Tatva Chintan Pharma was incorporated as ‘Tatva Chintan Pharma Chem Private Limited’ pursuant to a certificate of incorporation dated June 12, 1996 issued by the Registrar of Companies, Gujarat and Dadra & Nagar Haveli at Ahmedabad (“RoC”). Thereafter, pursuant to the conversion of our Company to a public limited company, the name of our Company was changed to ‘Tatva Chintan Pharma Chem Limited’, and a fresh certificate of incorporation dated February 26, 2021 was issued to our Company by the RoC.
Tatva Chintan has two subsidiaries:
1. Tatva Chintan USA, Inc. (“TC USA”)
2. Tatva Chintan Europe B.V. (“TC Europe”)

They are a specialty chemicals manufacturing company engaged in the manufacture of a diverse portfolio of structure directing agents (“SDAs”), phase transfer catalysts (“PTCs”), electrolyte salts for super capacitor batteries and pharmaceutical and agrochemical intermediates and other specialty chemicals (“PASC”). Our Company is the largest and only commercial manufacturer of SDAs for zeolites in India. It also enjoys the second largest position globally.
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Major events and milestones of Tatva Chintan
2013 – Attained turnover of ₹500.00 million
2015 – Attained turnover of ₹1 billion
2015 – Incorporation of Tatva Chintan USA Inc., a wholly owned Subsidiary of our Company
2015 – Set up warehousing facility in Netherlands
2018 – Set up R&D facility in Vadodara
2019 – Incorporation of Tatva Chintan Europe BV, a wholly owned Subsidiary of our Company
2020 – Attained total revenue of ₹2 billion
Tatva Chintan Company Financials
Rs. in Crore | March 2021 | March 2020 | March 2019 |
Total Assets | 314.80 | 248.93 | 187.50 |
Total Revenue | 306.29 | 264.62 | 206.80 |
Profit After Tax | 52.26 | 37.79 | 20.54 |
Also see : Upcoming IPOs in 2021-22 India
Tatva Chintan IPO Key Details
IPO Open Date | July 16, 2021 |
IPO Close Date | July 20, 2021 |
IPO Price | Rs. 1073-1083 per share |
One Lot Size | 13 Shares |
Exchanges | BSE, NSE |
Issue Size | Rs. 500 Cr |
Fresh Issue | Rs. 225 Cr |
Offer for Sale | Rs. 275 Cr |
Tatva Chintan IPO Dates
Events | Date |
---|---|
Open Date | July 16, 2021 |
Close Date | July 20, 2021 |
Allotment Date | July 26, 2021 |
Refunds Initiation | July 27, 2021 |
Credit of Shares to Demat Account | July 28, 2021 |
Listing on exchanges | July 29, 2021 |
Tatva Chintan IPO Min-Max Lot Size
Min/Max | Lots | Shares | Total Price |
---|---|---|---|
Minimum | 1 | 13 | Rs. 14,079 |
Maximum | 14 | 182 | Rs. 197,106 |
Tatva Chintan IPO Promoter Holding
Promoter Share Holding | Percentage |
---|---|
Pre Issue | 100% |
Post Issue | 79.17% |