The Indong Tea IPO Subscription Status has started 09 February 2023 and it is also being subscribed by QIB and NII & RII. The Indong Tea IPO has opened on 09 February 2023 and closes on 13 February 2023. Which will be subscribed by 13 February 2023. Indong Tea IPO is preparing to raise ₹13.01 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹13.01 Crores and Offer Sale of ₹- Crores. and Indong Tea IPO Price Band is Fixed ₹26 per share. Check Indong Tea IPO GMP Here.
Indong Tea Company Limited is primarily in the manufacturing of Tea. The company operates a Tea Garden under Government lease and is engaged in Tea Plantation & Manufacturing of CTC Tea at Indong Tea Estate situated at Jalpaiguri District of West Bengal. The Indong Tea Estate is spread over an area of 740.38 Hectares which comprises of Tea Plantation, Tea Factory, Withering Trough House, Officer’s Bunglows, Staff Quarters, Labour Quarters, Pump House, General Stores, Dairy Farm etc
Indong Tea IPO reserved shares in this IPO, 50% for NII, and 50% for the retail category have been reserved. To know the Indong Tea IPO Subscription Status, you can see the below-day Subscription. You can check Indong Tea IPO Allotment status here.
Indong Tea IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹1.32 Cr (March 2022) ₹26/ EQ (Cut Off) ₹2.12 (March 2022) 12.26x (PE Approx) 15.24% (March 2022) ₹8.64 (March 2022) ₹43.25 Cr (March 2022) ₹26.00 Cr (March2022) 96.09% 64.03% |
| Team Review : | ╳ AVOID |
Indong Tea IPO Subscription Status {Live Update} :
The total Indong Tea IPO Subscription Status subscribed 4.97x times so far, with QIB subscribed 0.0x and NII subscribed 2.17x times & RII 7.76x times and EMP 0.0x times on Day 3 {Update time : 13 Feb 2023 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.0x | 0.0x |
| NII : | 0.32x | 0.58x | 2.17x |
| RII : | 0.79x | 1.86x | 7.76x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 0.56x | 1.22x | 4.97x |
Indong Tea IPO Shares Offer :
Indong Tea IPO is a public issue of 47,52,000 equity shares. The issue offers – shares fo QIB, 23,76,000 shares for non-institutional investors, and 23,76,000 shares for retail investors.
| Category | Shares Offer | Amount |
| QIB : | – | ₹- |
| NII : | 23,76,000 | ₹6.18 Cr |
| RII : | 23,76,000 | ₹6.18 Cr |
| Total : | 47,52,000 | ₹12.36 Cr |
Indong Tea IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 09 February 2023 |
| IPO Close : | 13 February 2023 |
| IPO Size : | ₹13.01. Cr {50,04,000 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹26 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹13.01. Cr {50,04,000 Shares} |
| Fresh Issue : | ₹13.01. Cr {50,04,000 Shares} |
| Offer For Sale : | ₹-. Cr |
Indong Tea IPO Market Lot :
Indong Tea IPO Minimum Market lot is 1 Lot with 4000 shares with ₹104,000 Application amount. The retail investors can apply up to 1 lots with 4000 Shares or ₹104,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 4000 | ₹104,000 |
| Retail (Max) : | 1 | 4000 | ₹104,000 |
| S-HNI (Min) : | 2 | 8000 | ₹208,000 |
Indong Tea IPO Subscription Status FAQs :
How much was the total Indong Tea IPO Subscription Status?
The total Indong Tea IPO Subscription Status 4.97x times Day 3.
What is the Indong Tea IPO retail subscription Status?
Indong Tea IPO Retail Subscription 7.76x times Day 3.
How much is the Indong Tea IPO QIB subscription Status?
The Indong Tea IPO QIB subscription 0.0x times Day 3.
How much did Indong Tea IPO NII subscribe?
Indong Tea IPO NII Subscription 2.17x times Day 3.
What is Indong Tea IPO Allotment Date?
Indong Tea IPO allotment date is 16 February 2023.
What is Indong Tea IPO Listing Date?
Indong Tea IPO listing date is 21 February 2023. The IPO to list on BSE, SME.
How to Apply the Indong Tea IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Indong Tea IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Indong Tea IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Indong Tea IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Indong Tea IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Indong Tea IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Indong Tea IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Indong Tea IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Indong Tea IPO GMP: Click Here Indong Tea IPO Details: Click Here Indong Tea IPO Allotment: Click Here Indong Tea IPO Listing: Click Here |
All Indong Tea IPO-related links are available here. If you want to know the details then click on Click Here Link.
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