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Open
14 Feb 2025
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Close
18 Feb 2025
3
Allotment
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Listing
Mon, Feb 24, 2025
Price Band
₹160 to ₹168
Issue Size
63,00,000 shares (agg. up to ₹106 Cr)
Lot Size
800 Shares
Listing Date
Mon, Feb 24, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
24-02-2025₹0Est. ₹168+0%
23-02-2025₹0Est. ₹168+0%
22-02-2025₹0Est. ₹168+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.17x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 294.29 | 236.00 |
| Total Income | 255.09 | 422.59 |
| Profit After Tax | 8.75 | 13.22 |
| NET Worth | 63.16 | 55.45 |
| Reserves and Surplus | 46.60 | 55.20 |
| Total Borrowing | 206.28 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| GB Logistics Commerce Ltd. | SME | ₹25.07 Cr | ₹102 | 12.03 | ₹81.75 | -19.85% | ₹23.81 |
| Pranik Logistics Ltd. | SME | ₹22.47 Cr | ₹77 | 15.33 | ₹82.95 | +7.73% | ₹44.40 |
| Deccan Transcon Leasing Ltd. | SME | ₹65.06 Cr | ₹108 | 15.72 | ₹110.25 | +2.08% | ₹20.50 |
| Rapid Multimodal Logistics Ltd. | SME | ₹8.49 Cr | ₹84 | 13.12 | ₹108.10 | +28.69% | ₹136.00 |
| Brace Port Logistics Ltd. | SME | ₹24.41 Cr | ₹80 | 13.49 | ₹159.60 | +99.50% | ₹55.95 |
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,637.20 |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹60.50 |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹42.60 |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹14.55 |
| Western Carriers (India) Ltd. | Mainboard | ₹492.88 Cr | ₹172 | 16.85 | ₹159.44 | -7.30% | ₹82.48 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of additional trailers for the Company | 31.76 |
| 2 | To meet working capital requirements | 30.00 |
| 3 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 15.00 |
| 4 | General Corporate Purposes | 21.47 |
| 5 | Issue Expenses | 7.61 |
| Total | 105.84 |
About Tejas Cargo IPO
Updated on Aug 5, 2026
Contact Details
Tejas Cargo India Ltd. Address3 rd Floor, Tower BVatika Mindscape 12/3, Mathura Road, Sector-27DNH-2Faridabad, Haryana, 121003+91-129-4144812compliance.officer@tcipl.inVisit Website