31 Mar 2024
Assets236.00
Total Income422.59
Profit After Tax13.22
NET Worth55.45
Reserves and Surplus55.20
At a glance
Updated 2026-08-24The shares listed at ₹175.00, a 4.17% move from the issue price. Tejas Cargo is a SME IPO with an issue size of ₹105.84 crore, proposed for listing on NSE SME. The offer opens on 14th Feb 2025 and closes on 18th Feb 2025. The issue structure includes a fresh issue of ₹100.54 crore. The current listing schedule points to 24th Feb 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹105.84 Cr
Fresh issue₹100.54 Cr
Face value₹10
Price band₹160.00–₹168.00
Allotment19th Feb 2025
Listing24th Feb 2025
Listing performance
Full performance ↗Issue price₹168.00
Listing price₹175.00
Current price—
Listing gain4.17%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹168.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens14th Feb 2025
Closes18th Feb 2025
Allotment19th Feb 2025
Refund20th Feb 2025
Demat20th Feb 2025
Listing24th Feb 2025
Subscription demand
Full bidding ↗Total1.15×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 800 | ₹134,400 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Purchase of additional trailers for the Company | ₹31.76 Cr |
| To meet working capital requirements | ₹30.00 Cr |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | ₹15.00 Cr |
| General Corporate Purposes | ₹21.47 Cr |
| Issue Expenses | ₹7.61 Cr |
| Total | ₹105.84 Cr |
Financials
Full financials ↗30 Sep 2024
Assets294.29
Total Income255.09
Profit After Tax8.75
NET Worth63.16
Reserves and Surplus46.60
Total Borrowing206.28
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 38.62% |
| ROCE | 28.30% |
| RoNW | 23.85% |
| PAT Margin | 3.13% |
| Price to Book Value | 0.07 |
Valuation & shareholding
Pre-IPO EPS7.52
Post-IPO EPS7.32
Pre-IPO P/E22.35
Post-IPO P/E22.95
Promoter holding pre100%
Promoter holding post73.63%
Market cap₹401.40 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Purchase of additional trailers for the Company | ₹31.76 Cr |
| To meet working capital requirements | ₹30.00 Cr |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | ₹15.00 Cr |
| General Corporate Purposes | ₹21.47 Cr |
| Issue Expenses | ₹7.61 Cr |
| Total | ₹105.84 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- New Berry Capitals Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.