
Services / 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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹168
Band: ₹160 – ₹168
Estimated Listing Price
₹168
Upper price + GMP
Lot Size
800 shares
Min investment ₹1,34,400
Estimated Profit / Lot
₹0
800 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹168 |
| 30 Oct 2026 | — | 0.0% | ₹168 |
| 29 Oct 2026 | — | 0.0% | ₹168 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Tejas Cargo India Limited IPO is ₹0, which indicates an expected listing price of ₹168.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.