247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Glenmark Life Sciences Limited IPO (Glenmark Life Sciences IPO) Details

Glenmark Life Sciences Limited is an Pharmaceutical based company, located in Solapur, Glenmark Life Sciences Limited IPO size was 1513.60 Cr. and was issued at 720.00 per share. The share of Glenmark Life Sciences Limited were listed at 748.20 per share and are currently trading at 1104.70 per share.

Type :
Sub Sector : Developer And Manufacturer
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1885.98 Cr.

PAT :
351.58 Cr.

Pricing Report

Issue Price :
720.00

Listing Price :
748.20

Current Market Price :
1104.70

Issue Price vs CMP :
384.7 (53.43%)

listing Price vs CMP :
356.5 (47.65%)

Performance Report (CAGR* wise)

CAGR : 13.16
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Glenmark Life Sciences

Company Information
Glenmark Life Sciences Limited is a leading developer and manufacturer of high-value, non-commoditized active pharmaceutical ingredients (APIs) in chronic therapeutic areas, including cardiovascular disease (CVS), central nervous system disease (CNS), pain management, and diabetes (Source: Frost & Sullivan Report). It also manufactures APIs for gastro-intestinal disorders, anti-infectives, and other therapeutic areas. The company's API portfolio includes specialized and profitable products, with niche and technically complex molecules that highlight its capability to expand into other high-value areas.
The company holds a strong market share in select specialized APIs such as Telmisartan (anti-hypertensive), Atovaquone (anti-parasitic), Perindopril (anti-hypertensive), Teneligliptin (diabetes), Zonisamide (CNS), and Adapalene (dermatology) (Source: Frost & Sullivan Report). Additionally, it has been expanding its services to include contract development and manufacturing operations (CDMO) for multinational and
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Object of Issue
  • To make payment of outstanding purchase consideration to the promoter for the spin-off of the API business from the promoter into the company
  • To finance capital expenditure requirements
  • To meet general corporate purposes

Glenmark Life Sciences MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2021
IPO Size :
1513.60 Cr.
IPO Subscription :
44.17 X     
PE Multiple :
25.09
Merchant Banker :
Bob Capital Markets Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Glenmark Life Sciences operates in Pharmaceutical and Developer And Manufacturer. The Issue is listed on MainBoard in Aug, 2021. Glenmark Life Sciences IPO size was 1513.60 Cr. with Issue price of 720.00 .

Merchant Banker(s) of Glenmark Life Sciences IPO: Bob Capital Markets Limited , Bofa Securities India Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Goldman Sachs (India) Securities Private Limited

Glenmark Life Sciences IPO subscription was 44.17 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Glenmark Life Sciences IPO listed at a listing price of 748.20 against the offer price of 720.00.

The current market price of Glenmark Life Sciences is 1104.70.

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