Tejas Cargo Limited IPO

Tejas Cargo India Ltd

₹1,28,000 /800 sharesMinimum Investment

Tejas Cargo Limited IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹168.00₹175.00₹7.00 (4.17%)

Tejas Cargo Limited IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
14 Feb ‘25 - 18 Feb ‘25₹1,28,000800₹160 - ₹168
Issue SizeIPO Doc
105.84Cr
RHP PDF

Subscription rate

As of 18 Feb'25, 05:00 PM
Qualified Institutional Buyers1.33x
Non-Institutional Investor1.43x
Retail Individual Investor1.08x
Employees0.73x
Total1.14x

About Tejas Cargo Limited

Tejas Cargo is a logistics company that provides long-haul supply chain transportation services by road across India. The company offers Full Truck Load (FTL) transportation, catering to industries such as logistics, steel and cement, e-commerce, industrial chemicals, FMCG, and white goods. The company’s services include shipment planning, route optimisation, fleet selection, documentation, tracking, communication, and performance evaluation. Tejas Cargo operates through 23 branches across India, with nine branches providing maintenance and repair services.;
Founded in
2021
Managing director
Mr. Chander Bindal
Parent organisation
Tejas Cargo India Ltd

Strengths & Financials of Tejas Cargo Limited

Strengths
Risks
Tejas Cargo owns a fleet of 1,131 vehicles, including 218 trailers and 913 container trucks.
The company claims to integrate IoT-based solutions such as Geo-Fencing, Centralised Digital Locking, GPS tracking, and AI-powered rear cameras in its fleet. It also uses an ERP system for fleet allocation, route optimisation, and real-time monitoring.
Tejas Cargo has a maintenance facility in Sidhrawali, Haryana, with 12 repair bays, advanced diagnostic tools, and manufacturer representatives. It also has maintenance centres in cities like Bhiwandi, Kolkata, and Jaipur for minor repairs.
The company holds a Petroleum and Explosives Safety Organisation (PESO) license for storing 40 kilolitres of petroleum and operates a petrol dispensing station in Rewari, Haryana.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 209.29 crore in FY22 to Rs 381.78 crore in FY23 to Rs 419.33 crore in FY24, while PAT increased from Rs 3.15 crore in FY22 to Rs 9.86 crore in FY23 to Rs 13.22 crore in FY24.

Tejas Cargo Limited Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Tejas Cargo Limited IPO

Apply asPrice bandApply upto
Regular160 - 168₹2 Lakh
Employee160 - 168₹2 Lakh
High Networth Individual160 - 168₹2 - 5 Lakh
For Tejas Cargo Limited IPO, eligible investors can apply as Regular & Employee.
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