Tejas Cargo India Limited

Company Profile
Company Name Tejas Cargo India Limited
Open Date 14-02-2025
Close Date 18-02-2025
Exchange NSE SME
Lot Size 800 Shares
Issue Price ₹160 to ₹168 per share
Issue Size 63,00,000 shares
Application Amount ₹1,34,400
Recommendation Avoid
Tejas Cargo India Limited was originally incorporated on Mar 26, 2021. The registered office is located at Faridabad, Haryana. The company offers supply chain transportation services by road under Full Truck Load (“FTL”). The services include shipment planning, route optimisation, fleet selection, documentation, tracking, communication and coordination and performance evaluation. The company has 284 permanent employees as on Sep 30, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Sep-24
Revenue 20,929.24 38,178.52 41,932.61 25,260.73
EBITDA 799.99 3,023.38 6,576.70 4,307.77
Net Profit 315.54 985.85 1,322.21 874.50
RoCE 22.74% 25.48% 18.32% 13.28%*
ROE 99.68% 75.70% 23.85% 9.78%*
P/E 0.05 0.02 0.08 22.95*

Tentative Timeline

Opening Date 14-02-2025
Closing Date 18-02-2025
Basis of Allotment 19-02-2025
Initiation of Refunds 20-02-2025
Credit of Shares to Demat 20-02-2025
Listing Date 24-02-2025

Objects of the Issue

Purchase of additional trailers for the Company
To meet working capital requirements
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
General Corporate Purposes

Contact Information

Registered Office 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/

Registrar Details

Name Bigshare Services Private Limited
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/IPO_Status.html

IPO Reservation

Anchor Investor Shares Offered 17,75,200 (28.18%)
Market Maker Shares Offered 3,15,200 (5%)
QIB Shares Offered 11,84,800 (18.81%)
NII (HNI) Shares Offered 8,88,800 (14.11%)
Retail Shares Offered 20,72,800 (32.9%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 100.00%
Shareholding Post Issue (Promoters) 73.63%

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