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Gland Pharma IPO Subscription Details

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

Basis of Allotment - Gland Pharma IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)86,39,3941,29,59,0892,15,98,48364,79,5461,51,18,9394,31,96,968
Allotment price (Rs.)1,5001,5001,5001,5001,5001,500
No.of applications1301352655991,48,5691,49,433
No.of shares applied5,52,60,2901,29,59,0896,82,19,37932,10,02029,03,6807,43,33,079
Amount collected (Rs.cr.)8,289.04 1,943.86 10,232.91 481.50 435.55 11,149.96
No.of times subscribed6.401.003.160.500.191.72
No.of shares allotted2,41,30,2591,29,59,0893,70,89,34832,03,94029,03,6804,31,96,968
Amount (Rs.cr.)3,619.54 1,943.86 5,563.40 480.59 435.55 6,479.55
No.of allottees1301352655801,48,5691,49,414

IPO Shares Offered

Gland Pharma IPO is a public issue of 4.32 Cr equity shares. The issue offers 1.51 Cr shares to retail investors, 2.16 Cr shares to qualified institutional buyers, and 0.65 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 2,15,98,4833,239.77 50.00%
    Anchor 1,29,59,089 1,943.86 30.00%
    QIB (Ex Anchor) 86,39,394 1,295.91 20.00%
NII 64,79,546971.93 15.00%
Retail1,51,18,9392,267.84 35.00%
Total4,31,96,9686,479.55 100%

Gland Pharma IPO Anchor Investor Allocation

A total of 1,29,59,089 shares at a price of Rs 1,500 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 06, 2020
Anchor investor price₹1,500.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days64,79,545
No. of shares locked-in for 90 days64,79,545

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SMALLCAP WORLD FUND,INC. SMALLCAP WORLD FUND 8,57,400 128.61 6.62 1.98
2 GOVERNMENT OF SINGAPORE GOVERNMENT OF SINGAPORE 6,89,330 103.40 5.32 1.60
3 NOMURA TRUST & BANKING CO.LTD.,THE AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUND NOMURA 5,38,930 80.84 4.16 1.25
4 GOLDMAN SACHS INDIA LTD. GOLDMAN SACHS 4,28,520 64.28 3.31 0.99
5 AXIS FLEXI CAP FUND AXIS MUTUAL FUND 2,58,630 38.79 2.00 0.60
6 AXIS BALANCED ADVANTAGE FUND AXIS MUTUAL FUND 40,000 6.00 0.31 0.09
7 AXIS AGGRESSIVE HYBRID FUND AXIS MUTUAL FUND 40,000 6.00 0.31 0.09
8 AXIS EQUITY SAVINGS FUND AXIS MUTUAL FUND 26,660 4.00 0.21 0.06
9 AXIS MULTI ASSET ALLOCATION FUND AXIS MUTUAL FUND 24,000 3.60 0.19 0.06
10 AXIS CONSERVATIVE HYBRID FUND AXIS MUTUAL FUND 2,660 0.40 0.02 0.01
11 FRANKLIN INDIA PRIMA FUND FRANKLIN TEMPLETON MUTUAL FUND 3,91,950 58.79 3.02 0.91
12 SBI HEALTHCARE OPPORTUNITIES FUND SBI MUTUAL FUND 1,14,569 17.19 0.88 0.27
13 SBI LARGE & MIDCAP FUND SBI MUTUAL FUND 1,14,568 17.19 0.88 0.27
14 SBI MNC FUND SBI MUTUAL FUND 60,299 9.04 0.47 0.14
15 SBI LONG TERM ADVANTAGE FUND-SERIES V SBI MUTUAL FUND 36,180 5.43 0.28 0.08
16 SBI CONSERVATIVE HYBRID FUND SBI MUTUAL FUND 30,151 4.52 0.23 0.07
17 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 20,049 3.01 0.15 0.05
18 SBI LONG TERM ADVANTAGE FUND-SERIES III SBI MUTUAL FUND 7,235 1.09 0.06 0.02
19 SBI LONG TERM ADVANTAGE FUND-SERIES I SBI MUTUAL FUND 3,920 0.59 0.03 0.01
20 SBI LONG TERM ADVANTAGE FUND-SERIES II SBI MUTUAL FUND 3,920 0.59 0.03 0.01
21 SBI EQUITY OPPORTUNITIES FUND-SERIES IV SBI MUTUAL FUND 1,059 0.16 0.01
22 NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND NEUBERGER BERMAN 3,71,940 55.79 2.87 0.86
23 ADITYA BIRLA SUN LIFE LARGE & MID CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 2,16,000 32.40 1.67 0.50
24 ADITYA BIRLA SUN LIFE MIDCAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,09,000 16.35 0.84 0.25
25 ADITYA BIRLA SUN LIFE PHARMA & HEALTHCARE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 42,450 6.37 0.33 0.10
26 ICICI PRUDENTIAL MULTICAP FUND ICICI PRUDENTIAL MUTUAL FUND 1,47,970 22.20 1.14 0.34
27 ICICI PRUDENTIAL SMALLCAP FUND ICICI PRUDENTIAL MUTUAL FUND 98,640 14.80 0.76 0.23
28 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 61,650 9.25 0.48 0.14
29 ICICI PRUDENTIAL BHARAT CONSUMPTION FUND-SERIES 3 ICICI PRUDENTIAL MUTUAL FUND 22,190 3.33 0.17 0.05
30 ICICI PRUDENTIAL GROWTH FUND-SERIES 3 ICICI PRUDENTIAL MUTUAL FUND 14,800 2.22 0.11 0.03
31 ICICI PRUDENTIAL DIVIDEND YIELD EQUITY FUND ICICI PRUDENTIAL MUTUAL FUND 12,330 1.85 0.10 0.03
32 ICICI PRUDENTIAL PHARMA HEALTHCARE & DIAGNOSTICS (P.H.D) FUND ICICI PRUDENTIAL MUTUAL FUND 9,870 1.48 0.08 0.02
33 NIPPON INDIA PHARMA FUND NIPPON INDIA MUTUAL FUND 2,59,450 38.92 2.00 0.60
34 NIPPON INDIA GROWTH MID CAP FUND NIPPON INDIA MUTUAL FUND 54,000 8.10 0.42 0.13
35 NIPPON INDIA VISION LARGE & MID CAP FUND NIPPON INDIA MUTUAL FUND 54,000 8.10 0.42 0.13
36 KOTAK LARGE CAP FUND KOTAK MAHINDRA MUTUAL FUND 1,00,000 15.00 0.77 0.23
37 KOTAK MIDCAP FUND KOTAK MAHINDRA MUTUAL FUND 1,00,000 15.00 0.77 0.23
38 KOTAK LARGE & MIDCAP FUND KOTAK MAHINDRA MUTUAL FUND 1,00,000 15.00 0.77 0.23
39 KOTAK CONTRA FUND KOTAK MAHINDRA MUTUAL FUND 13,330 2.00 0.10 0.03
40 KOTAK DEBT HYBRID FUND KOTAK MAHINDRA MUTUAL FUND 5,130 0.77 0.04 0.01
41 SCHRODER INTERNATIONAL SELECTION FUND-INDIAN EQUITY SCHRODER 3,18,190 47.73 2.46 0.74
42 MORGAN STANLEY INDIA INVESTMENT FUND,INC. MORGAN STANLEY 2,93,630 44.04 2.27 0.68
43 HSBC GLOBAL INVESTMENT FUNDS-INDIAN EQUITY HSBC 2,90,140 43.52 2.24 0.67
44 PIONEER INVESTMENT FUND PIONEER 2,44,970 36.75 1.89 0.57
45 FIRST STATE INDIAN SUBCONTINENT FUND FIRST STATE 2,18,300 32.75 1.68 0.51
46 FIDELITY FUNDS-INDIA FOCUS FUND FIDELITY 2,02,450 30.37 1.56 0.47
47 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 1,95,980 29.40 1.51 0.45
48 AMUNDI FUNDS SBI FM INDIA EQUITY AMUNDI 1,95,970 29.40 1.51 0.45
49 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 1,95,970 29.40 1.51 0.45
50 UNIVERSITIES SUPERANNUATION SCHEME LTD.(USSL) AS TRUSTEE OF UNIVERSITIES SUPERANNUATION SCHEME UNIVERSITIES SUPERANNUATION SCHEME 1,95,970 29.40 1.51 0.45
51 PICTET-INDIAN EQUITIES PICTET 1,95,410 29.31 1.51 0.45
52 MIRAE ASSET FOCUSED FUND MIRAE ASSET MUTUAL FUND 1,26,660 19.00 0.98 0.29
53 MIRAE ASSET HEALTHCARE FUND MIRAE ASSET MUTUAL FUND 53,080 7.96 0.41 0.12
54 SCOTTISH ORIENTAL SMALLER COMPANIES TRUST PLC,THE SCOTTISH 1,73,650 26.05 1.34 0.40
55 FIDELITY FUNDS-ASIAN SPECIAL SITUATIONS FUND FIDELITY 1,72,710 25.91 1.33 0.40
56 CANARA ROBECO EQUITY HYBRID FUND CANARA ROBECO MUTUAL FUND 1,58,610 23.79 1.22 0.37
57 CANARA ROBECO CONSERVATIVE HYBRID FUND CANARA ROBECO MUTUAL FUND 12,870 1.93 0.10 0.03
58 EDELWEISS BALANCED ADVANTAGE FUND EDELWEISS MUTUAL FUND 93,180 13.98 0.72 0.22
59 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 62,000 9.30 0.48 0.14
60 EDELWEISS LARGE CAP FUND EDELWEISS MUTUAL FUND 13,000 1.95 0.10 0.03
61 EDELWEISS AGGRESSIVE HYBRID FUND EDELWEISS MUTUAL FUND 3,300 0.50 0.03 0.01
62 HSBC SMALL CAP FUND HSBC MUTUAL FUND 45,980 6.90 0.35 0.11
63 HSBC LARGE & MID CAP FUND HSBC MUTUAL FUND 43,000 6.45 0.33 0.10
64 HSBC AGGRESSIVE HYBRID FUND HSBC MUTUAL FUND 36,000 5.40 0.28 0.08
65 HSBC FLEXI CAP FUND HSBC MUTUAL FUND 33,500 5.03 0.26 0.08
66 HSBC TAX SAVER EQUITY FUND HSBC MUTUAL FUND 13,000 1.95 0.10 0.03
67 INVESCO INDIA MIDCAP FUND INVESCO MUTUAL FUND 73,340 11.00 0.57 0.17
68 INVESCO INDIA MULTICAP FUND INVESCO MUTUAL FUND 49,070 7.36 0.38 0.11
69 INVESCO INDIA ELSS TAX SAVER FUND INVESCO MUTUAL FUND 49,070 7.36 0.38 0.11
70 HSBC AGGRESSIVE HYBRID FUND HSBC MUTUAL FUND 1,71,480 25.72 1.32 0.40
71 SUNDARAM LARGE & MID CAP FUND SUNDARAM MUTUAL FUND 87,000 13.05 0.67 0.20
72 SUNDARAM LARGE CAP FUND SUNDARAM MUTUAL FUND 40,000 6.00 0.31 0.09
73 SUNDARAM SELECT MICRO CAP-SERIES XII SUNDARAM MUTUAL FUND 17,630 2.64 0.14 0.04
74 SUNDARAM SELECT MICRO CAP-SERIES XV SUNDARAM MUTUAL FUND 7,250 1.09 0.06 0.02
75 SUNDARAM SELECT MICRO CAP-SERIES XVI SUNDARAM MUTUAL FUND 4,730 0.71 0.04 0.01
76 SUNDARAM SELECT MICRO CAP-SERIES XVII SUNDARAM MUTUAL FUND 3,960 0.59 0.03 0.01
77 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES V SUNDARAM MUTUAL FUND 1,760 0.26 0.01
78 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES VI SUNDARAM MUTUAL FUND 1,630 0.24 0.01
79 UTI MIDCAP FUND UTI MUTUAL FUND 67,230 10.08 0.52 0.16
80 UTI HEALTHCARE FUND UTI MUTUAL FUND 25,220 3.78 0.19 0.06
81 UTI MNC FUND UTI MUTUAL FUND 25,220 3.78 0.19 0.06
82 UTI CHILDREN'S HYBRID FUND UTI MUTUAL FUND 24,380 3.66 0.19 0.06
83 UTI ELSS TAX SAVER FUND UTI MUTUAL FUND 23,540 3.53 0.18 0.05
84 UTI CHILDREN'S EQUITY FUND UTI MUTUAL FUND 5,890 0.88 0.05 0.01
85 MONETARY AUTHORITY OF SINGAPORE MONETARY AUTHORITY OF SINGAPORE 1,68,070 25.21 1.30 0.39
86 INVESTEC GLOBAL STRATEGY FUND-ASIAN EQUITY FUND INVESTEC 1,51,760 22.76 1.17 0.35
87 JUPITER INDIA FUND JUPITER 1,47,250 22.09 1.14 0.34
88 INVESTEC GLOBAL STRATEGY FUND-EMERGING MARKETS EQUITY FUND INVESTEC 1,34,760 20.21 1.04 0.31
89 ASHOKA INDIA OPPORTUNITIES FUND ASHOKA 1,22,480 18.37 0.95 0.28
90 BARODA BNP PARIBAS MULTI CAP FUND BARODA BNP PARIBAS MUTUAL FUND 70,000 10.50 0.54 0.16
91 BARODA BNP PARIBAS BALANCED ADVANTAGE FUND BARODA BNP PARIBAS MUTUAL FUND 52,480 7.87 0.41 0.12
92 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 55,820 8.37 0.43 0.13
93 BANDHAN BALANCED ADVANTAGE FUND BANDHAN MUTUAL FUND 33,330 5.00 0.26 0.08
94 BANDHAN AGGRESSIVE HYBRID FUND BANDHAN MUTUAL FUND 33,330 5.00 0.26 0.08
95 WORLDWIDE HEALTHCARE TRUST PLC WORLDWIDE HEALTHCARE 1,22,480 18.37 0.95 0.28
96 NEUBERGER BERMAN INVESTMENT FUNDS PLC-NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND NEUBERGER BERMAN 1,17,460 17.62 0.91 0.27
97 LIONGLOBAL ASIA-PACIFIC FUND LION 99,080 14.86 0.76 0.23
98 PGIM INDIA MIDCAP FUND PGIM INDIA MUTUAL FUND 37,980 5.70 0.29 0.09
99 PGIM INDIA LARGE CAP FUND PGIM INDIA MUTUAL FUND 30,000 4.50 0.23 0.07
100 PGIM INDIA ELSS TAX SAVER FUND PGIM INDIA MUTUAL FUND 20,000 3.00 0.15 0.05
101 PGIM INDIA AGGRESSIVE HYBRID EQUITY FUND PGIM INDIA MUTUAL FUND 8,500 1.28 0.07 0.02
102 PGIM INDIA EQUITY SAVINGS FUND PGIM INDIA MUTUAL FUND 1,500 0.23 0.01
103 COHESION MK BEST IDEAS SUB-TRUST COHESION MK 97,190 14.58 0.75 0.22
104 ELARA INDIA OPPORTUNITIES FUND LTD. ELARA 97,190 14.58 0.75 0.22
105 GHISALLO MASTER FUND LP GHISALLO 97,190 14.58 0.75 0.22
106 GOVERNMENT PENSION FUND GLOBAL GOVERNMENT PENSION FUND GLOBAL 97,190 14.58 0.75 0.22
107 LOCKHEED MARTIN CORPORATION MASTER RETIREMENT TRUST LOCKHEED MARTIN 97,190 14.58 0.75 0.22
108 MAX LIFE INSURANCE CO.LTD. MAX LIFE INSURANCE 97,190 14.58 0.75 0.22
109 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 97,190 14.58 0.75 0.22
110 SEGANTII INDIA (MAURITIUS) SEGANTII INDIA 97,190 14.58 0.75 0.22
111 STICHTING DEPOSITARY APG EMERGING MARKETS EQUITY POOL STICHTING 97,190 14.58 0.75 0.22
112 HSBC INDIAN EQUITY MOTHER FUND HSBC 77,310 11.60 0.60 0.18
113 FIDELITY FUNDS-ASIAN SMALLER COMPANIES POOL FIDELITY 75,830 11.37 0.59 0.18
114 MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND MORGAN STANLEY 73,820 11.07 0.57 0.17
115 GREATER INDIA PORTFOLIO GREATER INDIA 61,420 9.21 0.47 0.14
116 INVESTEC GLOBAL STRATEGY FUND-ASIA PACIFIC EQUITY OPPERTUNITIES FUND INVESTEC 56,440 8.47 0.44 0.13
117 FIDELITY FUNDS-ASIAN EQUITY POOL FIDELITY 52,300 7.85 0.40 0.12
118 AVENDUS INDIA ABSOLUTE RETURN FUND AVENDUS 48,990 7.35 0.38 0.11
119 BHARTI AXA LIFE INSURANCE CO.LTD. BHARTI AXA LIFE INSURANCE 48,990 7.35 0.38 0.11
120 BNP PARIBAS ARBITRAGE-ODI BNP PARIBAS 48,990 7.35 0.38 0.11
121 KLAY FUNDS LTD. KLAY 48,990 7.35 0.38 0.11
122 MOON CAPITAL TRADING PTE.LTD. MOON CAPITAL 48,990 7.35 0.38 0.11
123 ROCHDALE EMERGING MARKETS (MAURITIUS) ROCHDALE 48,990 7.35 0.38 0.11
124 TATA AIA LIFE INSURANCE CO.LTD. TATA AIA LIFE INSURANCE 48,990 7.35 0.38 0.11
125 NUVAMA PRIVATE INVESTMENTS TRUST-NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III NUVAMA 48,989 7.35 0.38 0.11
126 MALABAR SELECT FUND MALABAR 48,640 7.30 0.38 0.11
127 MALABAR INDIA FUND LTD. MALABAR 48,550 7.28 0.37 0.11
128 FIDELITY ASIAN VALUES PLC FIDELITY 35,650 5.35 0.28 0.08
129 SUNDARAM SELECT MICRO CAP-SERIES XIV SUNDARAM MUTUAL FUND 7,520 1.13 0.06 0.02
1,29,59,0891,943.8610030.00

IPO Subscription FAQs

The Gland Pharma IPO is subscribed 2.0556 times by Nov 11, 2020 18:00.

Gland Pharma IPO Subscription

Investor Category Subscription (times)
Qualified Institutional6.3952
Non Institutional0.5084
Retail Individual0.2388
Total Subscription2.0556

Retail category of Gland Pharma IPO subscribed 0.2388 times as of date Nov 11, 2020 18:00. The public issue closes on Wed, Nov 11, 2020 for bidding.

An investor can apply in Gland Pharma IPO online via bank (using ASBA) or the broker (using UPI). The Gland Pharma IPO shares are offered online only.

The Gland Pharma IPO is subscribed 2.0556 times by Nov 11, 2020 18:00.

The Gland Pharma IPO allotment status is expected on or around Tuesday, November 17, 2020. Visit Gland Pharma IPO allotment status to check.

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

Visit Gland Pharma IPO subscription status page for real-time bidding information about Gland Pharma IPO.

Gland Pharma IPO Timetable

IPO opens OnMonday, November 9, 2020
IPO Closes OnWednesday, November 11, 2020
Finalisation of Basis of AllotmentTuesday, November 17, 2020
Initiation of RefundsWednesday, November 18, 2020
Credit of Shares to Demat AccountThursday, November 19, 2020
IPO Listing DateFriday, November 20, 2020

Read more about Gland Pharma IPO

IPO Details
IPO Recommendations
IPO Live Subscription
IPO Live News
IPO Allotment Status
IPO Basis of Allotment Document
IPO FAQs

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