Tejas Cargo IPO: A Comprehensive Guide for Investors

Tejas Cargo is going public with its initial public offering (IPO), opening for subscription on February 14, 2025, and closing on February 18, 2025. This blog post provides a comprehensive overview of the Tejas Cargo IPO, including key details, dates, and other important information for potential investors.

IPO Details

  • Company: Tejas Cargo
  • IPO Type: Book Built Issue IPO
  • 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)
  • Listing At: NSE SME

IPO Timeline

  • Subscription Period: February 14, 2025 - February 18, 2025
  • Allotment Date: February 19, 2025 (Expected)
  • Listing Date: February 24, 2025 (Tentative)

Key Highlights

  • Tejas Cargo's IPO is a fresh issue of 63,00,000 shares, aiming to raise up to ₹105.84 Cr.
  • The IPO is a book-built issue, meaning the final price will be determined based on investor demand.
  • The shares will be listed on the NSE SME platform, which is dedicated to small and medium-sized enterprises.
  • The face value of the shares is ₹10, while the issue price band is set between ₹160 and ₹168 per share.
  • The minimum lot size for application is 800 shares.

How to Apply

Investors can apply for the Tejas Cargo IPO through their respective brokers or depository participants. The application can be made online through the UPI mechanism or ASBA (Applications Supported by Blocked Amounts) facility.

Disclaimer: This blog post is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research and consult 1 with their financial advisors before making any investment decisions. 

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