What does The Highland Produce Co Limited do?

The Highland Produce Co Limited is a Kerala-based plantation company incorporated in 1925. It owns and operates tea and cardamom estates in the Idukki district of Kerala, specifically in Elaparai and Peermede. Its named estates include Pasuparai Estate and Carady Goody Estate.

Where are The Highland Produce Co Limited's estates located?

The company's estates are located in Elaparai and Peermede in Idukki District, Kerala. Idukki is one of India's highest-altitude plantation regions, known for producing premium quality tea and cardamom.

When was The Highland Produce Co Limited incorporated?

The company was incorporated in 1925 and is registered under CIN U01119KL1925PLC000416 with the Registrar of Companies, Kerala. It has nearly 100 years of plantation operations.

Is The Highland Produce Co Limited listed on any stock exchange?

No. The Highland Produce Co Limited is an unlisted public company. Its shares are traded in the grey/unlisted market at approximately ₹250 per share.

What are the key products of The Highland Produce Co Limited?

The company's key products are tea (from its Pasuparai Estate and Carady Goody Estate) and cardamom (grown in its Peermede and Elaparai estates). Both are export-oriented commodities with significant demand in domestic and international markets.

How do I buy The Highland Produce Company unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for The Highland Produce Company?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell The Highland Produce Company shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

The Highland Produce Company Unlisted Share Price | Buy The Highland Produce Company Pre-IPO Shares — wisefolio

Investment Thesis

Centennial Kerala plantation company (est. 1925) operating tea and cardamom estates in the premium Idukki highlands (Peermede and Elaparai) — home to India's finest high-altitude cardamom. Estates: Pasuparai Tea Estate and Carady Goody Cardamom Estate. 1,200 employees — a major highland employer. Promoter holding 64.17%. Paid-up capital ₹54 lakh. Active and compliant (FY2024 filing). No public revenue data but operational scale suggests meaningful revenues. Heritage unlisted plantation gem.

Pros

100-year-old heritage plantation company (est. 1925)
1,200 employees — significant livelihood provider in Idukki highlands
Prime Idukki location: Peermede and Elaparai — premium Kerala cardamom and tea belt
Promoter commitment: 64.17% holding
Active: AGM September 2024; balance sheet FY2024 filed

Cons

No public revenue data disclosed
Small paid-up capital (₹54 lakh) relative to 1,200-employee operation
Plantation sector: climate, pest and commodity price risks

Business Segments

Tea estates — Elaparai and Peermede, Idukki District, Kerala (Pasuparai Estate)

Cardamom estates — Elaparai and Peermede (Carady Goody Estate)

Tea and cardamom processing

Revenue Model

Revenue is generated from sale of tea and cardamom from its estates. Tea revenue depends on auction prices at major tea auction centres (Kochi, Coimbatore). Cardamom is sold through Spices Board of India auctions or directly to exporters. Land assets on the estates also carry intrinsic balance sheet value.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Rising global prices for Indian cardamom driven by strong export demand from the Middle East.

Growing interest in premium single-estate teas among domestic and export buyers.

Industry Tailwinds

Rising global prices for Indian cardamom driven by strong export demand from the Middle East.

Growing interest in premium single-estate teas among domestic and export buyers.

Recent Developments

1,200 employees as of April 2024 — operational scale intact

AGM held September 25, 2024; FY2024 balance sheet filed

Promoter holding 64.17%; public 35.83%

Comparable Companies

CompanyTypeTickerMkt Cap

Harrisons Malayalam LimitedListedHARRMALAYA~400 Cr

Tata Coffee LimitedPE: ~20xxListedTATACOFFEE~3000 Cr

Spices Trading Corporation (unlisted)Unlisted——

Harrisons Malayalam LimitedListed

HARRMALAYA · ~400 Cr

Frequently Asked Questions

About The Highland Produce Company

The Highland Produce Co Limited is a centennial Kerala plantation company incorporated on 14 July 1925, headquartered at Beach Road, Alappuzha, Kerala. For nearly a century, the company has cultivated tea and cardamom across its estates in the Idukki District highlands of Kerala — specifically the Pasuparai Estate in Elaparai and the Carady Goody Estate in Peermede. These locations, situated in the ecologically rich Idukki region, are renowned for producing high-quality tea and spices owing to their altitude, rainfall, and cool temperatures. The company's plantation operations encompass two distinct high-altitude estates that capitalise on Peermede's ideal agro-climatic conditions for tea cultivation and Idukki's reputation as a major cardamom-producing zone. Tea from these estates is harvested and processed for sale to domestic tea wholesalers and export markets, while cardamom contributes to the high-value spice revenue stream. The company has associations with the AVT (A.V. Thomas) group, one of Kerala's premier plantation conglomerates, adding operational and managerial depth. With an authorized share capital of ₹240 Lakh and paid-up capital of ₹54 Lakh, the company maintains a modest capital structure typical of legacy plantation enterprises. The board is led by directors including Dilip Thomas, Priyalatha Thomas, Kotcherlakota Suresh, Kothaneth Ashok, and Swaminathan Ganesan. The Thomas family's involvement reflects the Ooppoottil/AVT group tradition of family-led plantation management, ensuring continuity of agronomic expertise across generations. As a 99-year-old estate company operating in the ecologically sensitive Idukki highlands, The Highland Produce Co Limited occupies a specialised and sustainable niche in Kerala's plantation sector. Its century of operations, prime estate locations, and diversified produce (tea + cardamom) position it as a resilient heritage agricultural enterprise despite its modest financial scale.

Key Milestones

1925 — Incorporated; tea and cardamom estates in Idukki highlands

Common questions about unlisted shares

How do I buy The Highland Produce Company unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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