On 27th December 1861, the first tea auction in India was conducted under the instructions of R Thomas & Company, general brokers, by the firm, Mackenzie Lyall at No.2 Mission Row, Calcutta.

On 19th of February 1862, a second auction was held and conducted by the firm of W Moran & Co at No.5 Bankshall Street. Shortly after this, on 25th February 1862, a third auction took place at the