Tejas Cargo India IPO
Tejas Cargo India is an NSE SME IPO listed on the NSE SME platform, priced at ₹160–₹168 per share. The stock debuted at ₹175, delivering a listing gain of 4.2%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,34,400.
Tejas Cargo India Limited IPO
- IPO Dates
- Feb 14, 2025 – Feb 18, 2025
- Price band
- ₹160-168 per equity share
- Minimum Investment
- ₹1,34,400
- Issue size
- ₹105.84 Cr
- Lot size
- 800
- Allotment Date
- Feb 19, 2025
- Listing
- Feb 24, 2025
- Listing At
- NSE SME
IPO timeline
-
Feb 14, 2025
Open Date
Completed
-
Feb 18, 2025
Close Date
Completed
-
Feb 19, 2025
Allotment Date
Completed
-
Feb 24, 2025
Listing Date
Completed
Tejas Cargo India IPO Essentials
Tejas Cargo India IPO Details
Tejas Cargo India IPO is priced at ₹160-168 per share with a total issue size of 105.84 crore. The IPO has a lot size of 800 shares and is listed on NSE SME.
- Issue price
- ₹160-168 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 63,00,000 shares(aggregating up to ₹105.84 Cr)
- Total issue size
- 63,00,000 shares
(aggregating up to ₹105.84 crore) - Fresh issue
- 63,00,000 shares
(aggregating up to ₹105.84 crore) - Listing at
- NSE SME
- List price
- 175.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
New Berry Capitals Private Limited
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,34,400 |
| Retail(max) | 1 | 800 | ₹1,34,400 |
| NII (min) | 2 | 1,600 | ₹2,68,800 |
Tejas Cargo India IPO Reservation
Tejas Cargo India IPO reservation details show category-wise allocation of shares. Out of the total 63,00,000 shares, approximately 18.81% are reserved for QIB, 14.11% for NII, 32.9% for retail investors, 5% for market maker, and 28.18% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 17,75,200 (28.18%) | |
| Market Maker Shares Offered | 3,15,200 (5%) | |
| QIB Shares Offered | 11,84,800 (18.81%) | |
| NII (HNI) Shares Offered | 8,88,800 (14.11%) | |
| Retail Shares Offered | 20,72,800 (32.9%) | |
| Total Shares Offered | 63,00,000 (100%) |
Tejas Cargo India IPO Analytics
Tejas Cargo India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Tejas Cargo India IPO Subscription Status
Tejas Cargo India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,84,800 / 8,88,800 | 20,72,800 | 42,09,600 |
|
Day 1
14-02-25 06:00 PM
|
(0.35 / 0.03) x | 0.42 x | 0.32 x |
|
Day 2
17-02-25 06:00 PM
|
(1.26 / 0.08) x | 0.67 x | 0.71 x |
|
Day 3
18-02-25 06:00 PM
|
(1.33 / 1.43) x | 1.09 x | 1.23 x |
Tejas Cargo India Valuations
Earnings
- EPS Pre IPO
- ₹7.52/-
- EPS Post IPO
- ₹7.32/-
- P/E Pre IPO
- 22.35
- P/E Post IPO
- 22.95
Returns
- ROE
- 38.62%
- ROCE
- 28.30%
- RoNW
- 23.85%
- PAT Margin
- 3.13
Fundamentals
- Price / Book
- 0.07
Tejas Cargo India Financials( In Crs.)
| 30-Sep-24 | 31-Mar-24 | |
|---|---|---|
| Assets | 294.29 | 236.0 |
| Revenue | 255.09 | 422.59 |
| Profit After Tax | 8.75 | 13.22 |
| Net Worth | 63.16 | 55.45 |
| Reserves & Surplus | 46.6 | 55.2 |
| Total Borrowing | 206.28 | N/A |
Tejas Cargo India Company & Offer Insights
About Tejas Cargo India
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.
Tejas Cargo India Promoter(s)
Chander Bindal, Manish Bindal are the company's promoters of Tejas Cargo India.
Tejas Cargo India IPO Issue Objectives
- •
- Purchase of additional trailers for the Company
- •
- To meet working capital requirements
- •
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
- •
- General Corporate Purposes
Tejas Cargo India IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Tejas Cargo India Limited | N/A | 7.52 | 31.52 | N/A | 23.85 | N/A | Consolidated |
| AVG Logistics Limited | N/A | 26.66 | N/A | 11.64 | 12.65 | N/A | Consolidated |
| Ritco Logistics Ltd | N/A | 13.22 | N/A | 27.33 | 17.8 | N/A | Consolidated |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on www.nseindia.com on February 04, 2025, divided by the diluted EPS.
- Return on Net Worth (%) = Net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the number of Equity Shares outstanding on March 31, 2024, after considering the impact of capital change during the six-month period ended September 30, 2024, retrospectively.
Contact Information
Contact Details
Tejas Cargo India
+91-129-4144812
3 rd Floor, Tower B, Vatika Mindscape 12/3 , Mathura Road, Sector-27D, NH-2, Faridabad,, 121003
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Tejas Cargo India IPO is a book-built IPO worth ₹105.84 crore. The price band is ₹160–₹168 per share. The IPO opens on Feb 14, 2025 and closes on Feb 18, 2025. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Tejas Cargo India IPO is ₹160 to ₹168 per share.
The lot size of Tejas Cargo India IPO is 800 shares.
The minimum investment for Tejas Cargo India IPO is approximately ₹1,34,400 based on the upper price band .
Tejas Cargo India IPO opens on Feb 14, 2025 and closes on Feb 18, 2025.
The allotment date of Tejas Cargo India IPO is Feb 19, 2025.
Tejas Cargo India IPO is expected to be listed on Feb 24, 2025, on NSE SME Platform.
Tejas Cargo India IPO valuation snapshot: P/E 22.95, EPS ₹7.32/-, P/B 0.07, RoNW 23.85%, and market cap N/A.
To apply for Tejas Cargo India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Tejas Cargo India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Tejas Cargo India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Tejas Cargo India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Tejas Cargo India IPO allotment status on IPO Ji for quick and easy access.