The Initial Public Offering of Capital Tejas Cargo India Limited was subscribed 1.15 times on the last day of bidding.
The issue received bids of 51,61,600 shares against the offered 42,09,600 equity shares, at a price band of ₹160-168, according to the data available on the stock exchanges.
Qualified Institutional Buyer Portion and Retail Portion were subscribed 1.33 times and 1.09 times respectively, whereas Non-Institutional Investors Portion was subscribed 1.43 times. The issue kicked off for subscription on Friday, February 14, 2025, and closed on Tuesday, February 18, 2025.
New Berry Capitals Private Limited is the sole book-running lead manager. The Company`s equity shares are proposed to be listed on the NSE Emerge (SME platform of NSE).