FREE Account Opening + No Clearing Fees

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

July 16, 2021 - July 20, 2021

Tatva Chintan Pharma IPO is a book built issue of Rs 500.00 crores. The issue is a combination of fresh issue of Rs 225.00 crores and offer for sale of Rs 275.00 crores.

Tatva Chintan Pharma IPO bidding started from July 16, 2021 and ended on July 20, 2021. The allotment for Tatva Chintan Pharma IPO was finalized on Monday, July 26, 2021. The shares got listed on BSE, NSE on July 29, 2021.

Tatva Chintan Pharma IPO price band is set at ₹1073 to ₹1083 per share. The minimum lot size for an application is 13 Shares. The minimum amount of investment required by retail investors is ₹14,079.

ICICI Securities Limited and Jm Financial Limited are the book running lead managers of the Tatva Chintan Pharma IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Tatva Chintan Pharma IPO RHP for detailed information.

Tatva Chintan Pharma IPO Details

IPO Date July 16, 2021 to July 20, 2021
Listing Date July 29, 2021
Face Value ₹10 per share
Price Band ₹1073 to ₹1083 per share
Lot Size 13 Shares
Total Issue Size[.] shares
(aggregating up to ₹500.00 Cr)
Fresh Issue[.] shares
(aggregating up to ₹225.00 Cr)
Offer for Sale[.] shares of ₹10
(aggregating up to ₹275.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Tatva Chintan Pharma IPO Reservation

Tatva Chintan Pharma IPO offers 3,261,882 shares. 931,966 (28.57%) to QIB, 698,975 (21.43%) to NII, 1,630,941 (50.00%) to RII. 125,457 RIIs will receive minimum 13 shares and (sNII) and (bNII) will receive minimum 195 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered931,966 (28.57%)NA
NII (HNI) Shares Offered698,975 (21.43%)
Retail Shares Offered1,630,941 (50.00%)125,457
Total Shares Offered3,261,882 (100%)

Tatva Chintan Pharma IPO Timeline (Tentative Schedule)

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

IPO Open Date Friday, July 16, 2021
IPO Close Date Tuesday, July 20, 2021
Basis of Allotment Monday, July 26, 2021
Initiation of Refunds Tuesday, July 27, 2021
Credit of Shares to Demat Wednesday, July 28, 2021
Listing Date Thursday, July 29, 2021
Cut-off time for UPI mandate confirmation 5 PM on July 20, 2021

Tatva Chintan Pharma IPO Lot Size

Investors can bid for a minimum of 13 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 13 ₹14,079
Retail (Max) 14 182 ₹197,106
Lot Size Calculator

Tatva Chintan Pharma IPO Promoter Holding

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

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

About Tatva Chintan Pharma Chem Ltd

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 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 (Tatva Chintan Pharma IPO Objectives)

  • 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 Review (Apply)

[Dilip Davda]  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 July 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)

Tatva Chintan Pharma IPO Prospectus

Tatva Chintan Pharma IPO Rating

Rating:Rated 4.2 stars
Vote Here ...

Tatva Chintan Pharma IPO Listing Details

Listing Date July 29, 2021
BSE Script Code 543321
Final Issue Price ₹1083 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Tatva Chintan Pharma Chem Ltd Contact Details

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

Phone: +91 75730 46951

Tatva Chintan Pharma IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Tatva Chintan Pharma IPO - Buy or Not

Tatva Chintan Pharma IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 8 2 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

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 share. The minimum order quantity is 13 Shares.

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

Tatva Chintan Pharma IPO lot size is 13 Shares, and the minimum amount required is ₹14,079.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Tatva Chintan Pharma IPO listing date is on July 29, 2021.
Open an Instant Account with Zerodha

Tatva Chintan Pharma IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



1047. rohan sharma |   Link |  Bookmark |August 17, 2021 11:13:03 AM
GMP -170
1046. arunARUN |   Link |  Bookmark |August 11, 2021 8:32:45 AM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
Counter may fall further as buying interest is not there atleast from trading data point of view
1045. RONAKKUMAR PATEL |   Link |  Bookmark |August 11, 2021 6:21:16 AM
Still Payment Not Recd For This IPO App Number 97260444 Pls Release My Paynnet
1044. Mohit saini |   Link |  Bookmark |August 5, 2021 1:10:10 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 |  Bookmark |August 6, 2021 3:47:03 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 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 |  Bookmark |August 8, 2021 4:27:06 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 |  Bookmark |August 5, 2021 11:26:15 AM
IPO amount not refunded plz try to solve this my quiry
1043.1. Navegave |   Link |  Bookmark |August 6, 2021 4:03:11 AM
I have share the procedure to unblock the amount in Mohitsaini message (1044) check it out
1042. Basawaraj |   Link |  Bookmark |August 1, 2021 5:17:32 PM
Tatva Chintan Pharma IPO Amount Still Blocked in Sbi Asba please replay me
1042.1. DEVI |   Link |  Bookmark |August 2, 2021 9:58:36 AM
same bro . I think we should contact back
1041. Robinhud |   Link |  Bookmark |August 5, 2021 1:46:24 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 |  Bookmark |August 5, 2021 2:45:47 PM
I too exactly have the same question. But this forum is dead. I dont think we will get any response.
1040. Aniketiaf |   Link |  Bookmark |July 22, 2021 8:40:09 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
Finally GMP of Tatva is approaching four digits.

1040.9. ColdBurger |   Link |  Bookmark |August 2, 2021 7:45:12 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ 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 |  Bookmark |August 9, 2021 3:55:28 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 |  Bookmark |July 30, 2021 7:25:06 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 |  Bookmark |August 2, 2021 11:35:05 AM
Did your amount unblocked? I have still block amount
1039.2. AJAY BHARGAVA |   Link |  Bookmark |August 2, 2021 1:59:24 PM
Still my amount blocked
1038. lokes |   Link |  Bookmark |July 26, 2021 8:21:18 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
got 2/4 in retail, all four applications were from SBI third party ASBA....feeling lucky :)
1038.15. lokes |   Link |  Bookmark |July 26, 2021 11:49:46 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@sdz: ohh congrats....
@umesh: ya all applied through ASBA from one SBI account
1038.16. Avenue |   Link |  Bookmark |July 27, 2021 10:41:02 AM
got 1 lot in HNI applied 265 lots.
0/3 in RII

Hold or sell ?
1037. Krishna butbhava |   Link |  Bookmark |July 29, 2021 10:43:46 PM
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 |  Bookmark |July 30, 2021 10:50:52 AM
Mail kar do
is id pr
1037.2. DEVI |   Link |  Bookmark |July 30, 2021 11:28:37 AM
mujhe bhi nhi hua refund abhitak , unko cl kiya to wo bol rhe h kee bank se contact kro krk
1036. Rrsen |   Link |  Bookmark |July 29, 2021 5:11:54 PM
Whose didn''t sell today who will happy tomorrow morning for increasing volume 🐎🐎
Best luck
1036.1. Vinay Agravat |   Link |  Bookmark |July 29, 2021 11:45:48 PM
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 |  Bookmark |August 25, 2021 9:44:30 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 |  Bookmark |July 29, 2021 9:02:14 AM
IPO Guru IPO Guru (1500+ Posts, 5700+ 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 |  Bookmark |July 29, 2021 11:41:56 PM
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 |  Bookmark |July 29, 2021 7:51:54 PM
Ranked members.....
Pls tell about tatva lot hold or sell....?
1034.1. DownriteVJ |   Link |  Bookmark |July 29, 2021 8:33:37 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Hold & Hold
1034.2. Vinay Agravat |   Link |  Bookmark |July 29, 2021 10:21:50 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 |  Bookmark |July 29, 2021 9:21:46 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ 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 |  Bookmark |July 29, 2021 10:17:30 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 |  Bookmark |July 29, 2021 5:29:49 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 |  Bookmark |July 29, 2021 6:13:40 PM
Pls koi batao refund kab tak aayega mera aaj 3din hone wale hai. Ya kahi complaint karni padegi.
1032.4. AJAY BHARGAVA |   Link |  Bookmark |July 29, 2021 8:54:02 PM
Bhai mera bhi refund nhi hua aaj 3 din ho gye...
1031. Vada pav Ipo |   Link |  Bookmark |July 29, 2021 5:32:46 PM
Sbi upi lien not removed even after listing at exchanges today
1030. AJAY BHARGAVA |   Link |  Bookmark |July 29, 2021 12:05:57 PM
I didn''t get refund yet, what I do?
1030.1. Vada pav Ipo |   Link |  Bookmark |July 29, 2021 5:29:58 PM
Sbi upi blocked my money in lien worst service
1029. Vada pav Ipo |   Link |  Bookmark |July 29, 2021 5:28:23 PM
Money is blocked in sbi upi lien not removed
1028. CSK |   Link |  Bookmark |July 29, 2021 4:17:15 PM
Top Contributor Top Contributor (300+ Posts, 500 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.