Jet Freight Logistics Raises ₹67.37 Crore via Preferential Warrant Issue to Fuel Expansion

Jet Freight Logistics Limited has raised ₹67.37 crore through a preferential issue of warrants, aimed at strengthening its financial position and supporting expansion plans across global logistics markets.

The allotment follows approvals from the company’s Board of Directors, shareholders, and stock exchanges . As per the structure, the company has already received ₹16.84 crore , representing 25% of the total warrant consideration , while the remaining funds will be received at the time of conversion of warrants into equity shares, in line with regulatory requirements.

The issue saw participation from both promoter and non-promoter investors , indicating broad-based backing for the company’s growth strategy. Such investor commitments are typically viewed as a signal of confidence in future earnings visibility and long-term business prospects , especially in equity-linked fundraising structures where additional capital is deployed over time.

The company plans to utilize the proceeds primarily for meeting its working capital requirements , repayment or prepayment of existing borrowings , and general corporate purposes . These measures are expected to strengthen liquidity, reduce overall leverage, and support the company’s ongoing operational scaling and business expansion plans.

Jet Freight Logistics will deploy the capital to accelerate growth in international logistics operations , expand its ocean freight business , scale e-commerce and courier verticals , and invest in technology-driven supply chain solutions . The company is also targeting expansion across key trade routes in the Middle East, Europe, and North America .

With nearly four decades in the logistics sector, the company operates in over 150 countries through a network of 5,000+ global agents , serving segments such as pharmaceuticals, perishables, and time-sensitive cargo .

The structured warrant-based fundraising reflects a broader trend in capital markets where companies use phased equity infusion to balance growth funding with financial discipline. The participation of diverse investors highlights renewed confidence in the logistics sector’s growth outlook , driven by global trade realignment and e-commerce expansion.