Glenmark Life Sciences IPO: The issue of Glenmark Life Sciences, a wholly owned subsidiary of Glenmark Pharma, is going to be listed on BSE and NSE this week. After the strong listing of Tatva Chintan Pharma last week, investors are now excited about the listing of Glenmark Life Sciences. The listing of the company’s shares is scheduled for August 6.
The allotment of shares of Glenmark Life Sciences is due on August 4. If you don’t get the shares then your money will be returned by 5th August. If you get shares then it will be reflected in your demat account on 5th August.
GMP is falling?
The gray market value of the unlisted shares of Glenmark Life Sciences has been falling continuously for the past few days. Today, the Gray Market Premium (GMP) of Glenmark Life Sciences is running at Rs 91. The issue price of the company is Rs 695-720. Accordingly, the listing of shares of Glenmark Life Sciences can be done at Rs 720+91 (820). It is at a premium of just 12 per cent over the issue price.
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If you have also invested in the issue of Glenmark Life Sciences, then you can check like this
How to check through BSE
First of all click on https://www.bseindia.com/investors/appli_check.aspx.
After clicking on this link a page of Status of Issue Application will open. Select Equity option on it.
Select the name of the company for which you want to check the allotment of IPO.
After that enter your application number.
Below this you have to enter the details of your PAN.
After this, verify you by clicking on the box of I am not a robot.
After this press the search button and the status will be in front of you.
If you want to check allotment through registrar company KFin Technologies, then you can check like this.
First of all click on this link. https://ris.kfintech.com/ipostatus/ipos.aspx
After this, select the name of the IPO in Dropbox whose allotment status is to be checked.
Below this, you can check the status by giving any one of these three information-
After that select the type of your application. That is, choose between ASBA or Non-ASBA.
According to the mode you will select, you will have to give information below it.
After that fill the captcha and submit.
Your allotment status will be in front of you.
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