Tatva Chintan IPO: Know the gray market premium of Tatva Chintan IPO, listing date and allotment details

Tattva Chintan’s IPO has been a huge success. People showed so much interest in buying this IPO that it has become the second highest filling IPO of this year. Tatva Chintan Pharma Chem is a specialty chemical company established in 1996. This IPO is subscribed 180 times. In the IPO, 35% was reserved for retail investors. Whereas 35 times more people have bid for this. 50 percent of the share was reserved for QIB ie Qualified Institutional Buyers, against which 185 times the bids have been received. At the same time, 15 percent of the share was reserved for non-institutional investors, while 512 times people have submitted their claim.

gray market premium

The IPO will be listed on the stock market on January 29. But even before this, the data from the gray market has made people bat-bat. Its gray market premium on Monday was around Rs 915 per share. That is, about 85 percent more than the price at which you will get the IPO. In the gray market, the stock of Tattva Chintan was trading at the price of 1998.

Now talk about allotment

Since a lot of people have shown interest in buying Tatva Chintan’s IPO, the competition is very high. The rest of the information is here.

IPO Open Jul 16, 2021
IPO closed Jul 20, 2021
allotment date Jul 26, 2021
Refund for non-receipt of shares Jul 27, 2021
share credit in demat Jul 28, 2021
IPO listing date Jul 29, 2021

Check like this found or not?

First way:

Click on the official website of BSE- (bseindia.com/investors/appli_check.aspx)
Select Equity option in the dropdown
Select IPO Name
Then fill the application and PAN number
Click on the search button, you will know whether IPO was found or not

Another way:

Click on Intime India IPO allotment link (ris.Linkintime.com/ipostatus/)
Select IPO Name
Enter PAN Number, Application ID and DP ID
Search and find IPO found or not

Tattva contemplation business in many countries

Tattva Chintan Company’s business is spread in more than 25 countries including America, Germany, South Africa, China and UK and the company manufactures Dow Chemical and supplies it. The company manufactures Structure Directing Agents (SDA), Phase Transfer Catalyst (PTC), Pharma and Agrochemical Intermediates and other specialty chemicals. The customers of this company are companies operating in sectors like Automotive, Petroleums Agrochemicals, Dyes & Pigments, Paints & Coatings, Pharma and Personal Care.

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