Glenmark Life Sciences Limited
27 Jul 2021 – 29 Jul 2021
LISTED
Offer Price
₹695–720
Bid lot
20
Min Application
₹14,400
Issue Size
₹1,514 Cr
Key dates
Open date
27 Jul 2021
Done
Close date
29 Jul 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
06 Aug 2021
Today
Issue reservation
₹1,514 CrQIB 50%Retail 35%
QIB
1.05 Cr sh · ₹757.00 Cr
Retail
73.6 L sh · ₹529.90 Cr
BRLM: DAM Capital Advisors Limited · BOB Capital Markets Limited · SBI Capital Markets Limited.
Lot ladder — how much to bid
1 lot = 20 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
20 sh · ₹14,400
Max · 13 lots
260 sh · ₹1,87,200
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
280 sh · ₹2,01,600
Max · 69 lots
1,380 sh · ₹9,93,600
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
1,400 sh · ₹10,08,000
Entry point
₹10,08,000 onward
Issue details
Lead managersDAM Capital Advisors Limited, BOB Capital Markets Limited, SBI Capital Markets Limited.
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
27.77×
0×1×2×3×+
Oversubscribed
Book₹1,287 Cr
Subscribed₹35,739 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,05,13,889₹757.00 Cr | 38,86,98,476₹27,986 Cr | 36.97× |
| HNI | 31,54,167₹227.10 Cr | 38,65,11,587₹27,829 Cr | 122.54× |
| Retail | 73,59,722₹529.90 Cr | 10,76,72,737₹7,752 Cr | 14.63× |
| Total | 1,78,73,611₹1,287 Cr | 49,63,71,213₹35,739 Cr | 27.77× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 27,986.29 |
| HNI | 27,828.83 |
| Retail | 7,752.44 |
| Total | 35,738.73 |
Amounts at the upper band (₹720). 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 Glenmark Life Sciences Limited IPO?
One lot of 20 shares — ₹14,400 at the upper price band of ₹720.
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 2021-08-06 on NSE.