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Tatva Chintan Pharma IPO: Tatva Chintan Pharma To List Tomorrow Should You Subscribe?
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Laxmi Organic Industries shuts down Mahad unit due to unprecedented rains
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Tatva Chintan Pharma Chem Shares In High Demand, IPO Subscribed Over 8 Times Tatva Chintan IPO: Retail investors were seen bidding for Tatva Chintan shares in large numbers as the portion reserved for them was subscribed 7.75 times.
Updated: July 19, 2021 1:01 pm IST
Tatva Chintan IPO: The Company is selling shares in the price band of Rs 1,073-1,083 per share.
Tatva Chintan Pharma Chem shares were in very high demand in the ongoing share sale via initial public offering (IPO) as the issue was subscribed over eight times by 11:40 am on the second day of the issue, data from stock exchanges showed. Tatva Chintan IPO received over 2.71 crore bids for 32.61 lakh shares on the offer, NSE data showed. More than 1.83 crore bids were received at the cut off price.
Tatva Chintan IPO: Tatva Chintan Pharma IPO Opens Today; Here Are Things To Know
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NEW DELHI: While the benchmark equity indices have gained just over 10 per cent returns in the first half of Calendar 2021, a host of 2021 debutants managed to deliver up to 330 per cent returns to investors during this period.
Data showed out of 22 listings so far in 2021, 16 managed to deliver double-digits returns to investors, while eight shot up in excess of 50 per cent.
Five stocks that stood out included Nureca, Easy Trip Planners, Barbeque Nation Hospitality, MTAR Technologies and Laxmi Organic Industries. Many of these companies reported strong earnings for the March quarter (on last year’s lower base).
Shares of Nureca soared 327 per cent since its debut on February 27. At Rs 1,708 on Friday, the scrip was up 4.3 times from issue price of Rs 400. Nureca is a wellness and healthcare company and owns the brand Dr Trust . The company reported 63.3 per cent YoY rise in net profit for March quarter at Rs 3.89 crore on a 0.3 per cent rise in sales at Rs 33.12 crore. Sales f