Jet Freight Logistics Limited was incorporated in April 13, 2006 as a public limited company. The Company is one of the leading freight forwarders, offering complete logistics solutions. The Company offer a wide variety of services to clients, managing over 150 tonnes of air cargo daily with all the leading global airlines. It specializes in perishable, timesensitive and general cargo, and services in the market includes customs clearance, logistics solutions, shipment of hazardous cargo and ODC consignments.The Company have a strong presence in key cities in India and cater to over 200 countries in the world. The branches have stateoftheart technology that supports roundtheclock operational processes, enhancing the efficiency and responserate. Its infrastructure is wellequipped to handle sensitive daily shipments under tight time schedules. The Company follows a long tradition of excellence in services that reflects a lasting commitment to putting customers needs at the center of strategic planning, providing value proposition to client and over time, a long and trusted relationship.In FY 2012, the Company took over Jet Freight on sole proprietorship and crossed a turnover of Rs 10 billion.In FY 2016, The Economic Times Survey ranked Jet Freight IPO at No. 2, delivering 136% return to its investors. The Companys IPO was oversubscribed by 5 times more than the issue size.During the year 201617, the Company ranked the No.1 International Perishable Cargo Agent by Air India. The Company was awarded Top Cargo Agent by Emirates. The Company incorporated its two Wholly Owned Subsidiary (WOS), Jet Freight Logistics FZCO on 01 April 2018 Jet Freight Express Private Limited on 17 June 2018.The Company is a leading name in perishable cargo with special facilities for handling frozen and temperaturecontrolled cargo like pharmaceuticals, vaccines, bulk drugs, vegetables, fruits, cut flowers, tissue culture etc., for air exports. The air exports team works round the clock to ensure safe delivery of temperaturecontrolled and time sensitive cargo. The Company is the largest IATA air cargo agent in Mumbai, clearing 80100 tonnes of cargo per day from BOM airport and over 100 tonnes per day from the rest of India totaling to almost 200 tonnes of air freight every day. Additionally, it also handle thirdcountry imports.The Company offer ocean freight services to a large portion of vast market. The core business offering is ocean freight forwarding to service the large loads of cargo required by International business. The Companys wide spread agency network ensures to deliver customer satisfaction. The Company has started domestic cargo booking service, panIndia on national and private carriers such as, Air India, Jet Airways, Indigo Airlines, Air Asia, SpiceJet and more on port to port basis. It provide valueadded services like doortodoor cargo delivery service on case to case basis, service timesensitive and perishable shipments besides general cargo and accept shipment on Cash on Delivery basis (COD) ,excluding perishables and time sensitive shipments.The warehouses of the Company are located in close proximity to the air cargo complex for ease of clearance and deliveries. It offer clients warehousing services for both import and export shipments and temperaturecontrolled cargo. The Company manages and control inventory, repack and palatalize cargo. It offer financing, processing, grading and branding as well as transportation.In India, being a licensed Customs House Agent (CHA), the Company has the ability to act as an agent for any business with relevance to the arrival or departure of conveyances or the import or export of goods at a customs station. The Company charter flights for over sized cargo, dangerous goods, live animals and perishables and offer both domestic and international cargo chartering services. It can offer efficiency and flexibility by chartering an entire aircraft for urgent or time sensitive cargo. Charter jet categories include turbo crops, live jets, big size jets, super midsize jets, heavy jets and long range jets.The Company can offer buyers consolidation supplied by multiple sellers with pickup and delivery worldwide. The buyers and sellers consolidation brings down freight charges and reduces custom clearing time enabling the Company to make quick deliveries to customers. From start to finish, the consolidation service simplifies the cargo delivery with all services under one roof, lowers the inventory carrying cost and offers the opportunity to capture market share for the Company.
What is the current share price of Jet Freight Logistics Ltd today on both NSE and BSE?
Jet Freight Logistics Ltd shares are currently priced at 13.93 on NSE and 13.99 on BSE as of 8/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Jet Freight Logistics Ltd [JETFREIGHT] shares performed in the past ?
The past 1-year return of Jet Freight Logistics Ltd [JETFREIGHT] share was 40.7. The Jet Freight Logistics Ltd [JETFREIGHT] share hit a 1-year low of Rs. 9.2 and a 1-year high of Rs. 16.9.
What is the market cap of Jet Freight Logistics Ltd [JETFREIGHT] ?
The market cap of Jet Freight Logistics Ltd is Rs. 64.64 Cr. as of 8/13/2024 12:00:00 AM.
What is the current P/E ratio of Jet Freight Logistics Ltd [JETFREIGHT] share price ?
The PE ratios of Jet Freight Logistics Ltd is 16.64 as of 8/13/2024 12:00:00 AM.
What is the current PB ratio of Jet Freight Logistics Ltd [JETFREIGHT] share price ?
The PB ratios of Jet Freight Logistics Ltd is 1.03 as of 8/13/2024 12:00:00 AM
How can I buy Jet Freight Logistics Ltd shares?
You can easily buy Jet Freight Logistics Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.