Incorporated in March 2021, Tejas Cargo India Limited is a logistics company located in Faridabad, Haryana, that provides supply chain transportation services by road throughout India. The company provides express road transportation services under Full Truck Load (FTL) to various sectors, including logistics, steel, e-commerce, FMCG, and white goods. As of October 30, 2024, the fleet includes 913 container trucks and 218 trailers, averaging 3.4 and 0.7 years old, respectively.
As of October 31, 2024, the company has a fleet of 1,131 vehicles: 218 trailers and 913 container trucks, measuring 32 to 40 feet and with a capacity of up to 42 tonnes.
As of September 30, 2024, the company has completed over and 58,943 trips and 98,913 trips during Fiscal 2024.
The company operates nationwide through twenty-three branches for placements, loading, and unloading.
The company has a workforce of 284 employees as of September 30, 2024.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | ||||||||||||||||||
| Assets | 294.29 | 236 | ||||||||||||||||||
| Revenue | 255.09 | 422.59 | ||||||||||||||||||
| Profit After Tax | 8.75 | 13.22 | ||||||||||||||||||
| Net Worth | 63.16 | 55.45 | ||||||||||||||||||
| Reserves and Surplus | 46.6 | 55.2 | ||||||||||||||||||
| Total Borrowing | 206.28 | |||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||
The market capitalization of Tejas Cargo IPO is Rs 401.40 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 38.62% |
| ROCE | 28.30% |
| RoNW | 23.85% |
| PAT Margin | 3.13 |
| Price to Book Value | 0.07 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.52 | 7.32 |
| P/E (x) | 22.35 | 22.95 |
The company intend to utilize the proceeds of the Issue to meet the following objects:
| IPO Date | February 14, 2025 to February 18, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹160 to ₹168 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 63,00,000 shares (aggregating up to ₹105.84 Cr) |
| Fresh Issue | 63,00,000 shares (aggregating up to ₹105.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,75,92,840 shares |
| Share Holding Post Issue | 2,38,92,840 shares |
| Market Maker Portion | 3,15,200 shares |
The company promoters are Chander Bindal and Manish Bindal.
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
Looking to invest ethically or according to Islamic principles? Expert Ethical brokers can help. Whether you need an ethical investment broker, a halal stock broker in India, or a Shariah-compliant broker, there are specialists available. Discover how to align your investments with your values and start your journey towards ethical wealth creation today through Ethical IAP or Ethical PMS.
Visit Prosperia.in to learn more about Ethical Investment Opportunities and start your journey towards ethical wealth creation today.
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on March 27, 2025 Aten Papers & Foam Limited IPO Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product
Last Updated on March 27, 2025 Infonative Solutions Limited IPO Incorporated in 2014, Infonative Solutions Ltd specializes in custom learning development solutions for corporate and educational sectors. The company focuses
Last Updated on March 27, 2025 Spinaroo Commercial Limited IPO Incorporated in August 17, 2012, Spinaroo Commercial Limited is engaged in the manufacturing of aluminum foil containers, aluminum home foil,
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.
