Sunday, November 08, 2020

Gland Pharma IPO Subscription Numbers & Status - Should you subscribe?


Gland Pharma IPO to hit the market on 09 November 2020 and closes on 11 November 2020. Should you subscribe Gland Pharma IPO? Lets have a discussion on it. As per the GMP it was looking good at the 200 level but its going doing day by day. One of the reason for GMP going down as the aggressive price band which is 1500 against the expected price band of 1300. The face value of the Gland Pharma is also Rs.1 only so investors are feeling the price band is on a higher side. Let's see how it subscription will come up. Check Gland Pharma IPO GMP day by day.

Latest Update: Gland Pharma IPO subscribed 2.06x times, QIB 6.40x, HNI 0.51x and RII 0.24x times overall.

Gland Pharma

Gland Pharma IPO Subscription Numbers
(Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.00x 0.48x 6.40x
HNI 0.01x 0.03x 0.51x
RII 0.08x 0.15x 0.24x
EMP N/A N/A N/A
Total 0.04x 0.22x 2.06x

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 FAQs:


When Gland Pharma IPO Subscription will start?
The IPO subscription starts on 09 November 2020 for QIB, NII, and Retail Investors.

How much Gland Pharma IPO subscribed?
The IPO Subscribed 2.06 times overall.

What is Gland Pharma IPO retail subscription status?
The retail subscription is 0.24x times overall.

How to subscribe Gland Pharma IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

How do i check live Gland Pharma IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.