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November 9, 2020 - November 11, 2020

Gland Pharma IPO Subscription Details

Gland Pharma IPO Subscription Status Live

Gland Pharma IPO subscribed 2.06 times. The public issue subscribed 0.24 times in the retail category, 6.40 times in QIB, and 0.51 times in the NII category by November 11, 2020 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions6.408,639,3945,52,50,3508,287.55
Non-Institutional Buyers0.516,479,54632,94,470494.17
Retail Investors0.2415,118,93936,10,850541.63
Total 2.0630,237,8796,21,55,6709,323.35

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Gland Pharma IPO (Day-wise) Subscription Details (times)

Day 1
November 9, 2020
Day 2
November 10, 2020
Day 3
November 11, 2020

Gland Pharma IPO Shares Offered

Gland Pharma IPO is a public issue of 30,237,879 equity shares. The issue offers 15,118,939 shares to retail investors, 8,639,394 shares to qualified institutional buyers, and 6,479,546 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Gland Pharma IPO Subscription FAQs

The Gland Pharma IPO is subscribed 2.06 by November 11, 2020.

Gland Pharma IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional6.40
Non Institutional0.51
Retail Individual0.24
Employee Reservations[.]
Total Subscription2.06

Retail category of Gland Pharma IPO subscribed 0.24 times as of date November 11, 2020. The public issue closes on November 11, 2020 for bidding.

An investor can apply in Gland Pharma IPO online via bank (using ASBA) or the broker (using UPI). The Gland Pharma IPO shares are offered online only.

The Gland Pharma IPO is subscribed 2.06 by November 11, 2020.

The Gland Pharma IPO allotment status is expected on or around November 17, 2020. Visit Gland Pharma IPO allotment status to check.

The Gland Pharma IPO listing date is Friday, November 20, 2020. The equity share of Gland Pharma Limited will list on BSE, NSE.

Visit Gland Pharma IPO subscription status page for real-time bidding information about Gland Pharma IPO.

Gland Pharma IPO Timetable

IPO Opens OnNovember 9, 2020
IPO Closes OnNovember 11, 2020
Finalisation of Basis of AllotmentNovember 17, 2020
Initiation of RefundsNovember 18, 2020
Credit of Shares to Demat AccountNovember 19, 2020
IPO Listing DateNovember 20, 2020


1. syed asif     Link|November 10, 2020 11:20:05 AM
Your IPO application of GLAND for 20 qty at Rs 1500.0 has been cancelled successfully - Team Sharekhan.