Glenmark Life Sciences Limited IPO Message Board (Page 52)

Glenmark Life Sciences IPO is Expected between 15 to 25 July

It should come in July end so that we can rotate money from one IPO to other IPO and chances of more subscription for Glenmark also

Many members (including me) asking for process of allotment under share holder quota.
1. Lottery system or amy other method ?
2. Is there same chance of allotment for both the cases in share holder quota : apply 1 lot or 14 lot ?

Request to Expert Gurus & Chittorgarh Admin. Please help to get clarity.

Thank you so much

@Kring
Only retailers can apply two applications one in retail and another in shareholder

HNI can''t apply in shareholder, it will treat as multiple applications and both applications are liable for rejection.
It''s clearly mentioned in DRHP.

Yes, I stand corrected, only Retailers can apply for both in Retail and Shareholder quota via two separate applications, HNIs are not allowed. So best strategy to maximize your chances of allotment is to apply in Shareholder category to the maximum lots possible (up to 2L Rupees) and one lot in Retail category per PAN. Cheers!!

Glenmark Life Sciences Limited IPO and Zomato IPO Might Clash...
Be Ready for Biggest IPO Season....

@hchc sir,
Can you pls update tentative dates of Glenmark? In case you have details.

Thank you🙏

On 21st market holiday due to eid

Dear group members please explain the meaning of "proportionate allotment" in shareholders quota. Is it similar to allotment of shares as is done in HNI quota.

For Zomato buy InfoEdge. It is not for shareholder category but for value investing. Infoedge is beneficiary of Zomato Ipo.

No sharesholder quota in zometo for naukari sharesholders.

Issue size is Big, more than 900 crs for retailers so good chance of allotment.

But is this company worth to invest ? that we need expert opinion 🙂

Log zomato ka 19-21 ka date dal rahe he bina dekhe

1 bar dekho 21 ko market and bank holiday he

Sab taraf bazaar garam hai ipo ka. Koi ye bhi bata do ye company kaisi hai kahi equitas bank ki tarah listing hi discount par ho jaye.

G R INFRA APP 500
CLEAN SCIENCE APP 900

hi all
Plz tell any broker/person in Delhi for IPO application selling

find anil relan

Any one have contact number

How many glenmark shares needed for share holder quota.

1 is more than enough

Thanks for reply

What is the last date to buy Glenmark shares to apply under shareholder quota

Monday kk lelo last date ki rah mat dekho.

Can any one please guide how to open a demat account for minor online?

FOR SHARE HOLDERS CATEGORY ALLOTMENT:

Proportionate, subject to minimum Bid Lot. For details see, “OfferProcedure” on page 316of this Draft Red Herring Prospectus.

BELOW FOR SHARE HOLDERS CATEGORY

Bids by Eligible GPLShareholdersThe Bid must be for a minimum of [●] Equity Shares and in multiples of [●] Equity Shares thereafter so as to ensure that the Bid Amount payable by the Eligible GPLShareholders does not exceed Rs 200,000. Allotment in the Shareholders Reservation Portion will be as detailed in the section “OfferStructure” on page 313 of this Draft Red Herring Prospectus. Under subscription, if any, in the Shareholders Reservation Portion shall be added back to the Net Offer. Eligible GPLShareholders Bidding under the Shareholders Reservation Portion may Bid at Cut-off Price.Bids under the Shareholders Reservation Portion shall be subject to the following:•Only Eligible GPLShareholders (excluding such other persons not eligible under applicable laws, rules, regulations and guidelines) would be eligible to apply in this Offerunder the Shareholders Reservation Portion.•The sole/First Bidder shall be an Eligible GPLShareholder.•Only those Bids, which are received at or above the OfferPrice, would be considered for allocation under this category.•The Bids must be for a minimum of [●] Equity Shares and in multiples of [●] Equity Shares thereafter, so as to ensure that the Bid Amount payable by such Eligible GPLShareholder does not exceed Rs 200,000.•Bids by Eligible GPLShareholders in the Shareholders Reservation Portion and in the Retail Portion shall not be treated as multiple Bids. However, Bids by Eligible GPLShareholders in the Shareholders Reservation Portionand in the Non-Institutional Portion shall be treated as multiple Bids. Our Company and the Promoter Selling Shareholder reserve the right to reject, in their absolute discretion, all or any multiple Bids in any or all categories. For further details, see “OfferProcedure” on page 316 of this Draft Red Herring Prospectus.•If the aggregate demand in this category is less than or equal to [●] Equity Shares at or above the OfferPrice, full allocation shall be made to the Eligible GPLShareholders to the extent of their demand not exceeding a maximum of Rs 200,000.•Under-subscription, if any, in any category, (including the Shareholders Reservation Portion), except in the QIB Portion, would be allowed to be met with spill over from any other category or a combination of categories at the discretion of our Company and the Promoter Selling Shareholder, in consultation with the Lead Managersand the Designated Stock Exchange.If the aggregate demand in this category is greater than [●] Equity Shares at or above the OfferPrice, the allocation shall be made on a proportionate basis. For the method of proportionate basis of Allotment, see “OfferProcedure” on page 316 of this Draft Red Herring Prospectus.The information set out above is given for the benefit of the Bidders. Our Company, the PromoterSelling Shareholder, and the Lead Managers are not liable for any amendments or modification or changes to applicable laws or regulations, which may occur after the date of this Draft Red Herring Prospectus. Bidders are advised to make their independent investigations and ensure that any single Bid from them does not exceed the applicable investment limits or maximum number of the Equity Shares that can be held by them under applicable law or regulations, or as specified in this Draft Red Herring Prospectus or as will be specified in the RedHerring Prospectus and the Prospectus.

What is retail portion 10% or 35%?

@chalak ji 👆 I hope I have tried to answer your que.

Let''s wait for RHP then I will write email to registrar to get clear answer about top priority for who applied more lots when number of applications received more than available lots.

Mast chhe KD bhai pan thodu complicated chhe.

When RHP will be filled

mostly in coming 2weeks

The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) application of food delivery company Zomato, paving the way for one of the most keenly awaited share sales in recent history.

Zomato, backed by China''s Ant Group, filed for the IPO in April and is said to be looking to raise up to $1.2 billion. SEBI is likely to give the official approval this Monday for the IPO, a person familiar with the matter told

Last date share holdings glenmark pharma?

Abhi RHP ki detail nahi pata us se hi pata chal payega

Zomato may come mid July..
If sebi clears

Source ..Money control

No sharesholder category in ZOMATO ipo

Thank you KDKing :)

last date share holdings for glenmark pharma?

After some five companies that launched their offerings in the previous month, July is set to be the busiest month in terms of IPOs as many as eleven companies are in the list to launch their issues with the aim to raise around Rs 24,000 crore. Companies like Glenmark Life Sciences, Utkarsh Small Finance Bank, Seven Islands Shipping are expected to hit the IPO market this month.