Tejas Cargo India Limited
Tejas Cargo India Limited
Price Band
₹160 - ₹168
Total Issue
₹105.84 Cr
Bid Dates
14 Feb - 18 Feb
Subscription
1.24x
Est. GMP
₹0 (0.00%)
Tejas Cargo India IPO Dates
Business Overview
Tejas Cargo India Limited is a Faridabad-based logistics company specializing in long-haul, full truck load (FTL) transportation across India. Serving industries like steel, cement, e-commerce, FMCG, and chemicals, they offer express road transport solutions backed by technology. Their services include route planning, fleet management, tracking, and performance monitoring—ensuring efficient, reliable, and timely deliveries
Tejas Cargo India IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 800 | ₹1,34,400 |
| Individual (Max) | 1 | 800 | ₹1,34,400 |
| S-HNI (Min) | 2 | 1,600 | ₹2,68,800 |
| S-HNI (Max) | 7 | 5,600 | ₹9,40,800 |
| B-HNI (Min) | 8 | 6,400 | ₹10,75,200 |
Tejas Cargo India IPO Size
Objects of the Issue
A1
A2
A3
Tejas Cargo India IPO Live Subscription
Updated as on 18-Feb-2025 19:00:09 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 1.33x | 11,84,800 | 15,78,400 |
| NII | 1.07x | 8,88,800 | 9,52,800 |
| Retail | 1.09x | 20,72,800 | 22,68,800 |
| Total | 1.16x | 41,46,400 | 48,00,000 |
Tejas Cargo India IPO GMP
| Date | GMP (₹) | Est. Price |
|---|
Peer Comparison
(Rs. in crores)
| Particulars | Co. | RITCO Logistics | AVG Logisticsr |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 419.33 | 933.30 | 479.89 |
| PAT (In Crs.) | 13.22 | 32.65 | 18.32 |
| EPS - Basic | 7.52 | 13.22 | 26.66 |
| NAV per share | 31.52 | 73.98 | 136.30 |
| RONW | 23.85 | 17.80 | 12.65 |
| EBITDA | 16.46 | 8.46 | 19.78 |
| PAT Margin | 3.13 | 3.48 | 3.73 |
| Price to earning (PE) | 0.08 | 27.33 | 11.64 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Financials
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 252.61 | 419.33 | 381.79 | 209.29 |
| Profit after Tax | 8.75 | 13.22 | 9.86 | 3.16 |
| Net Worth | 63.16 | 55.45 | 13.02 | 2.94 |
| Total Borrowing | 206.28 | 161.36 | 83.38 | 31.12 |
| Total Assets | 294.29 | 236.00 | 116.42 | 63.57 |
| NAV per share (in ₹) | 35.90 | 2,269.21 | 13,023.94 | 2,943.90 |
| EPS - Basic (in ₹) | 6.81 | 2,206.83 | 9,858.53 | 3,155.41 |
KPIs
EBITDA
16.46%
PAT
3.13%
ROE
38.62%
ROCE
28.30%
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Promoter Holding
Promoter
50.00%
Public
50.00%
Management
Frequently Asked Questions
What is Tejas Cargo India IPO?
When will Tejas Cargo India IPO open?
What is the GMP of Tejas Cargo India IPO?
What is the lot size of Tejas Cargo India IPO?
When is the allotment of Tejas Cargo India IPO?
What is the listing date of Tejas Cargo India IPO?
What is the subscription of Tejas Cargo India IPO?
What is the price band of Tejas Cargo India IPO?
How to check allotment status of Tejas Cargo India IPO?
How to apply Tejas Cargo India IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Tejas Cargo India IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Tejas Cargo India IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Tejas Cargo India IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date