For those interested in the stock market or looking to profit from Initial Public Offerings (IPOs), an exciting opportunity is on the horizon. Tea Point, a leading tea-selling company in India, is set to list its IPO on the stock exchange soon. According to the company’s co-founder, they plan to be publicly traded by mid-2026, which could provide investors with a promising chance to engage in the burgeoning beverage sector.
Record Sales during Mahakumbh
Tea Point gained significant popularity during the Mahakumbh Mela in Prayagraj, achieving a remarkable feat of selling over 100,000 cups of tea in a single day on peak days. The inspiration behind Tea Point was conceived in 2009 when co-founders Khanna and his student, Amulique Singh Bijral, were sipping hot tea at a café in Mumbai.
The Origin of the Idea
As Professor Khanna from Harvard University recalls, the motivation stemmed from witnessing a young boy selling tea in poor-quality plastic cups on the streets. Known colloquially as “Chotu,” this young vendor was serving low-quality tea to millions while maintaining questionable hygiene standards. This sparked the idea of providing affordable, authentic, and high-quality tea to the masses while also giving Chotus a means of employment.
The First Store Opening
It was this vision that led to the inception of Tea Point. The company’s first outlet opened in 2010 in Koramangala, Bangalore. Today, Tea Point sells over 900,000 cups of fresh tea daily, complemented by a menu of snacks including sandwiches, pakoras, and other delicious items—all priced competitively compared to larger café chains.
Growth and Expansion Plans
Reflecting on the journey, Khanna shared that when he and Amulique started the venture, they had merely five employees working mainly at a single store. Today, the company boasts over 170 outlets, with plans to open an additional 300 stores in the next two years. Currently, Tea Point employs approximately 1,400 staff, with the hiring rate escalating by 6 employees per new store opened.
Daily Sales Figures
Tea Point sells about 900,000 cups of tea daily, particularly high during events like Mahakumbh, where sales peaked at over 100,000 cups on major days. However, this number is gradually declining as the event wraps up.
Ownership Structure and Future Listing
Regarding the company’s IPO plans, Khanna stated, “We are working towards getting listed, aiming for a public offering by May 2026.” Currently, about 25% of the company’s shares are held by the founders, employees, and early investors, while the remaining stake belongs to institutional investors.
Why Invest in Tea Point?
Investors looking for opportunities in the food and beverage industry should consider Tea Point for several reasons:
- Proven Demand: With a record of selling high volumes of tea, especially during peak events, demand for their products remains strong.
- Expansion Potential: The ambitious growth plans signal a roadmap for future profitability and market capture.
- Community Impact: The company not only serves a product but also offers employment opportunities in local communities, enhancing its reputation and customer loyalty.
Conclusion
Tea Point stands out as a promising player in India’s tea industry with significant growth potential. As the company gears up for its IPO in May 2026, investors have a unique opportunity to get involved in a business that combines quality, community impact, and economic potential.