Tea Post Ltd. IPO Details
Tea Post Ltd. was incorporated on November 05, 2015. The company is an organised tea cafe chain in India’s quick service restaurant segment, offering over 15 varieties of tea and snacks. It aims to provide customers with a diverse and freshly prepared chai experience
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 28.5 M | - | - | ₹0 | DRHP DOC |
Tea Post issue details
Tea Post has 28.5 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
Tea Post IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Tea Post NUMBER OF SHARES ON OFFER
Tea Post FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY25 | -1.0 | 49.0 | 4.5 | 1.9 | 14.0% |
| FY24 | -1.0 | 54.0 | 7.4 | 2.3 | 15.2% |
| FY23 | -0.9 | 43.2 | 0.2 | -5.4 | 10.0% |
| FY22 | -0.9 | 25.9 | 3.1 | 1.8 | 9.4% |
Tea Post INFORMATION ON IPO ISSUE
About Tea Post
Tea Post Ltd. was incorporated on November 05, 2015. The company is an organised tea cafe chain in India’s quick service restaurant segment, offering over 15 varieties of tea and snacks. It aims to provide customers with a diverse and freshly prepared chai experience
Object of the Issue
- Setting up and opening of new company-operated Tea Cafes by the company
- General corporate purposes
Tea Post - PROMOTERS
| Name |
|---|
| Darshan Anilbhai Dashani |
| Dashani Divya D |
| Samir Anilbhai Dashani |
| Dashani Bhakti S |
| Paresh Pravinchandra Joshi |
| Jayshreeben P Joshi |
| Acclaim Enterprise LLP |
Tea Post Book Running Lead Manager
Srujan Alpha Capital Advisors LLP
projecttea@srujanalpha.com
Tea Post Registrar to the Offer
Cameo Corporate Services Limited
priya@cameoindia.com
Tea Post Strengths
Highly scalable platform
The company follows a cluster-based model with both company-operated and franchisee-run Tea Cafes to enable scalability. Its standardised store design ensures quick setup and a consistent customer experience across locations
Operational excellence
The company has invested in defined operating procedures to ensure consistent food quality, safety, hygiene, and customer experience at its Tea Cafes, aligning with industry standards
Customer proposition
The company’s customer proposition focuses on value-for-money and a wide variety of offerings, which help attract customers and increase footfall at its Tea Cafes
Tea Post Risks
Geographically concentrated
A significant portion of the company’s Tea Cafes and sales are concentrated in Gujarat and Maharashtra. Any adverse developments in these states may negatively affect revenue and operational performance
Expansion risks
The company plans to expand its Tea Cafe network in existing and new regions, which may expose it to risks and potential losses, adversely impacting its business and financial performance
Brand
The company’s growth depends on the strength and reputation of its brand ‘Tea Post’. Any inability to maintain or enhance its brand value or manage negative publicity may adversely impact its business and financial performance
IPO FAQs
The promoters of the company are Darshan Anilbhai Dashani, Dashani Divya D, Samir Anilbhai Dashani, Dashani Bhakti S, Paresh Pravinchandra Joshi, Jayshreeben P Joshi and Acclaim Enterprise LLP.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.