Latest Breaking News On - தத்வா சிந்தன் பார்மா செம் - Page 6 : comparemela.com
July expiry, volatility and new lifetime highs in the week ahead
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Tatva Chintan Pharma IPO allotment: Check status on BSE, Link Intime, listing, refund Tatva Chintan IPO: Grey Market
indiatvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatvnews.com Daily Mail and Mail on Sunday newspapers.
Tatva Chintan IPO: How to check allotment status, latest GMP and more details
timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
The non-institutional investors portion received bids for 35.80 crore shares as against 6.98 lakh shares on offer.
The initial public offer (IPO) of specialty chemicals manufacturing company Tatva Chintan Pharma Chem received bids for 58.83 crore shares as against 32.61 lakh shares on offer, according to stock exchange data. The issue was subscribed 180.36 times.
The non-institutional investors (NIIs) category was subscribed 512.22 times. The qualified institutional buyers (QIBs) category was subscribed 185.23 times. The retail individual investors (RIIs) category was subscribed 35.35 times.
The issue opened for bidding on Friday (16 July 2021) and closed on Tuesday (20 July 2021). The price band of the IPO was fixed at Rs 1073-1083 per share.
India: Tatva Chintan IPO subscribed 182.04 times on the final day of bidding
photo by Bill Oxford on unsplash
July 21, 2021
The ₹500-crore initial public offering (IPO) of speciality chemicals manufacturer Tatva Chintan Pharma Chem was subscribed 182.04 times on the final day of bidding.
The offer received bids for 593.45 million equity shares against 3.26 million on offer, as per subscription data available with the exchanges.
The portion reserved for retail investors was subscribed 35.68 times, non-institutional investors’ portion was subscribed 516.99 times, while that set aside for qualified institutional buyers was subscribed 186.96 times.
Brokerage firm KR Choksey, in an IPO note, said, “Tatva Chintan has recorded strong growth in terms of revenues and profitability in recent years. Revenues have grown at a cumulative annual growth rate (CAGR) of 21.7% over FY2019-21.”