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Tejas Cargo India Ltd
  • 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
Opens On Closes On
14-Feb-25 18-Feb-25
Money Payable On
Application Allotment
168.00 0.00
Minimum Application for shares in Nos : 800 Further Multiples of : 800
Cr Lead Managers to the Issue
Project Cost (.Cr) 98.23 New Berry Capitals Pvt Ltd
Project Financed through Current Offer (.Cr) 105.84  
Post Issue Equity Share Capital (.Cr) 23.89
Issue Price () 168.00
Projects
Purchase of additional trailers
To meet working capital requirements
Repayment/ or pre-payment in full or part of certain borrowings availed by the company
General corporate purposes
Promoted By
Chander Bindal
Manish Bindal
Harsh Hupta
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd