Tatva IPO allotment status

How To Check Tatva IPO Allotment Status?

Reading Time: 2 minutes

Highlights:

  • Tatva IPO allotment status has been declared.
  • Tatva Chintan Pharma’s IPO (Initial Public Offer) became the second most subscribed IPO in 2021 after MTAR Technology.
  • IPO equivalent to Rs 500 crore opened on July 16 and closed on July 20. The market onlookers are expecting a huge gain from the initial offer.

Tatva Chintan Pharma, also called TATVA, is a chemical manufacturing company that is the only commercial manufacturer of SDAs (structure-directing agents) for zeolites in India. They serve customers across various industries, including the automotive, petroleum, pharmaceutical, agrochemicals, paints and coatings, dyes and pigments, personal care, flavor, and fragrances industries. TATVA  also exports products to over 25 countries, including the USA, China, Germany, Japan, South Africa, and the UK. The company is promoted by Chintan Shah, Ajay Patel, and Shekhar Somani. 

Also Read Glenmark Life Sciences IPO Open For Subscription On 27th July

Tatva IPO allotment status is the talk of the day because the company recorded subscriptions that are over 180 times the initial price, thus earning the position of second most subscribed IPO in 2021 after MTAR Technology.

How To Check Tatva IPO Allotment Status?

To check Tatva IPO allotment status, individuals have two official options. You can either check at the BSE website on bseindia.com or the direct BSE link on bseindia.com/investors/appli_check.aspx

You can also check the direct link of the official registrar Link Intime India Private Limited on ris.Linkintime.com/ipostatus/.

Steps To Check On The BSE Website

  • Login on the direct BSE link
  • Enter Tatva Chintan Pharma Chem IPO.
  • Enter your application number.
  • Enter your PAN details.
  • Click at “I’m not a robot”
  • Select and click on the “Submit” button.

Also Read Shyam Metalics IPO Allotment Date To Be Introduced Soon

Steps To Check On The Link Intime’s Website

  • Log in at the direct Link Intime India weblink
  • Select Tatva Chintan Pharma Chem in IPO name
  • Enter PAN number, application number, or DP ID
  • Select and click on the ‘Search’ button.

The results will be shown on the monitor or the phone screen.

The IPO worth Rs 500 crore opened on July 16 and closed on July 20. The tentative date for the Tatva IPO share allotment is 26th July 2021. The reason behind the tremendous keenness of bidders is the constant outpouring in the grey market premium even after the bidding of the public issue was over. 

For more informative updates, visit Finance.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments