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Synopsis The basis of allotment for shares of Tatva Chintan is likely to be finalised by Monday, July 26. The shares of the company are expected to list on Thursday, July 29. The Rs 500 crore issue, which was sold in Rs 1,073-Rs 1,083 price band, received a robust investor response, and was subscribed over 180 times.


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GMP Allotment BoA Messages Tatva Chintan Pharma IPO is a book built issue of Rs 500.00 crores. The issue is a combination of fresh issue of Rs 225.00 crores and offer for sale of Rs 275.00 crores. Tatva Chintan Pharma IPO bidding started from July 16, 2021 and ended on July 20, 2021.


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This means Tatva Chintan Pharma applications of Rs 13770 are being traded in IPO Grey Market at Rs 680 to Rs 720. Despite the fact that this IPO's Grey Market Premium is roughly 75% of the issue price, the 'Kostak' is just 5% of the application value. As can be seen the Kostak is at a much lower %age than GMP.


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What is Tatva Chintan Pharma IPO? Tatva Chintan Pharma IPO is a main-board IPO of [.] equity shares 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.


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As per market observers, Tatva Chintan IPO grey market premium (GMP) is in the range of ₹ 700-730. The grey market is an unofficial platform, wherein trading starts after the announcement of IPO.


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How to check Tatva Chintan IPO allotment status at Link Intime's website.. Tatva Chintan GMP is constantly rising and currently trading at a premium of Rs 1,060 over the issue price. Tatva Chintan is a Vadodara-based firm. It exports most of its products to over 25 countries, including the US, China, Germany, Japan, South Africa, and the UK..


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Tatva Chintan said it exports its products to more than 25 countries, including the US, the UK and China. As much as 75 per cent of the revenue comes from exports. The IPO comprises fresh equity shares worth Rs 225 crore and an offer for sale by the promoters and shareholders worth Rs 275 crore.


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NEW DELHI: The initial public offer of Tatva Chintan Pharma Chem continued to see investor interest on the third day of bidding on Tuesday. The issue was fully subscribed on Day 1 itself. At 5:00 pm, the issue received applications for 58,83,08,396 shares against on offer 32,61,882 shares, meaning a subscription of 180.4 times.


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The latest Grey market premium price (GMP) for Tatva Chintan Pharma IPO were seen up by more than 67.8% and were trading around Rs.720-745 as of today, This means people are expecting it to open on listing day to be at least at Rs.1700 or more.


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Livemint ,Edited By Asit Manohar Tatva Chintan IPO GMP: According to the market observers, Tatva Chintan IPO GMP today is robust ₹710 to ₹720 that means Tatva Chintan shares are available.


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Tatva Chintan Pharma IPO Details: Open Date: Jul 16 2021. Close Date: Jul 20 2021. Total Shares: 4616805. Face Value: ₹ 10 Per Equity Share.


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Tatva Chintan Pharma was listed on the stock exchange on 29-07-2021. The IPO was subscribed 180.36x. The last GMP for Tatva Chintan Pharma IPO was ₹1110, updated on Jul 29th 2021 09:33 AM. As per the last GMP, the expected profit/loss for the IPO was 102.49%.


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The company's IPO had a Grey Market Premium (GMP) of Rs 1000 per share on Saturday. This indicates that the shares were trading on the grey market at around Rs 2073 to Rs 2083 per share against the Rs 1073 to Rs 1083 price band that was allocated for the IPO.. How to check Tatva Chintan IPO allotment status at Link Intime's website. Log in.


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Tatva Chintan Pharma will be open Date 16 July 2021 and close to 20 July 2021.Tatva Chintan Pharma IPO GMP Kostak rate and Subject to Sauda updated as of Today.Tatva Chintan IPO Grey Market Premium has been with high Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.. Tatva Chintan Company is one of the leading global.


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Tatva Chintan Pharma IPO is a public issue of 3,261,882 equity shares. The issue offers 1,630,941 shares to retail investors, 931,966 shares to qualified institutional buyers, and 698,975 shares to non-institutional investors. IPO Investor Categories Qualified Institutional Buyers (QIB)


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Tatva Chintan IPO opened for subscription on July 16 and closed on July 20. Tatva Chintan's IPO was subscribed nearly 180 times on the final day with the the retail segment subscribed 35 times.

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