Tatva Chintan is likely to finalise the basis of allotment for shares on Monday, July 26. Tatva Chintan Pharma’s Rs 500 crore initial public offering (IPO) consisted of a fresh issue of shares worth Rs 225 crore and an offer of sale aggregating to Rs 225 crore by the existing promoters and shareholders. The shares are likely to beĀ listed on Thursday, July 29.
Tatva Chintan Pharma’s IPO was subscribed 180.36 times. The portion reserved for retail individual investors was subscribed 35.35 times, the portion set aside for the qualified institutional buyers (QIB) was subscribed 185.23 times and the portion reserved for non-institutional investors (NII) was subscribed 512.22 times – the highest among the three groups of investors.
How to check the share allotment status on the registrar’s website
Go to the web portal of Link Intime India
Select the IPO in the dropbox
Select one of the three: Application number, Client ID or PAN ID
In application type, choose between ASBA and non-ASBA
Enter the details
Fill the captcha
Hit the ‘submit’ button
How to check the share allotment status on the website of BSE
Visit https://www.bseindia.com/investors/appli_check.aspx
Under the issue type, Select Equity
Under the issue name, select Tatva Chintan Pharma Chem in the drop box
Type the application number
Add PAN card number
Click on ‘I am not a Robot’ and hit the ‘submit’ button