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IPO Snapshot  
Indong Tea Company Ltd.
Issue Open Date  27-Sep-22
Issue Closing Date  30-Sep-22
Application Money 100
Allotment Money  
Price Band(Rs.) 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 BengalB. Funding Capital Expenditure towards installation of additional plant and machinery for Tea Processing Unit at Indong Tea Estate, Jalpaiguri, West BengalC. Prepayment, in full of certain borrowings availed by our companyD. To meet the working capital requirementsE. To meet the Issue ExpensesF. General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
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 man
Promoter's Holding
Total Share Capital   9605784  
Offered to Public   5004000  
Promoter's Holding (Pre-Issue)   96.08  
Promoter's Holding (Post-Issue)   64.03  
More
Address
Sikkim Commerce House
4/1
Middleton Street

Kolkata ,
West Bengal ,
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
Sanjay Mitruka
 
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