Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Tea Post Ltd. on March 10, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Tea Post Ltd. IPO is a Book Build Issue of 2.85 crore equity shares consisting of a fresh issue of upto 1.43 crore equity shares and an offer for sale (OFS) of upto 1.43 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Srujan Alpha Capital Advisors LLP is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Tea Post IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,85,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 1,42,50,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 1,42,50,000 shares of ₹1 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 8,99,57,241 shares |
| Share Holding Post Issue | 10,42,07,241 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sun, Mar 30, 2025 |
| Offer document withdrawn | Wed, May 14, 2025 |
| Filed with SEBI/Exchange | Thu, Jun 12, 2025 |
| SEBI/Exchange approval received | Tue, Mar 10, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
Incorporated in 2015, Tea Post is a tea cafe chain in India. The company offers 15+ varieties of teas like Ginger tea, elaichi tea, masala chai, beverages, and snacks, like Samosa, Poha, Upma, Thepla, Khichu, Sabudana Vada, among others.
It offers basic tea variants from ₹10 per cup to ₹25 onwards to deliver exceptional value for money.
As of Feb 28, 2025, it operates through a network of 251 Tea Cafes; 62 are company-operated and 189 are franchisee-operated stores. It has a strong market presence across 61 cities in the states of Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh. The company has also opened 3 franchisee-operated Tea Cafes in the UAE.
In Fiscal 2024, the company has received 35.14% revenue from Tea, 22.35% from other beverages, 38.46% revenue from Snacks segment, and the rest from other segments.
Competitive Strengths
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 57.95 | 50.94 | 40.77 | 30.27 |
| Total Income | 49.65 | 54.69 | 43.69 | 26.00 |
| Profit After Tax | -1.02 | -1.02 | -0.94 | -0.94 |
| NET Worth | 20.19 | 9.51 | 10.65 | 11.26 |
| Reserves and Surplus | 19.42 | 8.77 | 9.92 | 10.43 |
| Total Borrowing | 0.20 | 4.15 | 1.44 | 0.17 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up and opening of new company operated Tea Cafés by the company | 39.47 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | -10.11% |
| ROCE | 13.92% |
| Debt/Equity | 0.44 |
| RoNW | -10.11% |
| PAT Margin | -1.89% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | -0.11 | |
| Promoter Holding | 37.48% |
Lead Manager Reports
Tea Post IPO is a main-board IPO of 2,85,00,000 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Tea Post IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Tea Post IPO using UPI as a payment gateway. Zerodha customers can apply in Tea Post IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Tea Post IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Tea Post IPO dates are not announced. Please check back again after some time.
Tea Post IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Tea Post IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Tea Post IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Tea Post IPO allotment status.
The Tea Post IPO listing date is not yet announced. The tentative date of listing is .
