Tejas Cargo's SME IPO opens for subscription, offering fresh equity sales of 63 lakh shares at a price band of Rs 160-168 per share. The logistics company aims to use IPO proceeds for purchasing additional trailers, working capital, debt repayment, and general corporate purposes. Listing and share allotment are expected on February 21 and 19, respectively. View More

The SME IPO of Tejas Cargo will open for subscription on Friday. The issue, which is entirely a fresh equity sale of 63 lakh shares, will be available for bidding till February 18. Tejas Cargo plans to use the proceeds from the IPO for purchase of additional trailers for the company, working capital requirements, repayment of debt and general corporate purposes. Tejas Cargo IPO price band The company has fixed a price band of Rs 160-168 per share, where investors can bid for 800 shares in one lot. Check Tejas Cargo GMP The GMP of Tejas Cargo is currently Rs 0 in the unlisted market, indicating a premium of 0% over the issue price. Stock TradingMaximise Returns by Investing in the Right CompaniesBy - The Economic Times, Get Certified By India's Top Business News BrandView Program Stock TradingMarket 104: Options Trading: Kickstart Your F&O AdventureBy - Saketh R, Founder- QuickAlpha, Full Time Options TraderView Program Stock TradingTechnical Analysis for Everyone - Technical Analysis CourseBy - Abhijit Paul, Technical Research Head, Fund Manager- ICICI SecuritiesView Program Stock TradingStock Markets Made EasyBy - elearnmarkets, Financial Education by StockEdgeView Program Stock TradingRenko Chart Patterns Made EasyBy - Kaushik Akiwatkar, Derivative Trader and InvestorView Program Stock TradingCandlesticks Made Easy: Candlestick Pattern CourseBy - elearnmarkets, Financial Education by StockEdgeView Program Stock TradingMarket 101: An Insight into Trendlines and MomentumBy - Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarkets 102: Mastering Sentiment Indicators for Swing and Positional TradingBy - Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarket 103: Mastering Trends with RMI and Techno-Funda InsightsBy - Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingDow Theory Made EasyBy - Vishal Mehta, Independent Systematic TraderView Program Stock TradingROC Made Easy: Master Course for ROC Stock IndicatorBy - Souradeep Dey, Equity and Commodity Trader, TrainerView Program Stock TradingRSI Made Easy: RSI Trading CourseBy - Souradeep Dey, Equity and Commodity Trader, TrainerView Program Stock TradingHeikin Ashi Trading Tactics: Master the Art of TradingBy - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology ExpertView Program Stock TradingRSI Trading Techniques: Mastering the RSI IndicatorBy - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology ExpertView Program Stock TradingIntroduction to Technical Analysis & Candlestick TheoryBy - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology ExpertView Program About Tejas Cargo IPO Tejas Cargo is a logistics company based in Faridabad, Haryana, providing long haul supply chain transportation services by road across India. It offers express supply chain transportation services by road under full truck load, to a diverse range of companies who are, inter alia, engaged in the logistics, steel and cement, e-commerce, industrial & chemicals, FMCG and white goods sectors. The company also provides technology enabled logistics services to its clients to optimize its operations and minimize contingencies. It derives more than 98% of the revenue by providing long haul supply chain transportation services. Its services include shipment planning, route optimisation, fleet selection, documentation, tracking, communication and coordination and performance evaluation. When is Tejas Cargo listing and allotment date The share allotment for Tejas Cargo IPO is expected to be finalised on February 19 and the listing of shares will be on February 21. The equity shares are proposed to be listed on the NSE SME platform. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)