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Tatva Chintan Pharma Chem IPO Subscription Status

Tatva Chintan Pharma Chem IPO was subscribed 182.04 times when bidding closed on 20 Jul 2021: QIB 186.96x, NII 516.99x, Retail 35.68x.

The Tatva Chintan Pharma Chem IPO has been subscribed 182.04x times overall. Retail investors have shown interest with bids for 35.68x the shares available. The Non-Institutional Investor (NII) category has been subscribed 516.99x. Qualified Institutional Buyers (QIBs) have subscribed 186.96x. Data last updated on 10 Nov, 07:18 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 16 Jul, 2021 and closes on 20 Jul, 2021. The shares are expected to list on stock exchanges on 29 Jul, 2021.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 07:18 AM
Category Bid details Times
QIB - of - - 186.96x
NII - of - - 516.99x
Retail - of - - 35.68x
TOTAL - - 182.04x
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Tatva Chintan Pharma Chem IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 36
~2.8% chance per PAN — based on 35.68x subscription. Winners get exactly 1 lot (₹14,079) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 517
~0.2% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
186.96x
Proportionate allotment — at 186.96x, institutions receive ~0.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 36 applicants will be successful.

Market Sentiment

Strong grey market premium of 106% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 186.96x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
20 Jul 2021
Day 3
182.04x ▼
QIB186.96x BHNI- SHNI- Retail35.68x
19 Jul 2021
Day 2
15.05x ▼
QIB1.97x BHNI- SHNI- Retail23.74x
16 Jul 2021
Day 1
4.51x ▼
QIB0.51x BHNI- SHNI- Retail8.25x

Tatva Chintan Pharma Chem IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 16 Jul 2021
  2. Close 20 Jul 2021
  3. Allotment 26 Jul 2021
  4. Refund/credit 27 Jul 2021
  5. Listing 29 Jul 2021

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Tatva Chintan Pharma Chem IPO?

As of IPO close date (20 Jul, 2021), the Tatva Chintan Pharma Chem IPO is subscribed 182.04x times. Retail category is 35.68x, and NII is 516.99x subscribed.

When is the allotment date for Tatva Chintan Pharma Chem IPO?

The allotment for Tatva Chintan Pharma Chem IPO is expected to be finalized on 26 July, 2021.

What is the GMP of Tatva Chintan Pharma Chem?

The Grey Market Premium (GMP) for Tatva Chintan Pharma Chem is currently ₹1150, indicating a potential listing gain of 106%.

When will Tatva Chintan Pharma Chem IPO list on the stock market?

Tatva Chintan Pharma Chem is scheduled to list on BSE and NSE on 29 July, 2021.

What are the chances of getting allotment in Tatva Chintan Pharma Chem IPO?

The retail category is oversubscribed at 35.68x, meaning allotment is by lottery. Statistically, approximately 1 in 36 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 186.96x mean for Tatva Chintan Pharma Chem IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 186.96x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Tatva Chintan Pharma Chem IPO allotment status?

After the allotment date (26 Jul, 2021), you can check your Tatva Chintan Pharma Chem IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
182.04x
QIB
186.96x
NII
516.99x
Retail
35.68x
Full IPO details
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