Tejas Cargo SME IPO Subscription
ListedUpdated 24 February 2025, 9:15 AM IST· NSE SME
Tejas Cargo SME IPO subscription closed on 18 February 2025 at 1.15x overall by shares. QIB demand came in at 1.33x, NII at 1.07x, and retail at 1.09x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 19 February 2025. Listing date on NSE and BSE is 24 February 2025.
Tejas Cargo SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 14 Feb 2025 | 0.35x | 0.03x | 0.42x | 0.32x |
| Day 2 - 17 Feb 2025 | 1.26x | 0.08x | 0.67x | 0.71x |
| Day 3 - 18 Feb 2025 | 1.33x | 1.07x | 1.09x | 1.15x |
Tejas Cargo SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Tejas Cargo SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 1.09x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Tejas Cargo SME IPO Allotment Status page from 19 February 2025 for your result.
Tejas Cargo SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 168.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 19.90 Cr | Rs 26.52 Cr | 1.33x |
| NII | Rs 14.93 Cr | Rs 16.01 Cr | 1.07x |
| IND | Rs 34.82 Cr | Rs 38.12 Cr | 1.09x |
| Total | Rs 69.66 Cr | Rs 80.64 Cr | 1.16x |
What Do These Subscription Numbers Mean?
1.15x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.33x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (1.07x by shares). SHNI and BHNI allotment is by lottery.
Retail at 1.09x by shares. Exact lottery chances need application data.
Tejas Cargo SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 14 February 2025 |
| IPO Close Date | 18 February 2025 |
| Allotment Date | 19 February 2025 |
| Refund Initiation | 20 February 2025 |
| Share Credit to Demat | 20 February 2025 |
| Listing Date | 24 February 2025 |
| Minimum Investment | Rs 2,68,800.00 |
| Lot Size | 800 shares |
About Tejas Cargo SME
Incorporated in March 2021, Tejas Cargo India Limited is a logistics company based in Faridabad, Haryana. It offers road transportation services across India, specializing in Full Truck Load (FTL) deliveries. The company serves various industries, including logistics, steel, e-commerce, FMCG, and white goods.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Tejas Cargo SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Tejas Cargo SME Details
Issue size, price, financials, and company info
Tejas Cargo SME GMP
Live grey market premium and listing estimate
Tejas Cargo SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Tejas Cargo SME Allotment
Allotment date, chances, and check by PAN
Tejas Cargo SME Review
SWOT, strengths, risks, and IPO review
Tejas Cargo SME FAQ
Common questions on dates, GMP, and allotment
Tejas Cargo SME Registrar
Registrar website and how to check allotment
Tejas Cargo SME Timeline
Open, close, allotment, and listing dates
Tejas Cargo SME News
Updates, blogs, and latest IPO news
Tejas Cargo SME IPO Subscription FAQs
What is Tejas Cargo SME IPO subscription status today?
Tejas Cargo SME IPO subscription closed on 18 February 2025 with overall subscription of 1.15x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 1.33x, NII 1.07x, IND 1.09x.
What is the overall subscription of Tejas Cargo SME IPO?
Tejas Cargo SME IPO is subscribed 1.15x overall by shares at close on 18 February 2025. QIB 1.33x, NII 1.07x, and IND 1.09x.
What is Tejas Cargo SME IPO QIB subscription?
Tejas Cargo SME IPO QIB (Qualified Institutional Buyers) subscription is 1.33x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Tejas Cargo SME IPO IND subscription?
Tejas Cargo SME IPO IND subscription is 1.09x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is Tejas Cargo SME IPO NII, SHNI, and BHNI subscription?
Tejas Cargo SME IPO NII subscription is 1.07x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are Tejas Cargo SME IPO retail allotment chances?
Tejas Cargo SME IPO retail share subscription is 1.09x. Application data is needed for exact lottery chances.
What are Tejas Cargo SME IPO SHNI allotment chances?
Tejas Cargo SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Tejas Cargo SME IPO BHNI allotment chances?
Tejas Cargo SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Tejas Cargo SME IPO allotment date?
Tejas Cargo SME IPO allotment date is 19 February 2025. Check Tejas Cargo SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Tejas Cargo SME IPO subscription close?
Tejas Cargo SME IPO subscription closed on 18 February 2025. No new applications are accepted after the close.
What is Tejas Cargo SME IPO GMP today?
GMP for Tejas Cargo SME IPO is not available yet. Track Tejas Cargo SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Tejas Cargo SME IPO issue price and lot size?
Tejas Cargo SME IPO issue price is ₹168 per share. Lot size is 800 shares. Minimum investment is ₹2,68,800 per lot (minimum 2 lots for SME). Issue size: ₹105.84 Cr.
When is Tejas Cargo SME IPO listing date?
Tejas Cargo SME IPO listing date is 24 February 2025 on NSE and BSE. Allotment is on 19 February 2025.
How does subscription affect Tejas Cargo SME IPO allotment?
In Tejas Cargo SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.15x overall, competition is moderate.
For allotment results from 19 February 2025, visit the Tejas Cargo SME IPO Allotment Status page. For listing day updates on 24 February 2025, download the IPOwiz App.
Sources
We match Tejas Cargo SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.