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February 9, 2023 - February 13, 2023

Indong Tea Company IPO FAQ

Indong Tea Company IPO Date & Price

The Indong Tea Company IPO opens on February 9, 2023 and closes on February 13, 2023.

Indong Tea Company IPO timetable / schedule is as below:
  • Bid/Offer Opens On: February 9, 2023
  • Bid/Offer Closes On: February 13, 2023
  • Finalization of Basis of Allotment: February 16, 2023
  • Initiation of refunds: February 17, 2023
  • Credit of Equity Shares: February 20, 2023
  • Listing Date: February 21, 2023

Indong Tea Company IPO price is set at ₹26 per equity share.

Indong Tea Company IPO will close for subscription at 5 PM on February 13, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Indong Tea Company IPO starts on February 9, 2023. The issue ends on February 13, 2023.

Indong Tea Company IPO Issue Size and Subscription Status

The Indong Tea Company IPO size is 5004000 Equity Shares of ₹10 aggregating up to ₹13.01 Cr.

Indong Tea Company Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Indong Tea Company IPO shares through the banks (using ASBA) or through the broker (using UPI).

Indong Tea Company IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)2,376,000 Shares
Retail Individual Investor (RII)2,376,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size4,752,000 Shares

Indong Tea Company IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.17 times times
Retail Individual Investor (RII)7.76 times times
Employee Reservations times
Other Reservations times
Total Issue Size4.97 times times

Click here to check the Indong Tea Company IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Indong Tea Company IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Indong Tea Company IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Indong Tea Company IPO Allotment and Listing

The Indong Tea Company IPO allot status will be available online on February 16, 2023. Check the Indong Tea Company IPO Allotment Status here.

Click here to check Indong Tea Company IPO Allotment Status.

Indong Tea Company IPO listing Date is February 21, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Indong Tea Company IPO listing date and time is published by the exchange in a circular.

Click here to view the Indong Tea Company IPO Basis of Allotment.

It is hard to say at what price Indong Tea Company IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Indong Tea Company IPO shares will list on February 21, 2023 at BSE SME.

Indong Tea Company IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Indong Tea Company IPO which could help you with questions like Indong Tea Company IPO buy or not? You should also read Indong Tea Company IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Indong Tea Company IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Indong Tea Company IPO performance. The performance reports are available 1 day after listing.