Tejas Cargo India Limited
ListedSMEServices / Logistics · NSE
Tejas Cargo India Private Limited, incorporated on March 26, 2021, is a Faridabad-based logistics company specializing in long-haul Full Truck Load (FTL) transportation services for sectors such as logistics, steel, cement, e-commerce, FMCG, chemicals, and white goods. The company operates a tech-enabled supply chain model offering shipment planning, route optimization, tracking, documentation, and performance evaluation. As of October 31, 2024, it manages a fleet of 1,131 vehicles—including 218 trailers and 913 container trucks, with 292 fully debt-free—and uses IoT-based systems like geo-fencing, digital locking, GPS/SIM tracking, ADAS/DSM, and AI-enabled rear cameras, maintaining an average fleet age of 2.88 years. In Fiscal 2024, Tejas Cargo completed 98,913 trips and transported nearly 11.94 lakh billed tonnes with an improved on-time delivery rate of 78.13%. For the six months ended September 30, 2024, it executed 58,943 trips across India, with over 61% handled through its owned fleet. As of September 30, 2024, the company employs 284 personnel.
Price Band
₹160 – ₹168
Issue Size
₹106 Cr
Lot Size
800 shares
GMP
—
Est. Listing
₹168
at current GMP
Subscribed
1.23x
overall
Open
14 Feb 2025
Close
18 Feb 2025
Allotment
20 Feb 2025
Refund
21 Feb 2025
Demat Credit
22 Feb 2025
Listing
24 Feb 2025
Last updated 12 days ago
Official Registrar Verification
Tejas Cargo India Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
20 Feb 2025
Basis finalization
Refunds Initiate
21 Feb 2025
Mandate release
Demat Credit
22 Feb 2025
Shares in demat
Listing Debut
24 Feb 2025
Trading begins
How to Check Tejas Cargo India Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Tejas Cargo India Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Tejas Cargo India Limited Public Issue & Market Profile
Tejas Cargo India Limited is bringing an initial public offering (IPO) in the Services / Logistics sector with an aggregate issue size of ₹105.84 Crores. The shares are offered at a price band of ₹160 to ₹168 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,34,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-22, while un-allotted funds or UPI block mandates will be released on 2025-02-21.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.