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IPO Details


Glenmark Life Sciences Ltd
Registered Office: Plot No. 170-172 Chandramouli, Industrial Est.Mohol Bazarpeth, Solapur - 413213, Maharashtra
Phone: 91-2189-234456/234246
Email: complianceofficer@glenmarklifesciences.com
Website: www.glenmarklifesciences.com
Initial public offer of 21,022,222 equity shares of face value of Rs. 2 each (equity shares) of Glenmark Life Sciences Limited (Company or Issuer) for cash at a price of Rs. 720 per equity share (including a share premium of Rs. 718 per equity share) aggregating to Rs. 1513.60 crores (the offer) comprising a fresh issue of 14,722,222 equity shares aggregating to Rs. 1060 crores (the fresh issue) and an offer for sale of up to 6,300,000 equity shares by Glenmark Pharmaceuticals Limited (Promoter Selling Shareholder) and such equity shares, The offered shares) aggregating to Rs. 453.60 crores (The offer for sale). The offer shall constitute 17.16% of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 2 each. Offer Price : Rs. 720 per Equity Share of face value of Rs. 2 each. Anchor Investor offer price: Rs. 720 per Equity share. The Offer Price is 360 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Jul-2021 29-Jul-2021 720.00 0.00
Minimum Application for shares in Nos : 20 Further Multiples of : 20
()Cr. Lead Managers to the Issue
Project Cost 1,060.00 BOB Capital Markets Ltd
Project Financed through Current Offer 1,513.60
Post Issue Equity Share Capital 24.51
Issue Price 720.00
Projects
Payment of outstanding purchase consideration to the promoter for the spin-off of the API business from the promoter into the company pursuant to the Business Purchase agreement
Funding capital expenditure requirements
General corporate purposes
Promoted By
Glenmark Pharmaceuticals Ltd
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

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