What are the open and close dates of the Tejas Cargo India IPO ?

Tejas Cargo India IPO will be open between 2025-02-14 and 2025-02-18.

What is the allotment date for the Tejas Cargo India IPO ?

Tejas Cargo India IPO allotment date is 2025-02-21. For Tejas Cargo India IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Tejas Cargo India IPO ?

For Tejas Cargo India IPO, the IPO registrar is Bigshare Services Pvt Ltd. You can check Tejas Cargo India IPO allotment status on the website of the registrar.

Where is the Tejas Cargo India IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will Tejas Cargo India IPO shares be credited to your demat account?

The Tejas Cargo India IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the Tejas Cargo India IPO ?

The Tejas Cargo India IPO lot size is 800 and minimum order quantity is 800.

What is the price band for the Tejas Cargo India IPO ?

Tejas Cargo India IPO has set the price band for its IPO at 168 per equity share with a face value of 10.

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IPO

0.93x

subscribed

Tejas Cargo India IPO

Logistics

listed

₹1.28LMin. investment

Pre-apply
13 Feb
Bid start
14 Feb
Bid end
18 Feb
Allotment
21 Feb
Release of funds
21 Feb
Demat transfer
21 Feb
Listing
24 Feb

Tejas Cargo India Limited IPO Details

Issue size

₹105Cr

IPO type

SME

Market Cap

₹401.4CrLower than sector avg

Price range

₹160 – ₹168

Listing ExchangeNSE

RevenueApr 2023 - Mar 2024

₹419.32CrLower than sector avg

Lot size

800 shares

Red Herring Prospectus

Read

Growth rate3Y CAGR

26.07%Higher than sector avg

SectorLogistics

Price range₹160 – ₹168

IPO type

SME

Lot size800 shares

Issue size₹105Cr

Red Herring Prospectus

Read

Market Cap

₹401.4CrLower than sector avg

RevenueApr 2023 - Mar 2024

₹419.32CrLower than sector avg

Growth rate3Y CAGR

26.07%Higher than sector avg

Checklist

Quality analysis

Revenue growth

Company valuation

Earnings expansion

Risk analysis

Debt to Equity ratio

Promoter holdings

Shares pledged

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Compare

Companies in this sector

Container Corporation of India Ltd

Aegis Logistics Ltd

Blackbuck Ltd

Revenue

Higher revenue means strong sales and good market demand

This IPO

₹419.32Cr

This sector

₹711.28Cr

Compare with companies

3Y growth

Strong 3-year growth shows consistent progress and potential

This IPO

26.07%

This sector

0.02%

Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management

This IPO

₹13.22Cr

This sector

-₹13.78Cr

Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation

This IPO

₹401.4Cr

This sector

₹1,677.75Cr

Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued

This IPO

22.34

This sector

34.35

Compare with companies

D/E ratio

Lower ratio usually means fewer liabilities

This IPO

2.91

This sector

0.59

Compare with companies

Objectives

Purchase of additional trailers

30.00%

Working capital requirements

28.34%

Repayment or prepayment of borrowings

14.17%

General corporate purposes

Not assigned

About Tejas Cargo India Limited

Founded in 2021, Tejas Cargo India provides long haul transportation services across India. Specializing in Full Truck Load (FTL) services for sectors like logistics, steel, and e-commerce, it completed over 98,900 trips in Fiscal 2024. The company operates a modern fleet of 1,131 vehicles with advanced IoT technology for optimization and safety. Tejas Cargo India runs 23 branches and has a fleet maintenance facility in Gurugram. With efficient logistics solutions and growth in the 3PL market, it’s poised for continued expansion.

Tejas Cargo India IPO Subscription Status

Date	QIB	NII	Retail	Total
14-Feb-25	0.35 times (X)	0.0 times (X)	0.42 times (X)	0.31 times (X)
17-Feb-25	1.26X	0.0X	0.69X	0.7X
18-Feb-25	1.33X	0.0X	1.11X	0.93X

Latest News on Tejas Cargo India IPO

The ₹105.84-crore public offer of the logistics service provider will close for bidding on February 18. The IPO price band has been fixed between ₹160 and ₹168 per share.

3 min read

Tejas Cargo India’s ₹105.84 crore IPO was fully subscribed by the final day, with strong demand from Non-Institutional Investors (NIIs). The total subscription reached 1.22 times. The allotment status for the IPO will be finalised on February 18. Investors can check the allotment status on the NSE and Bigshare Services portal.

4 min read

At the listing price of ₹175 per share, the value of a single lot of equity shares bagged by IPO investors stood at ₹1,40,00 (₹175 x 800). The IPO investors would have made listing gains of ₹5,600 per lot as the minimum investment in a single lot was ₹1,34,400 (₹168 x 800) at the upper price band.

3 min read

Frequently asked questions

How to invest in the Tejas Cargo India IPO ?

Investors can apply for the Tejas Cargo India IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Tejas Cargo India IPO ?

The issue size of the Tejas Cargo India IPO is 105 Cr.

What is 'pre-apply' for Tejas Cargo India IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Tejas Cargo India IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.