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TEJASCARGOSME / NSEListed
Tejas Cargo India

Tejas Cargo India Private Limited, incorporated on March 26, 2021, is a Faridabad-based logistics company specializing in long-haul Full Truck Load (FTL) transportation services for sectors such as logistics, steel, cement, e-commerce, FMCG, chemicals, and white goods. The company operates a tech-enabled supply chain model offering shipment planning, route optimization, tracking, documentation, and performance evaluation. As of October 31, 2024, it manages a fleet of 1,131 vehicles—including 218 trailers and 913 container trucks, with 292 fully debt-free—and uses IoT-based systems like geo-fencing, digital locking, GPS/SIM tracking, ADAS/DSM, and AI-enabled rear cameras, maintaining an average fleet age of 2.88 years. In Fiscal 2024, Tejas Cargo completed 98,913 trips and transported nearly 11.94 lakh billed tonnes with an improved on-time delivery rate of 78.13%. For the six months ended September 30, 2024, it executed 58,943 trips across India, with over 61% handled through its owned fleet. As of September 30, 2024, the company employs 284 personnel.

₹160 - ₹1681.23x sub
Listed Price₹175.00
Listing Gain+4.17%

IPO Schedule & Timeline

Bookbuilding IPO
Open14 Feb 2025
Close18 Feb 2025
Allotment20 Feb 2025
Listing24 Feb 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB11,84,800 shares
28.15%
HNI8,88,800 shares
21.11%
Retail20,72,800 shares
49.24%
Employee63,200 shares
1.5%

Minimum Application Lots

Retail1 Lot (800 shares)
₹1,34,400
HNI2 Lots (1,600 shares)
₹2,68,800

Company Promoters

Chander BindalManish Bindal

Company Background

Tejas Cargo India Private Limited, incorporated on March 26, 2021, is a Faridabad-based logistics company specializing in long-haul Full Truck Load (FTL) transportation services for sectors such as logistics, steel, cement, e-commerce, FMCG, chemicals, and white goods. The company operates a tech-enabled supply chain model offering shipment planning, route o...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24 )₹255 Cr
Growth-39.7%
Revenue Trend (₹ in Crores)
0.0162.1324.3486.4Mar-24Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-24 255 9294206
Mar-24423132360

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-24 4.9714.62%13.52%022.95
Mar-247.5238.62%28.30%22.350

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
20 Feb 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
24 Feb 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Tejas Cargo India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Feb 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Feb 2025Trading commences on exchange

How to Check Tejas Cargo India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Tejas Cargo India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Allotment FAQs & Help

About Tejas Cargo India IPO

Complete issue overview for Tejas Cargo India (TEJASCARGO) IPO. The issue features an equity share price band of ₹160 – ₹168 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,34,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions