Glenmark Life Sciences Limited

Glenmark Life Sciences Limited

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₹14,400(20 Shares)

Minimum Investment

IPO Dates

Jul 27, 2021 – Jul 29, 2021

Price Band

₹695–720 per equity share

Lot Size

20

Listing

Aug 6, 2021

Listing At

BSE, NSE

Jul 27, 2021Open DateCompleted
Jul 29, 2021Close DateCompleted
TBAAllotment DateUpcoming
Aug 6, 2021Listing DateCompleted

Glenmark Life Sciences Limited Live Subscription Details

All IPOs
QIB37.30x
Retail15.00x
NIIs
125.62x

Overall Subscription

Total Bids Received

45.08x

Glenmark Life Sciences Limited IPO Issue Details

Issue Price
₹695-720 Per Equity Share
Face Value
₹2 Per Equity Share
Listing At
BSE, NSE
Listing Date
Aug 6, 2021

Company Information

Glenmark Life Sciences is the leading manufacturer of Active Pharmaceutical Ingredients (APIs). The company develops, manufactures, and supplies high-quality APIs for cardiovascular disease (CVS), cen...

Valuations

RoNW

46.71%

Financial Information (₹ in Crores)

MetricFY 21FY 20FY 19
Total Assets1997.071725.61475.39
Total Revenue1885.971549.3886.86
Profit After Tax351.58313.09195.59
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1To make payment of outstanding purchase consideration to the promoter for the spin-off of the API business from the promoter into the company.
  2. 2To finance capital expenditure requirements.
  3. 3To meet general corporate purposes.

Glenmark Life Sciences Limited – Promoter(s)

Glenmark Pharmaceuticals Limited

Contact Details

Glenmark Life Sciences Limited IPO Documents

Frequently Asked Questions — Glenmark Life Sciences Limited IPO

The Glenmark Life Sciences Limited IPO price band is set at ₹695.00 to ₹720.00 per equity share.

The lot size for Glenmark Life Sciences Limited IPO is 20 shares per lot. The minimum investment amount is approximately ₹14,400.

The Glenmark Life Sciences Limited IPO opens on Jul 27, 2021 and closes on Jul 29, 2021.

Glenmark Life Sciences Limited IPO is expected to be listed on Aug 6, 2021 on BSE, NSE.

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