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Joined in 1996, Tatva Chintan Pharma Chem Limited is a synthetic assembling organization that produces structure coordinating specialists (SDAs), stage move impetus (PTCs), drug and agrochemical intermediates, and other forte synthetic compounds. It is among the biggest producer of SDAs for zeolites in India.
The organization serves clients across businesses for example car, oil, agrochemicals, colors and shades, paints and coatings, drug, individual consideration, and others. Its items are sold in India as well as fare to 25+ nations all around the world like the USA, Germany, South Africa, China, and the UK. In FY 2020, absolute fare added to 76% of all out income from activities.
Merck, Bayer AG, Ipox Chemicals, Laurus labs, Navin Fluorine International Limited, Atul Limited, Otsuka Chemicals, SRF Limited, Hawks Chemical Company, Firmenich Aromatics Prod Pvt Ltd, and Divi’s exploration offices are two or three customers of the association. At present, it has two assembling offices at Ankleshwar and Dahej in Gujarat.
Subscription Dates | 16 – 20 July 2021 |
Price Band | INR1,073 – 1,083 per share |
Fresh issue | INR225 crore |
Offer For Sale | INR275 crore |
Total IPO size | INR500 crore |
Minimum bid (lot size) | 13 shares |
Face Value | INR10 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
| FY2018 | FY2019 | FY2020 | FY2021 |
Revenue | 137.3 | 206.8 | 264.6 | 306.3 |
Expenses | 118.3 | 180.2 | 217.0 | 245.6 |
Comprehensive income | 12.3 | 20.5 | 37.6 | 52.4 |
Margin (%) | 9.0 | 9.9 | 14.2 | 17.1 |
Earnings Per Share (EPS): INR26.02
Price/Earnings (PE ratio): 41.24 – 41.62
Return on Net Worth (RONW): 31.49%
Net Asset Value (NAV): INR82.62 per share
Date | Tatva Chintan IPO GMP | Kostak | Subject to Sauda |
28 July 2021 | INR1,150 | – | – |
27 July 2021 | INR1,100 | – | – |
26 July 2021 | INR1,000 | INR450 | INR8,800 |
23 July 2021 | INR900 | INR450 | INR7,800 |
22 July 2021 | INR800 | INR450 | INR7,300 |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Tatva Chintan Pharma Chem Ltd | Jul 29, 2021 | 1083 | 2310.25 | 113.32% |
NSE :TATVA
ISIN CODE :INE0GK401011
BSE :543321
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IPO Opening Date: 16 July 2021
IPO Closing Date: 20 July 2021
Finalisation of Basis of Allotment: 26 July 2021
Initiation of refunds: 27 July 2021
Transfer of shares to demat accounts: 28 July 2021
Listing Date: 29 July 2021
Tatva Chintan Pharma Chem Limited
Plot No. 353, Makarpura GIDC,
Vadodara, Gujarat – 390 010
Phone: +91 75748 48533
Email: cs@tatvachintan.com
Website: www.tatvachintan.com
Link Intime India Private Limited C-101,
1st Floor,247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: tatva.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 9,31,966 | 0.51 | 1.97 | 185.23 |
NII | 6,98,975 | 1.13 | 12.21 | 512.22 |
Retail | 16,30,941 | 8.25 | 23.75 | 35.35 |
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Total | 32,61,882 | 4.51 | 15.05 | 180.36 |
Tatva Chintan Pharma IPO is a main-board IPO of the face value of ₹10 aggregating up to ₹500.00 Crores. The issue is priced at ₹1073 to ₹1083 per equity share. The minimum order quantity is 13 Shares.
The IPO opens on Jul 16, 2021, and closes on Jul 20, 2021.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Tatva Chintan Pharma IPO opens on Jul 16, 2021 and closes on Jul 20, 2021.
Tatva Chintan Pharma IPO lot size is 13 Shares and the minimum order quantity is 13 Shares.
Tatva Chintan Pharma IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for Tatva Chintan Pharma IPO will be done on Jul 26, 2021, and the allotted shares will be credited to your demat account by Jul 28, 2021. Check the Tatva Chintan Pharma IPO allotment status.
The Tatva Chintan Pharma IPO listing date is on Thursday, July 29, 2021.
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