Tatva Pharma IPO Subscription Status

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Last updated on July 21st, 2021 at 02:33 pm

Tatva Pharma IPO Subscription Status

What is the Subscription status for Tatva Pharma IPO?

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Subscription Status {no. of times (x)}
Particulars Shares Offered 16th July 19th July 20th July
QIB 9,31,966 0.50 1.97 185.23
NII 6,98,975 1.14 12.12 511.22
Retail 16,30,941 8.24 23.60 35.34
Employees
Total 32,61,882 4.51 14.95 180.35

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Tatva Pharma IPO Offer Details

How much is the retail category subscribed?

The retail category has been subscribed by 35.34 x on the last day of the offer.

Tatva Pharma -Should you subscribe?

What is the GMP for Tatva Pharma IPO?

GMP of Tatva Pharma IPO has risen to 65% i.e. at Rs 700-720 per share.

How much amount is raised from the anchor investors ahead of IPO?

Tatva Pharma has already raised Rs 150 crore from the anchor investors ahead of the IPO.

Who are the anchor investors for Tatva Pharma?

Tatva Chintan Pharma sold 13.85 lakh equity shares to anchor investors. Goldman Sachs, HSBC, Axis Mutual fund, Malabar India Fund, Nippon Life India, Abu Dhabi Investment Authority and Nomura Funds have each bought more than 6% of the anchor book portion. 47% or 6.46 lakh equity shares have been sold to seven domestic mutual funds which include ICICI Prudential, HDFC AMC, Axis Mutual Fund, Aditya Birla Sun Life, SBI, Nippon India, and Mirae Asset Hybrid.

When will the shares be credited to the Demat account?

Important dates for Tatva Pharma?

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Tatva Pharma IPO Allotment and Listing
Basis of Allotment 26-Jul-21
Refunds 27-Jul-21
Credit to Demat Account 28-Jul-21
Listing Date 29-Jul-21

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CA Priyanka Choudhary Jain

 

Disclaimer: The above content is for general info purpose only and does not constitute professional advice. The author/ website will not be liable for any inaccurate / incomplete information and any reliance you place on the content is strictly at your risk.

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