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Tejas Cargo India Ltd

Tejas Cargo India Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹168
₹168
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹168
Based on GMP
Min. Investment
₹134,400
1 lot × 800 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Feb 2025
Close Date
18 Feb 2025
Allotment
19 Feb 2025
Listing Date
24 Feb 2025
Exchange
NSE SME
Price Band
₹168
Listing Price
See chart
Allotment Status
Price Band
₹168
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
63,00,000 shares (aggregating up to ₹105.84 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹134,400
1 lot
Pre-IPO Holding
1,75,92,840 shares
Promoters
Post-IPO Holding
2,38,92,840 shares
Promoters
P/E (Pre)
22.35x
 
P/E (Post)
22.95x
 
EPS (Pre)
₹7.52
 
EPS (Post)
₹7.32
 
UPI Deadline
2025-02-18
Mandate
Anchor AllotmentThu, 13 Feb 2025
Basis of AllotmentWed, 19 Feb 2025
Refund InitiationThu, 20 Feb 2025
Demat CreditThu, 20 Feb 2025
Listing DayMon, 24 Feb 2025
UPI Mandate Deadline2025-02-18
Sale TypeFresh Capital
Net Offer to Public59,84,800 shares (aggregating up to ₹100.54 Cr)
Market Maker Quota3,15,200 shares (aggregating up to ₹5.30 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Tejas Cargo India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Feb 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
315,200
₹5.30
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,300,000
100% ₹105.84
IPO Shares Offered
Tejas Cargo India Ltd IPO total issue size: ₹105.84 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 315,200 ₹5.30
5.00%
Total 6,300,000 ₹105.84
100.00%
* Based on upper price band ₹168 per share
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹168.00
Upper Band
Min Investment
₹134,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹268,800
Retail (Max — 13 Lots)1310,400₹1,747,200
S-HNI (Min — 14 Lots)1411,200₹1,881,600
B-HNI (Min — 68 Lots)6854,400₹9,139,200
* Issue Price ₹168 × Lot Size 800 shares
IPO Schedule
Anchor
13 Feb 2025
✓ Done
IPO Open
14 Feb 2025
✓ Done
IPO Close
18 Feb 2025
✓ Done
Allotment
19 Feb 2025
✓ Done
Refunds
20 Feb 2025
✓ Done
Demat Credit
20 Feb 2025
✓ Done
Listing Day
24 Feb 2025
✓ Done
Tejas Cargo India Ltd — Live Price LIVE
₹168.00
INR · NSE
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Issue ₹168.00 Live Price
About Tejas Cargo India Ltd
Incorporated in March 2021, Tejas Cargo India Limited is a logistics company located in Faridabad, Haryana, that provides supply chain transportation services by road throughout India.The company provides express road transportation services under Full Truck Load (FTL) to various sectors, including logistics, steel, e-commerce, FMCG, and white goods.As of October 30, 2024, the fleet includes 913 container trucks and 218 trailers, averaging 3.4 and 0.7 years old, respectively.As of October 31, 2024, the company has a fleet of 1,131 vehicles: 218 trailers and 913 container trucks, measuring 32 to 40 feet and with a capacity of up to 42 tonnes.As of September 30, 2024, the company has completed over and 58,943 trips and 98,913 trips during Fiscal 2024.The company operates nationwide through twenty-three branches for placements, loading, and unloading.The company has a workforce of 284 employees as of September 30, 2024.Competitive StrengthIn-House Maintenance and Direct ProcurementLeveraging modern technology to operate and monitor its fleet.Heavy Asset Ownership ModelDiversified client base and revenue sourcesExperienced and motivated management teamTrack record of growth and robust financial position.
Objects of the Issue
1
Purchase of additional trailers for the Company;
2
To meet working capital requirements;
3
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company; and
4
General Corporate Purposes;
Tejas Cargo India Ltd Financials (Amount in ₹ Crores)
Revenue from Operations
₹384.4
31 Mar 2023
₹422.6
31 Mar 2024
₹255.1
30 Sep 2024
Profit After Tax (PAT)
₹9.9
31 Mar 2023
₹13.2
31 Mar 2024
₹8.8
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 255.09 422.59 384.37
EBITDA N/A N/A N/A
Profit After Tax (PAT) 8.75 13.22 9.86
Net Worth 63.16 55.45 13.02
Total Assets 294.29 236.00 116.42
Reserves & Surplus 46.60 55.20 13.01
Borrowings 206.28 N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) 3.13
P/BV Ratio
0.07
RoE
38.62
RoCE
28.30
RoNW
23.85
PAT Margin
3.13
Issue Structure & Shareholding
Total Shares Offered63,00,000 (100.00%)
Net Offer to Public59,84,800 shares (aggregating up to ₹100.54 Cr)
Reserved for Market Maker3,15,200 shares (aggregating up to ₹5.30 Cr)
Pre-Issue Promoter Holding1,75,92,840 shares
Post-Issue Promoter Holding2,38,92,840 shares
P/BV Ratio0.07
RoE38.62
RoCE28.30
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
New Berry Capitals Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Tejas Cargo India Ltd IPO subscribed?

Tejas Cargo India Ltd IPO is subscribed 1.00 times by Feb 18, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Tejas Cargo India Ltd IPO retail subscription status?

The Tejas Cargo India Ltd IPO retail category is subscribed 1.00 times as of 18 Feb 2025. The retail portion is oversubscribed.

How to subscribe Tejas Cargo India Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Feb 2025 and closes 18 Feb 2025. Min investment: ₹134,400 (1 lot = 800 shares). UPI mandate: 2025-02-18.

How many times Tejas Cargo India Ltd IPO subscribed?

The Tejas Cargo India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Tejas Cargo India Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Feb 2025. Refunds: on 20 Feb 2025.

When Tejas Cargo India Ltd IPO will be listed?

The Tejas Cargo India Ltd IPO listing date is 24 Feb 2025, Monday. Listed on: NSE SME. Issue price: ₹168. Estimated listing: ₹168. GMP: NIL.

When Tejas Cargo India Ltd IPO close?

The Tejas Cargo India Ltd IPO closes on 18 Feb 2025, Tuesday. UPI mandate: 2025-02-18. Allotment: 19 Feb 2025. Listing: 24 Feb 2025.