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Pharma chemicals maker Tatva Chintan's Rs.500-Cr IPO to open on Friday

Economic Times  

The IPO of Tatva Chintan Pharma Chem, a Gujarat-based pharma chemical company, will open on Friday, July 16, and close on July 20. The price band for the IPO is INR 1,073-1,083. The offer size is INR 500 crore, of which the company will issue fresh equity shares worth INR 225 crore and the promoters and shareholders will make an offer for sale of shares worth INR 275 crore. ICICI Securities and JM Financials are its book running lead managers. Link Intime India is the registrar to the offer.