Glenmark Life Sciences Limited IPO Message Board (Page 28)

Any person who will trade in per share premium. I want to Buy.

Sbi upi will keep your money blocked even after share listing on exchanges. Beware those who are not alloted in the ipo money is blocked

GMP keep going fast start still late night
It''s growing hopefully
May be 200++

Can expect 1 in 9-10 allotment in retail segment taking into account likely failure of UPI mandates

Glenmark - 39,50,280 applications finally

Issue Closed

Second Highest ever followed by Only Reliance Power.

sbi card version 2.0???

apply. Disclosure- I applied in both issue 1 lot

SBI card commanded a GMP of 50% for an IPO price of around 745. Bcoz of corona first wave lockdown was announced there by it listed with a discount of 10% on listing but now again it recovered to a level of 1000.

SBI cards IPO was much bigger than Glenmark (more supply and less demand bcoz of corana impact) and the issue price was somewhat expensive whereas Glenmark is attractively priced inspite superb ROE, ROCE, strong parentage, non-commoditized API business which has very high margins, strong entry barrier, no FDA issues.

So wait for a superb listing like Gland and Zomato (I am just comparing to say how sometimes GMP might be misleading and does not reflect true fundamentals of the company. It will list above 900 and can reach 950 to 1000 on listing day provided markets are stable.

It list on gmp 220 to 260 .

Long term its gem co .

Dear Experts

Could anyone please let me know if we can apply asba application from NRI account?

Thanks in advance

1upi Id se two account me ipo application kar par ge

What are the chances of getting 1 lot if applied 13 lots in retail category of Glenmark?

10% chance of getting 1 lot

It is advisable apply only 1 lot from 1 demat account because its not matter whether you apply 1 lot or 13 lot you got only 1 lot in case of oversubscription.

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Glenmark Life Sciences IPO

LAST Day at 4:10PM

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

QIB*: 37.30X (*Excluding Anchor)
NII: 125.62X (Interest Cost ~138.77)
RII: 14.85X
Total: 45.00X

*RII Applications: 39.12L* Approx
No. of Applic-wise: 10.63X

Glenmark Life Sciences IPO subscription figures on last day at 4 pm almost closef now (BSE+NSE):-
QIB:- 37.3X (Excluding Anchors)
HNI:- 125.62X
Retail:- 14.82X
Total:- 44.99X
Total no. of applications so far is 39,05,796
Appl. wise in retail category is 10.62X
Good subscription figures and above expectations.
Heavily subscribed by retailers by seeing no. of applications so finally Glenmark IPO broken the record of SBI card (39,03,857 applications).
Total approx Rs.47.7K crores blocked.

IPO crazy retailers🤣🤣

Glenmark Life Sciences IPO

LAST Day at 3:59PM

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

QIB*: 37.30X (*Excluding Anchor)
NII: 125.62X (Interest Cost ~138.77)
RII: 14.81X
Total: 44.98X

*RII Applications: 39.00L* Approx
No. of Applic-wise: 10.60X

Glenmark @4.00 pm

QIB ---37.30 final
HNI --125.612 final


Retail 39.02 lakhs Applications till 4.00 pm

@ 4 PM

QIB : 37.30 X
HNI : 125.62 X
RII : 13.20 X (App wise : 10.61 X)

Retail Applications Apx. : 39.02 L

Glenmark Life Sciences IPO

LAST Day at 3:55PM

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

QIB*: 37.20X (*Excluding Anchor)
NII: 125.56X (Interest Cost ~138.70)
RII: 14.80X
Total: 44.93X

*RII Applications: 38.96L* Approx
No. of Applic-wise: 10.59X

Mutual Fund is still 0
Not started yet to bid .. is there any reason ?

@Arun...Not directly affected by that decision but may be indirectly their holdings in Glenmark parent company jumped to 690 after DRHP and then fell to 580 post RHP shareholder Category removal. But anyways i also mentioned there could be any other reason with which they were not happy and not participated. I dont have any info, its just a guess seeing 0 participation by MFs like a cartel

Though not significant in number, MF`s are in at the last moment.

Glenmark Life Sciences IPO

LAST Day at 3:50PM

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

QIB*: 37.10X (*Excluding Anchor)
NII: 125.47X (Interest Cost ~138.60)
RII: 14.77X
Total: 44.87X

*RII Applications: 38.91L* Approx
No. of Applic-wise: 10.58X

Qib 35.79
Nni 122.35
retail 14.41
overall 43.68 times