Gland Pharma IPO – Issue Information *(Tentative)*
Issue Opens on: ?? November 2020
Issue Closes on: ?? November 2020
Issue Type: Book Built Issue IPO
Issue Size: 4,44,79,019 Shares
Face Value: Rs.1/- per Share
Issue Price: Rs.1,300 – Rs.1,300 per Share *(Tentative)*
Discount: NIL
Market Lot: 10 Shares
Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 15,49,49,490 Shares
Fresh Issue of Shares 96,15,384 @1,300/- = Rs.1,250.00Crs
Offer for Sale of 3,48,63,635 Shares @1,300/- = Rs.4532.27Crs
Equity Shares outstanding after the Issue = 16,45,64,874 Shares
Category-wise Break up:
Anchor – 1,33,43,706 Shares = 1,734.68Crs
QIB – 88,95,804 Shares = 1,156.45Crs
NII – 66,71,853 Shares = 867.34Crs
RII – 1,55,67,656 Shares = 2,023.80Crs (Lot size: 10 = 15,56,766 Forms)
Total Issue – 4,44,79,019 Shares = 5,782.27Crs.
Subscription required for 1X
RII = 15,56,766 Forms
NII = 867.34 Crs