• Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • DMCA
  • Terms of Use
Thursday, August 11, 2022
NEW EXPRESS NEWS
  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE
No Result
View All Result
  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE
No Result
View All Result
NEW EXPRESS NEWS
No Result
View All Result

Tatva Chintan IPO GMP, Tatva Chintan IPO Allotment Date, Tatva Chintan IPO listing date, Tatva Chintan IPO Grey Market

by NEWS DESK
July 21, 2021
in BUSINESS
0 0
0
0
SHARES
3
VIEWS
ShareShareShareShareShare
Image Source : TATVACHINTAN.COM

Tatva Chintan IPO subscribed 35 times in Retail category: Check Allotment, GMP, Listing Date

Tatva Chintan Pharma Chem IPO has received a massive investor response, getting subscribed a whopping 180.36 times. The IPO received bids for 58,83,08,396 shares against 32,61,882 shares on offer, as per data available with the NSE.

The portion meant for qualified institutional buyers (QIBs) was subscribed 185.23 times, those reserved for non-institutional investors a whopping 512.22 times and retail individual investors (RIIs) quota received 35.35 times subscription.

Tatva Chintan Pharma Chem is a specialty chemical manufacturing company. Its IPO aggregating up to Rs 500 crore comprised a fresh issue of up to Rs 225 crore and an offer for sale of up to Rs 275 crore. Its price range was at Rs 1,073-1,083 per share. The company garnered Rs 150 crore from anchor investors. The IPO was fully subscribed within hours of opening on Friday.

Tatva Chintan IPO GMP

In the grey market, Tatva Chintan IPO is commanding a strong premium. The unlisted shares of Tatva Chintan are trading at a premium of Rs 700-730 over the issue price apiece. 

Tatva Chintan IPO allotment status will be out by Monday evening. Investors can check their allotment status on … The refund will be initiated on Tuesday and shares will be credited into demat account on Tuesday and Wednesday. The shares of Tatva Chintan will be listed on the BSE and NSE on Tuesday (July 29).

The Vadodara-based firm exports most of its products to over 25 countries, including the US, China, Germany, Japan, South Africa, and the UK.

The company said that proceeds from the fresh issue will be used towards funding capital expenditure requirements for expansion of the company’s Dahej manufacturing facility; up-gradation of a research and development facility in Vadodara, and general corporate purposes.

READ MORE: What is Neobank? All you need to know

READ MORE: Glenmark Life Sciences IPO to open for subscription on July 27. Check details

 

Latest Business News


Credit: Source link

Previous Post

Giannis Antetokounmpo wins NBA Finals MVP, dubbed ‘new king of the NBA’

Next Post

Pension fund managers will soon be allowed to invest in IPOs, NSE-200 companies

Related Posts

BUSINESS

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

August 10, 2022
0
BUSINESS

Governor Bhagat Singh Koshyari confers Dr Heramb Shelke with Maharashtra Leadership Award 2022

August 10, 2022
0
BUSINESS

Govt withdraws airfare cap with effect from August 31 flight tickets price to rise

August 10, 2022
0
BUSINESS

Defence Expo 2022 to be held in Gandhinagar Gujarat dates schedule

August 8, 2022
0
BUSINESS

Ford India to sell its Gujarat plant for Rs 725.7 cr to Tatas

August 8, 2022
0
BUSINESS

Rupee falls 40 paise to close at 79.64 against US dollar

August 8, 2022
0
Next Post

Pension fund managers will soon be allowed to invest in IPOs, NSE-200 companies

Browse by Category

  • arts and entertainment
  • BUSINESS
  • EDUCATION
  • EUROPE
  • GULF NEWS
  • HEALTH
  • INDIA
  • LIFESTYLE
  • NEWS
  • RELIGIOUS
  • SCIENCE
  • SPORTS
  • TECHNOLOGY
  • Uncategorized
  • US NEWS
  • WORLD
NEW EXPRESS NEWS

Follow Us

  • MALAYALAM NEWS

© 2020 NEW EXPRESS NEWS

  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE

© 2020 NEW EXPRESS NEWS

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In