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IPO Status: Listed [9th Nov 2020 to 11th Nov 2020]
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IPO Details | Values |
---|---|
IPO Open Date | 9th Nov 2020 |
IPO Close Date | 11th Nov 2020 |
IPO Issue Size | Aggregating up to ₹6,479.55 Cr |
IPO Issue Price | ₹1490-1500 |
Market Lot | 10 Shares |
Latest and updated information about Gland Pharma IPO. Dates are updated as they are announced.
IPO Activity | Date |
---|---|
IPO Open Date | 9th Nov 2020 |
IPO Close Date | 11th Nov 2020 |
Basis of Allotment Finalisation Date* |
17th Nov 2020 |
Refunds Initiation* | 18th Nov 2020 |
Credit of Shares to Demat Account* |
19th Nov 2020 |
IPO Listing Date* | 20th Nov 2020 |
* - Tentative Dates
Once an IPO closes for subscription, registrar prepares a basis of allotment in line with SEBI's guidelines. Allotment generally takes place within 1 to 3 days after issue closure.
IPO applicant in any category; QIB, NII, or Retail investor can check the allotment status on the official website of the IPO registrar. Check the Gland Pharma IPO allotment link below:
Follow the below steps to know whether you got the AGland Pharma public issue IPO allotment or not;
Note: As registrar is respomsible for the allotment, credit of shares, and refund processes. Thus, in case of any discrepency regarding shares allocation and refunds, you can raise your query to the registrar ([email protected]).
You will also be intimated for allotment status by your bank and broker via email and SMS. A bidder can also check the allotment status by login to their Demat account with your broker.
When an IPO bidder wants to know how shares are allotted to different categories of investors, he/she must check IPO basis of allotment (BOA).
Basis of allotment (BOA) is an important document prepared by registrar to provide complete details on how many applications or bids have been received for the public issue by anchor investors, QIBs, NIIs, and Retail investors (RII) and the ratio of shares allocations. Thus the document shows the IPO demand by providng details on number of applications received along with the shares reserved across categories, and the shares allocation ratio for different categories of applicants.
The allocation ratio in the BOA specifies that how many applicants will receive one lot of shares among specified number of applicants. For instance, if the ratio is 1:10 means every 1 out of 15 IPO applicants will receive one IPO lot.
Last Updated on 2021-01-30T23:21:59+00:00