Tatva Chintan Pharma Chem Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Tatva Chintan Pharma Chem Ltd IPO
Registered Office: No 502/17 GIDC Estate,Ankleshwar , Bharuch - 393002 , Gujarat , India. Phone : +91-75730-46951/46952 Fax: Email : cs@tatvachintan.com Website : www.tatvachintan.com
Initial public offering of 4,616,804 equity shares of face value of (Rs)10 each ("equity shares") of Tatva Chintan Pharma Chem Limited ("the company" or the "issuer") for cash at a price of (Rs)1,083 per equity share (including a premium of (Rs)1,073 per equity share) ("offer price" aggregating to (Rs)500 Crores. The offer comprises of a fresh issue of 2,077,562 equity shares aggregating to (Rs)225 Crores ("fresh issue") and an offer for sale of 2,539,242 equity shares aggregating to (Rs)275 Crores, comprising 215,143 equity shares aggregating to (Rs)23.30 Crores by Ajaykumar Mansukhlal Patel, 751,616 equity shares aggregating to (Rs)81.40 Crores by Chintan Nitinkumar Shah, and 674,054 equity shares aggregating to (Rs)73 Crores by Shekhar Rasiklal Somani (collectively the "promoter selling shareholders") and 95,106 equity shares aggregating to (Rs)10.30 Crores by Darshana Nitinkumar Shah, 315,789 equity shares aggregating to (Rs)34.20 Crores by Priti Ajaykumar Patel, 315,789 equity shares aggregating to (Rs)34.20 Crores by Ajay Mansukhlal Patel Huf, 101,570 equity shares aggregating to (Rs)11 Crores by Kajal Shekhar Somani, 10,157 equity shares aggregating to (Rs)1.10 Crores by Shitalkumar Rasiklal Somani, and 60,018 equity shares aggregating to (Rs)6.50 Crores by Samirkumar Rasiklal Somani (collectively The "promoter group selling shareholders", and together with the promoter selling shareholders, the "selling shareholders") (the "offer for sale", and together with the fresh issue, the "offer"). The offer constitutes 20.83% of the post-offer paid-up equity share capital. Offer Price : (Rs)1083 per equity shares of face value of (Rs)10 Each. Anchor Investor offer price : (Rs)1083 per equity share. The offer price is 108.3 times the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
16-Jul-21	20-Jul-21	(Rs)1083.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :13 Further Multiples of :13

(Rs Cr)

Lead Managers to the Issue

Project Cost

225.00

ICICI Securities Ltd

Project Financed through Current Offer

500.00

Post Issue Equity Share Capital

22.17

Issue Price

(Rs)1083.00

Projects

Funding capital expenditure requirements for expansion of its Dahej manufacturing facility	General Corporate purposes
Funding capital expenditure requirements for upgradation at its R & D facility in vadodara

Promoted By
Ajaykumar Mansukhlal Patel
Chintan Nitinkumar Shah
Shekhar Rasiklal Somani

Listing At
BSE
NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd