What does Tongani Tea Company Limited do?

Tongani Tea Company Limited, incorporated in 1893, cultivates, manufactures, and sells tea from its estates in Assam. The company produces a range of teas including white tea, green tea, and traditional black tea in various pack sizes. It is headquartered in Kolkata, West Bengal.

How old is Tongani Tea Company?

Tongani Tea Company is among India's oldest tea companies, having been incorporated in 1893 — over 130 years ago. It was registered at the Registrar of Companies, Kolkata, and has been in continuous operation since then.

What types of tea does Tongani Tea produce?

Tongani Tea produces white tea, green tea, and black tea from its Assam tea estates. The company offers these teas in various gram sizes and packaging formats targeting both retail and wholesale markets.

Who are the promoters of Tongani Tea Company?

Specific promoter names for Tongani Tea Company Limited are not publicly confirmed in available disclosures. The company is a privately managed public limited company registered in West Bengal.

How do I buy Tongani Tea 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 Tongani Tea 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 Tongani Tea 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.

Tongani Tea Company Unlisted Share Price | Buy Tongani Tea Company Pre-IPO Shares — wisefolio

Investment Thesis

One of India's oldest companies (est. 4 December 1893) and oldest listed tea companies. Tongani Tea Estate in Mangaldoi, Darrang district, Assam (North Bank, Brahmaputra) produces ~500,000 kg/year of premium orthodox white, green and black teas — among Assam Valley's highest-yielding gardens. Daga family of Kolkata has owned the estate since 1933 (74.93%). Revenue ₹82.89 Cr FY2024 with PAT ₹1.48 Cr — profitable but thin margins. BSE-listed (240813). Dividend-paying. Historic significance is outstanding; current financials show thin but positive profitability.

Pros

Revenue ₹82.89 Cr FY2024; PAT ₹1.48 Cr — profitable and dividend-paying
133-year-old company (est. 1893) — one of India's oldest listed companies
Among highest-yielding gardens in Assam Valley (~500,000 kg/year from 400+ acres)
Daga family ownership since 1933 — 90+ years of continuous stewardship
BSE-listed (240813); October 2017 SEBI-approved share buyback — shareholder-friendly

Cons

PAT only ₹1.48 Cr on ₹82.89 Cr revenue — very thin margins (~1.8%)
PAT fell −81.73% in FY2023 — volatile profitability
Very small paid-up capital (₹18.6 lakh) relative to ₹82.89 Cr revenue — thin equity base
BSE-listed (240813) but thin trading volume

Business Segments

Assam orthodox tea production — Tongani Tea Estate (400+ acres), Mangaldoi, Darrang district, Assam (North Bank, Brahmaputra)

Premium orthodox teas: white, green and black — ~500,000 kg annual production

Revenue Model

Revenue generated from sale of processed tea (black, green, and white teas) through wholesale auction channels (primarily Kolkata Tea Auction) and direct sales; premium specialty teas may command higher realisation.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Rising consumer preference for premium and health-oriented teas (green, white) globally

Government initiatives to promote Indian tea exports under 'Make in India' and Tea Board schemes

Industry Tailwinds

Rising consumer preference for premium and health-oriented teas (green, white) globally

Government initiatives to promote Indian tea exports under 'Make in India' and Tea Board schemes

Recent Developments

FY2024: Gross sales ₹82.89 Cr; Total income ₹86.25 Cr; PAT ~₹1.48 Cr; dividend ₹0.93 Cr paid

Annual report filed with BSE for FY2024; compliant with exchange disclosures

Produces premium orthodox white, green and black teas — Assam North Bank, Brahmaputra

Comparable Companies

CompanyTypeTickerMkt Cap

Goodricke Group LimitedListedGOODRICKE~1200 Cr

Jay Shree Tea & IndustriesListedJAYSHRETEA~500 Cr

McLeod Russel IndiaListedMCLEODRUSS~1000 Cr

Goodricke Group LimitedListed

GOODRICKE · ~1200 Cr

Frequently Asked Questions

About Tongani Tea Company

Tongani Tea Company Limited is one of India's most historic tea companies, incorporated on February 4, 1893 — making it over 131 years old. Registered in Kolkata, West Bengal, the company cultivates, manufactures, and sells tea from the Tongani Tea Estate situated in the Mangaldoi Tea District of Assam. With ISIN INE874G01017, it is one of the few plantation companies with a formal ISIN despite being publicly traded primarily through unlisted channels. The Tongani Tea Estate was taken over by the Daga family of Kolkata in 1933, and the company has been under Daga family stewardship for over 90 years. The company is currently chaired by Manoj Kumar Daga, with a diverse board including Sukhpal Singh, Sumana Raychaudhuri, Arindam Roychowdhury, Ajay Kumar Agarwala, Ashok Vardhan Bagree, and Ravindra Kumar Murarka. For the trailing twelve months ending 2025, the company reported revenue of approximately Rs 8.44-9.25 crore and a profit after tax (PAT) of approximately Rs 0.56 crore — modest profitability for a heritage plantation company. The company produces white tea, green tea, CTC tea, and orthodox tea, offering a diverse product range that caters to multiple consumer segments and markets. The Mangaldoi Tea District in Assam is known for producing quality teas with distinctive character. The Tongani estate, with its long history, has developed specific cultivation practices and terroir-specific qualities that distinguish its teas. The company markets its teas across various grades and sizes, targeting both retail consumers and bulk buyers. The company's 131-year history spans British colonial-era tea cultivation, independence, land reforms, and the modern competitive landscape of Indian tea. Its survival through multiple economic cycles and political changes is a testament to the enduring value of established tea estates and brand equity. The Daga family's 90+ year stewardship provides management continuity and institutional knowledge rare in Indian corporate history.

Key Milestones

1893 — Tongani Tea Estate first planted by Mr. George Bridge in Mangaldoi, Darrang district, Assam

Common questions about unlisted shares

How do I buy Tongani Tea 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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