Tejas Cargo India IPO — Listing Performance
Tejas Cargo India IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 14 Feb 2025 |
| Listing date | 24 Feb 2025 |
| Overall subscription | 1.14x |
| Issue price | ₹168 |
| Listing-day close | ₹168 (0%) |
| Recent market price | ₹400 (138.1% vs issue) |
| 52-week range | ₹251 – ₹425 |
| Identifiers | NSE: TEJASCARGO · ISIN: INE17WC01013 |
How the listing went
Tejas Cargo India had a flat debut, closing within 0% of its issue price, on tepid subscription of 1.14x.
Tejas Cargo India against every other debut on record
- Rank in 2025: 144 of 215 NSE debuts, on a 0% first-day close.
- 33rd percentile of 116 SME debuts in 2025 (median 6.52%).
- 9th of 15 debuts in February 2025.
- Subscribed 1.14x: 4th percentile of 165 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
- Opened 4.17% above issue, then gave up 4.17 points to the close.
- Day-one range ₹168 to ₹175: a 4.17% swing on the issue price.
- Last close ₹400 (9 Sep 2026): 138.1% above issue, against 0% on day one.
- 86% up its 52-week range of ₹251 to ₹425.
- Priced at the top of the ₹160 to ₹168 band.
- Listed 6 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources