58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

   IPO Information
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Performance Report

Tejas Cargo India Limited IPO (Tejas Cargo India IPO) Detail

Tejas Cargo India IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Logistics sector. New Berry Capitals Private is the merchant banker of Tejas Cargo India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th November 2024.

Tejas Cargo India IPO open date is 14th February 2025 and close date is 18th February 2025. IPO Allotment Date is 19th February 2025 and Listing date is 24th February 2025.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹105.84 Cr. Avg IPO Size (Sector Based) : ₹ 25.40 cr.
  • Sector: Logistics SME IPO so far: 49
  • Merchant Banker: New Berry SME IPO by BRLM so far: 47
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 505.04 cr
            (annualised): ₹ 17.80 cr
  • PE Ratio: 22.95x Average Sector PE Ratio: 15.61x

Tejas Cargo India IPO Date

Date of DRHP:
6th November 2024
IPO Allotment Date:
19th February 2025
IPO Open Date:
14th February 2025
Initiation of Refund:
20th February 2025
IPO Closing Date:
18th February 2025
IPO Listing Date:
24th February 2025

Tejas Cargo IPO Info, Size, Subscription

Tejas Cargo India IPO size is Rs 105.84 Cr. crores with IPO price of Rs 105.84 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 105.84 Cr.

Issue Price:
₹ 168.00

Market Capitalisation :
₹ 401.40 Cr.

PE multiple :
22.95

Subscription :
1.15 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
0.00%

Tejas Cargo India IPO Information

Sub Sector : Express road transportation services under Full Truck Load (FTL) to various sectors
Tejas Cargo is a logistics company based in Faridabad, Haryana, providing long haul supply chain transportation services by road across India. Tejas Cargo offer express supply chain transportation services by road under Full Truck Load (“FTL”), to a diverse range of companies who are inter alia engaged in the logistics, steel and cement, e-commerce, industrial & chemicals, FMCG and white goods sectors. As of June 30, 2024, they had carried out more than 80% of the trips through owned fleets and the remaining is undertaken through fleets hired from the open market on an ad-hoc basis. Tejas Cargo offer technology enabled logistics services to their clients to optimize their operations and minimize contingencies. Tejas Cargo completed over 98,913 trips during Fiscal 2024 and 24,552 trips
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Object of Issue (Tejas Cargo IPO Objectives)

  • Purchase of additional trailers
  • To meet working capital requirements
  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
  • General Corporate Purposes

New Berry Capitals Private Limited is the book-running lead manager of the Tejas Cargo India IPO. Bigshare Services Private Limited is the Registrar and Market Maker is 105.84 Cr. for Tejas Cargo India IPO.

Tejas Cargo IPO Market Maker

New Berry Capitals Private Limited

Tejas Cargo IPO Registrar (RTA)

Bigshare Services Private Limited

Tejas Cargo IPO Lead Manager (BRLM)

New Berry Capitals Private Limited

Tejas Cargo India IPO anchor investors are the below investors. The number of anchor investors in this IPO is 8.

Anchor Investors in Tejas Cargo IPO

No. of Anchor Investors: 8

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Saint Capital Fund 944,800.00 ₹168.00 ₹158,726,400.00
Eminence Global Fund 253,600.00 ₹168.00 ₹42,604,800.00
Blue Aster Capital 120,000.00 ₹168.00 ₹20,160,000.00
M7 Global Fund 119,200.00 ₹168.00 ₹20,025,600.00
ARROW EMERGING OPPORTUNITIES 119,200.00 ₹168.00 ₹20,025,600.00
Zeal Global Opportunites 98,400.00 ₹168.00 ₹16,531,200.00
Moneywise Financial Services 60,000.00 ₹168.00 ₹10,080,000.00
Augmenta Value Trust 60,000.00 ₹168.00 ₹10,080,000.00

Tejas Cargo India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Tejas Cargo India IPO?

Tejas Cargo India IPO, based in New Delhi, operates in the   Logistics sector with a focus on Express road transportation services under Full Truck Load (FTL) to various sectors. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Tejas Cargo India IPO size is ₹ 105.84 Cr. Crores with fresh issue size of Rs 105.84 Cr. Crores and Offer for sale being Nil.

When is Tejas Cargo IPO allotment?

The IPO allotment date for Tejas Cargo India IPO is expected to be 19th February 2025, after the finalization of basis of allotment. Investors can check Tejas Cargo India IPO allotment status on the registrars website, Bigshare Services Private Limited. Tejas Cargo India IPO refund dates are 20th February 2025.

When is Tejas Cargo India IPO listing date?

Tejas Cargo India IPO is expected to be listed on 24th February 2025.

What is the price band for Tejas Cargo IPO?

The upper price band for the Tejas Cargo India IPO is set at ₹ 168.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Tejas Cargo India IPO Review?

For IPO analysis on Tejas Cargo India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Tejas Cargo India IPO?

To apply for the Tejas Cargo India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th February 2025. After submission, funds are blocked until the basis of allotment of Tejas Cargo India IPO is finalised.

Who is the merchant banker of Tejas Cargo IPO?

The merchant banker for Tejas Cargo India IPO is New Berry Capitals Private Limited . New Berry Capitals Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tejas Cargo India IPO RHP for further details.

Who is the Registrar of Tejas Cargo India IPO?

The registrar for Tejas Cargo India IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Tejas Cargo India IPO through their official website or helpline.

What is the Tejas Cargo India IPO subscription?

Tejas Cargo India IPO was subscribed 1.15 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

Peer Companies Of This Sector

FAQs

Tejas Cargo India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tejas Cargo India Financial Review Page

Tejas Cargo India IPO subscription was 1.15 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Tejas Cargo India IPO listed at a listing price of 175.00 against the offer price of 168.00.

The current market price of Tejas Cargo India is 160.00.

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