Advertisement. The initial public offer (IPO) of Hyderabad-based injectable-focused Gland Pharma was open for subscription between November 9-11 with an issue price band of Rs 1,490-1,500 per share. The initial public offer (IPO) of Hyderabad-based injectable-focused Gland Pharma opened for subscription today with an issue price band of Rs 1,490-1,500 per share. Short Note about Gland Pharma Ltd: Gland Pharma is one of the fastest growing generic injectables-focused companies by revenue in the United States from 2014 to 2019 (Source: IQVIA Report). Listing Update. Gland Share Price, Gland Stock Price, Gland Pharma Ltd. Stock/Share prices, Gland Pharma Ltd. Live BSE/NSE, F&O Quote of Gland Pharma Ltd. with Historic price charts for NSE / … The issue is priced at ₹1490 to ₹1500 per equity share. The Fosun Singapore and Shanghai Fosun Pharma-promoted Gland Pharma aims to raise Rs 6,480 crore from the issue. Gland Pharma IPO Subscription Details as on ( 11 Nov 5:00 pm ) Return on Net Worth (RONW) = 21.2% Net Asset Value = Rs 235.32/Share. The minimum order quantity is 10 Shares. Apply for Gland Pharma IPO online - Get issue price, issue open date, close date, employee discount and all other required details. Home; IPO; OPEN DEMAT ACCOUNT; Options Trading. Gland Pharma IPO Valuations. Gland Pharma IPO details: Know launch date, price, allotment & more at Angel Broking. Ltd and Shanghai Fosun Pharmaceutical (Group) Ltd. Posted on November 4, 2020 November 9, 2020. 1) On the upper price band of Rs 1,500 and EPS of Rs 49.88 for FY20, the P/E ratio works out to be 30x. This means Gland Pharma is undervalued as compared to the overall pharmaceuticals industry. Gland Pharma IPO is a main-board IPO of 43,196,968 equity shares of the face value of ₹1 aggregating up to ₹6,479.55 Crores. The IPO floor price is 1490 times, and the cap price is 1500 times the face value. Before the price band declaration, Gland Pharma shares were trading with almost Rs 200 premium in the grey market, which has now fallen to Rs 65 per share over the issue price of Rs 1500. Gland Pharma Limited is launching an IPO on November 9, 2020. Earnings Per Share (EPS) = Rs 49.88 PE Ratio = 29.87-30.07. Gland Pharma is set to raise 6,000 crores from the equity market. Equity Shares of Rs 1 aggregating up to Rs [.] Though the response from retail and NII investors was tepid, over subscription in QIB category guaranteed listing gains for investors. Shares of the Hyderabad-based drugmaker listed at Rs 1,701 apiece, a 13% a premium to its issue price of Rs 1,500 apiece, according to … Gland Pharma lists at premium, closes at 21% higher over IPO price Should you subscribe to Gland Pharma IPO? WhatsApp. Gland Pharma IPO Date, Review, Price Band & Market. As per the price looks on a higher side. Here are all the important details of the IPO like open dates, review, price band, form and market lot details. 2) For the last 3 years average EPS of Rs 38.11, the PE ratio is … The Gland Pharma IPO, India’s largest from the pharmaceutical sector, comprises a fresh issue aggregating up to Rs 1,250 crore and an offer for sale of up to 3.49 crore shares.While China's Fosun Pharma Industrial is offering to sell 1.9 crore equity shares, Gland Celsus Bio Chemicals will offload 1 crore shares. Gland Pharma IPO Lot Size and Price (Retail) Application Lots Shares Amount (Cut-off) Minimum: 1: 10 ₹15,000: Maximum: 13: 130 ₹1,95,000: Facebook. Ahead of the opening of the IPO, Gland Pharma had raised a total of Rs 1,943.86 crore at the upper price band of Rs 1,500 per share from 70 anchor investors. Twitter. The price for the issue has been set at Rs 1490 - … Gland Pharma IPO is set to open for public subscription on 9th November 2020 and will remain open till 11th November 2020. It sells its products primarily under a business to business (“B2B”) model in over 60 countries as of March 31, 2020, including the United States, Europe, Canada, Australia, India and the Rest of the world. Gland Pharma IPO: Qualified Institutional Buyer: Non-institutional Investor: Retail Individual Investor: Total : Shares Offered: 8,639,394: 6,479,546: 15,118,939 Crore. IPO … Shares of Gland Pharma Ltd. soared on its market debut as investors piled in expecting to gain from the demand for its injectables. The price band is fixed at 1490-1500 rupees with 10 shares of minimum bid. Gland Pharma shares witnessed strong buying interest on November 20 and closed with a 21 percent premium over the issue price on the listing day despite a tepid response to its IPO. Gland Pharma IPO price valuations. Gland Pharma IPO. Gland Pharma hass set the price band for its initial public offer (IPO) at Rs 1,490-1,500 per share. Gland Pharma lists 1,740 a premium of 14% over the cutoff price of 1,500. Hyderabad based Gland Pharma company is about to launch its IPO from 9th November 2020 to 11th November 2020. Read more detail about Gland Pharma IPO. Price range for Gland Pharma's initial public offer (IPO) was fixed at ₹ 1,490-1,500 per share. Gland Pharma IPO is opening on 9th Nov' 2020. Isn’t that exciting? The allotment status for the IPO will be announced today and the shares will hit the bourses on November 20. Options Trading Homepage; Benefits & Risks of Options; Options Pricing The rally of 45 percent in the stock price of Gland Pharma is mind-boggling and this is even as investor subscription for its primary market issue was low. Author IPO Guru. At the higher price band, Gland Pharma aims to raise Rs 6,479.54 crore via public issue. Gland Pharma IPO GMP Today, Gland Pharma IPO Grey Market Premium Updates | Gland Pharma IPO Listing Gain, Latest target, Opening gain. For extensive information about the company like promoters, financial data download the report now. Options Basics. GLAND PHARMA Ltd IPO Review (Gland Pharma IPO), Dates, Price Bands, Market Lot, Gland Pharma IPO Grey Market Price, Listing Date & Time Details. Ahead of the IPO, Gland Pharma had raised ₹ 1,944 crore from anchor investors. Gland Pharma makes allotments to anchor investors, mutual funds Next article Gland Pharma Limited IPO GMP Today, Gland Pharma IPO Grey Market Premium Updates Gland Pharma IPO will be the largest IPO of Pharma Industry till Date, after Eris Lifesciences. 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. The price band for the offer has been fixed at Rs 1,490-1,500 per share. The company is managed by Fosun Pharma Industrial Private. According to the price band set out for the Gland Pharma IPO, the company’s P/E ratio is 30.07 as mentioned in the table above. The IPO opens on Nov 9, 2020, and closes on Nov 11, 2020.. Link Intime India Private Ltd is the registrar for the IPO. Previous article Burger King IPO. While prospects remain strong led by niche products and a differentiated business model, relatively rich valuations leave limited scope for upside in near-term Gland Pharma IPO Review - Dates, Price band, Lot size, recommendations etc. Gland Pharma IPO Review. Gland Pharma IPO: The public issue will be open for three days, from November 9 to November 11, and the shares will be offered in the price band at Rs 1,490-1,500 per share. Read more about Gland Pharma IPO: Expensive at a price tag of 30x the FY20 earnings on Business Standard. Gland Pharma IPO price band is Rs 1490 - Rs 1500 and IPO lot size is 10 shares and multiple of it. Gland Pharma Limited is entering in the capital market with an IPO of [.] “They infiltrated our borders; now they have taken our money in broad daylight,” was the outburst from a Hyderabad-based pharma industry veteran, on the IPO of Gland Pharma, which is currently trading 50% above its issue price of Rs.1,500. Gland Pharma IPO is going to hit the market on 9th November 2020.The company to raise around 6480 crore via IPO. Gland Pharma IPO GMP Today, Grey Market Premium, Subscription & Allotment Status: Gland Pharma IPO has a price band fixed at Rs 1,490-1,500 per share and will be open for public subscription during November 9-11, 2020. Gland Pharma IPO listing New Delhi : Gland Pharma shares made a decent debut on stock exchages on Friday with its shares rising as much as 22% to Rs 1,819.70 on BSE as compared to its issue price of Rs 1,500, within first five minutes of listing. After the … Gland Pharma IPO is said to be the largest Pharma IPO in India. Face Value = Rs 1. 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