Tatva Chintan Pharma Chem Ltd IPO: Final SUBSCRIPTION Status, Allotment date, status check online, listing, share credit date and more—All INVESTORS need to know about this issue

Tatva Chintan Pharma Chem Ltd IPO Latest Update: Tatva Chintan Pharma Chem Ltd IPO was a massive hit among investors as the Initial Public Offer was subscribed 180.35 times on Tuesday, July 21, the last date of subscription.  

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Against 32,61,882 reserved shares, bids were made for 58,82,96,241 shares on the last date of the IPO. Retail Individual Investors (RIIs) portion was subscribed 35.34 times, while Non-Institutional Investors (NIIs) was subscribed 512.22 times. In the RIIs category, bids were made for 5,76,39,855 shares as against reserved quota of 16,30,941 shares, while 35,80,28,073 bids were made by NIIs as against available quota of 6,98,975.  

Similarly, Qualified Institutional Buyers (QIBs) was subscribed 185.23 times and against 9,31,966 shares, bids were received for 17,26,28,313 shares.  

Meanwhile, as Tuesday is the last date for subscription, next investors would want to know is the date of allotment of shares and credit of stocks into their Demat account. Below are the key dates and details that you would want to know:

Tatva Chintan Pharma Chem Ltd IPO important dates and Time  

Opening and closing dates:   July 16, 2021 and July 20, 2021.  

Post issue Modification Period – 22 July 2021 between 10am and 11 am    

Cut-off time for UPI Mandate Confirmation – 22 July 2021 up to 12 pm    

Finalisation of share allotment: July 27  

Initiation of refunds: July 28.  

Transfer of shares to demat account: July 29  

Tatva Chintan Pharma Chem Ltd IPO expected listing date: July 30.    

IPO Market Timings – 10 am to 5 pm