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Objective of the Issue
The company intend to utilize the proceeds of the Issue to meet the following objects:
- 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.
IPO Details, Price, Market Lot
| Tejas Cargo SME IPO Details | |
| IPO Open Date | 14 February 2025 |
| IPO Close Date | 18 February 2025 |
| IPO Issue Size | 63,00,000 shares (Aggregating up to ₹105.84 Cr) |
| Fresh Issue | 63,00,000 shares (Aggregating up to ₹105.84 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | NSE SME |
| Tejas Cargo SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹160 to ₹168 Per Share |
| IPO Issue Type | Book Built Issue |
| Tejas Cargo SME IPO Time Table (Tentative) | |
| IPO Open Date | 14 February 2025 |
| IPO Close Date | 18 February 2025 |
| Basis of Allotment Date | 19 February 2025 |
| Initiation of Refunds | 20 February 2025 |
| Credit of Share to Demat Account | 20 February 2025 |
| IPO Listing Date | 24 February 2025 |
| Tejas Cargo’s Promotor & Promotor’s Holding | |
| Chander Bindal and Manish Bindal are the promoter of company. | |
| Pre Issue Promotor Holding | 100% |
| Post Issue Promotor Holding | |
| Tejas Cargo SME Contact & Address | |
|
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/ |
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| Tejas Cargo SME IPO Registrar, Lead Manager, Prospectus | |
| Tejas Cargo SME IPO Prospectus | |
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| Tejas Cargo SME IPO Registrar | |
| Bigshare Services Pvt Ltd | |
| Tejas Cargo SME IPO Lead Manager | |
| New Berry Capitals Private Limited | |
Tejas Cargo SME IPO Lot Size
| Number of Shares Per Lot = 800 Shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Minimum) | 1 | 800 | ₹1,34,400 |
| Retail (Maximum) | 1 | 800 | ₹1,34,400 |
| HNI (Minimum) | 2 | 1,600 | ₹2,68,800 |
| Number of Shares Per Lot = 800 Shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹1,34,400 |
| Retail (Max) | 1 | 800 | ₹1,34,400 |
| HNI (Mini) | 2 | 1,600 | ₹2,68,800 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 30 September 2024 | 29,429.47 | 25,509.17 | 874.50 | 6419.19 | 20,627.74 |
| 31 March 2024 | 23,600.07 | 42,259.06 | 1,322.22 | 5544.70 | 16,136.41 |
| Period Ended | 30 Sept. 2024 | 31 March 2024 | ||
| Assets | 29,429.47 | 23,600.07 | ||
| Revenue | 25,509.17 | 42,259.06 | ||
| P A T | 874.50 | 1,322.22 | ||
| Net Worth | 6419.19 | 5544.70 | ||
| Borrowings | 20,627.74 | 16,136.41 | ||
| Amount in ₹ Lakh | ||||