IPO Trending
INDONGSME / BSEListed
Indong Tea Company

Incorporated in 1990, Indong Tea Company Limited is engaged in tea plantation and manufacturing, operating its Indong Tea Estate under a government lease. The estate spans 740.38 hectares and includes plantation fields, a tea factory, withering trough house, staff and labor quarters, officer bungalows, pump house, general stores, and a dairy farm. Originally promoted by Devvrat Gupta, Shyam Saran Gupta, and Nagarmal Kanoria, ownership was transferred to Sri Hariram Garg of the Asian Group in 2014. The company specializes in CTC (Crush/Cut, Tear, Curl) tea, managing the entire manufacturing process including plucking, withering, rolling, fermentation, drying, grading, and packing. Indong Tea Company recorded revenues of Rs. 2,313 lakhs in 2021, Rs. 1,672.64 lakhs in 2020, and Rs. 1,481.57 lakhs in 2019.

₹26 - ₹264.97x sub
Listed Price₹20.80
Listing Gain-20.00%

Subscription Status

4.97xTotal Demand
Updated 20 Oct 2026, 01:30 AM
Subscription PendingExchange subscription breakup is not available yet.

Category-wise demand has not been published yet. Check back after the exchange updates the live subscription feed.

Open Date09 Feb 2023
Close Date13 Feb 2023
Listing Date21 Feb 2023
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About Indong Tea Company IPO Subscription Demand

Live subscription status and bidding analysis for Indong Tea Company (INDONG) IPO. The issue is subscribed 4.97x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

Frequently Asked Questions