Tejas cargo IPO Day 1: The initial public proposal was opened for membership on 14 February 2025 and will be closed on 18 February 2025.
Tejas cargo IPO membership status
Tejas Cargo IPO was subscribed 0.15 times till 3.50 pm on 14 February 2025. Public offering was subscribed to the retail category 0.3 times, 0 times in QIB category and 0.03 times in NII category as per Chittorgarh.com data.
Tejas cargo IPO key date
Tejas cargo initial public offering (IPO) membership period began on 14 February 2025, and will end on 18 February 2025. On Wednesday, February 19, 2025, Tejas Cargo IPO allocation is expected to be finalized. The proposed listing date for Tejas Cargo IPO has been set on NSE SME on Monday, February 24, 2025.
Tejas cargo IPO size
Tejas cargo IPO is one 105.84 crore book-made offer where fresh 63.00 lakh shares are being issued and offered.
Tejas cargo IPO membership details
The price limit or price band was set for the IPO of Tejas cargo On 160 168 per share. An application should have a minimum size of 800. Retail investors considering a lot of size and price band should invest minimum 1,28,000. However, if investors bid at the cutoff price, then the investment will be almost 1,34,400, but will ensure that the position of overbscription will be taken care of. HNI requires a minimum investment of two lots (1,600 shares), or 2,68,800.
Tejas Cargo IPO GMP or Gray Market Premium
Tejas Cargo IPO Gray Market Premium or Gmp is currently according to Inventorgon.com data. This means that the shares of Tejas cargo are not being given any premium on the ongoing price in the gray market. This also means that the market participants are expecting the list of Tejas cargo shares without any premium at the upper end of the issue value. 168.
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