Glenmark Life Sciences IPO Allotment Status Online

The Glenmark Life Sciences IPO allotment status will be available on Aug 3, 2021, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Glenmark Life Sciences IPO allotment status online:

• Visit the Glenmark Life Sciences IPO allotment status page.
• Click on the green Glenmark Life Sciences IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Glenmark Life Sciences IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Glenmark Life Sciences IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Glenmark Life Sciences IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Glenmark Life Sciences IPO allotment status is expected on Aug 3, 2021. Click the green button Glenmark Life Sciences IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Glenmark Life Sciences IPO oversubscribed in the retail category, the Glenmark Life Sciences IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Glenmark Life Sciences IPO shares will get listed on Friday, August 6, 2021. The equity share of Glenmark Life Sciences Limited will list on BSE, NSE.

The reason you didn't get the Glenmark Life Sciences IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).

The Glenmark Life Sciences IPO will open for bidding on Jul 27, 2021. The IPO application closes on Jul 29, 2021.