Patel Integrated Logistics is currently trading at Rs. 94.50, up by 1.65 points or 1.78% from its previous closing of Rs. 92.85 on the BSE.
The scrip opened at Rs. 96.00 and has touched a high and low of Rs. 98.00 and Rs. 94.25 respectively. So far 24,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 125.70 on 15-Jul-2016 and a 52 week low of Rs. 69.50 on 23-Nov-2016.
Last one week high and low of the scrip stood at Rs. 98.00 and Rs. 86.00 respectively. The current market cap of the company is Rs. 150.13 crore.
The promoters holding in the company stood at 43.51%, while Institutions and Non-Institutions held 0.21% and 56.28% respectively.
Patel Integrated Logistics has raised fresh round of funding from the Mauritius-based, India focused private equity (PE) firm Frontline Strategy, in its second round of fund raising. The funds will be used by the company to finance its warehouse expansion plan.
The board of directors at its meeting held on July 12, 2017 has approved allotment of 6,49,311 equity shares of face value of Rs 10 each on conversion of same number of Convertible Equity Warrants fully paid up at an issue price for Rs 115 (including premium of Rs 105) per equity warrant by the company on preferential basis to Frontline Strategy.
Consequent to such allotment, the paid-up equity share capital of the company has increased from Rs 15,88,66,120 consisting of 1,58,86,612 equity shares of Rs 10 each to Rs 16,53,59,230 consisting of 1,65,35,923 equity shares of Rs 10 each.
Patel Integrated Logistics is an India-based logistics solutions provider. The company’s segments include Surface Transportation, Co-loading of Courier and Consolidation of Cargo.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 9.57 |
| TVS Supply Chain Sol | 114.53 |
| Container Corp | 500.45 |
| Delhivery | 464.10 |
| Mahindra Logistics | 432.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: