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Indong Tea Company Ltd.
Issue Open Date 09-Feb-23  
Issue Closing Date 13-Feb-23  
Application Money 100  
Allotment Money  
Price Band () 26 -  
Minimum Bid Quantity. 4000  
Issue Size (Shares) 5004000  
Market Lot 1  
Objective

A. Funding Capital Expenditure towards Extension, Uprooting and Infilling of Tea Plantation at Indong Tea Estate, Jalpaiguri, West Bengal.B. Funding Capital Expenditure towards installation of additional plant and machinery for Tea Processing Unit at Indong Tea Estate, Jalpaiguri, West Bengal.C. To meet the working capital requirements.D. To meet the Issue Expenses.E. General Corporate Purposes.

Business Description

Incorporated in 1990, Indong Tea Company Limited owns and operates a Tea Garden under Government lease and is engaged in Tea Plantation & Manufacturing of CTC Tea at Indong Tea Estate situated in Jalpaiguri District of West Bengal. The company is presently managed under the leadership of Sri Hariram Garg, one of the main promoters of the Company. The main business of the company is manufacturin...

Promoter's Holding
Total Share Capital   9605794  
Offered to Public   5004000  
Promoter's Holding (Pre-Issue)   96.09  
Promoter's Holding (Post-Issue)   64.03  
Address
Address :Sikkim Commerce House
4/1
Middleton Street
City :Kolkata, State :West Bengal Pincode :700071 Phone :033-40063601 Email : cs@indongteaco.com Website : www.indongteaco.com
Registrar
Cameo Corporate Services Ltd
Subramanian Buildings No 1
Club House Road

Chennai
Listed at
BSE
Lead Manager
Finshore Management Services Ltd.
Promoters
Aaian Tea & Exports Ltd.
Hariram Garg
Madanlal Garg
BNK Securities Pvt. Ltd

CIN No.:U67120WB1995PTC071182 (ISO 90001:2015 & ISO 27001:2013 Certified Company)

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