Gland Pharma IPO
Chinese pharmaceutical company Fosun Pharma backed Gland Pharma will float an IPO offer of Rs 6000 crores. They have already received SEBI approval on the matter. The offer containing both primary and secondary shares might hit the market in November. Gland Pharma will be the first pharma company to make a debut in the bourses this year. Eris Lifescience was the last pharma company to list in the Indian exchanges three years ago.
Gland Pharma IPO Detail
Gland PharmaIssue Period: 09th November 2020 to 11th November 2020
₹20/- For Intraday, F&O, Currencies & Commodities
Gland Pharma IPO Information
Gland Pharma started its journey in 1978 in Hyderabad. The company currently sells its product in 67 countries, including the US, Europe, Canada, Australia, and India. Gland Pharma has extensive experience in developing, manufacturing, and marketing complex-injectable that it sells under the B2B model. In 2017, Singapore based Chinese pharmaceutical company Fosun pharma acquired 74 percent of the company.
- Long proven track record and deep-rooted industry understanding in developing, manufacturing, and marketing sophisticated drugs
- Multiple manufacturing facilities in India, including four finished formulation facilities
- Strong financials to attract investors. The company clocked Rs 2772.4 crores in revenue in FY 2020
- Recently, the firm increased its manufacturing capacity from 670 million units in 2018 to 755 million units in 2020
Report from our researchers
What Is Angel Broking's Expert Research Report?
Our internal team of experts coalesces industry insight to prepare a thorough investigative report to give you a detailed understanding of the market. These reports are meticulously prepared to explain to you each and every step the market takes so that you always remain at the top of your investment game.
What is an IPO?
What is Gland Pharma IPO?
How to apply in Gland Pharma through Angel Broking?
When will Gland Pharma IPO open?
What is the lot size of Gland Pharma IPO?
How to apply for Gland Pharma IPO?
When will Gland Pharma IPO get allocated?
When is the Gland Pharma IPO listing date?
How do you pay for Gland Pharma IPO using UPI?
There are many variations of passages
How will I receive the Gland Pharma IPOs?
How to apply for Gland Pharma IPO
in 5 MIns
on the same day
Why Angel Broking?
Trading Across Platforms
Get free access to multiple online trading products & track market share prices live. Trade with ease and stay updated with share market news notifications.
Get maximum subscription along with highest leverage with us. This makes sure you make the most of your trading day.
Dedicated Customer Service Team
Get help wherever you are with our centralized help desk & Pan India presence.Stay connected through Live Chat and SMS.