Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 58 (-6.5%)Axles India₹ 525 (6.1%)Bira ₹ 108 (0%)CIAL ₹ 438 (0%)CSK ₹ 266 (3.1%)ESDS Software₹ 448 (0.7%)Garuda Aerospace₹ 485 (0%)GFCL EV₹ 42 (0%)Hero Fincorp₹ 1075 (2.4%)HPX India₹ 28 (7.7%)Incred Holdings₹ 150 (1.4%)India Carbon₹ 895 (0%)Indian Potash₹ 2850 (3.6%)Inox Clean₹ 725 (-8.8%)Insolare Energy₹ 185 (0%)Lava ₹ 52 (8.3%)Matrix Gas₹ 16 (0%)Motilal Oswal₹ 12.95 (12.6%)MSEI ₹ 6.25 (-3.8%)NCDEX ₹ 388 (-4.2%)NeRL ₹ 58 (0%)NSE ₹ 1975 (2.6%)Onix Renewable₹ 66 (13.8%)Orbis Financial₹ 408 (0.7%)OYO ₹ 24 (0%)Pharmeasy ₹ 6.25 (-3.8%)Polymatech Electronics₹ 62 (-3.1%)RRP S4E₹ 168 (0%)SBI Mutual₹ 775 (0%)Ticker Ltd₹ 32 (0%)Zepto ₹ 49 (-9.3%)

15 Days Price Change

Tejas Cargo India IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2021 Industry: Logistics Listed Page

Profile
Issue Size --
Profile
Price Range 160  to  168 per share
Profile
Min Investment ₹168
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Tejas Cargo India Limited, established in March 2021, is a logistics company based in Faridabad, Haryana, offering road transportation services across India. The company provides express transportation under Full Truck Load (FTL) for sectors such as logistics, steel, e-commerce, FMCG, and white goods. As of October 31, 2024, Tejas Cargo operates a fleet of 1,131 vehicles, including 913 container trucks and 218 trailers, with sizes ranging from 32 to 40 feet and capacities of up to 42 tonnes. The fleet is relatively new, with an average age of 3.4 years for trucks and 0.7 years for trailers. Its key strengths include in-house maintenance, direct procurement of vehicles, and the use of modern technology to monitor fleet operations. The company follows a heavy asset ownership model, serves a diverse range of clients, and is backed by a skilled management team with a strong track record of growth and financial stability. Read More

Basic Info

Face Value 10 per share

Price 160  to  168 per share

P/E (x) 16

Sales( Cr.) 501

PAT( Cr.) 19

EPS 10.5

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Chander Bindal Manish Bindal.

Pre Issue Share Holding 100%

Post Issue Share Holding --%

Listing Details:

Listing Price: 175

Listing Gain: 4%

Current Price: 353

Gain On Issue: 353 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Feb 14, 2025
Closing Date Feb 18, 2025
Allotment Feb 19, 2025
Refund Feb 20, 2025
Delivery of Shares Feb 20, 2025
Listing Date Feb 21, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 800 134,400
Retail (Max) 1 800 134,400
S-HNI (Min) 2 1600 268,800
S-HNI (Max) 7 5600 940,800
B-HNI (Min) 8 6400 1,075,200

Objective of the Issue

1. Purchase of additional trailers for the Company. 2. To meet working capital requirements. 3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company. 4. General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 3150000 4189500 1.3x
NII 945000 1011150 1.1x
Retail 2205000 2403450 1.1x
EMP 0 0 0x
Total 6300000 7245000 1.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Tejas Cargo India Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 419 501
Other Income 3 7
Total Income 423 508
Total Expenditure 354 404
Operating Profit 69 104
Interest 11 17
Depreciation 41 61
Exceptional Income / Expenses 0 0
Profit Before Tax 17 26
Provision for Tax 4 7
Profit After Tax 13 19
Adjustments 0 0
Profit After Adjustments 13 19
Adjusted Earnings Per Share 7.5 8

Tejas Cargo India Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 55 173
Minority's Interest 0 0
Borrowings 80 87
Other Non-Current Liabilities 0 -2
Total Current Liabilities 100 100
Total Liabilities 236 358
Fixed Assets 124 153
Other Non-Current Assets 20 39
Total Current Assets 93 167
Total Assets 236 358

Tejas Cargo India Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 8
Cash Flow from Operating Activities 48 63
Cash Flow from Investing Activities -131 -110
Cash Flow from Financing Activities 87 80
Net Cash Inflow / Outflow 5 34
Closing Cash & Cash Equivalent 8 42

Tejas Cargo India Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 7.52 8.01
CEPS(Rs) 30.77 33.54
DPS(Rs) 0 0
Book NAV/Share(Rs) 31.52 72.46
Core EBITDA Margin(%) 15.68 19.33
EBIT Margin(%) 6.71 8.54
Pre Tax Margin(%) 4.15 5.13
PAT Margin (%) 3.15 3.82
Cash Profit Margin (%) 12.91 15.99
ROA(%) 5.6 6.44
ROE(%) 23.85 16.74
ROCE(%) 12.97 15.6
Receivable days 60.77 60.38
Inventory Days 0.83 1.24
Payable days 0 0
PER(x) 0 20.6
Price/Book(x) 0 2.28
Dividend Yield(%) 0 0
EV/Net Sales(x) 0.37 1.02
EV/Core EBITDA(x) 2.22 4.93
Net Sales Growth(%) 0 19.55
EBIT Growth(%) 0 52.23
PAT Growth(%) 0 44.73
EPS Growth(%) 0 6.55
Debt/Equity(x) 2.91 0.92
Current Ratio(x) 0.92 1.66
Quick Ratio(x) 0.92 1.64
Interest Cover(x) 2.62 2.51
Total Debt/Mcap(x) 0 0.4

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 20% 0% 0% 0%
Operating Profit CAGR 51% 0% 0% 0%
PAT CAGR 46% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 110% NA% NA% NA%
ROE Average 17% 20% 20% 20%
ROCE Average 16% 14% 14% 14%

Company Contact Information

Tejas Cargo India Ltd.

3rd Floor, Tower B, Vatika Mindscape 12/3, Mathura Road Sector-27 D, N H-2

IPO Lead Manager(s)

Tejas Cargo India Ltd.

New Berry Capitals Pvt Ltd.

Registrar Info

Tejas Cargo India Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Please Login!

Click to Login
OR
Get free Account

Error!