Glenmark Life Sciences Limited IPO Message Board (Page 35)

Good morning friends, today we can find which is best ipo Rolex or glen.. I am will glen

Please suggest
For HNI Application on ASBA, is it ok to enter a price of 720 for this ipo? (Cut-off price 720)
or
Should I enter more than 720?

@P Patel
Thank you.

Does it really make difference in selecting cutoff tick mark and manually putting 720
Bcz in Bank of Baroda ASBA i am not able to enter the cutoff tick mark bcz initially it is selected but later wn clicked on calculate then it automatically untick the cutoff and puts 720
I have been applying for lot mny IPOs but cldnt understand whether is this the prblm or is my application rejected cldnt understand?
Pls someone using BoB ASBA pls guide also those who has ideas pls give directions...

GMP 136

Must Must Apply.
Keep it in PF.

Rolex Rings IPO – *Market’s Current Estimates of oversubscription*:

NII = 30K Crs. = ~273.60X
RII = 27L Forms = 15.20X Applic. wise (Avg allotment of ~1.05 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *138.08paise for 1X*

Thus, for NII the costing = 273.60 X 138.08 paise = Rs.377.79 per share (= GMP)

And, for RII the costing = 377.79 X 1.05 = Rs.398/- (= Kostak)


Rolex Rings IPO – *GMP Estimated*

GMP 400 +/- 2
Kostak 420 +/- 10
Subject 2 @5,500/-

Will GMP for Glenmark Life go down after todays Nifty pharma correction?

Egleye mem pl GMP for Glenmark??

Dear friends
I have good number of years in stock market.
Out of my experience
"Whenever the market remains high level, innumerable IPOs good and bad rush to swindle the wealth from investors. Before the last IPO closes market crashed to lower circuit. And finally last IPO will withdrawn due to no response. Similar situation I could see now. Market started its corrective mode

Pl keep your wealth safely

koi apna maal do hi condition mai bachta hai, pheli acha daam mil raha ho ya fir koi mazboori ho. Aur iss samay sabko acha daam mil raha hai.

u r right but for a long time say one year or more it is said market in correction mode but every time market denied all speculations . by the way if market get corrected , it will be good

Gmp of Glenmark science is 140 - 145 rs...

GMP 140 -145

Please share latest GMP


Thank u

To much volatility .

How can I apply in HNI Category through Asba.
Any difference in applying process between HNI Category and Retail category.
I have funds for 400 Lot
In last Tatwa ipo my Hni application rejected by exchange.I applied same process like retail category (400 lots*cut off price)

@Navdeep
O
you missed tatva

In HNI category you need to enter price manually .

Thanks Bro..🙂

Any idea about the probable oversubscription in HNI / Retail category

Hi
Is there any share holder quota also for this Glenmark ipo.

No share holder quota in this IPO...

Hi
Is there any share holder quota also for this Glenmark ipo .

More than 13 lakhs retail applications on first day.

Be ready for a new record in retail applications in this IPO

.

Glenmark 136-140

May be 153 buyer

Glenmark First Day......
12 Lacs Applications @4.00 PM

Number of applications information where available? I could see only number of shares applied in overall demand schedule & not number of application

Glenmark 1st day subscription:
QIB 0
NII 0.88
Retail 5.30

Overall 2.84

Retail application wise 3.58 times..

It''s overall good 1st day subscription. I applied already..

If by 14:00 on last day, QIB subscription is less than that of Retail , I cancel all my applications , try my luck post listing and do bottom fishing.
In this scenario, when Retail and NII are heavily over subscribed and QIB ''s response lukewarm, possibility is high that post listing, price will come lower than issue price.
Same strategy I follow in all IPOs.

Hi,
In my opinion No chance of QIB subscription< RII subscription.
Its decent company with good growth potential, i am not sure y market undervaluing this IPO

HOS Glen 130-132.... Buyers.......

Good response for Life science ipo but glenmark pharma bleeds in today''s market. Reasons r not known.