- IPO of the Tatva Chintan Pharma Chem was bought on an astounding 180.36 occasions 32.61 lakh shares.
- The offers which are to be assigned for the qualified institutional purchasers (QIBs) was bought on 185.23 occasions.
Tatva Chintan Pharma Chem IPO shares apportioning status: The initial public offering (IPO) of the forte synthetic assembling organization Tatva Chintan Pharma Chem was bought on an astounding 180.36 occasions 32.61 lakh shares that were on the proposal during the membership time frame from July 16-20, 2021. The value band was fixed at Rs 1,073-1,083 for each offer.
Tatva Chintan IPO got offers of over 58.83 crores (58,83,08,396) shares against the all-out issue size of over 32.61 lakh (32,61,882) shares, information accessible with the National Stock Exchange (NSE) showed.
The offers which are to be assigned for the qualified institutional purchasers (QIBs) was bought on 185.23 occasions, while those of non-institutional financial backers was bought on 512.22 occasions and that of retail singular financial backers (RIIs) was bought on 35.35 occasions; the information showed.
The IPO of the Vadodara-based strength synthetic assembling firm has a size of Rs 500 crore. It involved Rs 225 crore through new offers and the excess Rs 275 crore through a proposal available to be purchased (OFS) by the current financial backers.
Financial backers are presently anticipating the offer apportioning date of the Tatva Chintan IPO. Therefore, the synthetic strength creator should conclude the allocation by Monday, July 26, 2021, according to the timetable given in the distraction outline (RHP).
If you have applied for the Tatva Chintan Pharma Chem IPO, then, at that point, here are how you can check the situation with your portion when it gets pronounced:
The apportioning status will get refreshed on the site of the recorder of the IPO, which for this situation is Link Intime India (Click here: https://linkintime.co.in/MIPO/Ipoallotment.html).
Candidates should choose Tatva Chintan Pharma Chem Limited – IPO in the drop-down menu and enter either their PAN, application number or DP Client ID. furthermore, click on search to see their allocation status.
Aside from the recorder’s site, candidates can likewise check the situation with their apportioning on the BSE site (Click here: https://www.bseindia.com/financial backers/appli_check.aspx).
Here, they should choose Equity in Issue Type, then, at that point, select TATVA CHINTAN PHARMA CHEM LTD starting from the drop list in the Issue Name segment, enter their Application Number and PAN Number in the individual boxes and afterwards click on search to see their status.
The posting of portions of Tatva Chintan Pharma Chem will probably occur on Thursday, July 29, 2021, on both the NSE and BSE.
ICICI Securities and JM Financial were the book-running lead administrators to the offer.