The public issue of Tatva Chintan Pharma Chem Ltd, a specialty chemicals manufacturer, will end on Tuesday (July 20th). If you are planning to invest in this stock, here is your opportunity. This issue was subscribed to 2.46 times on Friday. Retail retail investors (RII) responded well to the Tatva Chintan Pharma Chem IPO on the first day of publication on Friday (July 16). RII has subscribed for over 4.47 hours. Qualified institutional investors (QIB), on the other hand, subscribed 0.50 times at NSE and non-institutional investors 0.38 times.
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Tatva Chintan Pharma Chem Ltd IPO – Important Dates for Investors
- Issuance ends at 5 pm on July 20th.
- According to brokerage firm Edelweiss, the allotment of shares may be finalized on July 27.
- Refunds may start on July 28th.
- Transfer of shares to demat account probably on July 29
- The stock will be listed on July 30th.
Tatva Chintan Pharma Chem Ltd IPO – Everything You Want to Do Now:
- Issuance period-July 16, 2021 to July 20, 2021
- Post-Issue Change Period – July 22, 2021 10 am-11am
- Deadline for UPI Mandate Confirmation – Until 12:00 pm on July 22, 2021
- Issue Size-Initial Public Offering of up to 500cr of shares, including new issuance of up to Rs225cr and offering of up to Rs275 Chlore (OFS)
- Issue Type – 100% Book Building
- Price range – Rs1073 to Rs1083
- Face value-Rs10
- Tick size-Re1
- Bid lot 13 shares and multiples thereof
- Minimum order quantity-13 shares
- Maximum Subscription Amount for Individual Investors-Rs200,000
- IPO Market Timing – 10 am-5pm
Tatva Chintan Pharma Chem Ltd IPO’s Book Running Lead Manager (BRLM) is ICICI Securities Limited, JM Financial Limited. On the other hand, the sponsor bank is ICICI Bank Limited.
The categories of investors allowed to participate in this public issue include FI, IC, MF, FII, OTH, CO, IND, and NOH.
The name of the registrar for the Tatva Chintan Pharma Chem Ltd IPO is Link Intime India Private Limited. You can check the allocation status on this website (https://linkintime.co.in/MIPO/Ipoallotment.html). You can also check the status on the BSE website.
The share allotment will be finalized on July 27 and refunds will begin on July 28. The shares will be transferred to the subscriber’s account on June 29 and will be listed on July 30.
Tatva Chintan Pharma Chem Ltd IPO – Latest subscription update.Know Allocation Date, Where to Check IPO Allocation Status, Refund Date, Listing Date-Click here for all details
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