Tattva Chintan IPO allocation status declared, GMP indicating strong listing on July 29
The Tattva Chintan Pharma Chem IPO allotment link has been declared on the official website of intime – linkintime.co.in/MIPO/Ipoallotment.
Bidders can check the status of their application by entering their PAN or Application Number or DP Client ID.
The shares of Tattva Chintan will be credited to the demat accounts of the successful bidders. Refunds to unsuccessful bidders have been initiated.
The shares of Tattva Chintan will be listed on BSE and NSE on Thursday (July 29). An IPO lot of Tattva Chintan consisting of 13 shares was issued at Rs 14,079 (price per share of Rs 1,083).
Tatva Chintan GMP Today
Tattva Chintan shares are trading at a strong premium in the gray market. The GMP indicates that there will be a bumper listing of the shares of Tattva Chintan. Tattva Chintan GMP has been rising steadily and is currently trading at a premium of Rs.1,060 to the issue price.
Tattva Chintan is a specialized chemical manufacturing company. Its IPO received an overwhelming response from investors and was subscribed 180.36 times. The IPO received bids for 58,83,08,396 shares as against 32,61,882 shares on offer. Tattva Chintan was the second best IPO so far this year in terms of investor demand. The IPO of MTAR Technologies was subscribed 201 times in March.
Tattva Chintan is a firm based in Vadodara. It exports most of its products to over 25 countries including the US, China, Germany, Japan, South Africa and the UK.
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