Tejas Cargo Ipo
Objects of the Issue
Purchase of additional trailers for the Company;
To meet working capital requirements;
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company; and
General Corporate Purposes;
Tejas Cargo IPO Review
IPO Watch – Avoid
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New Berry Capitals Private Limited
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 800 | ₹1,34,400 |
Retail Maximum | 1 | 800 | ₹1,34,400 |
S-HNI Minimum | 2 | 1,600 | ₹2,68,800 |
IPO Open Date: | February 14, 2025 |
IPO Close Date: | February 18, 2025 |
Basis of Allotment: | February 19, 2025 |
Refunds: | February 20, 2025 |
Credit to Demat Account: | February 20, 2025 |
IPO Listing Date: | February 24, 2025 |
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022(Standalone) | ₹209.6 | ₹205.45 | ₹3.16 | ₹63.57 |
2023(Standalone) | ₹384.37 | ₹370.85 | ₹9.86 | ₹116.42 |
2024(Consolidated) | ₹422.59 | ₹405.20 | ₹13.22 | ₹236.00 |
September 2024(Consolidated) | ₹255.09 | ₹43.41 | ₹8.75 | ₹294.29 |
KPI | Values |
ROE: | 38.62% |
ROCE: | 28.30% |
EBITDA Margin: | 16.46% |
PAT Margin: | 3.13% |
Debt to equity ratio: | 2.91 |
Earning Per Share (EPS): | ₹7.52 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 23.85% |
Net Asset Value (NAV): | ₹2,269.21 |
Company | EPS | PE Ratio | RoNW % | NAV | Income |
AVG Logistics Limited | 26.66 | 11.64 | 12.65 | 136.3 | 479.89 Cr. |
RITCO Logistics Limited | 13.22 | 27.33 | 17.80 | 73.98 | 933.30 Cr. |
IPO Open Date: | February 14, 2025 |
IPO Close Date: | February 18, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹160 to ₹168 Per Share |
Issue Size: | Approx ₹105.84 Crores |
Fresh Issue: | Approx ₹105.84 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |