Indong Tea Company Limited

Founded in 1990 and headquartered in West Bengal, India.

1990 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Indong Tea Company Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.32 Cr
  • Satisfied Charges ₹ 38.24 Cr
  • Revenue Growth 20.99%
  • Profit Growth 651.84%
  • Ebitda -47.43%
  • Net Worth 35.91%
  • Total Assets 23.70%

About Indong Tea Company

Indong Tea Company Limited (ITCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 December 1990 and has a history of 34 years and one month. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543769.

The Corporate was formerly known as Indong Tea Company Pvt Ltd. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹11.32 Cr. The company has closed loans amounting to ₹38.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indong Tea Company Limited India are Manoj Ganguly as CFO and Chandan Gupta as Company Secretary. Hariram Garg, Rajnish Kansal, Rajesh Garg, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indongteaco.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L01122WB1990PLC050506

  • Company No.

    050506

  • Stock Symbol

    BSE : 543769

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 1990

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture

Who are the key members and board of directors at Indong Tea Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Hariram Garg Country flag representing In Managing Director14-Aug-2014Current
Manoj Ganguly Country flag representing In CFO01-Feb-2022Current
Chandan Gupta Country flag representing In Company Secretary01-Feb-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajnish Kansal Country flag representing In Director 05-Sep-2024Current
Rajesh Garg Country flag representing In Director 14-Oct-2016Current
Rama Garg Country flag representing In Director 27-Jul-2022Current
Madanlal Garg Country flag representing In Director 15-Jan-2015Current
Akhil Manglik Country flag representing In Director 04-Feb-2022Current
Sushil Nevatia Country flag representing In Director 04-Feb-2022Current

Financial Performance of Indong Tea Company.

Indong Tea Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.99% increase. The company also saw a substantial improvement in profitability, with a 651.84% increase in profit. The company's net worth Soared by an impressive increase of 35.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.99%
Revenue from Operations
7.97%
Total Assets
23.70%
Profit or Loss
651.84%
Net Worth
35.91%
EBITDA
-47.43%

What is the Ownership and Shareholding Structure of Indong Tea Company?

In 2023, Indong Tea Company had a promoter holding of 64.04% and a public holding of 35.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.32 Cr

Satisfied Charges

₹38.24 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 11.15 Cr
  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2024Axis Bank Limited₹11.15 CrOpen
05 Jul 2022Hdfc Bank Limited₹1.70 MOpen
06 Aug 2021Hdfc Bank Limited₹7.43 CrSatisfied
10 Oct 2019Hdfc Bank Limited₹6.33 CrSatisfied
20 Jun 2017Others₹7.51 CrSatisfied

How Many Employees Work at Indong Tea Company?

Unlock and access historical data on people associated with Indong Tea Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indong Tea Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indong Tea Company's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Indong Tea Company

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 11.15 Cr registered on 27 Jun 2024 with Charge ID 100946398 was modified on 13 Sep 2024.

    13 Sep 2024

  • Director Appointment

    Rajnish Kumar Kansal was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 5 months 19 days .

    05 Sep 2024

  • Charges

    A charge registered on 19 Apr 2017 via Charge ID 100093206 with Others was fully satisfied on 18 Jul 2024.

    18 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 11.15 Cr with Charge ID 100946398 was registered on 27 Jun 2024.

    27 Jun 2024

  • Charges

    A charge with Others of Rs. 10.97 Cr registered on 19 Apr 2017 with Charge ID 100093206 was modified on 31 May 2024.

    31 May 2024

  • Annual General Meeting

    Indong Tea Company Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Indong Tea Company Limited was incorporated on 28 Dec 1990.

  • The authorized share capital of Indong Tea Company Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Currently 9 directors are associated with Indong Tea Company Limited.

    • Hariram Garg
    • Rajnish Kumar Kansal
    • Rajesh Garg
    • Rama Garg
    • Madanlal Garg
    • Akhil Kumar Manglik
    • Sushil Kumar Nevatia
    • Manoj Kumar Ganguly
    • Chandan Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indong Tea Company Limited is Sikkim Commerce House 4/1 Middleton Street India, Kolkata, West Bengal, 700071.

  • The corporate identification number (CIN) of Indong Tea Company Limited is L01122WB1990PLC050506 and the company number is 050506 as per Ministry of Corporate Affairs (MCA).

  • Yes, Indong Tea Company Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Indong Tea Company Limited is https://www.indongteaco.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indong Tea Company Limited has risen by 20.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indong Tea Company Limited has experienced an upsurge of 35.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indong Tea Company Limited amount to ₹ 11.32 Cr.

  • The most recent Balance Sheet for Indong Tea Company Limited was filed with the ROC on 31 Mar 2023.

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