Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,34,400 | 1 | 800 |
About Tejas Cargo India Limited IPO
Incorporated in March 2021, Tejas Cargo India Limited is a Faridabad-based logistics company specializing in supply chain transportation services by road across India. The company provides express road transportation services under Full Truck Load (FTL) to sectors such as logistics, steel, e-commerce, FMCG, and white goods. As of October 31, 2024, Tejas Cargo operates a fleet of 1,131 vehicles, including 913 container trucks and 218 trailers, with an average age of 3.4 and 0.7 years, respectively. These vehicles, measuring 32 to 40 feet and with a capacity of up to 42 tonnes, ensure efficient and reliable delivery of goods nationwide.
Tejas Cargo India Limited has completed over 58,943 trips as of September 30, 2024, and 98,913 trips during Fiscal 2024, showcasing its extensive operational reach. The company operates through 23 branches strategically located for placements, loading, and unloading, ensuring seamless logistics services. With a workforce of 284 employees as of September 30, 2024, Tejas Cargo is committed to delivering high-quality transportation solutions tailored to the needs of its diverse clientele.
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Competitive Strengths:
- In-House Maintenance and Direct Procurement
- Leveraging modern technology to operate and monitor its fleet.
- Heavy Asset Ownership Model
- Diversified client base and revenue sources
- Experienced and motivated management team
- Track record of growth and robust financial position.
Tejas Cargo India Limited IPO Details
| IPO Date | February 14, 2025 to February 18, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹160 to ₹168 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 63,00,000 shares (aggregating up to ₹105.84 Cr) |
| Fresh Issue | 63,00,000 shares (aggregating up to ₹105.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,75,92,840 shares |
| Share Holding Post Issue | 2,38,92,840 shares |
| IPO Open Date | Fri, Feb 14, 2025 |
| IPO Close Date | Tue, Feb 18, 2025 |
| Tentative Allotment | Wed, Feb 19, 2025 |
| Initiation of Refunds | Thu, Feb 20, 2025 |
| Credit of Shares to Demat | Thu, Feb 20, 2025 |
| Tentative Listing Date | Mon, Feb 24, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 18, 2025 |
Tejas Cargo India Limited IPO Prospectus
Tejas Cargo India Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
| Assets | 294.29 | 236 |
| Revenue | 255.09 | 422.59 |
| Profit After Tax | 8.75 | 13.22 |
| Net Worth | 63.16 | 55.45 |
| Reserves and Surplus | 46.6 | 55.2 |
| Total Borrowing | 206.28 |
Tejas Cargo India Limited Promoters Holding
Chander Bindal and Manish Bindal
Tejas Cargo India Limited Contact Details
Tejas Cargo India Limited
3 rd Floor, Tower B
Vatika Mindscape 12/3 , Mathura Road, Sector-27D,
NH-2, Faridabad,, 121003
Phone:Â +91-129-4144812
Email:Â compliance.officer@tcipl.in
Website:Â https://www.tcipl.in/
