Tatva Chintan Pharma, a chemical manufacturing company is coming out with an IPO on July 16 with a Price band of Rs.1073 to 1083 per equity share.

Tatva Chintan Pharma Chem Limited 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.

Financials

Particulars For the year/period ended (₹ in million)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,148.03 2,489.38 1,875.08
Total Revenue 3,062.92 2,646.22 2,068.01
Profit After Tax 522.62 377.89 205.43

Important Information about Tatva Chintan Pharma Chem IPO

IPO Opening Date Jul 16, 2021
IPO Closing Date Jul 20, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹1073 to ₹1083 per equity share
Market Lot 13 Shares
Min Order Quantity 13 Shares
Listing At BSE, NSE

Important Dates about Tatva Chintan Pharma Chem IPO

IPO Open Date Jul 16, 2021
IPO Close Date Jul 20, 2021
Basis of Allotment Date Jul 26, 2021
Initiation of Refunds Jul 27, 2021
Credit of Shares to Demat Account Jul 28, 2021
IPO Listing Date Jul 29, 2021

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