58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Indong Tea Company Limited IPO Analysis

Indong Tea Company IPO is a book build IPO listing on BSE SME exchange. The company is based in Kolkata and caters to Tea And Coffee sector. Finshore Management Services is the merchant banker of Indong Tea Company IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th August 2022.

Indong Tea Company IPO posted revenues of Rs 26.48 crores and PAT of Rs 4.10 crores in FY23 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: [●]
            EBITDA: [●]
            PAT: ₹ 4.08 Cr.
  • EBITDA Margin: [●] %
            Pat Margin: [●]%
  • Net Worth: ₹ 10.68 Cr.
  • Market Capitalisation: ₹ 39.00 Cr.
  • P/E: 9.52 times
  • P/BV: 1.65 times
  • EV/EBITDA: [●]
Nature of IPO : SME
Exchange : BSE SME
IPO Type : Fixed Price

Indong Tea IPO Financial Performance (Restated)

Financial results of Indong Tea Company IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
30-Sep-22
FY22
FY21
FY20
Balance Sheet
Assets
46.89
43.24
40.59
41.36

Net Worth
10.68
29.71
18.13
16.85

Total Debt
10.47
9.60
18.41
20.97

Profit & Loss
Revenue
Revenue on annualised basis
[●]
[●]
19.48
23.06
15.49

EBITDA
EBITDA on annualised basis
[●]
[●]
[●]
[●]
[●]

PAT
PAT on annualised basis
2.04
4.08
1.31
1.27
-1.21

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Financial Charts

Indong Tea IPO Key performance Indicators (KPI)

Indong Tea Company IPO PAT Margin is [●]%, ROCE (Return on Capital Employed) is 26.00% as per latest financial. The below table shows Indong Tea Company IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
30-Sep-22
FY22
FY21
FY20

EBITDA Margin (%)
[●]
[●]
[●]
[●]

PAT Margin (%)
[●]
6.72
5.51
-7.81

EPS (Rs.)
[●]
2.12
2.50
-2.37

ROE (%)
19.10
4.41
7.00
-7.18

ROCE (%)
26.00
11.00
35.00
47.00

ROA (%)
4.35
3.03
3.13
-2.93

Debt to Equity (x)  
0.98
0.32
1.02
1.24

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Indong Tea Company IPO Valuation Metrics

The market Capitalisation of Indong Tea Company IPO is Rs 39.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (Rs. Cr.):
39.00

Enterprice Value (EV) (Rs. Cr.):
49.47

EV/EBITDA (times) :
[●]

PE Multiple (times) :
9.52

P/B (times) :
1.65

NAV (Rs.) :
13.94

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Spinaroo Commercial Limited

  Aluminium

  Kolkata


Infonative Solutions Limited

  Information Technology

  New Delhi


Retaggio Industries Limited

  Jewellery

  Mumbai


Identixweb Limited

  Information Technology - SaaS

  Surat


ATC Energies System Limited

  Power and Energy

  Mumbai


What are the key financial metrics in Indong Tea prospectus?

The Indong Tea Company IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.

How do profitability ratios impact the evaluation of Indong Tea IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Indong Tea Company IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Indong Tea IPO ?

The post-IPO market capitalisation of Indong Tea Company IPO is ₹39.00 Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Indong Tea IPO?

The Indong Tea Company IPO has a Price-to-Earnings (PE) ratio of 9.52 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Indong Tea Company IPO?

Indong Tea Company IPO reported revenue of ₹26.48 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Indong Tea Company IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Indong Tea Company IPO?

Indong Tea Company recorded an EBITDA of [●], reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Indong Tea Company IPO?

Indong Tea Company Profit After Tax (PAT) is ₹4.08 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

Peer Companies Of This Sector

FAQs

Indong Tea Company operates in Tea And Coffee and Tea Plantation & Manufacturing Of CTC Tea. The Issue is listed on BSE SME in Feb, 2023. Indong Tea Company IPO size was 13.01 with Issue price of 26.00 .

Indong Tea Company IPO subscription was 4.97 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Indong Tea Company IPO listed at a listing price of 20.80 against the offer price of 26.00.

The current market price of Indong Tea Company is 19.37.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency