Tatva Chintan Pharma Chem Ltd IPO: SUBSCRIBED over 14 times on Day 2! Will it beat Zomato IPO figure? Know Allotment status online checking process, listing date and other details

Tatva Chintan Pharma Chem Ltd IPO continued its stellar show on second day of the subscription as it was subscribed whopping over 14 times at 4:15 pm on Monday, showed consolidated details at the National Stock Exchange (NSE).   

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Tatva Chintan Pharma Chem Ltd IPO had received massive response from investors as it was fully subscribed within hours of his opening on Day 1 (Friday). It will be interesting to see if this IPO can beat the massive Zomato IPO numbers, which was subscribed over 38 times.   

On Monday, Retail Individual Investors (RIIs) subscribed the issue 22.91 times as retail potion saw bids of 3,73,71,204 shares as against allotted portion of 16,30,941 stocks   

Similarly, Non-Institutional Investors also participated enthusiastically as their quota saw 9.84 times subscription with 68,80,172 shares as against quota pf 6,98,975 shares. Likewiese, Qualified Institutional Buyers(QIBs) quota also subscribed 1.75 times as QIBs only made bid for 16,32,657 shares as against their allotted quota of 9,31,966 shares.   

Also, those who want to know about its allotment details should know that the status will be known on July 27. The Investors can check their allotment status on BSE official website or through the link: https://linkintime.co.in/MIPO/Ipoallotment.html, which is the URL of registrar of Tatva Chintan Pharma Chem Ltd IPO—Link Intime India Private Limited.   

Earlier, Tatva Chintan Pharma Chem Ltd IPO opened on July 16, 2021 amid massive response and will , closes on July 20, 2021.  
 

Tatva Chintan Pharma Chem Ltd IPO other important dates 

Tatva Chintan Pharma Chem Ltd Initiation of refunds: July 28. 

Tatva Chintan Pharma Chem Ltd IPO transfer of shares to demat account: July 29 

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

Tatva Chintan Pharma Chem Ltd IPO – All you want to now:       

Tatva Chintan Pharma Chem Ltd IPO Key Details:   

Symbol - TATVA   

Issue Period - 16 July 2021 to 20 July 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   

Issue Size - Initial Public offer of equity shares aggregating up to Rs 500 cr comprising a fresh Issue of up to Rs 225 cr and an Offer for Sale (OFS) of up to Rs 275 crore   

Issue Type – 100 per cent Book Building   

Price Range – Rs 1073 to Rs 1083   

Face Value - Rs 10   

Tick Size - Re 1   

Bid Lot 13 equity shares and in multiples thereof   

Minimum Order Quantity - 13 equity shares   

Maximum Subscription Amount for Retail Investor - Rs 200,000   

IPO Market Timings – 10 am to 5 pm