A Oneindia Venture

Tejas Cargo India Ltd. IPO

Min Investment
₹ 1,34,400 / 800 shares
Price Range
₹160 - ₹ 168
Bidding Dates
14 Feb '25 - 18 Feb '25
Total Issue Value
105.84 Cr
Lot Size
800
Total Issue Size
105.84 Cr
Listing At
NSE SME
Subscription
1.16 times
NSE Price
298.00 (77.38%)

IPO Timeline

  • 14 Feb 2025
    Bidding Starts
  • 18 Feb 2025
    Bidding Ends
  • 19 Feb 2025
    Allotment Finalization
  • 21 Feb 2025
    Listing

About Tejas Cargo India Ltd.

We are a logistics company based in Faridabad, Haryana, providing long haul supply chain transportation services by road across India. We offer express supply chain transportation services by road under full truck load, to a diverse range of companies who are, inter alia, engaged in the ... Read more

Parent organisation
Founded
Tejas Cargo India Ltd.
2021

Tejas Cargo India Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 17,76,480 (28.2%)
Employee Reserved 63,200 (1%)
Market Makers 3,15,200 (5%)
Non Institutional Investors 8,88,240 (14.1%)
Qualified Institutional Buyers (QIBs) 11,84,320 (18.8%)
Retail Individual Investors (RIIs) 20,72,560 (32.9%)

Tejas Cargo India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 508.10 Cr 19.12 Cr 149.32 Cr
31 Mar 2024 422.59 Cr 13.22 Cr 55.20 Cr
31 Mar 2023 384.37 Cr 9.86 Cr 13.01 Cr

Tejas Cargo India Ltd. Background

Major Events And Milestones
  • 2021
    Incorporated as a Private Limited Company under the name of “Tejas Cargo India Private Limited”
  • 2022
    Increase in fleet size from 104 to 341
  • 2023
    Entered into new fleet segment of trailers
    Incorporated our Subsidiary Company i.e. Tejas Carrriers Solutions Private Limited
    Increase in fleet size from 341 to 713
  • 2024
    Started catering to the steel and cement sectors
    Conversion of our Company from a Private Limited company to a Public Limited company
Tejas Cargo India Ltd. Object of Issues

1. Purchase of additional trailers for our Company
2. To meet working capital requirements
3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
4. General Corporate Purposes

Tejas Cargo India Ltd. IPO Listing Details
Listing Date
21 Feb 2025
NSE Symbol
TEJASCARGO
ISIN
INE17WC01013
Final Issue Price
₹ 168
Tejas Cargo India Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 168.00
Open - ₹ 175.00
Low - ₹ 168.00
High - ₹ 175.00
Last Trade - ₹ 168.00
Tejas Cargo India Ltd. Company Promoters

1. Chander Bindal
2. Manish Bindal

Industry Overview

Third-Party Logistics (3PL) market involves outsourcing logistics and supply chain management tasks—such as transportation, warehousing, inventory management, and order fulfilment to specialized external firms. This approach helps businesses focus on their core operations, improving ... Read more

Tejas Cargo India Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Tejas Cargo India Ltd. IPO Lead Manager(s)
New Berry Capitals Pvt. Ltd.
A-602, Marathon NextGen Innova, Level 6, Ganpatrao Kadam Marg, Lower Parel, Mumbai Maharashtra - 400013
48818442

FAQs

When does Tejas Cargo India Ltd. IPO opens and closes?

Tejas Cargo India Ltd. IPO opens from 14th February to 18th February 2025.

What is the size of Tejas Cargo India Ltd. IPO?

The size of the Tejas Cargo India Ltd. IPO is ₹105.84 Cr.

What is the price range of Tejas Cargo India Ltd. IPO?

The price range of Tejas Cargo India Ltd. IPO is at ₹160 to ₹168 per share.

What is the minimum investment and lot size required for the Tejas Cargo India Ltd. IPO?

The minimum investment required is ₹1,34,400 and minimum lot size is 800 shares.

When is Tejas Cargo India Ltd. IPO listing date?

The Tejas Cargo India Ltd. IPO will be listed on 21st February 2025.

What is the objective of Tejas Cargo India Ltd. IPO?

1. Purchase of additional trailers for our Company
2. To meet working capital requirements
3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
4. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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