Tatva Chintan Pharma Chem Ltd IPO Message Board (Page 52)

Tatva Chintan Pharma Chem IPO – *Market’s Current Estimates of oversubscription*:

NII = 15KCrs. = ~222.22X
RII = 20L Forms = 18.45X Applic. wise (Avg allotment of ~0.76 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *159.25paise for 1X*

Thus, for NII the costing = 222.22 X 159.25 paise = Rs.353.90 per share (= GMP)

And, for RII the costing = 353.90 X 0.76 = Rs.268/- (= Kostak)


Tatva Chintan Pharma Chem IPO – *GMP Estimated*
GMP 450 +/- 2
Kostak 340 +/- 10
Subject 2 @5,350/-

AA TRADELINK ..SME IPO ANY IDEA

no less than 25/26 lakh retail application.

Tatva Chintan Pharma Chem IPO – Issue Information *(Tentative)*

Issue Opens on: 16 July 2021
Issue Closes on: 20 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 43,35,260 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.1,035 – Rs.1,038 Share
Discount: NIL
Market Lot: 14 Shares
Listing At: NSE, BSE

Gmp : 565
Kostak : 300
S2 : 6500

how many days before rhp should get filed. ?
today 12th issue opens 16th /
sebi not showing rhp filed.

Anyone knew Peer of Tatva Chintan is not mentioned in DRHP even I expect it can''t mentioned in RHP as well after 3-4 days

But this unlisted peer is now full on demand

Bhai I mentioned unlisted peers that no one posts yet.

Listed to hun DRHP aur RHP me dekh chuke he

Yes credited
Good buy at listing at lower levels
As few will get allotment

S2 4600

Tatva
premium 560
Subject 7000/-
Normal 275 /-

Please let us know about price band also.

Tatva Chintan Pharma IPO

GMP:- Rs.385/-

Itn chhota ipo hai pata nahi milega bhi ke nahi.

@BOOM

Off course Tatva but very tough allotment in Retails

Only 225 crores

Only 225 Crores🤔🤔
Bej raha hu Income tax officer ko aapke yaha🙃

App wise subscription will be 21 Times...

App will subscription will be 21 Times

GMP

GMP PLEASE

TATVACHINTAN IPO
100% STACK IN PROMOTER HAND SHARES--->> 2,00,87,500
225 CR OFS ---->> 2250000000/1035 = PROMOTER SOLD 21,73,913 SHARES
225 CR FRESSH ISSUE ---->> 2250000000/1035 = NEW SHARES 21,73,913
AFTER IPO TOTAL SHARE 2,00,87,500 + 21,73,913 = 2,22,61,413 SHARES

NOW CALCULATE THE MCAP AT THE PRICE OF 1035--> 2,22,61,413 X 1035 = 2304,05,62,455

APPROX 2304 CR.

PRE ISSUE PROMOTER HOLDING 100%
POST ISSUE PROMOTER HOLDING WILL BE 90.25%

THANKS TO ALL

Will we get Zomato refund in time for this.

VMaru sorry galti se likh diya agar Zomato 14 ko khulega or 17 tak hai to refund me kam se kam 1 week to lagega.

@INDIAWAY Thanks for the response.

Upper Price Band Tentative : Rs. 1035
Dates Tentative : 16,19,20 July 2021 or 19,20,21 July 2021
Retail Quota 35% eg Rs. 157.50 crore

Premium Rs. 575/600
Application Rates : Rs. 300
Subject to Rates : Rs. 6000

in that case most probably the dates will be from 16th to 20th July.

Application bechne me hi bhalayi lag rahi hai.

Is this ipo is long term??

Tatva Chintan Pharma Chem IPO – Schedule *(Tentative)*

13th July – Announcement of Price Band
15th July – Anchor Investors Allotment
16th July – Offer Opens
20th July – Offer Closes
26th July – Finalisation of Basis of Allotment
27th July – Unblocking of ASBA Accounts
28th July – Credit of Equity Shares to Depository Accounts
29th July – Commencement of Trading


Tatva Chintan Pharma Chem IPO – Issue Information *(Tentative)*

Issue Opens on: 16 July 2021
Issue Closes on: 20 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 43,35,260 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.1,035 – Rs.1,038 Share
Discount: NIL
Market Lot: 14 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,00,87,500 Shares
Fresh Issue of 21,67,630 Shares @1,038/- = Rs.225Crs
Offer for Sale of 21,67,630 Shares @1,038/- = Rs.225Crs
Equity Shares outstanding after the Issue = 2,22,55,130 Shares

Category-wise Break up:
Anchor – 13,00,578 Shares = 135.00Crs
QIB – 8,67,052 Shares = 90.00Crs
NII – 6,50,289 Shares = 67.50Crs
RII – 15,17,341 Shares = 157.50Crs (Lot size: 14 = 1,08,382 Forms)
Total Issue – 43,35,260 Shares = 450.00Crs.

Subscription required for 1X
RII = 1,08,382 Forms
NII = 67.50 Crs


Tatva Chintan Pharma Chem IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus Dated March 31, 2021 (368 pages)

EPS for FY17-18 >>> Rs.06.12 (Page #89 of DRHP)
EPS for FY18-19 >>> Rs.10.23 (Page #89 of DRHP)
EPS for FY19-20 >>> Rs.18.81 (Page #89 of DRHP)
EPS for 9M20-21 >>> Rs.15.50 (Page #89 of DRHP)

RoNW for FY17-18 >>> 20.79% (Page #90 of DRHP)
RoNW for FY18-19 >>> 25.78% (Page #90 of DRHP)
RoNW for FY19-20 >>> 32.11% (Page #90 of DRHP)
RoNW for 9M20-21 >>> 21.52% (Page #90 of DRHP)

NAV as on December 31, 2020 was Rs.72.05 (Page #90 of DRHP)

Listed Industry Peer Group (Page #90 of DRHP): Aarti Industries, Navin Fluorine International, Alkyl Amines Chemicals, Vinati Organics, Fine Organics Industries

For those who care beyond the GMP (based on FY21 consolidated financials & post-money (top end of the price band)):
            
RoCE (%): 17.6%
RoE (%): 31.5%
                        
EV / Revenue (X): 7.5x
EV / EBITDA (X): 34.4x
P / E (X): 45.9x

Market lot was 13

GMP 500+

Very well business and well known company in Gujarat in speciality chemicals..
In current times demand level of speciality chemical is very high...
Apply with full force in this ipo...and try your luck..

Gmp traded very actively around 480 rs...

Gmp of tatva chintan is 480 - 485 rs ..
Traded very aggressively...

Good specialty chemical company with sound financial record. Small size ipo and listing gain will be very very good.
Apply with full force for good listing gain

Issue is only for 450 crores