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November 9, 2020 - November 11, 2020

Gland Pharma IPO FAQ

Gland Pharma IPO Date & Price

The Gland Pharma IPO opens on November 9, 2020 and closes on November 11, 2020.

Gland Pharma IPO timetable / schedule is as below:
  • Bid/Offer Opens On: November 9, 2020
  • Bid/Offer Closes On: November 11, 2020
  • Finalization of Basis of Allotment: November 17, 2020
  • Initiation of refunds: November 18, 2020
  • Credit of Equity Shares: November 19, 2020
  • Listing Date: November 20, 2020

Gland Pharma IPO price is set at ₹1500 per equity share.

Gland Pharma IPO will close for subscription at 5 PM on November 11, 2020. But most brokers stop accepting application between 1 PM to 3 PM.

The Gland Pharma IPO starts on November 9, 2020. The issue ends on November 11, 2020.

Gland Pharma IPO Issue Size and Subscription Status

The Gland Pharma IPO size is 43196968 Equity Shares of ₹1 aggregating up to ₹6,479.55 Cr.

Gland Pharma Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Gland Pharma IPO shares through the banks (using ASBA) or through the broker (using UPI).

Gland Pharma IPO Offer Size

Qualified Institutional Buyers (QIB)8,639,394 Shares
Non-Institutional Investors (NII)6,479,546 Shares
Retail Individual Investor (RII)15,118,939 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size30,237,879 Shares

Gland Pharma IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)6.40 times times
Non-Institutional Investors (NII)0.51 times times
Retail Individual Investor (RII)0.24 times times
Employee Reservations times
Other Reservations times
Total Issue Size2.06 times times

Click here to check the Gland Pharma IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Gland Pharma IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Gland Pharma IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Gland Pharma IPO Allotment and Listing

The Gland Pharma IPO allot status will be available online on November 17, 2020. Check the Gland Pharma IPO Allotment Status here.

Click here to check Gland Pharma IPO Allotment Status.

Gland Pharma IPO listing Date is November 20, 2020. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Gland Pharma IPO listing date and time is published by the exchange in a circular.

Click here to view the Gland Pharma IPO Basis of Allotment.

It is hard to say at what price Gland Pharma IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Gland Pharma IPO shares will list on November 20, 2020 at BSE, NSE.

Gland Pharma IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Gland Pharma IPO which could help you with questions like Gland Pharma IPO buy or not? You should also read Gland Pharma IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Gland Pharma IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Gland Pharma IPO performance. The performance reports are available 1 day after listing.