* - Tentative Dates
The company intends to utilize the Net Proceeds from the Issue towards the following objects:
Patel Integrated Logistics Ltd.'s revenue increased by 4% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 192.03 | 172.14 | 179.05 |
| Revenue | 292.52 | 280.29 | 236.82 |
| Profit After Tax | 5.54 | 4.9 | 2.27 |
| Reserves and Surplus | 547.37 | 527.41 | 812.2 |
| Amount in โน Crore | |||
Patel Integrated Logistics Limited was founded in June 1962. The company provides logistics services and unified solutions with a focus on air and land transportation as well as ancillary services such as courier services and warehousing. The company operates its business through a network of 24 offices across India and is present in major cities and airports in India.
As part of its current air freight business and earlier land transportation business, the company provides B2C services for corporate courier needs on a daily basis. This business, which currently operates as a wholesale consolidator, deals with routine delivery of courier materials.
The business provides vertical warehousing services such as storage, distribution, inventory and vendor management, etc. Your Company currently owns a warehouse located on 2.20 acres of land on the outskirts of Bengaluru. Your Company also owns a 3 acre plot on the outskirts of Chennai.