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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%

Subscription Status

1.23xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB1.33x
Fully Subscribed (Safe)Offered: 11,84,800 sh
Nib1.43x
Fully Subscribed (Safe)Offered: 8,88,800 sh
Retail1.09x
Fully Subscribed (Safe)Offered: 20,72,800 sh
Employees0.73x
Steady / DevelopingOffered: 63,200 sh
CategoryOfferedAppliedTimes
QIB11,84,80015,78,4001.33x
Nib8,88,80012,68,0001.43x
Retail20,72,80022,68,8001.09x
Employees63,20046,4000.73x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB26.5219.91.33x
Retail38.1234.821.09x
Employees0.781.060.74x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
QIB02Open
Nib048Open
Retail02,836Open
Employees020Open
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About Tejas Cargo India IPO Subscription Demand

Live subscription status and bidding analysis for Tejas Cargo India (TEJASCARGO) IPO. The issue is subscribed 1.23x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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