The Tejas Cargo IPO Allotment Status is now available. The IPO subscription had started on February 14, 2025, and ended on February 18, 2025, Friday. The allotment was released on February 19, 2025, Monday, after the basis of allotment was finalized. The investors who applied for the IPO will be able to check the Tejas Cargo IPO Allotment on the Bigshare Services Pvt Ltd website or the NSE website.
The Tejas Cargo IPO was subscribed 1.15 times overall, with Retail Investors subscribing 1.09 times and NII at 1.07 times. Qualified Institutions saw a 1.33x subscription, while Anchor Investors and Market Makers fully subscribed. A total of 2,906 applications were received, with 48 from NIIs and 2 from QIBs, bidding for 48.46 lakh shares worth ₹81.42 crore.
The Tejas Cargo SME IPO currently has a GMP of ₹0, indicating no premium or discount in the grey market. With a price band of ₹168, the estimated listing price remains at ₹168 per share, reflecting no expected gain or loss at the time of listing.
Overview of Contents
Tejas Cargo IPO Dates
| Event | Date |
|---|---|
| Opening for Subscription | February 14, 2025 |
| Closing for Subscription | February 18, 2025 |
| Allotment Finalization | February 19, 2025 |
| Refund Initiation | February 20, 2025 |
| Demat Account Credit | February 20, 2025 |
| Expected Listing Date | February 21, 2025 |
How to Check Tejas Cargo IPO Allotment Status
Investors who applied for Tejas Cargo IPO can check their allotment status through 4 different methods: Bigshare, NSE, Demat Account, and Bank Account. Follow the steps below to check your IPO allotment status.
| Bigshare: | Bigshare IPO Allotment Page |
| NSE: | NSE IPO Allotment Page |
| Equity Market Insights | IPO Allotment Status Page |
Step 1: How to Check Tejas Cargo IPO Allotment Status on Bigshare?
- Visit Bigshare.com and go to the Tejas Cargo SME IPO allotment page.
- Select ‘Tejas Cargo SME IPO’ from the drop-down menu.
- Choose PAN, Application Number, or DP ID for search.
- Enter your details and click ‘Search.’
- View your allotment status on the screen.
Step 2: How to Check Tejas Cargo IPO Allotment Status on NSE?
- Visit the NSE IPO allotment page at NSEIndia.com.
- Select ‘Tejas Cargo SME IPO’ from the IPO list.
- Choose PAN, Application Number, or DP ID for search.
- Enter details and click ‘Search.’
- Your allotment status will be displayed.
Step 3: How to Check Tejas Cargo IPO Allotment in Your Demat Account
- Log in to your Demat/Trading account or contact your broker.
- Check if the shares are credited to your account.
- If allotted, they will appear in your Demat account.
Step 4: How to Check Tejas Cargo IPO Allotment in Your Bank Account
- Log in to the bank account used for the IPO application.
- Check the balance section for the status.
- If allotted, the IPO amount will be debited.
- If not allotted, the amount will be refunded, and you’ll receive an SMS confirmation.
About Company
Tejas Cargo India Limited, established in March 2021 and based in Faridabad, Haryana, is a logistics company specializing in nationwide supply chain transportation services. It primarily operates Full Truck Load (FTL) express road transport for industries like logistics, steel, e-commerce, FMCG, and white goods.
As of October 2024, the company manages a fleet of 1,131 vehicles, including 913 container trucks and 218 trailers, ensuring efficient cargo movement. With 23 operational branches and a dedicated workforce of 284 employees, Tejas Cargo leverages advanced technology and an in-house maintenance model to enhance efficiency. Its diversified client base, experienced management, and strong financials position it as a growing player in the logistics sector.
Tejas Cargo IPO Allotment Status FAQs
When is the Tejas Cargo IPO allotment date?
The IPO allotment is expected on February 19, 2025.
What is the Tejas Cargo IPO refund date?
Refunds will be processed on February 20, 2025.
How can I check my Tejas Cargo IPO allotment status?
You can check it via Bigshare, NSE, your Demat account, or bank account.
Will I get a refund if I don’t get an allotment?
Yes, if not allotted, your application amount will be refunded to your bank.
When will Tejas Cargo IPO shares be credited to Demat?
Shares will be credited to your Demat account on February 21, 2025.