Gland Pharma IPO to hit the market on 09 November 2020 and closes on 11 November 2020. Should you subscribe Gland Pharma IPO? Lets have a discussion on it. As per the GMP it was looking good at the 200 level but its going doing day by day. One of the reason for GMP going down as the aggressive price band which is 1500 against the expected price band of 1300. The face value of the Gland Pharma is also Rs.1 only so investors are feeling the price band is on a higher side. Let’s see how it subscription will come up. Check Gland Pharma IPO GMP day by day.
Gland Pharma IPO Subscription Numbers
Latest Update: Gland Pharma IPO subscribed 2.06x times, QIB 6.40x, HNI 0.51x and RII 0.24x times overall.
Gland Pharma IPO Subscription Numbers
(Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.48x | 6.40x |
| HNI | 0.01x | 0.03x | 0.51x |
| RII | 0.08x | 0.15x | 0.24x |
| EMP | N/A | N/A | N/A |
| Total | 0.04x | 0.22x | 2.06x |
Gland Pharma IPO Dates & Price Band:
| IPO Open: | 09 November 2020 |
| IPO Close: | 11 November 2020 |
| IPO Size: | Approx ā¹6480 Crore (Approx) |
| Face Value: | ā¹1 Per Equity Share |
| Price Band: | ā¹1490 – ā¹1500 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 43,196,968 Shares |
Gland Pharma IPO Market Lot:
| Lot Size: | Minimum 10 Shares & Maximum 130 Shares |
| Minimum Amount: | ā¹15,000 |
| Maximum Amount: | ā¹1,95,000 |
Gland Pharma IPO Allotment & Listing:
| Basis of Allotment: | 17 November 2020 |
| Refunds: | 18 November 2020 |
| Credit to Demat Account: | 19 November 2020 |
| Listing Date: | 20 November 2020 |
Gland Pharma IPO FAQs:
When Gland Pharma IPO Subscription will start?
The IPO subscription starts on 09 November 2020 for QIB, NII, and Retail Investors.
How much Gland Pharma IPO subscribed?
The IPO Subscribed 2.06 times overall.
What is Gland Pharma IPO retail subscription status?
The retail subscription is 0.24x times overall.
How to subscribe Gland Pharma IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Gland Pharma IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
