There are chances that the much-hyped LIC IPO may not be as colossal as was expected before. Earlier analysis pegged the issue size at Rs 8-10 crore, making it the largest IPO launched in the country, which might reduce to Rs 45,000-55,000 core depending on valuation. It is the third time that the market has …
Established in 1996, Tatva Chintan Pharma Chem Ltd. is a leading chemical manufacturing company. Tatva Chintan Pharma products mostly include SDAs, PTCs, agrochemical intermediates, and other speciality chemicals. Apart from India, its products are also available in 25+ nations, including the USA, Germany, China, and the UK. Tatva Chintan Pharma has two manufacturing units in …
The second week of July has proved to be a busy one in terms of companies going public and their share allotments being disclosed. Initial public offering (or IPO) dealings are in full swing, and this week is crucial for those interested in understanding the status of the share allotment for IPOs brought forth by …
Tatva Chintan Pharma Chem Limited, a Gujarat-based Pharmaceuticals and Chemicals Company, is gearing up to launch its IPO. The Tatva Chintan Pharma IPO listing date has been finalised, and it will open on 16 July 2021 and close on 20 July 2021. The expected price band of this IPO is Rs. 1073 – Rs. 1083 per …
Established in 1956, the Life Insurance Corporation of India is the biggest state-run life insurer. Finance Minister Nirmala Sitharaman had announced the proposal to sell minority shares of LIC through IPO launch during the budget session of fiscal year 20-21. The Cabinet Committee on Economic Affairs (CCEA) has cleared a proposal for LIC IPO in a …
Investors continue to make bids for shares of Zomato on day 2 of the company’s initial public offering. As of 5pm on July 15 2021, the issue has been subscribed 4.79 times, receiving bids for 3,45,13,40,880 shares. Backed by Ant Group, Zomato is the first online food aggregator in India. Moreover, it is the first …
PayMate, a leading payment solutions firm backed by Visa and Lightbox, is planning to file a domestic initial public offering. With this move, it will join a clutch of tech firms heading towards an IPO. What’s happening? PayMate has started its preliminary discussions with investment banks for a prospective listing. If this plan pans out, …
Zomato IPO has opened on 14 July 2021. The online restaurant aggregator had announced its plans to raise more than $560 million from anchor investors before its IPO. India’s top online food delivery platform, on Tuesday, informed that it has raised $562.3 million from 186 anchor investors. The amount raised comprises about 45% of its total …
On July 15 2021, Chemspec Chemicals filed preliminary papers with SEBI to raise Rs. 700 crores via an Initial Public Offering. As per its DRHP, the public issue will consist of an offer for sale by promoters and certain shareholders. Mitul Vora and Rushabh Vora will offer shares worth Rs. 233.30 crore each. The offer …
Tatva Chintan Pharma IPO has been opened to investors for subscription on 16 July 2021. It received a strong response right off the bat, especially from the retail investors. The shares allotted for the retail section were subscribed within two hours of the first bidding day. As of 5 pm, this specialty chemical manufacturing company’s …
