Recently Viewed
Clear AllBidding Date
14-Feb-2025 to
18-Feb-2025
Issue Size
₹105.84 Cr
Price Band
₹160 to ₹168
Allotment date
20-Feb-2025
Listing date
24-Feb-2025
Lot size
800
No. of shares
63,00,000
Fresh issue/OFS
₹105.84 Cr /--
Tejas Cargo India Ltd is a logistics service provider based in Faridabad, Haryana. The company primarily offers Full Truck Load (FTL) express transportation services, catering to diverse industries such as logistics, steel and cement, e-commerce, industrial & chemicals, FMCG, and white goods. It operates a mixed fleet model, with 61% of trips carried out using owned vehicles and the rest through ad-hoc market hiring. The company primarily generates revenue from long-haul supply chain transportation, contributing over 98% of its total earnings. The company’s operational model includes a pan-India presence with 23 branches and a dedicated maintenance facility, ensuring efficient fleet utilization and cost management.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
1.1x
The issue size of Tejas Cargo India is ₹105.84 Cr.
Tejas Cargo India falls into Logistics industry.
The Tejas Cargo India IPO will be listed on BSE.
The open and close dates for the Tejas Cargo India are 14-Feb-2025 & 18-Feb-2025.
The price band for the Tejas Cargo India ipo is ₹160 to ₹168
The listing date of Tejas Cargo India IPO is 24-Feb-2025.
The purpose of this IPO is to raise fresh capital.
Tejas Cargo India total subscription ratio is 1.1X.
Key financial of the Tejas Cargo India are:
| Tejas Cargo India | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 419.33 | 381.79 | 209.29 |
| EBIT (₹ Cr) | 24.86 | 16.08 | 4.78 |
| Proft after Tax (₹ Cr) | 13.22 | 9.86 | 3.16 |
| Debt (₹ Cr) | 161.36 | 83.39 | 31.11 |
| Net Worth (₹ Cr) | 55.45 | 13.02 | 3.16 |
| RoE (%) | 23.85 | 75.73 | 100 |