Support

Tejas Cargo India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Tejas Cargo India Ltd IPO

Registered Office: 3rd Flr Tower B Vatika Mindsca,12/3 Mathura Rd Sector 27D NH2 , Faridabad - 121003 , Haryana , India.
Phone : +91-129-4144812   Fax:
Email :  compliance.officer@tcipl.in  
Website :  www.tcipl.in
Initial public offer of 63,00,000^ equity shares of face value of (Rs)10 each (the "Equity Shares") of Tejas Cargo India Limited ("The Company" or "The Issuer") at an issue price of (Rs)168 per equity share (including share premium of (Rs)158 per equity share) for cash, aggregating to (Rs)105.84^ crores ("The Issue") out of which 63,200^ equity shares of face value of (Rs)10 each, at an issue price of (Rs)168 per equity share for cash, aggregating to (Rs)1.06^ crores were reserved for subscription by eligible employees of the company (the "Employees Reservation Portion") and 3,15,200^ equity shares of face value of (Rs)10 each, at an issue price of (Rs)168 per equity share for cash, aggregating to (Rs)5.30^ crores were reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less employee reservation portion and market maker reservation portion i.e. issue of 59,21,600^ equity shares of face value of (Rs)10 each, at an issue price of (Rs)168 per equity share for cash, aggregating to (Rs)99.48^ crores is hereinafter referred to as the "Net Issue". The issue and net issue constitute 26.37% and 25.18% respectively of the post-issue paid-up equity share capital of the company. The offer price is 16.8 times the face value of the equity shares. ^Subject to finalization of basis of allotment

Issue Money Payable On
Opens On Closes On Application Allotment
14-Feb-25 18-Feb-25 (Rs)168.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 98.23
New Berry Capitals Pvt Ltd
Project Financed through Current Offer 105.84  
Post Issue Equity Share Capital 23.89  
Issue Price (Rs)168.00  
 
Projects
Purchase of additional trailersRepayment/ or pre-payment in full or part of certain borrowings availed by the company
To meet working capital requirementsGeneral corporate purposes
Promoted By
Chander Bindal  
Manish Bindal  
Harsh Hupta  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd