Tejas Cargo India Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 13-02-2025 | 17-02-2025 | ₹10 per share | 0 | 800 Shares | NSE SME | 63,00,000 shares (aggregating up to ₹105.84 Cr) | 2025-02-18 18:30:00 | 2025-02-19 18:30:00 | 2025-02-19 18:30:00 | 20-02-2025 |
About The Company
Tejas Cargo IPO is a book built issue of Rs 105.84 crores. The issue is entirely a fresh issue of 63.00 lakh shares.
Tejas Cargo IPO opens for subscription on February 14, 2025 and closes on February 18, 2025. The allotment for the Tejas Cargo IPO is expected to be finalized on Wednesday, February 19, 2025. Tejas Cargo IPO will be list on NSE SME with a tentative listing date fixed as Friday, February 21, 2025.
Tejas Cargo IPO price band is set at ₹160 to ₹168 per share. The minimum lot size for an application is 800. The minimum amount of investment required by retail investors is ₹1,28,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,34,400.The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹2,68,800.
New Berry Capitals Private Limited is the book-running lead manager of the Tejas Cargo IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Tejas Cargo IPO is New Berry Capitals Private Limited.
Refer to Tejas Cargo IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2024 | 236 | 423 | 13 | 55.45 | 55.2 | 0 |
| 29-09-2024 | 294 | 255 | 9 | 63.16 | 46.6 | 206.28 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 1.33 |
| Non-Institutional Buyers | 1.07 |
| Retail Investors | 1.09 |
| Total | 1.15 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | 134400 |
| Retail (Max) | 2 | 800 | 134400 |
| HNI (Min) | 2 | 1600 | 268800 |
IPO Listing Details
| Listing Date | 20-02-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price |
Promoter holdings
The company promoters are Chander Bindal and Manish Bindal.
Contact Information of the Company
Tejas Cargo India Limited
3 rd Floor, Tower B
Vatika Mindscape 12/3 , Mathura Road, Sector-27D,
NH-2, Faridabad,, 121003
Phone: +91-129-4144812
Email: compliance.officer@tcipl.in
Website: https://www.tcipl.in/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Manager
New Berry Capitals Private Limited (Past IPO Performance)