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IPO

IPO Synopsis
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 Money Payable On
Opens On Closes On Application Allotment
14-Feb-25 18-Feb-25 Rs168.00-0.00 Rs0.00-0.00
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 Rs168.00  
 
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