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IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. A company goes public when it first sells its shares after being listed on BSE or NSE.

Tejas Cargo India Ltd.
IPO Date: Feb 14 to Feb 18 2025
Objective
1. Purchase of additional trailers;
2. To meet working capital requirements;
3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company; and
4. General Corporate Purposes;
IPO Details
Face Value ₹ 10.00 Per Share
Issue Size ₹ 72.40 - 76.02 Cr
Price Band ₹ 160.00 - ₹ 168.00 Per Share
Market LOT 800 shares
Issue Type Book building
Business Description
We are a logistics company based in Faridabad, Haryana, providing long haul supply chain transportation services by road across India. We of

...

fer express supply chain transportation services by road under Full Truck Load (“FTL”), to a diverse range of companies who are inter alia engaged in the logistics, steel and cement, e-commerce, industrial & chemicals, FMCG and white goods sectors. As of June 30, 2024, we had carried out more than 80% of the trips through owned fleets and the remaining is undertaken through fleets hired from the open market on an ad-hoc basis. We offer technology enabled logistics services to our clients to optimize our operations and minimize contingencies. We completed over 98,913 trips during Fiscal 2024 and 24,552 trips for the six months period ended September 30, 2024 on a pan India basis. We derive more than 98% of our revenue by providing long haul supply chain transportation services. Our services include shipment planning, route optimisation, fleet selection, documentation, tracking, communication and coordination and performance evaluation. Read More
Address
Address 3rd Floor, Tower B, Vatika Mindscape 12/3, Mathura Road Sector-27 D, N H-2
City Faridabad
State Haryana
Pincode 121003
Phone 0129 4144812
Email compliance.officer@tcipl.in
Website www.tcipl.in
About IPO
Listed At NSE
Lead Manager New Berry Capitals Pvt Ltd.
Promoters
Chander Bindal
Manish Bindal
Promoter's Holding
Registrar

Bigshare Services Pvt Ltd

91-022-62638200
Investor@bigshareonline.com
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Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

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