Glenmark Life Sciences Limited IPO Message Board (Page 43)

Is it required separate Demat account for each PAN number to apply for IPO. Is there any possibility to get allotment if I apply using different PAN number of family members from same DP account? Thanks for your replay.

@jyaseena

Everyone MUST have dmat account.

Everyone has separate DP.

You cannot apply ones Dp with another ones PAN.

So have Pan and Demat account for each family member and apply for IPO through each using your money.

Adani WIlmar is probably filing for Rs.5000 Cr IPO . DRHP next weeks.

Glenmark life science Rs 185 rs 180

Hello
I have PAN in which Last name is blank, only first name ("Piyush") is there, but in my Zerodha Account, Bank Account, & IPO registrar, Applicant name is shown "Piyush .", A dot is associated as last name

Before 1 month, Everything was fine, my IPO application was being submitted through SBI ASBA. but now when I apply through SBI ASBA, My amount also get blocked, but when I check allotment on registrar site, It says no record found

Could anyone help me why this is happening and any solution

No problem with dot. my sister & my cousion''s wife do not have surname and zerodha appended "." in surname and getting allotment in last 3 IPOs.

Thank you @Ankur goel for reply.
Persons like you needed @ this platform.

Glenmark 187 +/- 2

Gmp of Glenmark science is 200 - 205 rs...

There’s disappointment for “No shareholder quota” in this IPO.
Fundamentally, the law is tilted in favour of Companies instead of minority Investors.
Whenever any company brings out an IPO for its subsidiary, long term investor in the parent company is a looser, even if there is a shareholder quota.
Existing shareholder has to apply a fresh at IPO price & try his luck, whereas his value of shares in parent company gets diminished to the extent of new listed subsidiary.
Fair play would be to allot shares to LONGTERM shareholders in the company on some SEBI derived formula. Such dispensation would curb the tendency of buying 1 share just before an IPO & also reduce chances of value loss to longterm existing shareholders.

@honey bear
Not understood. When parent sell share of subsidiary they acquire a market value which was hidden as book value by way of investment. When parent does a offer for sale it gets money which is used by it.
In this case 90 percent of IPO money is coming to parent so parent balance sheet improves to that extent
If you like the company going to IPO apply. In this case Glenmark life sciences at time of DRHP had 20 percent retail 10 regular retail and 10 shareholders. Now it has been joined into 35 percent for regular retail so what is the problem?

Following formula is suggested to SEBI for shareholders of parent/ associate company for shareholders entitlement in IPOs.
Allot 1 lot for all shareholders in the order of number of shares held on cut-off date in round robin method. In case of oversubscription , those holding less number of shares will be allotted on lottery basis. This gives far treatment to those holding large number of shares.

Glenmark Life Sciences IPO – *Market’s Current Estimates of oversubscription*:

NII = 40KCrs. = ~176.18X
RII = 32L Forms = 8.70X Applic. wise (Avg allotment of ~2.30 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *110.47 paise for 1X*

Thus, for NII the costing = 176.18 X 110.47 paise = Rs.194.62 per share (= GMP)

And, for RII the costing = 194.62 X 2.30 = Rs.447/- (= Kostak)


Glenmark Life Sciences IPO – *GMP Estimated*

GMP 205 +/- 2
Kostak 475 +/- 10
Subject 2 @3,500/-

@patel market ka to anubhav 20 saal se hai lekin itna jaldi estimate change egaleye ka hi hota hai

@mann : dikh rha hai tumara 20 saal ka anubhav....
better to keep shut if you cant praise someone for their efforts and good work....grey market activity keep changing and these estimates also changes frequently depending on various reasons like demand and other running ipo''s etc etc.....

Ah, another IPO! I will apply this from all my family accounts just to get rejected.

Kfin wala sbi ne 5 max demat & linkintime wale seperate NetBanking se kro saal me 3 mil hi jayenge

Anmish linkintime ka sbi se kya concern hai.

what is the current GMP

Hello Everyone.

Please answer me.

I am applying for the same IPO from two different Demat accounts. Those two Demat accounts are linked with different PAN numbers. But I''m using the same UPI id for both transactions. Will my both application gets rejected?

No, one bank account one IPO application is allowed.

Thanks for your reply.

gmp of Glenmark Life Sciences is 200 - 205 rs...
apply for listing gain...

Glenmark Life Science is set to raise 1060 croes (offer for sale 453 crs ) ,The company intends to proceed from the IPO for the growth of Contract Development and Manufacturing Organisation (CDMO) businesses .
The company has a Debit of Rs 916 crs , but the money from the IPO will go into expanding Two of its plants because the company expects fresh wave of demand ,some of the proceeds will go into CDMO businesses .
check the above details with your broker .

GMP of Glenmark is around 300.

Thank you Aniketiaf Sir for your prompt reply.

Dear Aniketiaf sir
In Zomato, your strategy - Sell on Listing day,
has perfectly worked.
🙏🏻🙏🏻🙏🏻

I have net banking of bank of India ,can I made five application of my friends from my account ! Third party applications possible !!

YES
Bank of india ,

GlenMark
205 +/- 2

BIG AND SHOCKING NEWS
Glenmark Life Sciences removed SH Quota from RHP. Earlier it was mentioned in DRHP but they have now removed it.

Actually quota for retail has increased. In DRHP it was just 10% and add 10% of shareholders which makes it 20%. Now retail and shareholders have bigger bucket of 35%

Agree.

Good new for retailer.

Grey mkt premium down to 200-210

has the premium come down or gone up

Glenmark pharma stock likely to tank tomorrow.

@lokesh

dr ready is like reliance of pharma, isn''t it?

Thanks for the info , it did tankkkkkkkk,

3 year se lagatar profit wali company ka ipo me quota kaise 10% hua ye samjh nahi aya.

As per sebi rule dhrp me hi 35% hona chahiye tha quota

PatelTrades Ji aap samjha do grow ho jayenge.

I just asked jo company 3 year se profit me ho usme as per sebi rule 35% quota retail ka dena jaruri hota hai to drhp me 10% hi kaise diya company ne or RHP me 35 kar diya.

May be I don''t know but can u explain so we can grow :)

thanks for good reply Arun ji.

Vaise company 2011 se kaam kar rahi hai. Is there any other reason.