Gland Pharma Limited
09 Nov 2020 – 11 Nov 2020
LISTED
Offer Price
₹1490–1500
Bid lot
10
Min Application
₹15,000
Issue Size
₹6,480 Cr
Key dates
Open date
09 Nov 2020
Done
Close date
11 Nov 2020
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
20 Nov 2020
Today
Issue reservation
₹6,480 CrQIB 50%Retail 35%
QIB
2.16 Cr sh · ₹3240.00 Cr
Retail
1.51 Cr sh · ₹2268.00 Cr
BRLM: Kotak Mahindra Capital Company Limited · Citigroup Global Markets India Private Limited · Haitong Securities India Private Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 10 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
10 sh · ₹15,000
Max · 13 lots
130 sh · ₹1,95,000
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
140 sh · ₹2,10,000
Max · 66 lots
660 sh · ₹9,90,000
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
670 sh · ₹10,05,000
Entry point
₹10,05,000 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Haitong Securities India Private Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
3.86×
0×1×2×3×+
Oversubscribed
Book₹5,508 Cr
Subscribed₹21,280 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 2,16,00,000₹3,240 Cr | 13,82,40,000₹20,736 Cr | 6.40× |
| HNI | 64,80,000₹972.00 Cr | 33,04,800₹495.72 Cr | 0.51× |
| Retail | 1,51,20,000₹2,268 Cr | 36,28,800₹544.32 Cr | 0.24× |
| Total | 3,67,20,000₹5,508 Cr | 14,18,68,800₹21,280 Cr | 3.86× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 20,736.00 |
| HNI | 495.72 |
| Retail | 544.32 |
| Total | 21,280.32 |
Amounts at the upper band (₹1500). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Gland Pharma Limited IPO?
One lot of 10 shares — ₹15,000 at the upper price band of ₹1500.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2020-11-20 on NSE.