Patel Integrated Logistics Rights Issue 2024 FAQs:


When is Patel Integrated Logistics Rights Issue 2024 Record Date?

Patel Integrated Logistics Rights Issue 2024 record date is September 6, 2024.

What is Patel Integrated Logistics Rights Issue 2024 Price?

The company has fixed the price at ₹18 per equity share.

What is the Patel Integrated Logistics Rights Issue 2024 Ratio?

The company has fixed the ratio (8:103), 8 Rights Equity Share for every 103 Equity Shares as on record date.

How to apply for Patel Integrated Logistics Rights Rights Issue 2024?

As per the record date you need to have Patel Integrated Logistics Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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