
Healthcare / Pharmaceuticals & Biotechnology · NSE / BSE
Founded in Hyderabad, India, in 1978, Gland Pharma has evolved from a small-scale contract manufacturer to one of the largest and fastest-growing injectable-focused companies. It has a global presence in 60 countries, including the United States, Europe, Canada, Australia, and India. Operating primarily under a B2B model, Gland Pharma has a strong track record in developing, manufacturing, and marketing complex injectables. Its integrated presence across the value chain has fueled rapid growth. The company is promoted by Shanghai Fosun Pharma, a leading global pharmaceutical company.
Price Band
₹1490 – ₹1500
Issue Size
₹6480 Cr
Lot Size
10 shares
GMP
+7.9%
Est. Listing
₹1618
at current GMP
Subscribed
—
Open
9 Nov 2020
Close
11 Nov 2020
Allotment
18 Nov 2020
Refund
19 Nov 2020
Demat Credit
20 Nov 2020
Listing
20 Nov 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 21,598,500 | — | 0.00x |
| Non-Institutional (NII / HNI) | 6,479,550 | — | 0.00x |
| Retail Individual (RII) | 15,118,950 | — | 0.00x |
| Total | 43,197,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,511,895 | 1,511,895 | 1.00x |
| HNIs (10L +) | 9,671 | 9,671 | 1.00x |
| HNIs (2-10L) | 46,283 | 46,283 | 1.00x |
| Total Applications | 1,567,849 | 1,567,849 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Gland Pharma Limited is bringing an initial public offering (IPO) in the Healthcare / Pharmaceuticals & Biotechnology sector with an aggregate issue size of ₹6,479.55 Crores. The shares are offered at a price band of ₹1490 to ₹1500 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 10 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-11-20, while un-allotted funds or UPI block mandates will be released on 2020-11-19.
The latest Grey Market Premium (GMP) for Gland Pharma Limited IPO is ₹118 per equity share. Based on the upper price band of ₹1490 to ₹1500 per equity share, the estimated listing price is ₹1618 (+7.9% expected listing gain).
With a lot size of 10 shares and current GMP of ₹118, the expected profit per application lot is approx ₹1,180 (+7.9% gain). Minimum application cost is approx ₹15,000.
The Gland Pharma Limited IPO aggregate issue size is ₹6,479.55 Crores with an equity price band set at ₹1490 to ₹1500 per equity share. The retail lot size is 10 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2020-11-18. Investors can verify status using PAN card or application number.
Gland Pharma Limited shares are scheduled to list on NSE and BSE on 2020-11-20.