Glenmark Life Sciences Limited IPO Message Board (Page 44)

At the beginning of July, I’ve read in other threads that one has to hold Glenmark stock to become eligible to apply to this IPO. Don’t see any such details here.

What am I missing? Anyone kind enough to educate me please? (I did purchase 4 Glenmark Pharma shares 2 each from BSE & NSE as on 7/7/21)

@SauravCP, but the stock could correct tomorrow. If you have shares, I would suggest holding them and selling after Life Sciences lists.

@Saurav, Discussion is only about updated RHP as there is no shareholder quota for Glenmark pharma shareholders but DRHP stated otherwise.

But as a retail investor you can always apply in Retail quota.

Axis capital is neutral, should we worry?

Axis Capital is always neutral - their note is purely factual, does not give reco

High price ipo, gmp down, no shareholder quota i think not a good from this ipo

Some members in the forum be like..
5-10 rs idhar udhar gmp sarka dete hai..Inko kya hi pata chalega..😃

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

NII = 35KCrs. = ~154.16X
RII = 25L Forms = 6.80X Applic. wise (Avg allotment of ~2.94 shares per lot)

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

Thus, for NII the costing = 154.16 X 110.47 paise = Rs.170.29 per share (= GMP)

And, for RII the costing = 170.29 X 2.94 = Rs.501/- (= Kostak)


Glenmark Life Sciences IPO – *GMP Estimated*

GMP 185 +/- 2
Kostak 545 +/- 10
Subject 2 @3,150/-

Gmp of glenmark science is 200 - 205 rs..
Apply for listing gain and also for long term...

Rolex Rings IPO to hit the market on 28 July 2021 and closes on 30 July 2021. The company plans to raise Rs 700 crore through the initial public offerings. The IPO comprises fresh issue of Rs 70 crores and offer for sale up to 6,500,000 equity shares of existing share holders. Rolex Rings incorporated in 2003 based in Rajkot, Gujarat. They are one of the top 5 forging companies in India.

This fall in GMP from 300 to 185 can only be explained by decreasing expected NII participation as seen in Eagle Eye comments, it seems it''ll fall further, so be careful in buying from grey market, people are getting befooled with recent IPO success viz GRIL, CLEAR SCIENCE,TATVA, this platform is great in saving innocent investors,... comments Eagle Eye..

yes this will change from time to time ,
GMP is only indicative what the brokers feel before listing
stock will adjust up or down after listing ,
Always have stop loss , by consulting your finaincial advisor ,
but finaincial advisor mostly cannot advise on stoplossin IPO stock due
to limited data

Upper me kuch to gadbad huai he .

Down by 100+ .

Kuch to he jo nai pata chala

Glenmark Life Sciences IPO – *GMP Estimated*

GMP 185 +/- 2
Kostak 545 +/- 10
Subject 2 @3,150/-

Shayad clash ki wajah se... Rolex shayad better lag raha hoga bade logo ko!!

@amit

NII
50k crore lagane wale the jo ab 35k crore lagaayenge, interest kam lagega costing kam hogi isliye GMP down hai.

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

NII = 35KCrs. = ~154.16X
RII = 25L Forms = 6.80X Applic. wise (Avg allotment of ~2.94 shares per lot)

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

Thus, for NII the costing = 154.16 X 110.47 paise = Rs.170.29 per share (= GMP)

And, for RII the costing = 170.29 X 2.94 = Rs.501/- (= Kostak)

GMP of Glenmark Life in Jaipur 215 -220 ,why it''s falling after starting at 300

How much is the NII category allocation amount?

🌟 Glenmark Life Sciences

🔸Basic Details
Dates : 27 - 29 July 2021
Size : 1513.60 Crores
Price Band : 695 - 720
Lot Size : 20 Shares
Retail Quota : 35%
Registrar - Kfintech

🔸Financial Analysis FY 20-21
EPS : Rs 32.61
Book Value: Rs 69.82
Return On Net Worth: 46.71%
PE Ratio: 22.08

EPS = 22.90
PE = 33
ROCE = 24.37
ROE = 22.09

@ girishkumar

Above data of Aditya are correct w.r.t RoNW , EPS and PE

I am trying to understand why most of the IPOs in recent time coming up with it''s face value less than 10. Secondly all these consists OFS'' majorly?

Simple reason: Existing investors and promoters of the company want to cash in current market euphoria so that they can get lofty valuations.

Dont buy and pay lofty valuations. You are free not to buy

Admin
Plz provide 3rd party application submission online netbanking asba facility bank list

Banks like SBI, Axis, BoB, and RBL offer the 3rd Party IPO application.

Grey Mkt premium : 275

Admit
Plz provide 3rd party application online asba submission bank name list

S2 4200

Fix 450.

Glenmark Life Sciences Ltd ~ Leadership in Select High Value, Non-Commoditized APIs in Chronic Therapeutic Areas.