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Glenmark Life Sciences IPO GMP, Glenmark Grey Market Premium Today, Glenmark Life Sciences IPO Details

Glenmark Life Sciences IPO GMP - Latest Grey Market Premium, Grey Market Premium Today & review

Know All About Glenmark Life Sciences IPO as on Today - Glenmark Life Sciences IPO GMP (Glenmark Life Sciences IPO Gray Market Premium), Kostak rates, and Subject to Sauda rates, Glenmark Life Sciences IPO Review. We will update Gray Market Premium everyday. Glenmark Life Sciences IPO will start from 27th July 2021, all information about Glenmark Life Sciences IPO is given below.
Glenmark Life Sciences IPO GMP
    Glenmark Life Sciences IPO (Initial Public Offering) will open for subscription on 27th July 2021 and remain open for bidding till 29th July 2021. Incorporated in 2011, they are the leading manufacturer of Active Pharmaceutical Ingredients (APIS). The IPO price band of Glenmark Life Sciences has been fixed from ₹695 to ₹720. The company wants to raise Rs 1514 crore through Initial Public Offering (IPO). Where Rs 1060 crore will be from fresh issue and the rest will be under OFS (Offer for Sale). In this IPO, shares worth Rs 454 crore will be sold through an offer for sale. The Glenmark Life Sciences IPO will be listed on NSE and BSE on 06 august. Glenmark Life Sciences is one of the largest APIs-making companies.

    👉🏻 What is Glenmark Life Sciences IPO GMP Today?
    The Glenmark Life Sciences IPO GMP( grey market premium) is ₹90.

    👉🏻 What is Glenmark Life Sciences IPO Kostak Rates Today?
    The Glenmark Life Sciences IPO kostak rate is ₹0.

    👉🏻 Glenmark Life Sciences IPO Expected Returns (in %)?
    The Glenmark Life Sciences expected return is aprox 10% to 15%.


    Glenmark Life Sciences GMP (Grey Market Premium)

    DATEGMPCOSTAK
    15 July₹0₹0
    16 July₹0₹0
    17 July₹0₹0
    18 July₹0₹0
    19 July₹0₹0
    20 July₹0₹0
    21 July₹300₹600
    22 July₹250₹350
    23 July₹200₹300
    24 July₹200₹300
    25 July ₹200 ₹300
    26 July ₹150 ₹200
    27 July ₹120 ₹350
    28 July ₹140 ₹300
    29 July ₹150 ₹300
    30 July ₹150 ₹300
    31 July ₹150 ₹300
    01 August ₹150 ₹300
    02 August ₹150 ₹300
    03 August ₹95 ₹300
    04 August ₹85 ₹0
    05 August ₹90 ₹0
    06 August ₹90 ₹0

    Glenmark Life Sciences IPO Date and Price Band Details

    IPO Open27th July 2021
    IPO Close29th July 2021
    Listing Date06 August 2021
    Listing OnNSE & BSE
    IPO SizeApprox ₹1514 Crores
    Fresh IssueApprox ₹1060 Crores
    Offer For SaleApprox ₹454 Crores
    Price Band₹695 to ₹720 Per Share
    Face Value₹2 Per Equity Share
    PE--
    EquityShares
    Retail Portion35%

    Glenmark Life Sciences IPO Market Lot & Size

    Minimum Lot01
    Minimum Lot Size20 Shares
    Minimum Amount₹14,400
    Maximum Lot13
    Maximum Lot Size260Shares
    Maximum Amount₹1,87,200

    Glenmark Life Sciences IPO Allotment & Listing Date

    Basis of Allotment03 August 2021
    Refund Date04 August 2021
    Credit to Demat Account05 August 2021
    Listing Date06 August 2021

    Purpose of the offer 

    • Payment of outstanding purchase consideration to the promoter for spin-off of API business from the promoter in the company. 
    • Funding of capital expenditure requirements. 
    • General corporate purposes.

    Glenmark Life Sciences IPO Review

    Glenmark Life Sciences IPO

    ! Note:- Rated by Happiest Post

    Glenmark Life Sciences Ipo Review

    Review For Listing Gain


    Review For Short Term


    Review For Long Term


    Strength

    • Creating APIs is Glenmark's expertise.The company is the market leader in API manufacturing. 
    • It's APIs are exported not only to India but also to Latin America, North America, Europe, Japan and many other countries. The company gets global recognition due to its exports to many countries.
    • Not only this, he also has a good relationship with the global company. Glenmark has been able to retain 69% of its customers for the last 3 years.

    weakness

    • Now we talk about the risk of the company, then the biggest risk factor of the company is that most of their revenue comes from API business. That is, their revenue generation mostly comes from API sales. About 85-90% of their revenue comes from API sales.
    • If it is to make them a good quality API, they also need good quality raw material. If they get raw material of low flame quality or late, it will affect their manufacturing which will affect their sales. And if there is no sales then their revenue will also be less. It is mainly dependent on India (60%) and China (40%) for raw materials.
    • Dependency of sale of product to limited customers.

    Glenmark Life Sciences Finacials

    YearRevenue from OperationsPATEBITDAEBITDA MARGIN
    2019 ₹1405-₹331.6₹27.60%
    2020₹1537₹195.5₹429.8₹30.59%
    2021₹1418₹313₹483.9₹31.48%


    Revenue from API Business

    YearRevenue from APIs Business
    201989.87%
    202084.16%
    202190.63%


    FAQs About Glenmark Life Sciences Ipo

    What is the Glenmark Life Sciences IPO opening date?
    • Glenmark Life Sciences IPO opening date is 27 July.

    What is Glenmark Life Sciences IPO GMP Today?
    • Glenmark Life Sciences IPO GMP is ₹90 as on today.

    How much is Glenmark Life Sciences IPO Kostak Rate Today?
    • Glenmark Life Sciences IPO Kostak Rate is ₹0 as on today.

    What is the Glenmark Life Sciences IPO Closing date?
    • Glenmark Life Sciences IPO Closing date is 29 July.

    What is the Glenmark Life Sciences IPO listing date?
    • Glenmark Life Sciences IPO listing date is 06 August.

    What is Glenmark Life Sciences IPO Subject to Sauda Today?
    • Glenmark Life Sciences IPO Subject to Sauda is ₹-- as on today.

    What is Glenmark Life Sciences IPO Expected Returns after Listing?
    • Glenmark Life Sciences IPO Expected Returns is 10-15%.

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