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Jet Freight Logistics Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹28
Per Share
GMP
NIL
Grey Market
Est. Listing
₹28
Expected Price
Min. Application
₹224,000
2 lots × 4000 shares
IPO Issue Details
Issue Price / Price Band₹28 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size14,52,000 shares (aggregating up to ₹4.07 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 24 Nov 2016
Subscription CloseMon, 28 Nov 2016
Anchor AllotmentWed, 23 Nov 2016
Basis of AllotmentSun, 04 Dec 2016
Initiation of RefundsMon, 05 Dec 2016
Credit of Shares to DematMon, 05 Dec 2016
Listing DateTue, 06 Dec 2016
UPI Mandate Deadline2016-11-28
Application & Investment Details
Retail — Min (1 Lots)₹1,12,000 — 4,000 shares
Retail — Max (13 Lots)₹1,456,000 (13 Lots)
HNI — Min (2 Lots)₹2,24,000 — 8,000 shares
Net Offer to Public13,76,000 shares (aggregating up to ₹3.85 Cr)
Reserved for Market Maker76,000 shares (aggregating up to ₹0.2128 Cr)
Pre-IPO Promoter Holding39,98,473 shares
Post-IPO Promoter Holding54,50,473 shares
About Jet Freight Logistics Ltd.

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.

Objects of the Issue

Jet Freight Logistics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Working Capital Requirements
3.71
2
2 Issue Expenses
0.36
Shareholding & Lock-in
Pre-IPO Promoter Holding 39,98,473 shares
Post-IPO Promoter Holding 54,50,473 shares
Check AllotmentCheck Status →
Jet Freight Logistics Ltd. — Live Price LIVE
₹28.00
INR · NSE
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Issue ₹28.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹28
GMPNIL
Est. Listing₹28
Lot Size4,000 shares
Min Amount₹224,000
Listing Date06 Dec 2016
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹28
Listing Date06 Dec 2016
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 76,000 ₹0.21 Cr
TOTAL 1,452,000 100.00% ₹4.07 Cr
* Based on ₹28.00 (upper price band)
Lot Size & Investment Details
Lot Size
4,000
Shares
Issue Price
₹28.00
Per Share
Min Investment
₹112,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 4,000 ₹112,000
Retail (Max) 13 52,000 ₹1,456,000
sNII (Min) 14 56,000 ₹1,568,000
bNII (Min) 68 272,000 ₹7,616,000
Company Financials — Restated Consolidated (Amount in Rs Cr)
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Financial data will be published once the company files its DRHP/RHP with SEBI.
Key Ratios & Valuation
Issue Price ₹28
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Jet Freight Logistics Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
C-706, Pramukh Plaza, Chakala, Andheri (E), Mumbai – 400099 Mumbai, Maharashtra
Book Running Lead Managers
Sarthi Capital Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)