Gland Pharma IPO Allotment Status Online

Bookbuilding IPO | ₹6,480 Cr | Listed at BSE, NSE | Mon, Nov 9, 2020 - Wed, Nov 11, 2020

The Gland Pharma IPO allotment status will be available on Tuesday, November 17, 2020, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Gland Pharma Ltd. IPO allotment status online:

  • Visit the Gland Pharma IPO allotment status page.
  • Click on the green Gland Pharma IPO Allotment Status.
  • Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Gland Pharma IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected Listing price of Gland Pharma IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Gland Pharma IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Gland Pharma Ltd. IPO IPO allotment status is expected on Tuesday, November 17, 2020. Click the green button Gland Pharma Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Gland Pharma IPO oversubscribed in the retail category, the Gland Pharma IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Gland Pharma Ltd. listing date is November 20, 2020. The equity shares of Gland Pharma Ltd. will list on BSE, NSE.

The reason you didn't get the Gland Pharma IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).
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