Glenmark Life Sciences IPO Fully SUBSCRIBED on DAY 1! After allotment finalisation, you can check status online on these BSE, Kfintech direct links
The IPO of the pharma company kicked off to a good start as the issue was fully subscribed around 12 pm.
Glenmark Life Sciences Limited IPO opened for subscription on Monday, July 27, 2021, and will be closed on Thursday, July 29, 2021. The IPO of the pharma company kicked off to a good start as the issue was fully subscribed around 12 pm. Maximum participation came from Retail Individual Investors (RIIs). Glenmark Life Sciences Limited IPO comprises fresh issue of equity shares worth Rs 1,060 crore and an offer for sale by existing shareholders worth Rs 453 crore, totaling Rs 1513.60 crore. Glenmark Life Sciences Limited IPO price band is Rs 695 to Rs 720 per equity share and IPO lot size comprises 20 equity shares and in multiples of 20 equity shares thereof. Minimum investment required for Glenmark Life Sciences Limited IPO is Rs 13,900, while maximum purchase limit on UPI is Rs 2 lakh per transaction, as per the company DRHP (Detailed Red Herring Prospectus)
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Glenmark Life Sciences Limited IPO allotment likely finalisation is August 3, 2021, while IPO refund Initiation will begin on August 4, 2021. Glenmark Life Sciences Limited IPO listing date has been fixed as August 6, 2021.
Those who want to check Glenmark Life Sciences Limited IPO allotment status can do it by visiting BSE official website or registrar of for the IPO Kfintech.
How to Check Glenmark Life Sciences Limited IPO allotment status on BSE
Step 1: Visit the link: bseindia.com/investors/appli_check.aspx on your browser and visit BSE official website.
Step 2: Select 'Equity' for issue type in the dropdown menu
Step 3: Next, select the name of the IPO, which is Glenmark Life Sciences Limited IPO
Step 4: Now, enter application number & PAN number
Step 5: Hit search button and you are good to go. You can see your IPO allotment on the screen
Steps to check Glenmark Life Sciences Limited IPO Allotment on kfintech:
Step 1: Visit Glenmark Life Sciences Limited IPO registrar link: https://kosmic.kfintech.com/ipostatus/
Step 2: Now, select IPO Name- Glenmark Life Sciences Limited IPO
Step 3: Select the option through which you would want to check allotment status in 'Query By', which is Application No/DPID/Client ID/PAN
Step 4: Select Application type, which is ABSA or Non-ABSA
Step 5: Enter Application No (In case you have chosen to check via Application No) and Captcha
Step 6: Once all relevant field are completed, hit submit to check your IPO Allotment status.
Glenmark Life Sciences Ltd is a leading developer and manufacturer of select high value, non-commoditized active pharmaceutical ingredients (“APIs”) in chronic therapeutic areas, including cardiovascular disease, central nervous system disease, pain management and diabetes. The Company also manufactures and sells APIs for gastro-intestinal disorders, anti-infectives and other therapeutic areas.
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