Indong Tea Limited


Price Gmp Gmp In % Total Gmp
₹26 ₹04 15.38% ₹16,000


Company Financials - In Lakhs


Years Total Revenue Total Expense Profit After Tax
31 March - 2020 1672.64 1415.21 -36.75
31 March - 2021 2312.99 1887.40 127.55
31 December - 2021 1814.82 1350.85 245.91


Indong Tea Limited Ipo Details


Open Date 09 February 2023
Close Date 13 February 2023
Issue Size ₹13.01 Crore
Price ₹26
Market Lot 4000 Shares
Listing Date 21 February 2023
Register Cameo Corporate Services Limited
Listing At BSE SME


Indong Tea Limited Ipo - Date Schedule


Open Close Allotment Listing
09 February 2023 13 February 2023 16 February 2023 21 February 2023


Indong Tea Limited Ipo - Lots Size & Price


Retail (Min) Retail (Max) S-HNI (Min) B-HNI (Min)
4000 Shares - ₹1,04,000 4000 Shares - ₹1,04,000 -- --


Company Details

Indong Tea is engaged in the business of tea plantation and manufacturing of CTC Tea at Indong Tea Estate in Jalpaiguri, West Bengal. The Indong Tea Estate is spread over 740.38 hectares that include tea plantation, tea factory, withering, trough house, quarters, general stores, dairy farm, etc.

The tea garden is producing high-quality CTC Tea in Dooar’s region. Its key business verticals include manufacturing of CTC tea and Clonal cutting. Its product and service portfolio comprised of CTC (Crush/Cut, Tear, Curl) tea, tea plantation, manufacturing, rolling, fermentation, drying grading, and packaging.

Company Promoters Mr. Hariram Garg Mr. Madanlal Garg Mr. Sanjay Mitruka M/s. Asian Tea & Exports Limited