Gland Pharma Limited IPO Message Board (Page 28)

Gland Pharma Ltd IPO

Opens : 9th Nov 2020
Closes : 11th Nov 2020

Gland Pharma Ltd IPO

Opens : 9th Nov 2020
Closes : 11th Nov 2020

155 160

155 160

No price anouncment yet but GMP posted start strange very strange.

Simple calculation fresh issue 1250 cr
OFS 34863635 shares
Total 5782 cr
If we calculate simply 1300 per will come.
That's it.
About gmp , it is late to stared .

Eagleye ....ye kostak1200 app rate pure hindustan mai khi bhi nhi hai...koi bhi broker nhi le rha ...please shi rate update kiya kare ...1100 ka seller hai.

Eagleye said true

:)

Good company, lets see how the decide on share price.

Today eagl has revealed the truth. It is absolutely true that in small towns, brokers try to buy applications at less than the right price. They misguide their customers by saying a low price.

Please read the following quote which eagl has put in this forum some time back.

Eagleye speak" I am aware that my postings hurts many small time brokers in small towns ... their business depends on misinforming their clients and often attempt to convince their clients to sell cheaply.

This will be the biggest IPO size in Indian stock market after COVID-19 lockdown and unlock stages around Rs. 6000 Crore. Also the biggest IPO from Pharma industry. earlier big IPO in Pharma Industry and size.
Eris Lifesciences: Rs. 1741 Crore
Alkem Lab: Rs. 1350 Cr
Laurus Labs: Rs. 1350 CR.

Lets see how this IPO will perform.

Many boarders are predicting pricing around 1300. In my opinion, this valuation is on higher side and very less left on the table for applicants. For an IPO, valuation should not be on higher side.

Still remember, UTIAMC quoted tentively pricing of Rs. 900 on this forum and the price announced was Rs 555. And after listing share is below this price.

@retail investors,

Don't sell your application in GMP in hurry.

There is very favorable chances of allotment and the ipo is very unique in nature.

Gmp 170 175 ..

G 160 165 ..

Big size ..so operator are trying to bellow ..

Last GMP Heard

180/185

Last GMP Heard - 205/210

Kostak 1050

GMP 200
Koshtak 900
Sub to 1300
@Ahmedabad

Kostak 750
Subject to - ?

Gmp of gland pharma is 160 - 165 rs

Company Profile
----------------------
Hyderabad based Gland Pharma was formed by PVN Raju in 1978. China's Fosun Pharma acquired 74% stake in Oct,2017.

Gland Pharma is the fastest-growing generic injectables -focused companies by revenue in the USA from 2014 to 2019 (Source: IQVIA Report)

The company follows a B2B model to sell its products in more than 60 countries. Revenue Contributions Country-wise is as follows:
67% from USA, 18% from India, 4% from Europe, 2% from Canada and remaining 9% from rest of the world.

Large size ipo, better chance for allotment, linkintime registrar... hopefully the ipo will give good returns...

Gland Pharma IPO

GMP 150 +/- 5
Kostak 950 +/- 25

Gland Pharma IPO – *Market’s Current Estimates of oversubscription*:

NII = 60K Crs. = ~69.18X
RII = 27L Forms = 1.73X Applic. wise (Avg allotment of ~6.34 shares per lot)

Interest cost *@7.50%p.a.* for 7days = 186.99paise for 1X

Thus, for NII the costing = 69.18 X 186.99paise = Rs.129.35 per share (= GMP)

And, for RII the costing = 6.34 X 129.35 = Rs.820/- (= Kostak)


Gland Pharma IPO – *GMP Estimated*
GMP 135 +/- 5
Kostak 850 +/- 25