Tejas Cargo India IPO
smelistedAbout the company
Founded in 2021, Tejas Cargo India provides long haul transportation services across India. Specializing in Full Truck Load (FTL) services for sectors like logistics, steel, and e-commerce, it completed over 98,900 trips in Fiscal 2024. The company operates a modern fleet of 1,131 vehicles with advanced IoT technology for optimization and safety. Tejas Cargo India runs 23 branches and has a fleet maintenance facility in Gurugram. With efficient logistics solutions and growth in the 3PL market, it’s poised for continued expansion.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed14 Feb 2025Bidding starts for all investor categories
IPO Closes
Completed18 Feb 2025Last day to place your bid
Basis of Allotment
Completed21 Feb 2025Share allotment finalised
Refund Initiation
Completed21 Feb 2025Refunds credited for non-allottees
Credit to Demat
Completed21 Feb 2025Allotted shares credited to demat account
Listing on Exchange
Completed24 Feb 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 800 | ₹134,400 | 1 | ₹134,400 | 1 lot only |
| HNI | 2 | 1600 | ₹268,800 | 2 | ₹268,800 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 3,201,220 | 52.5 | 0 | 0.00x | 100% |
| NII | 15% | 960,366 | 15.75 | 0 | 0.00x | 100% |
| Retail | 35% | 2,240,854 | 36.75 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
