Tejas Cargo IPO

Incorporated in March 2021, Tejas Cargo India Limited is a logistics company located in Faridabad, Haryana, that provides supply chain transportation services by road throughout India. The company provides express road transportation services under Full Truck Load (FTL) to various sectors, including logistics, steel, e-commerce, FMCG, and white goods. As of October 30, 2024, the fleet includes 913 container trucks and 218 trailers, averaging 3.4 and 0.7 years old, respectively. As of October 31, 2024, the company has a fleet of 1,131 vehicles: 218 trailers and 913 container trucks, measuring 32 to 40 feet and with a capacity of up to 42 tonnes. As of September 30, 2024, the company has completed over and 58,943 trips and 98,913 trips during Fiscal 2024. The company operates nationwide through twenty-three branches for placements, loading, and unloading. The company has a workforce of 284 employees as of September 30, 2024. Competitive Strength In-House Maintenance and Direct Procurement Leveraging modern technology to operate and monitor its fleet. Heavy Asset Ownership Model Diversified client base and revenue sources Experienced and motivated management team Track record of growth and robust financial position.

The company intend to utilize the proceeds of the Issue to meet the following objects: 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;

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App