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 ā¹160 to ā¹168 per share with a face value of ā¹10.
Tejas Cargo IPO Subscription Status
Tejas Cargo IPOĀ Subscribed over 0.71x on its second day till 05.00 PM on 17th February 2025.
- Tejas Cargo IPO subscription QIB investors portion is 0.71 times, while NII subscribed 0.08 times and RII investors subscribed 0.67 times.
- The company has received bids for 29,92,000 shares against 42,09,600 shares on offer on the second day.
- Tejas Cargo IPO Subscribed over 0.71x on day 2.
- Tejas Cargo IPO Subscribed over 0.32x on day 1.
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.
Tejas Cargo IPO GMP:
Tejas Cargo IPO GMPĀ was ā¹0 as of Monday, 17th February 2025. That indicates the IPO is trading at ā¹168 with ā¹0 premium in the grey market against the issue price of ā¹168.
