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Tatva Chintan Pharma Chem’s GMP rises to 64% as IPO opens SECTIONS Share Synopsis Most analysts have advised investors to subscribe to the Rs 500 crore initial public offering (IPO). The price band of the issue has been fixed at Rs 1,073-1,083 a share. Bids can be made for a minimum of 13 shares and in multiples thereafter. iStock The company is going to list at a PE of 41.62 times with a market-cap of Rs 24,00.47 crore, while its peers – namely Aarti Industries and Navin Fluorine International – trade at PE values of 59.54 times and 73.95 times, respectively. Related NEW DELHI: While the frenzy over Zomato IPO hasn’t died down yet, investors and analysts are upbeat about another issue that will open on Friday and run through Tuesday: Tatva Chintan Pharma Chem.

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