Tatva Chintan Pharma Chem IPO may finalise share allotment on Monday; here’s how to check your status

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After getting a robust response to its IPO (initial public offering) from investors earlier this week, Gujarat-based specialty chemical firm Tatva Chintan Pharma Chem is likely to finalise the share allocation on Monday, July 26. The public offer of the company got subscribed over 180 times on the last day of the issue on July 20.

The initial share sale received bids for 58,83,08,396 shares against 32,61,882 shares on offer, as per data available with the stock exchanges. The quota reserved for qualified institutional buyers was subscribed 185.23 times, non-institutional investors 512 times and retail individual investors quota received 35.35 times subscription. The company had fixed a price band of Rs 1,073-1,083 per share.

Meanwhile, shares of online food aggregator Zomato got listed with over 50% gains on the stock exchanges on July 23. IPO frenzy investors are now looking forward to know whether they were lucky enough to get an allotment in a highly subscribed Tatva Chintan Pharma Chem IPO. Here are two options, through which investors can check their application status:

Check IPO allotment on registrar’s website

Go to the website of the IPO registrar, Link Intime India or click on https://linkintime.co.in/IPO/public-issues.html

Select IPO (Tatva Chintan Pharma Chem)

Then, select one of the options from PAN, application number, DP/Client ID, account number or IFSC code. Then enter the necessary details and click on the submit button to know the IPO share allotment status.

Check IPO allotment through BSE website

Go to BSEIndia.com or click

Click on investors > Status of Issue Application > Application Status Check or (visit the link: https://www.bseindia.com/investors/appli_check.aspx)

Select issue type (equity) and Issue Name (Tatva Chintan Pharma Chem).

Enter the application number and PAN Number.

Click on the search button to know the IPO allotment status.