Glenmark Life Sciences IPO Note

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Glenmark Life Sciences IPO

Glenmark Life Sciences is the leading manufacturer of Active Pharmaceutical Ingredients (APIs). The company develops, manufactures, and supplies high-quality APIs for Cardiovascular disease (CVS), central nervous system disease (CNS), pain management, and diabetes, gastrointestinal disorders, anti-infective, and other therapeutic areas.

It further operates in Contract Development and manufacturing operations (CDMO) to offer services to specialty Pharmaceutical companies.

Company’s product portfolio comprises of 120 APIs across various therapeutic segments

Currently, it has 4 manufacturing facilities at Ankleshwar and Dahej in Gujarat and Mohol and Kurkumbh in Maharashtra State with an aggregate annual installed capacity of

725.8 KL as of December 31, 2020.

KEY STRENGTHS

  • Leadership in select high value, non-commoditized APIs in chronic therapeutic areas
  • Strong relationships with leading global generic companies
  • Quality-focused compliant manufacturing and R&D infrastructure
  • Strong focus on sustainability in operations
  • Cost leadership across products through careful monitoring and continuous effort
  • Experienced management team with proven track record

IPO Tentative Dates

IPO – Opening 27 July, 2021, Closing- 29 July, 2021.

Shares Allotment -03 August, 2021 IPO Listing on 29 July, 2021

Issue Price – Rs 695-720 Per Equity Shares Lot Size -20 Shares.

Minimum Investment – Rs 14,400 per Lot

To check Allotment Status

  1. On BSE click here- https://www.bseindia.com/investors/appli_check.aspx
  • To Open Demat to Apply IPO’s or Mutual Funds Register Below – Click here

For doing investments in Mutual funds, SIP, IPO’s , Insurance etc.

Call/WhatsApp- 8860801116 or mail – contact@wealthfundas.com

 

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