Tejas Cargo India Limited IPO GMP

Tejas Cargo India is a logistics company based in Faridabad, Haryana, providing long haul supply chain transportation services by road across India. They offer express supply chain transportation services by road under Full Truck Load (“FTL”), to a diverse range of companies who are inter alia engaged in the logistics, steel and cement, e-commerce, industrial & chemicals, FMCG and white goods sectors. Their services include shipment planning, route optimisation, fleet selection, documentation, tracking, communication and coordination and performance evaluation. 

Tejas Cargo India, an Book Built Issue amounting to ₹ 105.84 Crores, consisting entirely an Fresh Issue of 63.00 Lakh Shares. The subscription period for the Tejas Cargo India IPO opens on February 14, 2025, and closes on February 18, 2025. The allotment is expected to be finalized on or about Thursday, February 20, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, February 24, 2025.

The Share price band of Tejas Cargo India IPO is set at ₹ 160 to ₹ 168 per equity share. The Market Capitalisation of the Tejas Cargo India Limited at IPO price of ₹ 168 per equity share will be ₹ 401.39 Crores. The lot size of the IPO is 800 shares. Retail investors are required to invest a minimum of ₹ 1,34,400, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,600 shares), amounting to ₹ 2,68,800.

New Berry Capitals Private Limited is the book running lead manager of the Tejas Cargo India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. New Berry Capitals Private Limited is the Market Maker for Tejas Cargo India IPO.

Tejas Cargo India Limited IPO GMP Today
The Grey Market Premium of Tejas Cargo India Limited IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Tejas Cargo India Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 18 February, 2025, the Tejas Cargo India Limited IPO live subscription status shows that the IPO subscribed 1.14 times on its Final day of subscription period. Check the Tejas Cargo India IPO Live Subscription Status Today at NSE.

Tejas Cargo India IPO Anchor Investors Report
Tejas Cargo India has raised ₹ 29.82 Crores from Anchor Investors at a price of ₹ 168 per shares in consultation of the Book Running Lead Managers. The company allocated 17,75,200 equity shares to the Anchor Investors. Check Full List of Tejas Cargo India Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Tejas Cargo India Limited Day Wise IPO GMP Trend

Tejas Cargo India Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Tejas Cargo India IPO allotment date is 20 February, 2025, Thursday. Tejas Cargo India IPO Allotment will be out on 20 February, 2025 and will be live on Registrar Website from the allotment date. Check Tejas Cargo India IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Tejas Cargo India Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Tejas Cargo India Limited IPO
Tejas Cargo India proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 3,176.29 Lakhs is required for Purchase of additional trailers for the Company;
2. ₹ 3,000.00 Lakhs is required to meet working capital requirements;
3. ₹ 1,500.00 Lakhs is required for Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company; and
4. General Corporate Purposes

Refer to Tejas Cargo India Limited RHP for more details about the Company.