Tejas Cargo India Limited
Promoters MANISH BINDAL · CHANDER BINDAL
Against an issue price of ₹168. Split- and bonus-adjusted official closes — a past move, never a forecast.
Tejas Cargo India Limited raised ₹100 crore through a SME-platform initial public offer.
The filing places it in Transport Services and names two promoters: MANISH BINDAL and CHANDER BINDAL.
The book was open from 14 February 2025 to 18 February 2025.
The issue was priced at ₹168 a share, from a band of ₹160 to ₹168.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
The shares listed on 24 February 2025.
The last official close on file is ₹386 (4 November 2026), which is 129.8% above the issue price.
It now trades as TEJASCARGO, and its filed financials are on its company page.
Shares sold in the issue at ₹168 last closed at ₹386.
See TEJASCARGO’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
- How it was priced
- Book-built — the price was discovered inside a band from the bids received
- Listing sought at
- NSE
- Registered office
- Northern India
- Company website
- https://www.tcipl.in/
- Registrar
- Bigshare Services Pvt Limited
- Lead manager
- Other LM / BRLM
- Bidding opens14 Feb 2025
- Bidding closes18 Feb 2025
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing24 Feb 2025
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We have not extracted an anchor allotment list for this issue.
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment24 Aug 2025already free
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment24 Aug 2026already free
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| AVG Logistics Limited | 11.6 | — | 12.7% | 26.66 | ₹47,989 cr |
| Ritco Logistics Limited | 27.3 | — | 17.8% | 13.22 | ₹93,330 cr |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Bigshare Services Private Limited 2021 – 2026 | 219 22 measurable | +10.9% | 8 of 23 | 7 of 13 | 4 of 7 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive20 Feb 2025
- Red herring prospectus (RHP)· ZIP · exchange archive8 Feb 2025
- Draft red herring prospectus (DRHP)· ZIP · exchange archive6 Nov 2024
- In-principle approval (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.