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Tatva Chintan zooms 113% to Rs 2,310 in highest listing gain this year

Issue price was Rs 903 per share, IPO had garnered 180x subscription

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Illustration: Binay Sinha

Sundar Sethuraman Mumbai
Shares of Tatva Chintan Pharma Chem more than doubled during their stock market debut on Thursday. The stock got listed at Rs 2,111, with a gain of 95 per cent over the issue price of Rs 903 per share. It ended the session at Rs 2,310.25, with a gain of 113.3 per cent.

The listing gain clocked by Tatva Chintan was highest for IPOs this year. Indigo Paints and GR Infraprojects are two other companies whose share price has doubled during their trading debut in 2021. Also, the previous three companies to list have seen their stock price gain at