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Tejas Cargo India IPO Day 2: Tejas Cargo India shares get subscribed 0.73x times on day 2!

News by Aliceblue News Desk

17 Feb 2025

Tejas Cargo India IPO Day 2: Tejas Cargo India shares get subscribed 0.73x times on day 2!

Tejas Cargo India Limited IPO achieved a 0.73x subscription on Day 2, signaling strong investor interest and confidence. This response reflects the market’s trust in the company’s growth trajectory, expansion plans, and its ability to capitalize on future opportunities, further indicating a positive outlook for its potential success.

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Tejas Cargo India Ltd IPO Subscription Status

Tejas Cargo India Limited IPO witnessed a 0.29x subscription on Day 1, reflecting strong investor interest, confidence in the company’s expansion strategy, growth potential, and future market opportunities, highlighting optimism about its long-term business prospects.

How to check Tejas Cargo India Ltd IPO Subscription Status?

Steps to check Tejas Cargo India Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Tejas Cargo India Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Tejas Cargo India Ltd IPO Allotment Status

The allotment date for the Tejas Cargo India Ltd IPO is set for February 19, with shares priced from ₹160 to ₹168 per share and a face value of ₹10. The offering consists of lots of 800 shares, with bids accepted for these lots or their multiples.

Tejas Cargo India Ltd IPO Listing Date 

Tejas Cargo India Ltd IPO is expected to be listed on the NSE SME on February 24, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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