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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Tejas Cargo India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹168
Per ShareLot Size
800 Shares
Minimum Investment
₹1,34,400
Issue Size
₹105.84 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.63%
Issue Type
Book Building - SME
ISIN
INE17WC01013
We are a logistics company based in Faridabad, Haryana, providing long haul supply chain transportation services by road across India. We offer express supply chain transportation services by road under full truck load, 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. We offer technology enabled logistics services to our clients to optimize our operations and minimize contingencies. We derive more than 98% of our revenue by providing long haul supply chain transportation services. Our services include shipment planning, route optimisation, fleet selection, documentation, tracking, communication and coordination and performance evaluation.
Third-Party Logistics (3PL) market involves outsourcing logistics and supply chain management tasks-such as transportation, warehousing, inventory management, and order fulfilment to specialized external firms. This approach helps businesses focus on their core operations, improving efficiency, reducing costs, and enhancing customer service. 3PL providers use their expertise, technology, and resources to optimize logistics, ensure smooth coordination among manufacturers, suppliers, and retailers, and act as intermediaries to facilitate product flow, ultimately boosting overall efficiency and customer satisfaction. The Indian 3PL market is expanding due to the rise in e-commerce and changing consumer expectations for faster, flexible delivery. 3PL providers benefit from economies of scale, which reduce costs in transportation, warehousing, and labor.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 63,00,000^ equity shares of face value of Rs. 10 each (the "Equity Shares") of Tejas Cargo India Limited ("The Company" or "The Issuer") at an issue price of Rs. 168 per equity share (including share premium of Rs. 158 per equity share) for cash, aggregating to Rs. 105.84^ crores ("The Issue") out of which 63,200^ equity shares of face value of Rs. 10 each, at an issue price of Rs. 168 per equity share for cash, aggregating to Rs. 1.06^ crores were reserved for subscription by eligible employees of the company (the "Employees Reservation Portion") and 3,15,200^ equity shares of face value of Rs. 10 each, at an issue price of Rs. 168 per equity share for cash, aggregating to Rs. 5.30^ crores were reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less employee reservation portion and market maker reservation portion i.e. issue of 59,21,600^ equity shares of face value of Rs. 10 each, at an issue price of Rs. 168 per equity share for cash, aggregating to Rs. 99.48^ crores is hereinafter referred to as the "Net Issue". The issue and net issue constitute 26.37% and 25.18% respectively of the post-issue paid-up equity share capital of the company. The offer price is 16.8 times the face value of the equity shares. ^Subject to finalization of basis of allotment
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was incorporated as a private limited company as `Tejas Cargo India Private Limited', under the Companies Act, 2013, pursuant to a certificate of incorporation dated March 26, 2021 issued by the Registrar of Companies, Central Registration Centre. Further, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in its meeting held on June 21, 2024, and by the Shareholders in an extraordinary general meeting held on June 22, 2024 and consequently the name of our Company was changed to `Tejas Cargo India Limited' and a fresh certificate of incorporation dated September 05, 2024 was issued by the Registrar of Companies, Central Processing Centre.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.