Tejas Cargo India Ltd Share Price

Tejas Cargo India Limited was incorporated as a Private Limited Company in the name and style of Tejas Cargo India Private Limited on March 26 2021 with the Registrar of Companies. Subsequently Company was converted into a Public Limited Company and the name was changed to Tejas Cargo India Limited vide certified Incorporated dated September 05 2024 issued by the Registrar of Companies Central Processing Centre.Promoter Manish Bindal commenced his journey with a sole proprietorship firm titled Trans Cargo India in year 2009 to cater logistic needs of various industries. Chander Bindal who assisted Manish Bindal in development of logistics network under the brand name of Trans Cargo India. Over the years bolstered by experience client trust and relationshipbuilding Manish Bindal and Chander Bindal started operations under the Company in 2021 to institutionalise the logistic operations.Tejas Cargo India a logistics company based in Faridabad Haryana has been providing long haul supply chain transportation services by road across India. The Company offer express supply chain transportation services by road under full truck load to a diverse companies who are inter alia engaged into logistics steel and cement ecommerce industrial chemicals FMCG and white goods sectors. It offer technology enabled logistics services to clients in optimizing business operations and minimize contingencies. The services include shipment planning route optimisation fleet selection documentation tracking communication and coordination and performance evaluation. ThirdParty Logistics 3PL market involves outsourcing logistics and supply chain management taskssuch astransportation warehousing inventory management and order fulfilment to specialized external firms.The Company specialize in supply chain transportation services by road under FTL to achieve network optimization and efficient freight management. It also provide vehicles in the open market through strategic network to optimise fleet utilization.Company increased the fleet size from 104 to 341. It entered the new fleet division of trailers in 2022. In 2023 it acquired Subsidiary Company i.e. Tejas Carrriers Solutions Private Limited increased the fleet size from 341 to 713 and have proceeded further to the steel and cement sectors in 2024.Company is planning an Initial Public Offer of 6300000 equity shares of face value of Rs 10 each through fresh issue..

Revenue: ₹127.40Cr as on September 2024 (Q2 FY25)
Net Profit: ₹4.29Cr as on September 2024 (Q2 FY25)
Listing date: 24 Feb, 2025