The retail segment of investors subscribed to the IPO 9.28 times. The QIBs on the other hand subscribed a total of 1.38 times at the end of the subscription day on Wednesday, and the NII category saw a subscription of 3.39 times for the same, as per information from Chittorgarh.
Glenmark Life Sciences Grey market Price (GMP) was Rs 140 as on 29 July 2021
The GMP of Glenmark was at a premium of around 20%
Glenmark Life Sciences Allotment And Listing date
Glenmark allotment date : 3 August 2021
Glenmark Refund date: 4 August 2021
Glenmark Listing date: 6 August 2021
FAQ
- Will Glenmark Pharma shareholders will get shares of Glenmark life science IPO on account of demerger?
A. No
2. What is the lock-in period for Glenmark life science IPO?
A. Glenmark Refund date: 4 August 2021
3. What are the promoter’s holdings pre and post IPO of Glenmark life sciences?
A. 17.16 % of Promoters holding will be declined from Glenmark Pharmaceuticals due to IPO
4. Glenmark shareholders rights entitlement in Glenmark Life Sciences IPO
A. No rights entitlement