Tatva Chintan Pharma Chem IPO: How to check allotment status, listing date and more

• Tatva Chintan Pharma Chem is likely to announce its share allotment status on July 26.
• The issue size of the speciality chemical manufacturer was subscribed 182.04 times on the third and final day of the issue on July 20.
• The company’s IPO has received bids for 58.83 crore equity shares against the IPO size of 32.31 lakh equity shares.

The Gujarat-based speciality chemical manufacturer Tatva Chintan Pharma Chem is likely to announce its share allotment status for its initial public offering (IPO) on July 26.

The IPO was open for subscription from July 16 to July 20 with a price band of ₹1,073-1,083.

The company was looking to raise ₹500 crore including ₹225 crore of fresh equity shares and ₹275 crore of offer for sale (OFS) by promoters and shareholders.

The public issue of the company was a hit among investors, especially from non-institutional investors and qualified institutional buyers. Overall, the issue size of the company was subscribed 182.04 times on the third and final day of the issue on July 20.

The IPO was subscribed much more than that of the recent speciality chemical company Clean Science and Technology’s IPO, which was 95 times.

The IPO has received bids for 58.83 crore equity shares against the IPO size of 32.31 lakh equity shares.

The company manufactures a range of products in speciality chemicals category and serves industries like automotive, petroleum, pharmaceutical, agro chemicals, paints and coatings, dyes and pigments, personal care and flavour and fragrances industries.

Here is how to check Tatva Chintan Pharma Chem IPO allotment status on stock exchange website:

• Go to the BSE website or NSE website here.
• On BSE, Select 'Equity' and then from the dropdown, select 'Tatva Chintan Pharma Chem’.
• Now, enter your application number and PAN.
• Click on 'Search'.
• Please note the details will only be available once the shares are allotted.

You can also visit the registrar website (Link Intime India) to check your application status.

• Visit the registrar's website here.
• Click on 'Select company' and click on ‘Tatva Chintan Pharma Chem’.
• Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
• Enter the captcha and click ’submit’.

Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

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