Glenmark Life Sciences Limited IPO Message Board (Page 45)

Glenmark Life Sciences IPO – *GMP Estimated*

GMP 270 +/- 2
Kostak 610 +/- 10
Subject 2 @4,600/-

Grey Market Premium Rs. 295/305
Application Rates :Rs. 550
Subject to Rates : Rs. 5000

Glenmark Life Sciences IPO – *GMP Estimated*

GMP 270 +/- 2
Kostak 610 +/- 10
Subject 2 @4,600/-

Devyani International, the largest franchisee of Yum Brands, operating core brands such as Pizza Hut, KFC and Costa Coffee besides its own brands such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli and Ckrushh Juice Bar, has received the approval of the Securities and Exchange Board of India for an initial public offering (IPO).

Looks like Decent Pricing.....

Gmp activities start in glenmark life sciences ipo...
Gmp of glenmark life is 218 - 222 rs...
Sub to 3650 - 3700 rs...

Not yet out mostly

20 lot size

Madam,
can you please tell which one would be better for long term Tatva Chintan Pharma or Glenmark life sciences?

Dear chittorgarh admin team, if possible try to provide feature to attach images, pdf, documents in post.

I know it will increase your storage requirement but it will be a great feature for your users.

People will post Anything, i think they should not add this feature. Everyone will post Screenshot of allotement nd profits etc.

People will misuse this feature.

Glenmark Life Sciences IPO – Schedule *(Final – Pg#311 of RHP)*

22nd July – Announcement of Price Band
26th July – Anchor Investors Allotment
27th July – Offer Opens
29th July – Offer Closes
03rd Aug – Finalisation of Basis of Allotment
04th Aug – Unblocking of ASBA Accounts
05th Aug – Credit of Equity Shares to Depository Accounts
06th Aug – Commencement of Trading


Glenmark Life Sciences IPO – Issue Information *(Final)*

Issue Opens on: 27 July 2021
Issue Closes on: 29 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 2,10,22,222 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.695 – Rs.720 Share
Discount: NIL
Market Lot: 20 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 10,78,04,950 Shares
Fresh Issue of 1,47,22,222 Shares @720/- = Rs.1,060.00Crs
Offer for Sale of 63,00,000 Shares @720/- = Rs.453.60Crs
Equity Shares outstanding after the Issue = 12,25,27,172 Shares

Category-wise Break up:
Anchor – 63,06,667 Shares = 454.08Crs
QIB – 42,04,444 Shares = 302.72Crs
NII – 31,53,333 Shares = 227.04Crs
RII – 73,57,778 Shares = 529.76Crs (Lot size: 20 = 3,67,889 Forms)
Total Issue – 2,10,22,222 Shares = 1513.60Crs.

Subscription required for 1X
RII = 3,67,889 Forms
NII = 227.04Crs


Glenmark Life Sciences IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated July 19, 2021 (358 pages)

EPS for FY18-19 >>> Rs.24.64 (Page #82 of RHP)
EPS for FY19-20 >>> Rs.29.04 (Page #82 of RHP)
EPS for FY20-21 >>> Rs.32.61 (Page #82 of RHP)

RoNW for FY18-19 >>> 99.25% (Page #83 of RHP)
RoNW for FY19-20 >>> 77.94% (Page #83 of RHP)
RoNW for FY20-21 >>> 46.71% (Page #83 of RHP)

NAV as on March 31, 2021 was Rs.69.82 (Page #83 of RHP)

Listed Industry Peer Group (Page #83 of RHP): Divis Laboratories, Laurus Labs, Shilpa Medicare, Aarti Drugs, Solara Active Pharma Sciences 
Glenmark Life Sciences IPO – *Market’s Current Estimates of oversubscription*:

NII = 50KCrs. = ~220.23X
RII = 32.50L Forms = 8.83X Applic. wise (Avg allotment of ~2.26 shares per lot)

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

Thus, for NII the costing = 220.23 X 110.47 paise = Rs.243.27 per share (= GMP)

And, for RII the costing = 243.27 X 2.26 = Rs.551/- (= Kostak)


Glenmark Life Sciences IPO – *GMP Estimated*

GMP 250 +/- 2
Kostak 565 +/- 10
Subject 2 @4,250/-

Dear Sir,

Greetings!

I am new in investing in IPO. Kindly guide how to analyze to buy a IPO?
I had applied several IPOs in past and nothing got allotted due to over subscription. Is there other way to get allot? Please suggest.

REVISED...


Glenmark Life Sciences IPO – Schedule *(Final – Pg#311 of RHP)*

22nd July – Announcement of Price Band
26th July – Anchor Investors Allotment
27th July – Offer Opens
29th July – Offer Closes
03rd Aug – Finalisation of Basis of Allotment
04th Aug – Unblocking of ASBA Accounts
05th Aug – Credit of Equity Shares to Depository Accounts
06th Aug – Commencement of Trading


Glenmark Life Sciences IPO – Issue Information *(Final)*

Issue Opens on: 27 July 2021
Issue Closes on: 29 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 2,10,22,222 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.695 – Rs.720 Share
Discount: NIL
Market Lot: 20 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 10,78,04,950 Shares
Fresh Issue of 1,47,22,222 Shares @720/- = Rs.1,060.00Crs
Offer for Sale of 63,00,000 Shares @720/- = Rs.453.60Crs
Equity Shares outstanding after the Issue = 12,25,27,172 Shares

Category-wise Break up:
Anchor – 63,06,667 Shares = 454.08Crs
QIB – 42,04,444 Shares = 302.72Crs
NII – 31,53,333 Shares = 227.04Crs
RII – 73,57,778 Shares = 529.76Crs (Lot size: 20 = 3,67,889 Forms)
Total Issue – 2,10,22,222 Shares = 1513.60Crs.

Subscription required for 1X
RII = 3,67,889 Forms
NII = 227.04Crs


Glenmark Life Sciences IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated July 19, 2021 (358 pages)

EPS for FY18-19 >>> Rs.24.64 (Page #82 of RHP)
EPS for FY19-20 >>> Rs.29.04 (Page #82 of RHP)
EPS for FY20-21 >>> Rs.32.61 (Page #82 of RHP)

RoNW for FY18-19 >>> 99.25% (Page #83 of RHP)
RoNW for FY19-20 >>> 77.94% (Page #83 of RHP)
RoNW for FY20-21 >>> 46.71% (Page #83 of RHP)

NAV as on March 31, 2021 was Rs.69.82 (Page #83 of RHP)

Listed Industry Peer Group (Page #83 of RHP): Divis Laboratories, Laurus Labs, Shilpa Medicare, Aarti Drugs, Solara Active Pharma Sciences 
Glenmark Life Sciences IPO – *Market’s Current Estimates of oversubscription*:

NII = 50KCrs. = ~220.23X
RII = 32.50L Forms = 8.83X Applic. wise (Avg allotment of ~2.26 shares per lot)

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

Thus, for NII the costing = 220.23 X 110.47 paise = Rs.243.27 per share (= GMP)

And, for RII the costing = 243.27 X 2.26 = Rs.551/- (= Kostak)


Glenmark Life Sciences IPO – *GMP Estimated*

GMP 250 +/- 2
Kostak 565 +/- 10
Subject 2 @4,250/-

What is revised ?

Oh Shit. There is no shareholders quota in this issue. Today only I bought 1 share in all my accounts.

Yes, for sure.......

Without knowing the facts, I do not express opinion based on conjecture''s as to why share holder quota was dropped in RHP. I feel , for share holder entitlement and allotment, both the number of shares currently being held and the number of shares being applied need to be considered together ;like in rights issues. This will prevent every one rushing to buy single share just to be eligible for share holder entitlement and corner multiple lots. All shareholders are not equal. I will suggest to SEBI the same.

Suppose someone holds 19 shares and the lot size turns out to be 20, so you will ignore them?

IMO DRHP approval date should be considered as cut-off date with the condition of no alteration or manipulation in shareholder category irrespective of number of shares.

Price band is Rs 695 to Rs 720

👍🙏

Price Band : Rs 695-Rs 720
Lot : 20 shares

What about shareholder quota...??? Not see the same... Anybody have detail kindly share...

No shareholder quota

Do we have employee and share holder category?

No

RHP Link :

https://www.sebi.gov.in/filings/public-issues/jul-2021/glenmark-life-sciences-limited_51264.html

Glenmark Life Sciences IPO – Schedule *(Final – Pg#311 of RHP)*

22nd July – Announcement of Price Band
26th July – Anchor Investors Allotment
27th July – Offer Opens
29th July – Offer Closes
03rd Aug – Finalisation of Basis of Allotment
04th Aug – Unblocking of ASBA Accounts
05th Aug – Credit of Equity Shares to Depository Accounts
06th Aug – Commencement of Trading


Glenmark Life Sciences IPO – Issue Information *(Tentative)*

Issue Opens on: 27 July 2021
Issue Closes on: 29 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 2,09,20,689 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.720 – Rs.725 Share
Discount: NIL
Market Lot: 20 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 10,78,04,950 Shares
Fresh Issue of 1,46,20,689 Shares @725/- = Rs.1,060.00Crs
Offer for Sale of 63,00,000 Shares @725/- = Rs.456.75Crs
Equity Shares outstanding after the Issue = 12,24,25,639 Shares

Category-wise Break up:
Anchor – 62,76,207 Shares = 455.03Crs
QIB – 41,84,138 Shares = 303.35Crs
NII – 31,38,103 Shares = 227.51Crs
RII – 73,22,241 Shares = 530.86Crs (Lot size: 20 = 3,66,112 Forms)
Total Issue – 2,09,20,689 Shares = 1516.75Crs.

Subscription required for 1X
RII = 3,66,112 Forms
NII = 227.51Crs


Glenmark Life Sciences IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated July 19, 2021 (358 pages)

EPS for FY18-19 >>> Rs.24.64 (Page #82 of RHP)
EPS for FY19-20 >>> Rs.29.04 (Page #82 of RHP)
EPS for FY20-21 >>> Rs.32.61 (Page #82 of RHP)

RoNW for FY18-19 >>> 99.25% (Page #83 of RHP)
RoNW for FY19-20 >>> 77.94% (Page #83 of RHP)
RoNW for FY20-21 >>> 46.71% (Page #83 of RHP)

NAV as on March 31, 2021 was Rs.69.82 (Page #83 of RHP)

Listed Industry Peer Group (Page #83 of RHP): Divis Laboratories, Laurus Labs, Shilpa Medicare, Aarti Drugs, Solara Active Pharma Sciences 
Glenmark Life Sciences IPO – *Market’s Current Estimates of oversubscription*:

NII = 40KCrs. = ~175.81X
RII = 32.50L Forms = 8.88X Applic. wise (Avg allotment of ~2.25 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *111.23 paise for 1X*

Thus, for NII the costing = 175.81 X 111.23 paise = Rs.195.56 per share (= GMP)

And, for RII the costing = 195.56 X 2.25 = Rs.441/- (= Kostak)


Glenmark Life Sciences IPO – *GMP Estimated*

GMP 200 +/- 2
Kostak 450 +/- 10
Subject 2 @3,400/-

Eagle and Crow are here, so duckyDuck will do "Quack Quack".

Madam, Thanks for the information. I am going to apply from all accounts.

GMP IS SO GOOD
STRONG LEVEL OF GMP 250++

358 ka raaz kya he koi bata sakta he

Wah….IPOPaji

thodi bahot jankari hum bhi rakhte he kisi aur ke sahyog se nam nahi bata sakte

before anyone get I already set everything in grey

8 per 1 lagega...