Tatva Chintan Pharma Chem IPO -Robust Financials, Expansion Plans, Wide Product Portfolio: Motilal Oswal

Tatva Chintan Pharma Chem IPO - Robust Financials, Expansion Plans, Wide Product Portfolio: Motilal Oswal

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Motilal Oswal Research's IPO Report

Tatva Chintan Pharma Chem Ltd. is a specialty chemicals manufacturer, with a diverse portfolio of structure directing agents (40% of revenues), phase transfer catalysts (27%), electrolyte salts (1%) for super capacitor batteries and pharmaceutical, agrochemical intermediates and other specialty chemicals (30%).

Indian specialty chemical market is expected to grow at 11.3% compound annual growth rate over CY19-24E (F&S report) versus 5.3% globally.

Further India’s chemical export is expected to grow at 13% CAGR (CY19-24E) versus China’s 7% due to China plus one strategy being adopted by majority of the global firms.

Tatva Chintan Pharma Chem is well placed to capture this opportunity with niche and diversified product portfolio across various industries.

Click on the attachment to read the full IPO report:

Motilal Oswal Tatva Chintan IPO.pdf
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