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Jet Freight IPO is a fixed price issue of Rs 4.07 crores. The issue is entirely a fresh issue of 14.52 lakh shares.
Jet Freight IPO bidding started from November 24, 2016 and ended on November 28, 2016. The shares got listed on NSE SME on December 6, 2016.
Jet Freight IPO price is ₹28 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹112,000.
Sarthi Capital Advisors Private Limited is the book running lead manager of the Jet Freight IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Jet Freight IPO RHP for detailed information.
IPO Date | November 24, 2016 to November 28, 2016 |
Listing Date | December 6, 2016 |
Face Value | ₹10 per share |
Price | ₹28 per share |
Lot Size | 4000 Shares |
Total Issue Size | 1,452,000 shares (aggregating up to ₹4.07 Cr) |
Fresh Issue | 1,452,000 shares (aggregating up to ₹4.07 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 3,998,473 |
Share holding post issue | 5,450,473 |
Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 4000 | ₹112,000 |
Retail (Max) | 1 | 4000 | ₹112,000 |
Lot Size Calculator |
Jet Freight Logistics Ltd (JFLL) is engaged in logistics business having branches located in various cities in India. Company is registered with International air transport association (IATA) agent for Air cargo. JFLL is providing services for Perishable cargo, Time sensitive cargo and also provide Shipment of Hazardous cargo, ODC consignments, pharmaceutical cargo, temperature controlled and general cargo. Its main segment is transport of perishable cargo which includes handling frozen and chilled meat, seafood, vegetables, fruits, cut flowers and pharmaceutical products.
The company has tie ups with various airlines in the world in order to provide tailor made solutions based on customer needs. It offers the best rates along with the best airline options. JFLL has also tied up with various agents across the world who provide services of making the goods reach from international Airport to the respective destinations depending upon the client needs. The company as a freight forwarder take full responsibilities of shipment from the point of receipt to the point of destination .Pricing is based on nature of goods, location, type of service and facility given to the customer. However sector at which the goods are been sent plays a very crucial role in deciding the price of the goods.
The objects of the Issue are:-
1. To meet the working capital requirements of the Company;
2. Issue Expenses
[Dilip Davda] Cash surplus investors may park funds for long term. Read detail review...
Listing Date | December 6, 2016 |
BSE Script Code | |
NSE Symbol | JETFREIGHT |
ISIN | INE982V01017 |
Final Issue Price | ₹28 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹28.00 |
₹33.60 |
₹33.60 |
₹33.60 |
₹33.60 |
Jet Freight Logistics Ltd
C-706, Pramukh Plaza,
Chakala, Andheri (E),
Mumbai – 400099
Phone: +91-22-26817441
Email: info@jetfreight.in
Website: http://www.jetfreight.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Jet Freight IPO is a SME IPO of 1,452,000 equity shares of the face value of ₹10 aggregating up to ₹4.07 Crores. The issue is priced at ₹28 per share. The minimum order quantity is 4000 Shares.
The IPO opens on November 24, 2016, and closes on November 28, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Jet Freight IPO opens on November 24, 2016 and closes on November 28, 2016.
Jet Freight IPO lot size is 4000 Shares, and the minimum amount required is ₹112,000.
You can apply in Jet Freight IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Jet Freight IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jet Freight IPO allotment status.
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