Gland Pharma IPO Review

IPO Status: Closed [9th Nov 2020 to 11th Nov 2020]

Broker Articles   Buyback Dashboard   IPO Dashboard   Compare Top Stock Brokers in India  
Rated 3.5/5 by Team TopShareBrokers

Free Delivery Trading with Zerodha,
Open account now and Invest in IPO.

Name 

 Phone 
Email   State 
City    NRI Form ⇒

What is Gland Pharma IPO?

Gland Pharma IPO is opening for subscription from 9th Nov 2020 to 11th Nov 2020. The IPO (India's largest pharma IPO) issue size is Rs 6,479.55 crore (Fresh issue of Rs 1250 crore and offer for sale of ~Rs 5230 crore). Gland Pharma IPO price band is Rs 1490 - Rs 1500 and IPO lot size is 10 shares and multiple of it. The IPO floor price is 1490 times, and the cap price is 1500 times the face value. Get here the complete Gland Pharma IPO review including all the information regarding the company like business, objective, strength, weakness, financials, IPO Price, IPO dates, GMP, and much more.

  • Incorporated Year: 1978
  • Sector: Pharmaceutical
  • Website: www.glandpharma.com
  • Issue Size: Rs. 6480 Crore

About Company - Gland Pharma Ltd

Gland Pharma Ltd started its journey as a contract manufacturer of liquid parenteral products, and today, it is the world's fastest-growing injectable company. Currently, its product portfolio includes sterile injectables, oncology & ophthalmic, and complex injectables. It delivers its product via liquid vials, pre-filled syringes, bags and drops, and ampoules.

With the growing product portfolio, the company has established seven manufacturing capabilities in India, including 22 Production Lines and 3 Active Pharmaceutical Ingredient (API) units. It keenly focuses on R&D investment and new technology to synthesize complex molecules to produce complex injectables.

The business has a global footprint in 60+ countries across five continents, including the US, Canada, Australia, India, Europe, etc. Its client base includes Sagent Pharmaceuticals, Apotex Inc, Fresenius Kabi USA, LLC, Athnex Pharmaceutical Division, LLC.

Gland Pharma IPO Objective

Gland Pharma IPO funds will be used for the following key purposes

  • To meet the business working capital requirements.
  • To finance the capital expenditures requirements of the company.
  • To finance general corporate purposes.

Company may allocate up to 60% Shares of the QIB Portion to Anchor Investors.

Gland Pharma IPO Details

Gland Pharma IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Gland Pharma IPO Details
Gland Pharma Issue Details Values
IPO Category Mainline
IPO Issue Type Book Built Issue IPO
IPO Issue Size Aggregating up to ₹6,479.55 Cr
Offer for Sale 34,863,635 shares
Fresh Issue Aggregating upto ₹1250 Crore
Face Value ₹1 Per Equity Share
IPO Issue Price ₹1490-1500
IPO Discount NA
Market Lot 10 Shares
Min Retail Qty 10 Share (1 lot)
Max Retail Qty 130 Shares (13 lots)
Promoter Holding Pre IPO 74%
Promoter Holding Post IPO 58.36%
IPO Listing At BSE, NSE
BSE Code
NSE Code

Gland Pharma IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 8,639,394 Shares
  • Non-Institutional Investors: 6,479,546 Shares
  • Retail Individual Investor: 15,118,939 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered8,639,3946,479,54615,118,93930,237,879
19th Nov 2020 17:020.00x0.01x0.08x0.04x
210th Nov 2020 17:020.48x0.03x0.15x0.22x
311th Nov 2020 18:026.40x0.51x0.24x2.06x

Gland Pharma Financials for past 3 Years

Past performance and financial results of Gland Pharma.

Gland Pharma financial
Gland Pharma IPO Financials 31-March-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹4,086.04 Cr ₹3,523.55 Cr ₹2,929.47 Cr
Total Income ₹2,772.41 Cr ₹2,129.77 Cr ₹1,671.68 Cr
Net Profit/Loss ₹772.86 Cr ₹451.86 Cr ₹321.05 Cr

Gland Pharma IPO Strengths

  • Strong portfolio of diverse complex injectables.
  • Export products in more than 60 countries.
  • 7 Robust manufacturing facilites.
  • Strong long-term financial track record, revenue and profitability.

Gland Pharma IPO Threats/Weaknesses

  • Strict regulartory, license, and permits requirements.
  • High revenue concentration in the US market.
  • Revenue dependency over few injectables.
  • Adverse impact of uncertain COVID-19 pandemic on business revenues.

Gland Pharma IPO Important Dates

In this section we have covered all important dates related to Gland Pharma IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Gland Pharma IPO important dates
IPO Activity Date
IPO Issue Open Date 9th Nov 2020
IPO Issue 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

Apply in an IPO and Save 90% on your brokerage

Do you know you could save the brokerage cost significantly by moving to online discount stock broker? Our expert team compare top share brokers in India to help investors like you. STOP paying Demat AMC, brokerage in %, PCM fee and high stamp duty today.

@
  NRI Form ⇒

Gland Pharma IPO Draft Prospectus >>Document

Gland Pharma IPO Red Herring Prospectus >>Document

Gland Pharma IPO Allotment Status >>Link

Company Address

Gland Pharma Limited
Sy. No. 143 - 148, 150 and 151, Near Gandi Maisamma 'X' Roads,
D.P. Pally,Dundigal Medchal-Malkajgiri District,
Hyderabad, Telangana
Website: Gland Pharma Limiteed
Email: [email protected]
Phone: +91 40 3051 0999

Registrar

Link Intime India Private Limited
C-101, 1st floor, 247 Park Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai - 400 083
Maharashtra, India
E-mail: [email protected]

Lead Manager

  1. Kotak Mahindra Capital Company Limited
  2. Ctigroup Global Markets India Private Limited
  3. Haitong Securities India Private Limited
  4. Nomura Financial Advisory and Securities Private Limited
Gland Pharma IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Gland Pharma? Should I apply in Gland Pharma IPO?

Last Updated on 2020-11-17T23:35:57+00:00

Gland Pharma IPO FAQs

  1. 1. How to subscribe Gland Pharma IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Gland Pharma IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Gland Pharma IPO with Zerodha.

    Alternate approch to apply in Gland Pharma IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Gland Pharma IPO Review and Important Updates

    Other relevant questions :

    How to subscribe Gland Pharma IPO Zerodha? How to purchase Gland Pharma IPO on Zerodha? Gland Pharma IPO how to buy Zerodha? Gland Pharma IPO Zerodha apply. Gland Pharma IPO purchase Zerodha. Gland Pharma IPO with Zerodha. Gland Pharma IPO at Zerodha. Gland Pharma IPO kite Zerodha. Gland Pharma IPO using Zerodha. Gland Pharma IPO via Zerodha.

     

  2. 2. How to apply in Gland Pharma IPO online?

    Apply in Gland Pharma IPO online

    To subscribe or apply in Gland Pharma IPO, you can use the following methods:

    Gland Pharma IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Gland Pharma IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Gland Pharma IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Gland Pharma IPO. Most of the Syndicate Banks provide access to apply in Gland Pharma IPO via ASBA process. You must have your net banking access, DP ID information to apply in Gland Pharma IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Gland Pharma IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Gland Pharma IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe Gland Pharma IPO? Where to apply for Gland Pharma IPO? How to subscribe Gland Pharma IPO online? Gland Pharma IPO where to apply? Where to buy Gland Pharma IPO online? How to buy Gland Pharma IPO online? How to purchase Gland Pharma IPO? How to get Gland Pharma IPO? How to book Gland Pharma IPO? How to invest Gland Pharma IPO? Gland Pharma IPO kaise buy kare?

     

  3. 3. How to download online application form for Gland Pharma IPO?

    Applying in Gland Pharma IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Gland Pharma IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply Gland Pharma IPO, please refer article >> Link

    Gland Pharma IPO Review and Important Updates

    Steps to download the online application form for Gland Pharma IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 10 and max 130 Shares (13 lots).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

    Other relevant questions:

    How to fill Gland Pharma IPO form? How to fill Gland Pharma IPO form online? Gland Pharma IPO online form? Gland Pharma IPO online form fill up? Gland Pharma IPO blank form download? Gland Pharma IPO bid form? Gland Pharma IPO full form? Gland Pharma IPO form nse? Gland Pharma IPO form bse? Gland Pharma IPO form online? Gland Pharma IPO form print? Gland Pharma IPO application amount?

     

  4. 4. What is the listing date of Gland Pharma IPO?

    Gland Pharma IPO is going to be list on 20-11-2020.

    Other relevant questions:

    When Gland Pharma IPO will be listing? Gland Pharma IPO listing date?Gland Pharma IPO date of listing

     

  5. 5. When Gland Pharma IPO will be allocated?

    Gland Pharma IPO Allotment Date is 17-11-2020.

    Other relevant questions:

    Gland Pharma IPO share allotment date?Gland Pharma IPO allotment date?

     

Compare 3 Brokers

User Comments

avatar
1. Vinay Jain  11/6/2020 7:54:46 PM Reply
Good IPO, but due to the price band and current GMP trend, we will see another SBI Card.
avatar
2.1. Rohit  11/9/2020 1:04:02 PM
Looks like one more flop IPO for retails investor. TCS, Wipro buyback are looking more attractive.

Enquire Trading Brokers:

Name 

 Phone 
Email   State 
City   






Search topsharebrokers.com:

Translate topsharebrokers.com: