Tejas Cargo India Ltd
Price Range
₹160 - ₹168
Min. Quantity
800
Closes on
18 February 2025
Min. investment
₹1,34,400/800 Shares
Tejas Cargo India Ltd IPO Timeline
Tejas Cargo India Limited was incorporated as a Private Limited Company in the name and style of Tejas Cargo India Private Limited' on March 26, 2021 with the Registrar of Companies. Subsequently, Company was converted into a Public Limited Company and the name was changed to Tejas Cargo India Limited' vide certified Incorporated dated September 05, 2024 issued by the Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Tejas Cargo India Ltd IPO Opening Date | 14 February 2025 |
| Tejas Cargo India Ltd IPO Closing Date | 18 February 2025 |
| Basis of Allotment | 20 February 2025 |
| Initiation of Refunds | 20 February 2025 |
| Credit of Shares to Demat | 21 February 2025 |
| Tejas Cargo India Ltd IPO Listing Date | 24 February 2025 |
Tejas Cargo India Ltd IPO Details
| Tejas Cargo India Ltd IPO Date | 14 February 2025 to 18 February 2025 |
| Tejas Cargo India Ltd IPO Face Value | ₹10 per share |
| Tejas Cargo India Ltd IPO Price | ₹160 to ₹168 per share |
| Tejas Cargo India Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹105.84 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹105.84 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 11,84,320 of the Net Offer |
| Retail Shares Offered | Not less than 20,72,560 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 8,88,240 of the Net Offer |
| Company Promoters | Chander Bindal, Manish Bindal, Harsh Hupta |
Tejas Cargo India Ltd IPO Lot Size
The Tejas Cargo India Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,34,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,34,400 |
| Maximum | 1 | 800 | ₹1,34,400 |
- Strengths
- Risks
- Opportunities
- Heavy Asset Ownership Model.
- Leveraging modern technology to operate and monitor our fleet.
- In-House Maintenance and Direct Procurement.
- Diversified client base and revenue sources.
- Track record of growth and robust financial position.
- Experienced and motivated management team.
Company Financials
Tejas Cargo India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 235.99 | 423.91 | 13.22 |
| 03-2023 | 116.42 | 386.65 | 9.86 |
| 03-2022 | 63.74 | 209.72 | 3.16 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Purchase of additional trailers
- To meet working capital requirements
- Repayment/ or pre-payment in full or part of certain borrowings availed by the company
- General corporate purposes
Tejas Cargo India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 50% |
| Post Issue Share Holding | 36.81% |
Tejas Cargo India Ltd IPO Subscription Status (Bidding Detail)
The Tejas Cargo India Ltd IPO is subscribed 1.1407 times on 18 February 2025 05:00:00 PM. The public issue subscribed 1.0947 times in the retail category, 1.3328 times in the QIB category, and 1.4275 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.3328 | 1.4275 | 1.0947 | 0.7342 | 1.1407 |
Tejas Cargo India Ltd IPO Prospectus
Tejas Cargo India Ltd IPO Listing Date
| Listing Date | 24 February 2025 |
| BSE Script | 94133 |
| NSE Symbol | TEJASCARGO |
| Listing In | NSE - SME |
| ISIN | INE17WC01013 |
| IPO Price | ₹168 |
| Face Value | ₹10 |
Company Contact Information
3rd Flr Tower B Vatika Mindsca12/3 Mathura Rd Sector 27D NH2,Faridabad-121003
Phone: +91-129-4144812
Email: compliance.officer@tcipl.in
Website: www.tcipl.in
Tejas Cargo India Ltd IPO Registrar
Tejas Cargo India Ltd IPO Lead Manager(s)
- New Berry Capitals Pvt Ltd
FAQ
What is the issue size of Tejas Cargo India Ltd IPO?
I have pre-applied for Tejas Cargo India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.