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Glenmark Life Sciences Limited IPO Message Board (Page 27)

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537. Anuj Doshi |   Link |  Bookmark | July 29, 2021 10:44:44 PM
I''ve applied for Glenmark Life IPO for 5 lots.What are my chances of getting this IPO alloted?
537.1. Monster Zero |   Link |  Bookmark | July 29, 2021 11:04:21 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Same as someone who applied 1 lot
536. Anna Bella |   Link |  Bookmark | July 29, 2021 10:14:51 PM
Whats the latest grey market premium ?
535. k priya |   Link |  Bookmark | July 29, 2021 8:39:10 PM
I HAVE APPLIED IPO FIRST TIME WHEN I GO TO APPROVE UPI MANDATE MISTAKELY I ENTERED WRONG UPI PIN SO APPLICATION REJECTED SOMEONE HELP ME CAN I GET ONE MORE CAHNCE TO APPROVE ANY OPTION SOMEONE KNOW PLEASE LET ME KNOW
535.1. Godhaji |   Link |  Bookmark | July 29, 2021 9:00:10 PM
No chance bro
535.2. 🔥 IPO 🔥 GUJARATI 🔥 |   Link |  Bookmark | July 29, 2021 9:05:45 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
No chances. Now apply that amount in Rolex Rings IPO 😄
534. Noorul Khan |   Link |  Bookmark | July 29, 2021 12:17:59 PM
Applied 242 lot.
534.2. Noorul Khan |   Link |  Bookmark | July 29, 2021 8:24:04 PM
U assume it right.. will apply 373 lot tomorrow in rolex.. all experts predict it will cross 300x in hni.. by this number will surely grab atleast one lot..
I think glen gmp will increase from here onwards because of heavy subscription .. and fundamentals r also very promising.. can touch 4 digit on listing day itself.. all d best to you too..
534.3. Mohammed Zubair |   Link |  Bookmark | July 29, 2021 8:47:22 PM
A small question can I apply with my friend dmat in upstox with my bank upi I''d or should I only use his bank upi?
533. saiyam shah |   Link |  Bookmark | July 29, 2021 8:35:55 PM
As per nii subscription and interest cost
Interest cost is 138.77 while subscription is 125 times
Hence costing is 174
So gmp might be 180+-5
532. Ganesh Prajapati |   Link |  Bookmark | July 29, 2021 8:34:59 PM (200+ Posts)
UPI ID APPLICATION LIMIT FROM 1 ACCOUNT OF SBI?
531. MEHTAG |   Link |  Bookmark | July 29, 2021 8:24:36 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Current GMP Rs145
530. Communicator |   Link |  Bookmark | July 29, 2021 1:42:33 PM
Glenmark Life Sciences

Final Day @1.40 PM

QIB 6x
NII 47x
Retail: 3,315,364 Applications
530.1. IM AK |   Link |  Bookmark | July 29, 2021 7:51:52 PM
What is the GMP on glenmark
530.2. Amit Pathak |   Link |  Bookmark | July 29, 2021 8:07:20 PM
GMP 131 ..
529. Chintu Patel |   Link |  Bookmark | July 29, 2021 7:43:26 PM
Can anyone please tell me
Does Kotak bank allow 3rd party ASBA..?
And
Does Kalupur comercial bank allow 3rd party ASBA??
Please if anyone knows let me know.
529.1. Johny |   Link |  Bookmark | July 29, 2021 8:02:16 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
Kotakbank does not allow 3rd party applications
528. IM AK |   Link |  Bookmark | July 29, 2021 7:52:48 PM
What is the GMP on glenmark
527. 🔥 IPO CALLING 🔥 |   Link |  Bookmark | July 29, 2021 5:09:12 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Glenmark Life Sciences IPO received 39,50,280 No. of Applications.

Indigo Paints IPO in January end received 30,00,000 Applications, Within 6 months we have seen jump of 10 lakh applications.

Which IPO do you expect to touch 50,00,000 Figure of Applications in 2021?
527.5. amit K singh |   Link |  Bookmark | July 29, 2021 5:43:59 PM
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Good observation.. it''s time for sebi to reduce lot size from current rs 14k to rs 7k for better allotment chances for retail.. also they were working on to have hni cap at rs 1 crore, not sure what happened..
527.6. Amit Pathak |   Link |  Bookmark | July 29, 2021 7:41:38 PM
No need to reduce Lot size .. agar mila to achha munafa ho nahi to paisa wapis. Thoda thoda munafa karke jyada Company portfolio me rkhna sahi nhi hai because more time need to analyse stocks. Beginner to fas jayenge iis chhote munafe ke chakkar me.
526. Prahraju |   Link |  Bookmark | July 29, 2021 6:50:21 PM
I applied 110 times in NII category . How much chance i have for allotment.
526.5. VMARU |   Link |  Bookmark | July 29, 2021 7:30:26 PM
You will get 1 lot in lottery. 88% chance.
526.6. sdz |   Link |  Bookmark | July 29, 2021 7:37:07 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
Prorata allotment only if applied above final subscription number 125x. In Glenmark case, 1 lot through lottery if applied less than 125 lots.
525. sdz |   Link |  Bookmark | July 29, 2021 1:41:18 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
Applied 360lots from 1 account...and still confused whether to put balance 300lots in Glen or Rolex in another account.. eeeks

Glen 100x ROI = 1%* 20% GMP = 0.2% in 1week
Rolex 300x ROI = 0.33%*60%GMP= 0.2% in 1week

Both showing same return for the current subscription and GMP levels
525.11. Ashwani Agarwal |   Link |  Bookmark | July 29, 2021 6:56:04 PM
Have you applied the same from your Savings A/c? Does the bank pay interest if the amount is blocked in ASBA from the savings A/c?
525.12. sdz |   Link |  Bookmark | July 29, 2021 7:20:48 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
Yes. ASBA blocked amount in savings account will earn interest as it is not debited
524. Jessie |   Link |  Bookmark | July 29, 2021 6:38:12 PM
I applied through UPI in asba on first day and cancelled my application second day ( 28 july) but still amount is blocked. So when my blocked amount will be unblocked. Any idea??
524.1. InvestWithKrishna |   Link |  Bookmark | July 29, 2021 6:51:46 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Wait for a day or two max, it should automatically get released.
524.2. Millionaire boy |   Link |  Bookmark | July 29, 2021 7:14:55 PM
jessie i also applyed from ICICI BANK ASBA, and cancalled my application but amount still blocked... because past IPO immedeatly released once cancalled,,, first time amount still block in cancalled application process
523. Tank u mate |   Link |  Bookmark | July 29, 2021 6:57:05 PM
I applied by ASBA today and then cancelled it and then applied via upi.
if i accept mandate will my application be accepted or rejected?
523.1. InvestWithKrishna |   Link |  Bookmark | July 29, 2021 7:12:32 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Your appln is valid and will get accepted.
522. v for vendetta |   Link |  Bookmark | July 29, 2021 6:57:18 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Applied 7900 shares in HNI.
521. IPO smart |   Link |  Bookmark | July 29, 2021 4:33:31 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Ohhhhh God. Please dont cross NII 135 level. I will get atleast one lot. I have applied in NII with great difficulties.
521.1. Lokesh Chiru |   Link |  Bookmark | July 29, 2021 4:54:19 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Your prayers had worked. It stopped at 123 times in HNI category. I believe it will list at GMP of at least 200 provided markets are stable.

It might surprise on upside as well just like Gland and Zomato.
521.2. Dowg |   Link |  Bookmark | July 29, 2021 6:36:19 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
What is the percentage of gain you will get on total capital employed ?
Can I know how you have arranged so much fund ?
520. InvestWithKrishna |   Link |  Bookmark | July 29, 2021 6:26:58 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Final figure::
Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
QIBs)       42,42,379       15,68,29,300       36.97
NII       32,32,770       39,61,29,640       122.54
RII       75,43,130       11,03,38,820       14.63
Total       1,50,18,279       66,32,97,760       44.17
519. Eagleye |   Link |  Bookmark | July 29, 2021 3:28:41 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Glenmark Life Sciences IPO

LAST Day at 3:25PM

The following data is assuming the shares will be issued at @720/- (upper price band)

QIB*: 30.16X (*Excluding Anchor)
NII: 114.32X (Interest Cost ~125.93)
RII: 14.57X
Total: 40.40X

*RII Applications: 38.60L* Approx
No. of Applic-wise: 10.49X

519.6. ColdBurger |   Link |  Bookmark | July 29, 2021 5:47:43 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
@lockesh - MF have the core business of tracking the fundamental of every company which has good business model and brand name as that is their diesel and petrol to run the money factory. So it cannot be that MF did not analyze the fundamentals.
519.7. sdz |   Link |  Bookmark | July 29, 2021 6:01:30 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
MFs don''t like the company or

may be they will directly buy after listing amid low GMP, so that they can go full force in Rolex without blocking funds.
518. saiyam shah |   Link |  Bookmark | July 29, 2021 5:19:17 PM
amazing response from everyone current gmp will be 175+-5 , wouldnt be surprise if gmp touches 225 by end of day or tomorrow.. please hold application dont sell
518.2. PATE LAMIT |   Link |  Bookmark | July 29, 2021 5:44:40 PM
Please sir Ripley
518.3. saiyam shah |   Link |  Bookmark | July 29, 2021 5:49:34 PM
sir glenmark ke forum mein glenmark ki hi baat ho rahi hai, i suppose so i am not sure 100 %