????Glenmark Life Sciences IPO | Should You Apply for Glenmark Life Sciences IPO? | IPO Review

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Glenmark Life Sciences (GLS) is the latest among the slew of IPOs to hit the market in the next few days. The IPO has an issue size of Rs. 1,514 crores comprising of a fresh issue aggregating to Rs. 1,060 crore and an offer for sale of Rs. 454 crores. The price band has been set between Rs. 695 to Rs. 720 per share for a lot size of 20 shares. Post the issue, the implied market capitalization of the company is expected to stand between Rs. 8,552 and 8,822 crores based on the lower and upper price bands, respectively. Currently, the promoters hold of the shares. Post listing the shares held by promoters will be diluted to

Here is an exclusive analysis by our research analyst Vamakshi Dhoria where she has curated important facts about #GlenmarkLifesciencesIPO and shared her view on this #IPO.

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#GlenmarkLifeSciencesIPODetails
IPO Opening Date Jul 27, 2021
IPO Closing Date Jul 29, 2021
Issue Type Book Built Issue IPO
Face Value ₹2 per equity share
IPO Price ₹695 to ₹720 per equity share
Market Lot 20 Shares
Min Order Quantity 20 Shares
Listing At BSE, NSE
Issue Size ₹1, Cr

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