The valuation of Glenmark Life Sciences IPO company based on its price band and RHP is:
| Particulars |
Value |
| Upper Price Band |
Rs 720 |
| Total Shares |
12.25 Cr |
| Market Cap |
8820 Cr |
| EPS |
Rs 28.69 |
| PE Ratio |
25x |
| Industry PE |
37x |
Glenmark Life Sciences IPO issue size is 1513.6 Cr.
| Issue |
Amount |
| Fresh Issue |
1060 Cr |
| Offer For Sale |
453.6 Cr |
An Individual can apply for a minimum 1 lot of 20 shares and a maximum of 13 lots of 260 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
20 |
Rs 14,400 |
| Maximum |
13 |
260 |
Rs 1,87,200 |
Glenmark Life Sciences IPO is subscribed 44.17 times till 29th July. It is Oversubscribed as of now. The category-wise subscription is as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
36.97 Times |
| Non-Institutional |
Minimum 15% |
122.54 Times |
| Retail Individual |
Minimum 35% |
14.63 Times |
| Total |
100% |
44.17 Times |
Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Glenmark Life Sciences IPO:
| Schedule |
Date |
| Basis of Allotment |
03 August 2021 |
| Refunds |
04 August 2021 |
| Credit to Demat Account |
05 August 2021 |
| IPO Listing Date |
06 August 2021 |
When the allotment is out, you can check it from the registrar's website. Find the Glenmark Life Sciences IPO allotment status here.
Check allotment status