Gland Pharma issue subscribed 2.06 timesGland Pharma’s initial public offer (IPO), the biggest ever offering in the Indian pharmaceutical sector — was subscribed 2.06 times on the...
12 Nov, 2020, 08.21 AM IST
Gland Pharma’s Rs 6,480 crore IPO sails through, gets 2.06x bidsProgressive Share Brokers said that sentiment towards the IPO has dampened a bit due to Chinese investments as well as from the fact that S...
11 Nov, 2020, 06.28 PM IST
Why is Gland Pharma citing India-China ties as key risk to IPOThe pharma company that is majority-owned by Chinese conglomerate Fosun International has noted in its filings with Sebi that it could face...
11 Nov, 2020, 08.41 AM IST
Gland Pharma IPO receives 22% bids on Day 2Progressive Share Brokers said the sentiment towards the IPO has dampened a bit due to Chinese investments as well as from the fact that Sa...
10 Nov, 2020, 06.45 PM IST
Gland Pharma IPO off to lacklustre start, subscribed 4% on Day 1The IPO is a mix of a fresh issue of shares worth Rs 1,250 crore and an offer for sale of up to 3.49 crore shares.
09 Nov, 2020, 05.50 PM IST
Gland Pharma IPO: Analysts recommend subscribing, but flag stretched valuationsGland Pharma’s IPO is India’s largest pharmaceutical IPO ever.
08 Nov, 2020, 04.28 PM IST
Gland Pharma raises Rs 1,944 crore from 70 anchor investors ahead of IPOGland Pharma has set a price band of Rs 1,490-1,500 per share for its Rs 6,500 crore IPO, which will be sold between November 9 and 11.
07 Nov, 2020, 01.08 PM IST
Gland Pharma IPO: Issue date, price band & other key detailsThe drugmarker will likely announce the name of anchor investors by the end of Friday.
06 Nov, 2020, 02.17 PM IST
Grey market premium fizzles out for Gland Pharma after fixing price bandThe Gland Pharma IPO, India’s largest from the pharmaceutical sector, comprises a fresh issue aggregating up to Rs 1,250 crore and an offer...
06 Nov, 2020, 02.09 PM IST
ED directs Gland Pharma to transfer Ramalinga Raju family's 6 mn shares to escrow account"There is no risk in terms of Ramalinga Raju's shares, because they invested in the company (Gland Pharma) in the late 90s. And then they o...
04 Nov, 2020, 08.00 PM IST
Gland Pharma IPO to open on Nov 9; price band fixed at Rs 1,490-1,500 per shareThe Gland Pharma IPO, India’s largest IPO in the pharmaceutical sector, comprises a fresh issue aggregating up to Rs 1,250 crore and an off...
04 Nov, 2020, 12.23 PM IST
Ahead of Gland Pharma IPO, ED wants Raju family's 3.87% stake transferred to itThe development comes nearly a decade after ED ordered Gland Pharma management to attach 600,000 shares held by 10 companies belonging to R...
04 Nov, 2020, 10.28 AM IST
Even before IPO details are out, Gland Pharma buzzing in grey marketThe pharma company is eyeing to hit the bourses with a Rs 6,000 crore issue, which will make it the biggest IPO from the Indian pharma sect...
03 Nov, 2020, 01.17 PM IST
India's largest pharma IPO set to hit marketThis will be the largest IPO by a pharmaceutical company in India. The biggest IPO till date in the sector was from Eris Lifesciences, whic...
02 Nov, 2020, 07.17 AM IST
Gland Pharma seeks lock-in exemption for shares owned by Ex Satyam CEO Ramanlinga RajuAs per market Sebi rules, all the pre-IPO capital needs to be locked in for a period of one year. However, it is not feasible to put the sh...
16 Jul, 2020, 03.32 PM IST
74% Chinese-owned Hyderabad pharma firm files for IPOThe fresh issue and the offer for sale together is expected to take the IPO size to around Rs 3,000 crore.
12 Jul, 2020, 10.23 AM IST
Chinese firm-backed Gland Pharma files for IPO; may raise up to Rs 6,000 croreThe company may raise up to $800 million or Rs 6,000 crore, a source with the knowledge of the matter said.
10 Jul, 2020, 10.19 PM IST