Tea Post Ltd - IPO

Tea Post Ltd IPO Details

Initial public offering of up to 2,85,00,000 equity shares of face value of Re. 1/- each ("Equity Shares") of Tea Post Limited ("the Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (the "Offer Price") aggregating up to Rs. [*] crores comprising a fresh issue of up to 1,42,50,000 equity shares of face value of Re. 1/- each by the company aggregating up to Rs. [*] crores. (the "Fresh Issue") and an offer for sale of up to 1,42,50,000 equity shares of face value of Re. 1/- each aggregating up to Rs. [*] crores by Indianivesh Venture Capital Fund (the "Selling Shareholder", and such equity shares offered by the selling shareholder, the "Offered Shares") (such offer for sale by the selling shareholder, the "Offer for sale" and together with the fresh issue, "the Offer"). The offer will constitute [*] % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Re. 1/- each and the offer price is [*] times the face value of the equity shares. The price band and minimum bid lot will be decided by the company.

Objective of issue

Setting up and opening of new company operated Tea Cafes by the company. General corporate purposes.

Tea Post Ltd Contact Details

Tea Post Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - compliance@teapost.in

Website - www.teapost.in