Tejas Cargo IPO Details
| IPO Open Date: | February 14, 2025 |
| IPO Close Date: | February 18, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹160 to ā¹168 Per Share |
| Issue Size: | Approx ā¹105.84 Crores |
| Fresh Issue: | Approx ā¹105.84 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Tejas Cargo IPO Market Lot
The Tejas Cargo IPO minimum market lot is 800 shares with ā¹1,34,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ā¹1,34,400 |
| Retail Maximum | 1 | 800 | ā¹1,34,400 |
| S-HNI Minimum | 2 | 1,600 | ā¹2,68,800 |
Tejas Cargo IPO Dates
The Tejas Cargo IPO date is February 14 and the close date is February 18. The Tejas Cargo IPO allotment will be finalized on February 19 and the IPO listing on February 24.
| IPO Open Date: | February 14, 2025 |
| IPO Close Date: | February 18, 2025 |
| Basis of Allotment: | February 19, 2025 |
| Refunds: | February 20, 2025 |
| Credit to Demat Account: | February 20, 2025 |
| IPO Listing Date: | February 24, 2025 |
Promoters of Tejas Cargo IPO
The promoters of the company are Chander Bindal and Manish Bindal
About Tejas Cargo IPO
In todayās era, getting fast transportation services is crucial, Tejas Cargo India is a logistics company, that specializes in transporting goods over long distances by road throughout India as part of the supply chain process and is nestled in Faridabad, Haryana. With the help of Full Truck Load, they are providing fast transportation services and they are top-notch. Moreover, their fast services are unlimited as logistics, FMCG, white goods, steel, cement, e-commerce, and chemicals. Nowadays they have direct control over fleet maintenance and operations. Significantly, GPS tracking, automated warehousing, supply chain management software, Global Reach, and Flexibility to serve numerous industries are the strengths of this company. Financially, in FY 2024, company revenue is ā¹ 12,521.19 Lakhs, EBITDA of ā¹ 2,268.81 Lakhs, and PAT of ā¹ 445.70 Lakhs.
Tejas Cargo IPO Company Financial Report
The company reported revenue of ā¹422.59 crores in 2024. The company reported profit of ā¹13.22 crores in 2024.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 (Standalone) | ā¹209.6 | ā¹205.45 | ā¹3.16 | ā¹63.57 |
| 2023 (Standalone) | ā¹384.37 | ā¹370.85 | ā¹9.86 | ā¹116.42 |
| 2024 (Consolidated) | ā¹422.59 | ā¹405.20 | ā¹13.22 | ā¹236.00 |
| September 2024 (Consolidated) | ā¹255.09 | ā¹43.41 | ā¹8.75 | ā¹294.29 |
Tejas Cargo IPO Valuation – FY2024
Check Tejas Cargo IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 38.62% |
| ROCE: | 28.30% |
| EBITDA Margin: | 16.46% |
| PAT Margin: | 3.13% |
| Debt to equity ratio: | 2.91 |
| Earning Per Share (EPS): | ā¹7.52 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.85% |
| Net Asset Value (NAV): | ā¹2,269.21 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| AVG Logistics Limited | 26.66 | 11.64 | 12.65 | 136.3 | 479.89 Cr. |
| RITCO Logistics Limited | 13.22 | 27.33 | 17.80 | 73.98 | 933.30 Cr. |
Objects of the Issue
- 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; and
- General Corporate Purposes;
Tejas Cargo IPO Review
- IPO Watch – Avoid
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- Capital Market –
- BP Wealth –
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Tejas Cargo IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- New Berry Capitals Private Limited
Company Address
Tejas Cargo India Limited
3 rd Floor, Tower B
Vatika Mindscape 12/3 , Mathura Road, Sector-27D,
NH-2, Faridabad,, 121003
Phone: +91-129-4144812
Email: [email protected]
Website: https://www.tcipl.in
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Note: The Tejas Cargo IPO price band and date are officially announced. The (Tejas Cargo IPO grey market premium) will be added to the IPO GMP page as it will start).
