Latest IPO Update of Tatva Chintan Pharma Chem Ltd: The IPO of Tatva Chintan Pharma Chem Ltd has been very successful with investors, with the initial public offering having been subscribed 180.35 times on Tuesday July 21, last subscription date.

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Against 32.61.882 reserved shares, offers were made for 58.82.96.241 shares on the last date of the IPO. The share of individual retail investors (RII) was subscribed 35.34 times, while that of non-institutional investors (NII) was subscribed 512.22 times. In the RII category, offers were made for 5 76 39 855 shares against a reserved quota of 16 30 941 shares, while 35 80 28 073 offers were made by NIIs out of an available quota of 6 98 975.

Likewise, Qualified Institutional Buyers (QIB) was subscribed 185.23 times and against 9,316,666 shares, offers were received for 17 26 28 313 shares.

Meanwhile, since Tuesday is the last subscription date, future investors would like to know when the shares were granted and when the shares were credited to their Demat account. Here are the key dates and details you would like to know:

Important dates and time of the IPO of Tatva Chintan Pharma Chem Ltd

Opening and closing dates: July 16, 2021 and July 20, 2021.

Post-issue modification period – July 22, 2021 between 10 a.m. and 11 a.m.

Deadline for the confirmation of the UPI mandate – July 22, 2021 until 12:00 p.m.

Finalization of the allocation of shares: July 27

Initiation of reimbursements: July 28.

Transfer of shares to the demat account: July 29

Scheduled listing date for Tatva Chintan Pharma Chem Ltd’s IPO: July 30.

IPO market hours – 10 a.m. to 5 p.m.