Glenmark Life Sciences IPO Listing on 06 August 2021 on NSE & BSE

IPO Initial Public Offerings
Glenmark Life Sciences IPO to make their debut on NSE and BSE on 06 August 2021, Friday at 10:00 AM. As per the market speculations and the grey market suggest the Glenmark Life Sciences IPO may list at ₹800-₹820 level. The IPO was subscribed 44.17 times that comprises 14.63x in retail, 36.97x in the QIB and 122.54x in the NII. The IPO listing will be in the positive side as per the market sentiment suggest. The company is good in term of the financials in last year and the brand name of Glenmark. We might see a higher number than what we suggested but the long term is good in this stock.

Latest Update: Glenmark Life IPO listed at ₹750 on NSE and ₹751.10 on BSE. The IPO listed at 4% premium on indices against the IPO price of ₹720. The estimated listing was around ₹800 but somehow the stock was not able to manged the listing at predicted price but still the positive listing is always good for the investors. The investors should wait for the stock to go beyond ₹800 mark for four digit figures in coming months.

Glenmark Life Sciences Logo

    Glenmark Life Sciences Share Price Live Quote

    DetailsBSE ListingNSE Listing
    Listing Price
    ₹751.10
    ₹750.00
    High Price
    ₹799.95
    ₹799.00
    Low Price
    ₹737.35
    ₹738.00
    Close Price
    ₹748.20
    ₹748.50

    BSE Notice of Listing: Click Here

    Glenmark Life Sciences IPO Listing Details

    Find the Glenmark Life Sciences IPO listing details like BSE Code, NSE Code, ISIN Number and Listing Group. The information given below will help you on the Glenmark Life Sciences share listing day.
    BSE Code543322
    NSE CodeGSL
    GroupB
    ISIN NoINE03Q201024
    Offer Price₹720
    Face Value₹2
    Listing Date06 August 2021, Friday

    Important Links:

    Glenmark Life Sciences IPO Subscription Status (Final Data)

    (Over Subscribed) 

    CategoryDay 1Day 2Day 3
    QIB0,00x1.38x36.97x
    NII0.85x3.39x122.54x
    RII5.16x9.25x14.63x
    Total2.78x5.77x44.17x

    Glenmark Life Sciences IPO Date & Price Band

     IPO Open: 27 July 2021
     IPO Close: 29 July 2021
     IPO Size: Approx ₹1514 Crores
     Fresh Issue: Approx ₹1060 Crores
     Offer for Sale: Approx ₹454 Crores, 63,00,000 Shares
     Face Value: ₹2 Per Equity Share
     Price Band: ₹695 to ₹720 Per Share
     Listing on: BSE & NSE
     Retail Portion: 35%
     Equity: Shares

    Glenmark Life Sciences IPO Market Lot

     Minimum Lot Size: Minimum 20 Shares
     Minimum Amount: ₹14,400
     Maximum Lot Size: Maximum 260 Shares
     Maximum Amount: ₹187,200

    Glenmark Life IPO Date, Time Table, Allotment & Listing

     Basis of Allotment: 27 July 2021
     Basis of Allotment: 29 July 2021
     Basis of Allotment: 03 August 2021
     Refunds: 04 August 2021
     Credit to Demat Account: 05 August 2021
     Listing Date: 06 August 2021

    Glenmark Life Sciences IPO Listing FAQs:

    When is Glenmark Life Sciences IPO Listing Date?

    Glenmark Life Sciences IPO listing date is 06 August 2021, Friday.

    What will be Glenmark Life Sciences IPO Listing Price?

    The IPO listed at ₹750.00 on NSE and at ₹751.10 on BSE. As per the market speculations the IPO to list at ₹800-₹820.

    Will Glenmark Life Sciences will list on NSE and BSE?

    Yes, The IPO to list on NSE and BSE both the indices.

    How much returns expected in Glenmark Life Sciences IPO?

    The IPO might give a listing gain of ₹1800 to ₹2200.

    Should I buy Glenmark Life Sciences shares on listing day?

    For long term one can buy the shares of Glenmark Life Sciences on listing day.

    What is a BSE and NSE Code for the Glenmark Life Sciences IPO?

    The BSE Code is 543322 while NSE Code is GSL.

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