Markets / IPO / Tejas Cargo India

Tejas Cargo India IPO

Updated 00:35

SME IPO on NSE Emerge · Logistics Solution Provider

Status
Listed
Price band
₹160–168
Lot size
800 shares · ₹1,34,400
Subscribed
–

How it listed

Issue price
₹168
Listing price (open)
₹175.00 +4.17%
First-day close
₹168.00 0.00%
Price now
₹386.00 +129.76%
Listing day24 Feb 2025
Open / high / low / close₹175.00 / ₹175.00 / ₹168.00 / ₹168.00
Shares traded on NSE14,89,600
Market value at the listing-day close₹401 cr

Closing prices since listing: 21 Sept ₹420.00, 24 Sept ₹419.00, 30 Sept ₹404.00, 7 Oct ₹410.00, 14 Oct ₹420.00, 15 Oct ₹410.00, 21 Oct ₹396.00, 28 Oct ₹396.00, 2 Nov ₹396.00, 4 Nov ₹386.00.

Tejas Cargo India share price, live chart and technicals →

Key dates

Bidding opens14 Feb 2025
Bidding closes18 Feb 2025
Allotment19 Feb 2025
Refunds and shares in demat20 Feb 2025
Listing24 Feb 2025

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)1800₹1,34,400
HNI (minimum)21,600₹2,68,800

At ₹168 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)15,78,400
HNI / NII12,68,000
Retail22,68,800
Employees46,400
Total51,61,600

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 18 Feb 2025 19:00.

Applications from individual investors

2,836 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹16837.00 lakh shares71.7%
Cut-off final price, whatever it is; mostly retail14.40 lakh shares27.9%
Lower prices ₹160–1670.22 lakh shares0.4%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date13 Feb 2025
Anchor shares17,75,200
Raised from anchors₹29.82 cr
Lock-in ends for the first 50% (30 days)20 Mar 2025
Lock-in ends for the remaining 50% (90 days)19 May 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹401 cr₹922 cr
P/E (last 12 months' profit)19.244.1
Revenue, last 12 months₹629 cr
Profit, last 12 months₹21 cr
Return on equity12.1%
Debt to equity0.92

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Logistics Solution Provider

CompanyListedSubscribedOn listingSince IPO
Pooja Logistics SME30 Sept–+2.61%+7.26%
Jayesh Logistics SME3 Nov–-1.64%+2.46%
Blue Water Logistics SME3 Jun–+4.44%+279.67%
Iware Supplychain Services SME6 May–-10.47%+317.21%
Rapid Fleet Management Services SME28 Mar–+1.56%+6.77%

IPO details

Price band₹160–168
Final issue price₹168
Lot size800 shares
Minimum investment₹1,34,400 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryLogistics Solution Provider
Issue size₹105.84 crore (about 63.00 lakh shares) · Fresh issue only
ISININE17WC01013
RegistrarBigshare Services Private Limited
Helpline: +91 22 6263 8200, ipo@bigshareonline.com
Lead managersNew Berry Capitals Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 19 Feb 2025. Check it on the registrar's page (Bigshare Services Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Tejas Cargo India IPO price band and lot size?

The price band is ₹160–168 per share, and one lot is 800 shares (₹1,34,400 at the upper price).

When is the Tejas Cargo India IPO allotment date?

Allotment was finalised on 19 Feb 2025, the next working day after bidding closed on 18 Feb 2025.

How many times was the Tejas Cargo India IPO subscribed?

Subscription figures are not available yet.

What is the Tejas Cargo India IPO listing date?

It listed on 24 Feb 2025 on NSE Emerge (SME).

When does the Tejas Cargo India anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 20 Mar 2025 and the 90-day lock-in on the rest ends on 19 May 2025; they can sell from the next trading day.

What was the Tejas Cargo India listing gain?

It opened at ₹175.00 against an issue price of ₹168, a gain of 4.17%. It is now up 129.76% from the issue price.