Tatva Chintan Lists At 95% Premium On Stock Market Debut

Jul 29 2021, 4:33 PM
July 29 2021, 10:14 AM
July 29 2021, 4:33 PM
Shares of Tatva Chintan Pharma Chem Ltd., that witnessed the second-most subscription for its initial public offering so far this year, more than doubled on market debut.The specialty chemical maker’s stock listed at Rs 2,111.85 apiece, a premium of 95% to its issue price. The stock saw an intraday high of Rs 2,534.20 and closed the day 113.5% higher at Rs 2,312.2.The Gujarat-based company’s Rs 500-crore issue was subscribed more tha...
Shares of Tatva Chintan Pharma Chem Ltd., that witnessed the second-most subscription for its initial public offering so far this year, more than doubled on market debut.

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