Price Band
₹160 - ₹168
Lot Size
800
Issue Size
₹105.84 Cr
GMP
N/A
Subscription
1.15x
Analyzing...
IPO Schedule
1
Open
14 Feb 2025
2
Close
18 Feb 2025
3
Allotment
-
4
Listing
24 Feb 2025
About Tejas Cargo India
Tejas Cargo India Limited is an integrated logistics solutions provider, offering freight forwarding, warehousing, and transportation services across India. They cater to diverse industries, focusing on efficient and reliable delivery solutions.
Key Strengths
- High Return on Equity (ROE) of 38.62% indicates strong profitability and efficient utilization of shareholder funds.
- Established player in the logistics sector with a wide range of service offerings.
- Experienced management team with a proven track record.
- Growing demand for logistics services in India due to economic expansion and increasing e-commerce penetration.
- Focus on technology and innovation to improve operational efficiency.
Risk Factors
- •Intense competition in the logistics industry from both organized and unorganized players.
- •Dependence on economic conditions and potential slowdown in economic growth could negatively impact business.
- •Fluctuations in fuel prices and other operating costs can affect profitability.
Valuation Analysis
The IPO is offered at a P/E of 22.35, which seems fairly valued compared to peers, considering the high ROE; however, investors should consider industry-specific risks before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE17WC01013
NSE SymbolTEJASCARGO
Face Value₹10
Lot Size800
Issue Size₹105.84 Cr
Key Metrics
ROE38.62%
ROCE28.30%
P/E Ratio22.35
Industry P/E20
EPS7.52
PAT Margin3.13%
Growth & Quality
ProfitableYes ✓
Subscription
Total0.32x
Documents
RHP not available
Key Dates
Open Date14 Feb 2025
Close Date18 Feb 2025
Listing24 Feb 2025