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GLALIVUSListed

Glenmark Life Sciences Limited

Bookbuilding IPO · NSE, BSE

Price band
₹695-₹720
Lot size
20 shares
Issue amount
₹1,514 cr
Total subscription
0×
Current price₹1,268.6
Listing price ₹750
Watch live price ↗
Opens
27 Jul 2021
Closes
29 Jul 2021
Allotment
3 Aug 2021
Listing
6 Aug 2021

Offer at a glance

Issue overview

Issue size
2,10,22,222 shares
Face value
₹2 per share
Minimum investment
₹13,900
Fresh issue
₹1,060 cr
Offer for sale
₹454 cr
Registrar
Kfin Technologies Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,400
Issue type
Bookbuilding IPO
Shares before issue
10,78,04,950
Shares after issue
12,25,27,172

Lot sizes

CategoryLotsSharesAmount
RETAIL120₹14,400
sHNI13280₹2,01,600
bHNI701,400₹10,08,000

Share reservation

QIB50%
Anchor30%
NII (HNI)15%
RETAIL35%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

0418223 Dec: ₹82
23 Dec₹8223 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,00015,00020,000Mar-19 · Revenue: 8,868.65Mar-19 · Profit after tax: 1,955.92Mar-19Mar-20 · Revenue: 15,493.03Mar-20 · Profit after tax: 3,130.98Mar-20Mar-21 · Revenue: 18,859.76Mar-21 · Profit after tax: 3,515.81Mar-21
RevenueProfit after tax

Company information

Company profile

Incorporated in 2011, Glenmark Life Sciences is a leading manufacturer of active pharmaceutical ingredients (APIs), developing and supplying high-quality products used in treatments for cardiovascular, central nervous system, pain management, diabetes, gastrointestinal disorders, anti-infectives, and other therapeutic areas. The company serves customers in India and exports its products to several international markets including Europe, North America, Latin America, and Japan. It operates four manufacturing facilities located at Ankleshwar and Dahej in Gujarat, and Mohol and Kurkumbh in Maharashtra, with a total annual installed capacity of 725.8 KL as of December 31, 2020.

Strengths

  • Leading API Manufacturer: Specializes in APIs for chronic therapies like CVS, CNS, diabetes, and pain management.
  • Global Exports: Supplies products across Europe, Latin America, North America, Japan, and other regions.
  • Strong Global Relationships: Works closely with leading generic pharmaceutical companies worldwide.
  • Strong Financials: Proven track record of consistent financial performance.
  • Quality & R&D Focus: High-quality manufacturing supported by robust R&D infrastructure.

Promoters

Glenmark Pharmaceuticals Limited

Registrar & documents

Lead manager

Bofa Securities India Limited, Bob Capital Markets Limited, Dam Capital Advisors Limited, Goldman Sachs (India) Securities Private Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited

Registered office

Plot No. 170-172, Chandramouli Industrial Estate, Mohol Bazarpeth, Solapur 413 213,

+91 2189 234456

[email protected]Company website ↗

Understanding ALIVUS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.