Monday, July 13, 2020

Gland Pharma IPO Date, Review, Price Band, Form & Market Lot


Gland Pharma IPO will be India's largest pharma IPO in the history. The company is coming up with 1250 crore fresh issue and 5229 crores of offer for sale. The company was incorporated in 1978 based in Hyderabad. The company is a manufacturer, marketer, and developer of complex injectables across its seven manufacturing facilities. They are one of the largest and fastest-growing injectable-focused companies, with a global footprint across 60 countries, including the United States, Europe, Canada, Australia, India, and other markets. They promoted by China-based Shanghai Fosun Pharma, a global pharmaceutical major. Check out Gland Pharma IPO dates, price band, and market lot details.
 

Equity Shares outstanding prior to the Issue = 15,49,49,490 Shares
Fresh Issue of Shares 83,33,333 @1,500/- = Rs.1,250.00 Crores
Offer for Sale of 3,48,63,635 Shares @1,500/- = Rs.5,229,55 Crores
Equity Shares outstanding after the Issue = 16,32,82,823 Shares

Category-wise Break up:
Anchor: 1,29,59,090 Shares = 1,943.86 Crores
QIB: 86,39,394 Shares = 1,295.91 Crores
NII: 64,79,545 Shares = 971.93 Crores
RII: 1,51,18,939 Shares = 2,267.84 Crores (Lot size:10 = 15,11,894 Forms)
Total Issue: 4,31,96,968 Shares = 6,479.55 Crores.

Subscription required for 1X
RII = 15,11,894 Forms
NII = 971.93 Crores

Gland Pharma

Gland Pharma IPO Review:

  • Only for Long Term Investors

Gland Pharma IPO Review:

  • GEPL Capital : Subscribe
  • ICICI Direct: Subscribe
  • KR Choksey: Subscribe
  • SP Tulsian: Subscribe

Gland Pharma IPO Dates & Price Band:

 IPO Open:  09 November 2020
 IPO Close:  11 November 2020
 IPO Size:  Approx ₹6480 Crore (Approx)
 Face Value:  ₹1 Per Equity Share
 Price Band:  ₹1490 - ₹1500 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  43,196,968 Shares

Gland Pharma IPO Market Lot:

 Lot Size:  Minimum 10 Shares & Maximum 130 Shares
 Minimum Amount:  ₹15,000
 Maximum Amount:  ₹1,95,000

Gland Pharma IPO Allotment & Listing:

 Basis of Allotment:  17 November 2020
 Refunds:  18 November 2020
 Credit to Demat Account:  19 November 2020
 Listing Date:  20 November 2020

Gland Pharma IPO Form:

How to apply the Gland Pharma IPO? You can apply Gland Pharma IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Gland Pharma IPO in the Invest section. The other option you can apply Gland Pharma IPO via IPO forms download via NSE and BSE. Check out the Gland Pharma forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Gland Pharma Financial:

  ₹ in Crore

Revenue Expense PAT
2016 - - -
2017 - - -
2018 1672 1170 321
2019 2130 1424 452
2020 2772 1780 768

Company Promoters:

  • Fosun Pharma Industrial Pte. Ltd.
  • Shanghai Fosun Pharmaceutical (Group) Co. Ltd.

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Gland Pharma IPO Registrar:

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: glandpharma.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Note: Check Gland Pharma IPO allotment status on -website allotment URL. Click Here

Gland Pharma IPO Lead Managers:

  • Citigroup Global Markets India Private Limited
  • Haitong Securities India Private Limited
  • Kotak Mahindra Capital Company Limited
  • Nomura Financial Advisory And Securities (India) Pvt Ltd

Company Address:

Gland Pharma Limited
Sy. No. 143 - 148, 150 and 151,
Near Gandi Maisamma 'X' Roads, D.P. Pally,Dundigal
Medchal-Malkajgiri District, Hyderabad
Phone: +91 40 3051 0999
Email: investors@glandpharma.com
Website: http://www.glandpharma.com

Gland Pharma IPO FAQs:


When Gland Pharma IPO will open for QIB, NII, and Retail?
The IPO to open on 9 November 2020 for QIB, NII, and Retail Investors.

What is Gland Pharma IPO Investors Portion?
The investors' portion for QIB-50%, NII-15%, and Retail-35%.

How to Apply the Gland Pharma IPO?
You can apply Gland Pharma IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What will be Gland Pharma IPO Size?
As per the DRHP the IPO Size is around Rs.6480 crores. It will be the largest pharma IPO in India.

What will be the minimum and maximum bid for Gland Pharma IPO?
The minimum bid is for the IPO is 10 shares and maximum bid is 130 shares.

What is Gland Pharma IPO Allotment Date?
Gland Pharma IPO allotment date is 17 November 2020. You can check IPO allotment here.

What is Gland Pharma IPO Listing Date?
Gland Pharma IPO listing date is 20 November 2020. The IPO to list on NSE and BSE.

Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)