Tejas Cargo India is set to launch its Rs 105.84 crore IPO, with applications open from 14th to 18th February. This IPO is an entirely fresh issue of 63 lakh shares, and the company will be listed on NSE SME.
It is a book-building issue, requiring retail investors to invest a minimum of Rs 1,34,400, while HNIs must invest at least Rs 2,68,800 for 1,600 shares (2 lots).
Bigshare Services Pvt Ltd is the registrar, and New Berry Capitals Pvt Ltd serves as both the lead manager and market maker for the IPO.
Tejas Cargo India IPO GMP
The latest Tejas Cargo India IPO GMP Rs 0 on 18th Feb 25, 10:00 AM. The expected listing price of Tejas Cargo India is Rs 168. The gain in profit/loss is 0% as.
| Date | GMP | Expected Listing Price | Last Updated |
| 18-02-2025 | 0 | 168 | 10:00 AM |
| 17-02-2025 | 0 | 168 | 10:00 AM |
| 16-02-2025 | 0 | 168 | 10:00 AM |
| 15-02-2025 | 0 | 168 | 10:00 AM |
| 14-02-2025 | 0 | 168 | 10:00 AM |
| 13-02-2025 | 0 | 168 | 10:15 AM |
Tejas Cargo India IPO Details
| Face Value | Rs 10 per Share |
| Lot Size | 800 Shares |
| Price Band | Rs 160 to Rs 168 |
| Listing At | NSE SME |
| Total Issue Size | 63,00,000 Shares (aggregating up to Rs 105.84 Cr) |
| Fresh Issue | 63,00,000 Shares (aggregating up to Rs 105.84 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Tejas Cargo India IPO Timeline
| Open – Close Date | 14th Feb to 18th Feb |
| Last UPI Mandate Confirmation | 5 PM on 18th Feb |
| IPO Allotment | 19th Feb |
| Amount Refund | 20th Feb |
| Credit of Shares | 20th Feb |
| Listing Date | 21st Feb |
Tejas Cargo India IPO Lot Size
| Application | Lot | Size | Amount |
| Retail (Min) | 1 | 800 | Rs 1,34,400 |
| Retail (Max) | 1 | 800 | Rs 1,34,400 |
| HNI (Min) | 2 | 1,600 | Rs 2,68,800 |
Tejas Cargo India Company Details
- Tejas Cargo India Limited, founded in March 2021, is a Faridabad-based logistics company offering Full Truck Load (FTL) road transportation across India.
- It serves sectors like logistics, steel, e-commerce, FMCG, and white goods.
- As of 31st October, 2024, the company operates a fleet of 1,131 vehicles, including 913 container trucks (32-40 feet) and 218 trailers, with an average age of 3.4 and 0.7 years, respectively.
- During Fiscal 2024, it completed 98,913 trips, with 58,943 trips recorded as of 30th September, 2024.
- The company runs 23 branches nationwide for placements, loading, and unloading.
- As of 30th September, 2024, it employs 284 people.
Is Tejas Cargo India IPO Worth Investing?
| Ended On | Sept 2024 | March 2024 |
| Assets | Rs 294.29 Cr | Rs 236 Cr |
| Revenue | Rs 255.09 Cr | Rs 422.59 Cr |
| PAT | Rs 8.75 Cr | Rs 13.22 Cr |
Financial Performance:
Revenue: The company generated Rs 255.09 crore in revenue during the period ended on 30th September, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 63.16 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 294.29 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.
Profit After Tax (PAT): the company generated PAT of Rs 8.75 crore as of September 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.
Tejas Cargo India IPO FAQs:
1.What is the price band of the Tejas Cargo India IPO?
Tejas Cargo India IPO Price Band is Rs 160 to Rs 168.
2.What is the issue size of the Tejas Cargo India IPO?
Tejas Cargo India IPO issue size is Rs 105.84 crore.
3.What is the lot size of the Tejas Cargo India IPO?
The size of 1 lot is 800 Shares with a minimum bid of Rs 1,34,400.
4.What is the allotment and listing date of the Tejas Cargo India IPO?
The allotment date of the IPO is 19th Feb and the listing date for the same is 21st Feb.
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