Tejas Cargo IPO open date is February 14, 2025, and the IPO will close on February 18, 2025. Tejas Cargo IPO is a Book Built Issue. The company aims to raise ₹105.84 crores via IPO, comprising a fresh issue of ₹105.84 crores. Tejas Cargo IPO price band is ₹160 to ₹168 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Tejas Cargo IPO is set to list on NSE on February 24, 2025. The allotment date is February 19, 2025. The company reported revenue of ₹422.59 crores in 2024. The company reported a profit of ₹13.22 crores in 2024. Considering the financials, the IPO could be a good long-term investment opportunity.
Tejas Cargo IPO Details
Field
Value
est listing
168 (0%)
gain percentage
4.17%
gmp
--
ipo size
₹105.84 Cr
ipo title
Tejas Cargo NSE SME
price
168
status
Listed
subscription
1.15x
Tejas Cargo IPO Dates
Field
Value
boa dt
19-Feb
close
18-Feb
listing
24-Feb
lot
800
open
14-Feb
Tejas Cargo IPO Financial Report
The company reported revenue of ₹422.59 crores in 2024. The company reported a profit of ₹13.22 crores in 2024.
Financial Year
2022 (Standalone)
2023 (Standalone)
2024 (Consolidated)
September 2024 (Consolidated)
Revenue
₹209.6
₹384.37
₹422.59
₹255.09
Expense
₹205.45
₹370.85
₹405.20
₹43.41
Profit After Tax
₹3.16
₹9.86
₹13.22
₹8.75
Total Assets
₹63.57
₹116.42
₹236.00
₹294.29
About Tejas Cargo IPO
Tejas Cargo India is a logistics company specializing in transporting goods across India as part of the supply chain process. The company is based in Faridabad, Haryana, and provides Full Truck Load (FTL) services for industries such as FMCG, steel, cement, e-commerce, chemicals, and more. They have direct control over fleet maintenance and operations. The company leverages advanced technologies such as GPS tracking, automated warehousing, supply chain management software, and global reach to serve various industries. Financially, in FY 2024, the company recorded revenue of ₹12,521.19 lakhs, EBITDA of ₹2,268.81 lakhs, and PAT of ₹445.70 lakhs.
