Tatva Chintan Pharma Chem Ltd IPO

Tatva Chintan Pharma Chem Limited Incorporated in 1996, Company is a chemical manufacturing company that manufactures structure-directing agents (SDAs), phase transfer catalyst (PTCs), pharmaceutical and agrochemical intermediates, and other specialty chemicals. It is among the largest manufacturer of SDAs for zeolites in India.

The company serves customers across industries i.e. automotive, petroleum, agrochemicals, dyes and pigments, paints and coatings, pharmaceutical, personal care, and others. Its products are not only sold in India but also export to 25+ countries all over the world such as the USA, Germany, South Africa, China, and the UK. In FY 2020, total export contributed to 76% of total revenue from operations.

Merck, Bayer AG, Ipox Chemicals, Laurus labs, Navin Fluorine International Limited, Atul Limited, Otsuka Chemicals, SRF Limited, Hawks Chemical Company, Firmenich Aromatics Prod Pvt Ltd, and Divi’s laboratories are a few of customers of the company. Currently, it has two manufacturing facilities at Ankleshwar and Dahej in Gujarat.

Competitive Strengths

  • Leading manufacturer of structure directing agents and phase transfer catalyst.
  • Diversified product portfolio.
  • Global market presence with customer base across industries.
  • Strategically located manufacturing facility in Gujarat with close proximity to Hazira Port.
  • Experienced promoters and managers team.
  • Strong financial performance track record.

Tatva Chintan Pharma Chem Ltd IPO Tentative Timetable

ParticularDate
IPO Open Date16 July 2021
IPO Close Date20 July 2021
Allotment Date26 July 2021
IPO Listing Date29 July 2021

Tatva Chintan Pharma Chem Ltd IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 1073 to Rs. 1083 Per Equity Share
Market Lot13 Share
NSE Symbol
BSE Symbol
ISIN Code
Listing AtNSE, & BSE
Issue SizeApprox. Rs. 500 Crore.

Tatva Chintan Pharma Chem Ltd IPO Lot Size

ApplicationLotsSharesAmount
Minimum113Rs. 14079
Maximum14182Rs. 197106

Tatva Chintan Pharma Chem Ltd IPO Allotment Status

Click Here To Check IPO Allotment Status Tatva Chintan Pharma Chem Ltd IPO.

Click Here To Get ASBA Forms Tatva Chintan Pharma Chem Ltd IPO.

Company Financials:

Particular31 March 202131 March 202031 March 2019
Total Assets3148.032489.381875.08
Total Revenue3062.922646.222068.01
Profit After Tax522.62377.89205.43
For the year/period ended (₹ in million)

Company Promoters:

Ashok Ramnarayan Boob, Krishnakumar Ramnarayan Boob, Siddhartha Ashok Sikchi, and Parth Ashok Maheshwari are the company promoters.

Objects of this Issue:

The net IPO proceeds will be used for the following purposes;

  • To make an offer for sale of equity shares aggregating to Rs. 1,5466.22 million.
  • To achieve the share listing benefits on the BSE and NSE.

Registrar & Company Details

Company Contact InformationIPO Registrar
Tatva Chintan Pharma Chem Ltd
Plot No. 502 / 17, GIDC Estate, Ankleshwar,
Bharuch, Gujarat – 393002, India
Phone: +91 75730 46951
Email: cs@tatvachintan.com
Website: http://www.tatvachintan.com/
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: cleanscience.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

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