Tatva Chintan Pharma Chem’s Rs 500-crore IPO will finalise basis of allotment on Monday, 26 July 2021. Tatva Chintan IPO saw a whopping 180.36 occasions subscription, becoming the second-most subscribed public problem of the calendar year 2021. In March this year, MTAR Technologies IPO amassed 200 occasions subscription. On Wednesday, the grey marketplace premium shot up to Rs 915 per share. Tatva Chintan shares had been seen trading at Rs 1,998 or 84.5 per cent premium more than the IPO value of Rs 1,083 a share. Equity shares are most likely to make their stock marketplace debut on Wednesday, 29 July 2021.
Tatva IPO received bids for 58.83 crore shares against 32.61 lakh shares on present. The initiation of refunds or unblocking of funds from ASBA accounts will take location on 27 July 2021. While the equity shares will be credited to depository accounts on 28 July 2021. The IPO investors can verify the IPO allotment status through BSE and the registrar’s web sites. The registrar of the problem is Link Intime India Pvt Ltd, a SEBI-registered entity, accountable for the IPO allotment and refund processing.
Analysts say Tatva Chintan Pharma Chem is a niche speciality chemical manufacturing business and is the biggest and only industrial manufacturer of SDAs (structure-directing agents) for zeolites in India. “Company seems to be well placed to capture the opportunity offered in the green chemistry applications through its leadership position in the segments they are present and well equipped to continue its leadership position by offering new products through enhanced thrust on R&D capability building,” Hemang Kapasi, Head of Equities, Sanctum Wealth Management, told TheSpuzz Online.
Check Tatva Chintan Pharma Chem share allotment status through Link Intime India
To verify the share allotment status, pick the business name as ‘Tatva Chintan Pharma Chem — IPO’ from the drop-down list on the Link Intime India web-site, when it gets declared. Check box either PAN, Application Number or Depository/Client ID. Accordingly, enter the permanent account quantity or Application Number or Depository/Client ID in the box. Enter the provided captcha in the offered space and click the submit button. This will show the quantity of shares that have been applied and allotted to the investor.
Check share allotment status in Tatva Chintan Pharma Chem through BSE web-site
Another way to verify the allotment status in Tatva Chintan Pharma Chem is via the BSE web-site (https://www.bseindia.com/investors/appli_check.aspx). Select ‘equity’ as the problem variety, and ‘Tatva Chintan Pharma Chem Ltd’ as the problem name from the drop-down list, when it gets declared. Enter the application quantity and PAN (permanent account quantity). Click on ‘I am not a Robot’. In the last step, click on the search tab to view the status particulars.
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