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Tatva Chintan Pharma Chem Ltd IPO (Tatva Chintan Pharma IPO) Detail

Jul 16, 2021 - Jul 20, 2021

Incorporated in 1996, Tatva Chintan Pharma Chem Limited is a chemical manufacturing company that manufactures structure directing agents (SDAs), phase transfer catalyst (PTCs), pharmaceutical and agrochemical intermediates, and other specialty chemicals. It is among the largest manufacturer of SDAs for zeolites in India.

The company serves customers across industries i.e. automotive, petroleum, agrochemicals, dyes and pigments, paints and coatings, pharmaceutical, personal care, and others. Its products are not only sold in India but also export to 25+ countries all over the world such as the USA, Germany, South Africa, China, and the UK. In FY 2020, total export contributed to 76% of total revenue from operations.

Merck, Bayer AG, Ipox Chemicals, Laurus labs, Navin Fluorine International Limited, Atul Limited, Otsuka Chemicals, SRF Limited, Hawks Chemical Company, Firmenich Aromatics Prod Pvt Ltd, and Divi's laboratories are a few of customers of the company. Currently, it has two manufacturing facilities at Ankleshwar and Dahej in Gujarat.

Competitive strengths

  • Leading manufacturer of structure directing agents and phase transfer catalyst.
  • Diversified product portfolio.
  • Global market presence with customer base across industries.
  • Strategically located manufacturing facility in Gujarat with close proximity to Hazira Port.
  • Experienced promoters and managers team.
  • Strong financial performance track record.

Company Promoters:

Ajaykumar Mansukhlal Patel, Chintan Nitinkumar Shah, and Snehkar Rasiklal Somani are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,148.03 2,489.38 1,875.08
Total Revenue 3,062.92 2,646.22 2,068.01
Profit After Tax 522.62 377.89 205.43

Objects of the Issue:

  • Funding capital expenditures requirements for expansion of Dahej manufacturing facility.
  • Funding capital expenditures requirements to upgrade R&D facilities in Vadodara.
  • To meet general corporate purposes.

Tatva Chintan Pharma IPO Details

IPO Opening Date Jul 16, 2021
IPO Closing Date Jul 20, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹1073 to ₹1083 per equity share
Market Lot 13 Shares
Min Order Quantity 13 Shares
Listing At BSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹500.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹225.00 Cr)
Offer for Sale[.] Eq Shares of ₹10
(aggregating up to ₹275.00 Cr)

Tatva Chintan Pharma IPO Tentative Timetable

The Tatva Chintan Pharma IPO open date is Jul 16, 2021, and the close date is Jul 20, 2021. The issue may list on Jul 29, 2021.

IPO Open Date Jul 16, 2021
IPO Close Date Jul 20, 2021
Basis of Allotment Date Jul 26, 2021
Initiation of Refunds Jul 27, 2021
Credit of Shares to Demat Account Jul 28, 2021
IPO Listing Date Jul 29, 2021

Tatva Chintan Pharma IPO Lot Size

The Tatva Chintan Pharma IPO market lot size is 13 shares. A retail-individual investor can apply for up to 14 lots (182 shares or ₹197,106).

Application Lots Shares Amount (Cut-off)
Minimum 1 13 ₹14,079
Maximum 14 182 ₹197,106

Tatva Chintan Pharma IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 79.17%

Tatva Chintan Pharma IPO Review

The company is in a fast forward mode and the issue is reasonably priced. The green chemical industry is fancied by investors across the board. Investment may be considered for short to long term rewards. Read detail review...

Tatva Chintan Pharma IPO Subscription Status (Bidding Detail)

The Tatva Chintan Pharma IPO is subscribed 180.36 times on Jul 20, 2021 5:01:00 PM. The public issue subscribed 35.35 times in the retail category, 185.23 times in the QIB category, and 512.22 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 26.1 times

CategorySubscription (times)
QIB185.23
NII512.22
Retail35.35
Total180.36

Tatva Chintan Pharma IPO Prospectus

Tatva Chintan Pharma IPO Rating

2646
4.2
Rating:Rated 4.2 stars
Vote Here ...

Tatva Chintan Pharma IPO Listing Date

Listing Date Thursday, July 29, 2021
BSE Script Code 543321
NSE Symbol TATVA
Listing In B Group of Securities
ISIN INE0GK401011
IPO Price ₹1083 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹1,083.00
₹2,111.80
₹2,111.80
₹2,486.30
₹2,310.25
NSE
₹1,083.00
₹2,111.85
₹2,111.85
₹2,534.20
₹2,312.20

Company Contact Information

Tatva Chintan Pharma Chem Ltd
Plot No. 502 / 17, GIDC Estate, Ankleshwar,
Bharuch, Gujarat - 393002, India

Phone: +91 75730 46951
Email: cs@tatvachintan.com
Website: http://www.tatvachintan.com/

Tatva Chintan Pharma IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: tatva.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Tatva Chintan Pharma IPO FAQs

Tatva Chintan Pharma IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹500.00 Crores. The issue is priced at ₹1073 to ₹1083 per equity share. The minimum order quantity is 13 Shares.

The IPO opens on Jul 16, 2021, and closes on Jul 20, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Tatva Chintan Pharma IPO using UPI as a payment gateway. Zerodha customers can apply in Tatva Chintan Pharma IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Tatva Chintan Pharma IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Tatva Chintan Pharma IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Tatva Chintan Pharma IPO opens on Jul 16, 2021 and closes on Jul 20, 2021.

Tatva Chintan Pharma IPO lot size is 13 Shares and the minimum order quantity is 13 Shares.

You can apply in Tatva Chintan Pharma IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Tatva Chintan Pharma IPO will be done on Jul 26, 2021, and the allotted shares will be credited to your demat account by Jul 28, 2021. Check the Tatva Chintan Pharma IPO allotment status.

The Tatva Chintan Pharma IPO listing date is on Thursday, July 29, 2021.

Tatva Chintan Pharma IPO Message Board

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2440 Comments

1047. rohan sharma |   Link |Aug 17, 2021 12:13:03 PM
GMP -170
1046. arunARUN |   Link |Aug 11, 2021 9:32:45 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Counter may fall further as buying interest is not there atleast from trading data point of view
1045. RONAKKUMAR PATEL |   Link |Aug 11, 2021 7:21:16 AM
Still Payment Not Recd For This IPO App Number 97260444 Pls Release My Paynnet
1044. Mohit saini |   Link |Aug 5, 2021 2:10:10 AM
Still blocked amount of tatva Chintan ipo is not refund yet.
When will be the amount debit into my bank account??
1044.3. Navegave |   Link |Aug 6, 2021 4:47:03 AM
Brother first of all check ur mandate end date after expiry of your mandate date funds will be automatically released.
If it has not released yet then do following steps
1. Send an email to tatva.ipo@linkintime.co.in they will reply after putting ur email in cc
2. After getting that email take print out of that email and write a letter to your bank branch manager regarding unblocking of money in ur bank account and then attach copy of that email to your letter. And submit it in ur bank branch. After getting your letter ur bank branch manager will send an email (after putting in cc) to your bank dmat department then the dmat department of the bank will release your blocked amount in your account. By following this steps today i got my money back from tatvachintan I hope you understood the things and this will help you.
1044.4. stalingard |   Link |Aug 8, 2021 5:27:06 PM
@ Navegave

My funds are stuck with Axis Bank and they arent in any mood to look into it. Can we complain if yes, who?
1043. Shreyash taware |   Link |Aug 5, 2021 12:26:15 PM
IPO amount not refunded plz try to solve this my quiry
1043.1. Navegave |   Link |Aug 6, 2021 5:03:11 AM
I have share the procedure to unblock the amount in Mohitsaini message (1044) check it out
1042. Basawaraj |   Link |Aug 1, 2021 6:17:32 PM
Tatva Chintan Pharma IPO Amount Still Blocked in Sbi Asba please replay me
1042.1. DEVI |   Link |Aug 2, 2021 10:58:36 AM
same bro . I think we should contact back
1041. Robinhud |   Link |Aug 5, 2021 2:46:24 PM
Does anyone have any idea about why Tatva keeps falling everyday? Will it ever bounce back or should we sell now on loss expecting more loss going forward.
1041.1. mrvasanth |   Link |Aug 5, 2021 3:45:47 PM
I too exactly have the same question. But this forum is dead. I dont think we will get any response.
1040. Aniketiaf |   Link |Jul 22, 2021 9:40:09 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
Finally GMP of Tatva is approaching four digits.

Thanks.
1040.9. ColdBurger |   Link |Aug 2, 2021 8:45:12 PM
IPO Mentor IPO Mentor (600+ Posts, 100+ Likes)
Right I too have same feeling, the extra time they take in allotment is to set the PAN manually! Zomato was biggest IPO this year and how swiftly it get handled!
1040.10. thanks |   Link |Aug 9, 2021 4:55:28 PM
Aniketiaf ji,

Please help, whether tatva hold for long term (2 to 3 years ) or sell....since day one price is going down down....
1039. SK SAIJAD QUADRI |   Link |Jul 30, 2021 8:25:06 PM
Still blocked amount of tatva Chintan ipo is not refund yet.
When will be the amount debit into my bank account??
1039.1. Kiran Gohel |   Link |Aug 2, 2021 12:35:05 PM
Did your amount unblocked? I have still block amount
1039.2. AJAY BHARGAVA |   Link |Aug 2, 2021 2:59:24 PM
Still my amount blocked
1038. lokes |   Link |Jul 26, 2021 9:21:18 PM
IPO Guru IPO Guru (2100+ Posts, 1800+ Likes)
got 2/4 in retail, all four applications were from SBI third party ASBA....feeling lucky :)
1038.15. lokes |   Link |Jul 27, 2021 12:49:46 AM
IPO Guru IPO Guru (2100+ Posts, 1800+ Likes)
@sdz: ohh congrats....
@umesh: ya all applied through ASBA from one SBI account
1038.16. Avenue |   Link |Jul 27, 2021 11:41:02 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
got 1 lot in HNI applied 265 lots.
0/3 in RII

Hold or sell ?
1037. Krishna butbhava |   Link |Jul 29, 2021 11:43:46 PM
Tatva
Refund abhi tk nhi aya
Upi se apply kiya tha kbtk ayega kus pta he kishiko
Or kishi ka amount block he kya
Upi mandate not revoked
1037.1. AJAY BHARGAVA |   Link |Jul 30, 2021 11:50:52 AM
Mail kar do
tatva.ipo@linkintime.co.in
is id pr
1037.2. DEVI |   Link |Jul 30, 2021 12:28:37 PM
mujhe bhi nhi hua refund abhitak , unko cl kiya to wo bol rhe h kee bank se contact kro krk
1036. Rrsen |   Link |Jul 29, 2021 6:11:54 PM
Whose didn''t sell today who will happy tomorrow morning for increasing volume 🐎🐎
Best luck
1036.1. Vinay Agravat |   Link |Jul 30, 2021 12:45:48 AM
Rrsen today London base wealth management company buy big quantity of tatva chintan so what price you prediction till Monday will it break today high and why you so bullish for tomorrow please explain share your view thanks
1036.2. SATISH POOJARY |   Link |Aug 25, 2021 10:44:30 AM
Buy on 28-29th. angel investors lock in period going to end. They will sell and price will fall down. Wait for them to sell.
1035. sonal patel |   Link |Jul 29, 2021 10:02:14 AM
IPO Guru IPO Guru (1300+ Posts, 5300+ Likes)
Good morning all allotted members

Today is a listing day for Tatva chintan...

Listing range for Tatva chintan is 2180 - 2250 rs...

Hold for long term

I hope listing is better than expectations...
1035.1. Vinay Agravat |   Link |Jul 30, 2021 12:41:56 AM
Sonal madam today London base big wealth management company buy 6.5 lakhs shares of tatva chintan so what''s your view on this script for till Monday will it break today high please reply if possible your view is very helpful thanks
1034. Nikunj vsn |   Link |Jul 29, 2021 8:51:54 PM
Ranked members.....
Pls tell about tatva lot hold or sell....?
1034.1. DownriteVJ |   Link |Jul 29, 2021 9:33:37 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Hold & Hold
1034.2. Vinay Agravat |   Link |Jul 29, 2021 11:21:50 PM
DownriteVJ what is your prediction on 2 to 3 days London big wealth management company buy big quantity today will it cross today high please share your view thanks
1033. rsk |   Link |Jul 29, 2021 10:21:46 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
29-Jul-21      TATVA      Tatva Chin Pharm Chem Ltd      PLUTUS WEALTH MANAGEMENT LLP      BUY      650000      2171.74      -
(In addition the usual proprietary broking houses buy/sell on same day)
1033.1. Vinay Agravat |   Link |Jul 29, 2021 11:17:30 PM
Rsk i know this big wealth management company of London what is your prediction on short term 2 to 3 days of tatva chintan share by this huge buying quantity will it cross today high please reply if possible thanks
1032. Banwari verma |   Link |Jul 29, 2021 6:29:49 AM
Muzhe 1 bhi allotment nahi mila mene 2 alag demat se 1 bank account se payment kiya tha 1 ka refund abhi tak nahi aaya pls help me.
1032.3. Banwari verma |   Link |Jul 29, 2021 7:13:40 PM
Pls koi batao refund kab tak aayega mera aaj 3din hone wale hai. Ya kahi complaint karni padegi.
1032.4. AJAY BHARGAVA |   Link |Jul 29, 2021 9:54:02 PM
Bhai mera bhi refund nhi hua aaj 3 din ho gye...
1031. Vada pav Ipo |   Link |Jul 29, 2021 6:32:46 PM
Sbi upi lien not removed even after listing at exchanges today
1030. AJAY BHARGAVA |   Link |Jul 29, 2021 1:05:57 PM
I didn''t get refund yet, what I do?
1030.1. Vada pav Ipo |   Link |Jul 29, 2021 6:29:58 PM
Sbi upi blocked my money in lien worst service
1029. Vada pav Ipo |   Link |Jul 29, 2021 6:28:23 PM
Money is blocked in sbi upi lien not removed
1028. CSK |   Link |Jul 29, 2021 5:17:15 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Fantastic day for the IPO allottees. Shares are listed around 121% and end the day around 115%. I m looking to share for 2600 for the coming weeks or months. I will hold tightly.
Deepak nitrite last year traded around 400 to 600 range. Now almost 2000. Still, People betting DN for 4k for the next few years. DN is not the right peer to compare Tatva. But Tatva having Client, Management and Leaders in their categories. I will hold for a longer duration.