Glenmark Life Sciences IPO Subscription Status

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Last updated on July 30th, 2021 at 02:00 pm

Glenmark Life Sciences IPO Subscription Status

What is the subscription status for Glenmark Life Sciences IPO?

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Subscription Status {no. of times (x)}
Particulars Shares Offered 27th Jul 28th Jul

 

29th Jul
QIB 42,42,379 0.00 1.38 36.97
NII 32,32,770 0.86 3.39 122.54
Retail 75,43,130 5.17 9.28 14.63
Total 1,50,18,279 2.78 5.78 44.17

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Glenmark Life Sciences IPO-Should you subscribe?

How much is the retail category subscribed?

The retail category is subscribed by 14.63 x on the last day of the offer.

What is the GMP of Glenmark Life Sciences IPO?

The GMP of Glenmark Life Sciences IPO was Rs 135 per share in the grey market.

How much amount is raised from the anchor investors?

Glenmark Life Sciences has mobilized Rs 454 crore from the anchor investors ahead of its IPO.

Who are the anchor investors of Glenmark Sciences?

The company allocated 63,06,660 equity shares to 19 anchor investors at Rs 720 per share.  Anchor investors include HSBC Global Investment Funds, Government Pension Fund Global, Oaktree Emerging Markets Equity Fund LP, Copthall Mauritius Investment Ltd -ODI account, Societe Generale-ODI, Kuber India Fund, and Reliance General Insurance Company among others.

When will the shares be credited to the Demat account?

Important Dates of Glenmark Life Sciences IPO

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Glenmark Life Sciences IPO Allotment and Listing
Basis of Allotment 03-Aug-21
Refunds 04-Aug-21
Credit to Demat Account 05-Aug-21
Listing Date 06-Aug-21

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IPO Jargons Simplified

All you want to know about IPO Process

CA Priyanka Choudhary Jain

 

Disclaimer: The above content is for general info purpose only and does not constitute professional advice. The author/ website will not be liable for any inaccurate / incomplete information and any reliance you place on the content is strictly at your risk.

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