Glenmark Life Sciences Limited IPO Message Board (Page 30)

Can any one expert tell how to open minor demat account and brokers who allow online selling of alloted shares in minor demat account.

Prostocks allow tradings for minor accounts

Rajkumar
Can one apply for both individual and minor ..even though the pan is different ..wont the guardians pan will be considered

Dear Investors,

ICICI Bank IPO application is running very slow (almost down).

Do not wait till last minute to apply in Glenmark IPO, if you are planning to do it through ICICI Net Banking.

Hello Team Chittorgarh,
Can you work on this function. When there is a comment from your end, the box should be highlighted in some other color. With so many spammy and irrelevant comments, one doesnt want to miss out on important ones from you while scrolling down.

i too faced issue in icici today.

What''s the cut off time for application??

5 pm for UPI
For asba depends on bank to bank..
Offline forms have leverage over online application in HNI category

Zerodha(using UPI) its 4:30pm

What''s the expected HNI subscription X times.

Applied 100 lots in HNI..with additional 16 retail applications.
Hope HNI doesn''t go beyond 100x

@ Avenue,

Please check if HNI is allowed till 4:30 PM in ICICDirect. Someone commented here that it is only for Retail applications and for HNIs 3 PM is the cut-off. Cheers!!

QIB : 10.80 X
NII/HNI : 69.76 X
Ret : 112.91X
Total--> App wise - 24.55 X

*Ret: 12.91X

Hello members,
Sorry if its a repeated question but i haven''t read previous comments.
Is it a good ipo to apply? I have enough funds for other ipos as well in retail category.
Thanks.

Yes.

Apply Glenmark Life science - I may even apply after Listing, for long term.
👍
Pros
- Great promoter, 40% business is coming from the same.
- It’s of API theme, growing industry in India, Govt is also pushing.
- Comes under China+ 1 theme too.
- Fair Valuation - PE 25X
- They are into R&D with Exp management.

Risk
- Highly regulated & Competitive
- Revenue concentration risk
- Dependency on China

Glenmark Life Sciences Ltd IPO

Last Day

@2.15 pm

QIB 10.90x
NII 71.35
Retail 34.56 Lacs Applications

What''s the GMP today? Can someone update please?

QIB subscription is low , maybe it improves in half an hour , will wait half and hour then deice whether to update mandate or not.

I m apply from this ipo good to midium & long term

hello every one

can i apply from BANK OF INDIA for my brother demat account please confirm.

QIB : 5.27 X
HNI : 33.75 X
Ret : 12.35 X (App wise - 8.76 X)

https://www.bseindia.com/markets/publicIssues/CummDemandSchedule.aspx?ID=5469

You can check edelweiss website or axis ipo data...these are options I''m aware of

Applied with full force!! Expecting at least 4K gain per lot if allotted!

AT : 1:30 PM
QIB : 5.33 X
HNI : 45.84 X
Ret : 12.41 X (App wise - 8.82 X)

NII match begins...

QIB : 4.11 X
HNI : 33.10 X
Ret : 12.30 X (App wise - 8.73 X)

now QIB 4.11, NII 25.94

I have applied in GlS through zerodha ,and Phone pay UPI, but due to some error in using mandate acceptance, I have deleted 1st application , and again made 2nd application,got upi mandate for 2nd mandate also.and now total 28800 rupees blocked through up in my account.how I can unblock money of my first deleted application??

canceled applications amount will automatically unblock,
when? in 2-3 days or once allotment is done.
You can wait only.

@Spock...Thank you for the information..

Now a days more retailers are participating in the IPOs and many of them applying multiple applications for family member''s accounts so allotment chances are so tough specially in small size IPOs and where retail quota is 10% only. So purely luck is working.
In Glenmark life 30.46 lakh applications received so far and it may be 36~37 lakb at end of the day. So 1 out of 10 will get allotment while in Rolex Rings it may be 20X.
So simply applied both n hope to get allotment.
Tatva n Zomato no allotment😣
Clean n GR allotted 1 lot each☺

This will end anytime once the listing will be like SBI Card, IRFC, or UTI AMC.

I still have ipo lot of sbi card atleast its giving some return :)

What is current GMP of glenmark

131 +/-