Tejas Cargo IPO subscription started on Friday, February 14, 2025, and will close on February 18, 2025, as per the schedule. The price band is set at ₹160 to ₹168 per share with a face value of ₹10.
Tejas Cargo IPO Subscription Status
Tejas Cargo IPO Subscribed over 0.32x on its First day till 05.00 PM on 14th February 2025.
- Tejas Cargo IPO subscription QIB investors portion is 0.35 times, while NII subscribed 0.03 times and RII investors subscribed 0.41 times.
- The company has received bids for 13,27,200 shares against 42,09,600 shares on offer on the First day.
- Tejas Cargo IPO Subscribed over 0.32x on day 1.
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.
Tejas Cargo IPO GMP:
Tejas Cargo IPO GMP was ₹0 as of Friday, 14th February 2025. That indicates the IPO is trading at ₹168 with ₹0 premium in the grey market against the issue price of ₹168.
