Tea Post Limited IPO is fully book build issue and total IPO size is ₹null crores. The entire share offering is an offer for sale of 14250000 shares.
The dates for the Tea Post Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].
The Tea Post Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Tea Post Limited IPO has not been announced yet.
Registrar for this IPO is Cameo Corporate Services Limited and lead managers for Tea Post Limited IPO are Srujan Alpha Capital Advisors Llp.
IPO Schedule
IPO Open Date | - |
---|---|
IPO Close Date | - |
IPO Allotment Date | - |
Refund Initiation | - |
Share credit in Demat | - |
Listing Date | - |
Key Details
Price Band | TBA |
---|---|
Lot Size | TBA |
Face Value | ₹1 Per Equity Share |
Total Issue Size | 28,500,000 Shares |
Fresh Issue | 14,250,000 Shares |
OFS Issue | 14,250,000 Shares |
Issue Type | Fresh Issue and Offer for Sale |
Listing At | BSE, NSE |
Share Reservation
Investor Category | Shares Offered |
---|---|
QIB | 75% |
Retail | 10% |
NII/HNI | 15% |
About Tea Post Limited Company
Tea Post Limited, incorporated in 2015, is an emerging organized tea café chain operating within India's quick-service restaurant (QSR) sector. Headquartered in Ahmedabad, Gujarat, Tea Post has rapidly expanded to include 250 tea cafés across 60 cities in Gujarat, Maharashtra, Madhya Pradesh, and Rajasthan. The company also boasts an international presence with 3 cafés in Dubai, UAE.
Tea Post distinguishes itself in the market by offering a diverse selection of teas and complementary Indian snacks in a comfortable and hygienic environment. The brand sources high-quality tea from Assam and locally sourced fresh ingredients, catering to a broad audience with pocket-friendly prices. The menu features over 15 varieties of tea, alongside snacks catering to diverse customer preferences.The Company operates its café outlet with optimum level of inventory and accepted standards.
Strategically, Tea Post operates an asset-light business model, combining company-owned and franchisee-operated stores. The company is the largest player in organized tea café market in Gujarat, in terms of store count. This approach enables scalability and efficient supply chain management through strategically located supply centers in Gujarat.
Opportunities exist in growing consumer preference for healthier food choices and expansion into Tier-3 and Tier-4 cities. However, the company faces threats such as economic slowdowns, rising ingredient costs, competition from local and global chains, and the need to adapt to evolving health-conscious consumer trends.
Tea Post Limited Financial Details
Period Ended | December 31 2024 | March 31 2024 | March 31 2023 | March 31 2022 |
---|---|---|---|---|
Assets | 57.95 | 50.94 | 40.77 | 30.27 |
Revenue | 49.65 | 54.69 | 43.69 | 26.00 |
Profit After Tax (PAT) | -1.02 | -1.02 | -0.94 | -0.94 |
Net Worth | 20.19 | 9.51 | 10.66 | 11.26 |
Reserves and Surplus | 19.42 | 8.77 | 9.92 | 10.43 |
Total Borrowing | 0.20 | 4.15 | 1.44 | 0.17 |
₹ In Crore
Key Performance Indicator
Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
---|---|---|---|---|---|
(0.13) | (-10.11%) | 1.18 | 0.44 | -10.11% | 13.92% |
Offer Objectives
The company's shareholding pattern reveals that Promoters and Promoter Groups hold 3,37,14,450 shares, constituting 37.48% of the total equity. The Public holds 5,62,42,791 shares, making up the remaining 62.52%. As of the Draft Red Herring Prospectus date, the total number of Equity Shares is 8,99,57,241.
Major shareholders with over 1% stake include IndiaNivesh Venture Capital Fund (3,30,05,720 shares, 36.69%), Acclaim Enterprise LLP (3,05,47,000 shares, 33.96%), and Aaradhya Tradebiz LLP (41,70,320 shares, 4.64%). Other significant shareholders are Puneet Tibrewala, Darshan Anilbhai Dashani, Bijal Darshit Pujara, Darshit Pujara and Shital Thakkar.
The company plans a Fresh Issue of up to 1,42,50,000 Equity Shares and an Offer for Sale of up to 1,42,50,000 Equity Shares. The net proceeds from the Fresh Issue will be used for setting up new company-operated Tea Cafés and for general corporate purposes. An estimated ₹39.46 crore will be allocated for Tea Cafés and a portion for general corporate purposes, not exceeding 25% of the gross proceeds. These funds will be deployed in Fiscal 2026 and Fiscal 2027. As of March 31, 2025, the company operates 250 Tea Cafés in various states, with plans to expand.
Company Details
Address:
D-0001, Elanza Crest, near Sigma House, Sindhu Bhavan Road, Bodakdev, Thaltej, Ahmedabad 380 059, Gujarat, India
Phone: +91 96648 70834
Email: [email protected]
Website: http://www.teapost.in
IPO Registrar Details
Cameo Corporate Services Limited
Phone: +91 44 4002 0700
Email: [email protected]
Website: http://www.cameoindia.com
Offer Prospectus & Documents
Lead Managers
- Srujan Alpha Capital Advisors Llp