Tejas Cargo IPO Date, Review, Price, Allotment Details

Tejas Cargo IPO open date is February 14, 2025 and the IPO will close on February 18, 2025. Tejas Cargo IPO is a Book Built Issue. The company to raise around ₹105.84 crores via IPO that comprises fresh issue of ₹105.84 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Tejas Cargo IPO price band is ₹160 to ₹168 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Tejas Cargo IPO to list on NSE on February 24, 2025. The allotment of Tejas Cargo IPO date is February 19, 2025.

The company reported revenue of ₹422.59 crores in 2024. The company reported profit of ₹13.22 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Tejas Cargo IPO Details

IPO Open Date:February 14, 2025
IPO Close Date:February 18, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹160 to ₹168 Per Share
Issue Size:Approx ₹105.84 Crores
Fresh Issue:Approx ₹105.84 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 ₹1,34,400 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1800₹1,34,400
Retail Maximum1800₹1,34,400
S-HNI Minimum21,600₹2,68,800

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 today’s 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 ₹ 12,521.19 Lakhs, EBITDA of ₹ 2,268.81 Lakhs, and PAT of ₹ 445.70 Lakhs.

Tejas Cargo IPO Company Financial Report

The company reported revenue of ₹422.59 crores in 2024. The company reported profit of ₹13.22 crores in 2024.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022
(Standalone)
₹209.6₹205.45₹3.16₹63.57
2023
(Standalone)
₹384.37₹370.85₹9.86₹116.42
2024
(Consolidated)
₹422.59₹405.20₹13.22₹236.00
September 2024
(Consolidated)
₹255.09₹43.41₹8.75₹294.29

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.

KPIValues
ROE:38.62%
ROCE:28.30%
EBITDA Margin:16.46%
PAT Margin:3.13%
Debt to equity ratio:2.91
Earning Per Share (EPS):₹7.52 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):23.85%
Net Asset Value (NAV):₹2,269.21

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
AVG Logistics Limited26.6611.6412.65136.3479.89 Cr.
RITCO Logistics Limited13.2227.3317.8073.98933.30 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

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Tejas Cargo IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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: compliance.officer@tcipl.in
Website: https://www.tcipl.in

Tejas Cargo IPO FAQs

What is Tejas Cargo IPO?

Tejas Cargo IPO is a SME IPO. The company is going to raise ₹105.84 Crores via IPO. The issue is priced at ₹160 to ₹168 per equity share. The IPO is to be listed on NSE.

When Tejas Cargo IPO will open for subscription?

The IPO is to open on February 14, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 18, 2025.

What is Tejas Cargo IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Tejas Cargo IPO?

You can apply for Tejas Cargo IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Tejas Cargo IPO Issue Size?

Tejas Cargo IPO issue size is ₹105.84 crores.

What is Tejas Cargo IPO Price Band?

Tejas Cargo IPO Price Band is ₹160 to ₹168.

What is Tejas Cargo IPO Lot Size?

The minimum bid is 800 Shares with ₹1,34,400 amount.

What is the Tejas Cargo IPO Allotment Date?

Tejas Cargo IPO allotment date is February 19, 2025.

What is the Tejas Cargo IPO Listing Date?

Tejas Cargo IPO listing date is February 24, 2025. The IPO is to list on NSE.

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).
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