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Gland Pharma Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹1,500
Issue Price
₹1,500
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹1,500
GMP based
Lot Size
10
shares / lot
Min Amount
₹15,000
1 lot · 10 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
09 Nov 2020
Mon Completed
Done
Close Date
11 Nov 2020
Wed Completed
Done
Allotment
17 Nov 2020
Tue Completed
Done
Refund
18 Nov 2020
Wed Completed
Done
Demat Credit
19 Nov 2020
Thu Completed
Done
Listing Date
20 Nov 2020
Fri Completed
UPI Deadline: 11 Nov 2020
Issue Details
Pricing & Size
Issue Price
₹1,500 Face ₹1
Lot Size
10 shares
Min Investment
₹15,000
Total Issue Size
4,31,96,968 shares (aggregating up to ₹6,479.55 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,15,98,483 (50.00%)
NII / HNI
64,79,546 (15.00%)
Retail
1,51,18,939 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
15,49,49,490 shares
Post-Issue Shareholding
16,32,82,823 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 10 ₹15,000
HNI / NII 14 140 ₹2,10,000
bHNI / bNII 67 670 ₹10,05,000
Objects of Issue
3 objectives
1
1 Funding incremental working capital requirements of our Company
769.50 Cr
2
2 Funding capital expenditure requirements of our Company
168.00 Cr
3
3 General corporate purposes
286.47 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Citigroup Global Markets India Pvt.Ltd.
Haitong Securities India Pvt.Ltd.
Kotak Mahindra Capital Co.Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
IPO Timeline
Open
09 Nov
✓ Done
Close
11 Nov
✓ Done
Allotment
17 Nov
✓ Done
Listing
20 Nov
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
glandpharma.ipo@linkintime.co.in
Company Contact
Email
investors@glandpharma.com
Phone
+91 40 3051 0999
Address
Sy. No. 143 - 148, 150 and 151, Near Gandi Maisamma 'X' Roads, D.P. Pally,Dundigal Medchal-Malkajgiri District, Hyderabad Hyderabad, Telangana
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹1,500
Est. Listing
₹1,500
Lot Size
10 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Gland Pharma Ltd. LIVE
INR ·
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P/E
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| Price
Market Reference
IPO Issue Price
₹1,500
GMP
+₹0 (+0%)
GMP Est. Listing
₹1,500
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2,15,98,483 (50.00%) ₹323,977.25 Cr
NII / HNI (Total) 64,79,546 (15.00%) ₹97,193.19 Cr
Retail Investors 1,51,18,939 (35.00%) ₹226,784.09 Cr
Total ** 4,31,96,968 (100.00%) ₹6,479,545.22 Cr
* Based on ₹1,500.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,15,98,483 (50.00%)
NII
64,79,546 (15.00%)
Retail
1,51,18,939 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30-June-2031-Mar-2031-Mar-19
Revenue916.292772.412129.77
PAT313.59772.86451.86
EBITDA
Net Worth
Total Assets4691.274086.043523.55
Reserves
Borrowings
About Gland Pharma Ltd.

Gland Pharma Ltd, the Hyderabad-based company is one of the fastest-growing generic injectable companies. It manufactures a diversified range of high-quality complex injectables. The company offers products like sterile injectables, oncology, and ophthalmics, complex injectables (peptides, suspensions, hormonal products, long-acting injectables), NCE-1s, First-to-File products, etc.

The company follows a B2B model to sell its products in more than 60 countries including the US, Canada, Australia, India, Europe, etc. Leading pharma companies i.e. Sagent Pharmaceuticals, Apotex Inc. Athnex Pharmaceutical Division, LLC, Fresenius Kabi USA, LLC, etc. are some of the key customers.

It has 7 robust manufacturing units in India comprising 4 finished formulations facilities, 22 production lines, and 3 APIs.

Company Strengths

  • The extensive product portfolio of complex injectables.
  • Diversified B2B model with a targeted B2C model in India.
  • Strong manufacturing capabilities.
  • Robust financial track record.
  • Experienced and qualified managerial team.
Frequently Asked Questions
What is the issue price of Gland Pharma Ltd. IPO?
The issue price of Gland Pharma Ltd. IPO is ₹1,500 per share, face value ₹1.
What is the lot size?
Minimum lot size is 10 shares, requiring ₹15,000.
What are the IPO dates?
Opens 09 Nov 2020, closes 11 Nov 2020.
When is the listing date?
Tentative listing: 20 Nov 2020 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹1,500 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Gland Pharma Ltd. IPO · Expected 17 Nov 2020

Check on Registrar
Post-IPO Timeline
Allotment Date
17 Nov 2020
Refund Initiation
18 Nov 2020
Demat Credit
19 Nov 2020
Listing Date
20 Nov 2020
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹1,500
Face ₹1
Lot Size
10
shares / lot
Min Amount
₹15,000
1 lot
Est. Listing
₹1,500
GMP +₹0
Key Dates
Open
09 Nov Done
Close
11 Nov Done
Listing
20 Nov Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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