Who is the CEO of Tejas Cargo India Ltd?
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The CEO of Tejas Cargo India Ltd is Chander Bindal.
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Tejas Cargo India Limited, incorporated in 2021, is a leading player in the logistics and transportation sector. The company specializes in providing Full Truck Load (FTL) services, offering express road transportation across industries such as logistics, steel, e-commerce, FMCG, and white goods. With a strong fleet and an expanding operational network, Tejas Cargo India plays a key role in ensuring efficient and timely goods movement across India.
The company operates 23 branches nationwide and manages a fleet of 1,131 vehicles, including 913 container trucks and 218 trailers. With its in-house maintenance system, the company ensures efficient fleet management and cost optimization. As of September 30, 2024, the company had completed 98,913 trips, demonstrating its growing market presence and operational scale.
For more details, visit the Tejas Cargo India IPO page.
Particulars | Information |
IPO Date | February 14, 2025 – February 18, 2025 |
Issue Size | ₹105.84 Crores |
Price Band | ₹160 to ₹168 per share |
Lot Size | 800 shares |
Issue Type | Book Built Issue IPO |
Listing Exchange | NSE SME |
Face Value | ₹10 per share |
Purpose of the IPO
Event | Date |
IPO Open Date | February 14, 2025 |
IPO Close Date | February 18, 2025 |
Tentative Allotment | February 19, 2025 |
Initiation of Refunds | February 20, 2025 |
Credit of Shares to Demat | February 20, 2025 |
Tentative Listing Date | February 24, 2025 |
Cut-off Time for UPI Mandate Confirmation | 5 PM on February 18, 2025 |
Price Band for the IPO
Minimum Lot Size and Application Details
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 800 | ₹1,34,400 |
Retail (Max) | 1 | 800 | ₹1,34,400 |
HNI (Min) | 2 | 1,600 | ₹2,68,800 |
Online Application Process
Key Financial Metrics
Recent Performance and Growth Prospects
Potential Risks of Investing in the IPO
Opportunities and Growth Potential
KPI | Values |
Market Cap | ₹401.40 Cr |
ROE | 38.62% |
ROCE | 28.30% |
RoNW | 23.85% |
PAT Margin | 3.13% |
Price to Book Value | 0.07 |
Role | Name |
Lead Manager | New Berry Capitals Private Limited |
Registrar | Bigshare Services Pvt Ltd |
Market Maker | New Berry Capitals Private Limited |
Registered Office:
3rd Floor, Tower B, Vatika Mindscape,
12/3, Mathura Road, Sector-27D, NH-2, Faridabad, 121003
Email: compliance.officer@tcipl.in
Phone: +91-129-4144812
The Tejas Cargo India IPO offers an opportunity to invest in a growing logistics company with an expanding fleet and a strong operational network. The company's focus on technology, fleet expansion, and diversified client base positions it well for future growth. However, potential investors should assess industry risks, competitive factors, and financial trends before making an investment decision.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for Tejas Cargo India IPO.
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The CEO of Tejas Cargo India Ltd is Chander Bindal.
The IPO will open for subscription on February 14, 2025, and close on February 18, 2025.
Tejas Cargo India Ltd specializes in Full Truck Load (FTL) logistics, serving diverse industries. With an expanding fleet and operational footprint, the company is well-positioned for sustainable long-term growth.
The total issue size of the IPO is ₹105.84 Crores, consisting of 63 lakh fresh shares.
The pre-apply feature allows investors to submit IPO applications before the official subscription window opens.
The tentative allotment date is February 19, 2025.
The registrar for this IPO is Bigshare Services Pvt Ltd.
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