Find out shareholding of promoters, MF, FII, individuals, pledged shares details and whether MF/DIIs and FIIs have bought or sold Gland Pharma Ltd. in the latest quarter ending . At the higher price band, Gland Pharma aims to raise Rs 6,479.54 crore via public issue. A gland is a group of cells in an animal's body that synthesizes substances (such as hormones) for release into the bloodstream (endocrine gland) or into cavities inside the body or its outer surface (exocrine gland). The IPO consists of a fresh issue of Rs 1,250 crore and an offer for sale of 3,48,63,635 equity shares by the promoter and other selling shareholders. Pre Issue Share Holding: 74%: Post Issue Share Holding: 58%: Related Articles. Promoters of Gland Pharma IPO. Out of the total shares, 1.9 crore shares are of Fosun Pharma Industrial Pte and one crore shares are of Gland Celsus Bio Chemicals. The quota for retail investors in Gland Pharma IPO is fixed at 35 per cent of the net offer. The company's promoters are Fosun Singapore and Shanghai Fosun Pharma. Most brokerage houses have a bullish view on Gland Pharma and have assigned a 'Subscribe' rating to the issue. Financial. Cr.) What is the quota reserved for retail investors in Gland Pharma IPO? Fosun Pharma’s acquisition of Gland Pharma in … The company''s promoters are Fosun Singapore and Shanghai Fosun Pharma. Sun Pharmaceutical Industries ist ein indischer Pharmahersteller mit Sitz in Mumbai.Sun Pharmaceutical zählt zu den 50 größten Pharmaunternehmen weltweit und ist das größte Unternehmen der Branche in Indien. “Company coming … Promoter Fosun Singapore is selling up to 15,494,949 shares and other shareholders and the company will sell up to 8,33,333 shares. The offer comprised issuance of fresh shares worth up to Rs 1,250 crore and an offer for sale (OFS) of up to 3,48,63,635 shares. Italiano 1 658 000+ voci. About Gland Pharma: The company was founded by PVN Raju in 1978. Español 1 646 000+ artículos. Business. Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 … In a virtual press conference, the company said it has fixed a price of Rs 1,490-1,500 per share for the initial public offer (IPO). Please click . English 6 207 000+ articles. In September 2017, Israeli subsidiary Sisram Medical (parent company of Alma Lasers) was spin-off as a separate listed company on the Stock Exchange of Hong Kong. PNB -2.30%. Updated: 09 Nov 2020, 10:22 PM IST Ashwin Ramarathinam. Anwendungsgebiete für Pharmaka von Sun Pharmaceutical sind die Kardiologie, die Neurologie, die Gastroenterologie und die Psychiatrie. Gland Pharma has fixed a price band of Rs 1,490-1,500 per share for the IPO. Best in class. Gland Pharma IPO: The issue will close on November 11 Gland Pharma’s ₹ 6,480-cr IPO off to a slow start 1 min read. The company is backed by China’s Fosun Pharma, making it one of the biggest offerings by Since all the conditions p Fosun Singapore and Shanghai Fosun Pharma-promoted Gland Pharma is set to launch its initial public offer (IPO) worth over Rs 6,400 crore on November 9. The company’s promoters are Fosun Singapore and Shanghai Fosun Pharma. 41459; Add/Edit Companies . Gland Pharma IPO Promoter Holding. Gland Pharma Ltd. Data for this company is currently being indexed. Gland; Human submaxillary gland. Top Losers PFC -2.39%. Price range for the IPO was fixed at Rs 1,490-1,500 per share. Gland Pharma Ltd.’s initial public offering witnessed a healthy response on the final day of bidding. Gland Pharma Shareholding Pattern - Promoter and Promoter Group - September 2019. Balance Sheet Standalone; Consolidated; View Detailed (in Rs. Pally, Dundigal Gandimaisamma Mandal Medchal- Malkajgiri District Hyderabad 500043, Telangana, India Phone: +91-40-30510999 Русский 1 682 000+ статей. Gland Pharma IPO lacked confidence from investors as the company only secured 4 per cent of subscription on the first day. Replying to a query on the several restrictions being imposed by the Centre on Chinese companies, Sadhu said they don't foresee any issues as Gland Pharma is in the healthcare sector. here . Gland Pharma Limited Survey No. Gland Pharma has set an issue price band of ₹1490 -₹1500 per share. Gland Pharma on Wednesday said its initial share-sale will open on public subscription on November 9 to raise about Rs 6,480 crore. Interest from retail investors and high … At the right is a group of mucous alveoli, at the left a group of serous alveoli. LUPIN 2.34%. 日本語 1 243 000+ 記事. The Hyderabad-based company, backed by China’s Fosun Pharma, develops, manufactures and markets complex injectables. As of 31 December 2017, Fosun Pharma owned Sisram Medical 52.83% shares. Gland Pharma now has a market cap of Rs 29,724.82 crore, which places it among the top ten pharma stocks. Discover: Search filings 32 meeting announcements today 4 major resignations today New Investor Presentations. Wikipedia is a free online encyclopedia, created and edited by volunteers around the world and hosted by the Wikimedia Foundation. Gland Pharma plans to raise ₹1,250 crore through the IPO. Markets Today Top Gainers EICHERMOT 2.73%. : 35–36. What is the issue size of Gland Pharma IPO? Gland Pharma IPO - Subscribe Says Research Analysts ; Gland Pharma IPO opens on 9th November 2020; Gland Pharma IPO Subscription Status (Bidding Detail) The Burger King IPO is subscribed 12x times on Nov 11, 2020 18:00. In October 2017, the acquisition of 74% stake of Gland Pharma was completed. The company has fixed the price band for its offer at Rs 1,490-1,500 per share. Not surprising that Gland’s R&D cost as percentage of sales is low at 3.5%. It is estimated that the IPO could be in the range of Rs 5,000-6000 crore. Fosun Pharma owns 74 per cent stake in the company. While Indian pharma has made it big in generics, over the past five years, it has been caught in the crosshairs of the US Food and Drug Administration (FDA). Fosun Singapore; Shanghai Fosun Pharma; Summing Up. The offer comprised issuance of fresh shares worth up to Rs 1,250 crore and an … Existing promoters plan to sell around 34 million shares, which could be worth around ₹4,750 crore. The company's promoters are Fosun Singapore and Shanghai Fosun Pharma. It includes the shares of both promoters and selling shareholders. Wikipedia The Free Encyclopedia. Price. The issue was subscribed 98% as of 1:00 pm on Nov. 11, led by institutional investors who bid for three times the shares on offer. Read here: Gland Pharma: Key things to know about India's largest pharma IPO. This will be updated shortly! In 2017, Fosun Pharma acquired 74 per cent stake in Gland Pharma. Chinese pharma giant Fosun Pharma (Shanghai Fosun Pharmaceutical Group) holds 74% stake in Gland through Fosun Singapore. The Benchmarking section has been moved to the next tab. 2200.00-24.40 (-1.10%) Benchmarking. Français 2 277 000+ articles. Fosun Pharma will sell a 12.5% stake. The company’s promoters are Fosun Singapore and Shanghai Fosun Pharma. These firms are not related to Gland Pharma or its promoters, promoter group, directors or key managerial personnel, the company said in its IPO prospectus. Gland Pharma’s public issue consisted of a fresh issue of Rs 1,250 crore and an offer for sale of over 3.48 crore equity shares. Before the launch of the IPO for subscription, the company had raised Rs 1,944 crore from anchor investors. The remaining shares are of Empower Discretionary Trust and Nilay Discretionary Trust. As per the Sebi filing on the IPO, Gland Pharma's promoter Fosun Singapore held 114.66 million shares, which aggregated to 74% of the pre-offer, paid-up equity capital of the company. Chinese drug firm Fosun Pharma has acquired approximately 74 per cent in Hyderabad-based Gland Pharma at a valuation of not more than USD 1.09 billion, the company has said. That apart, Gland has another edge in high quality control. 143-148, 150 & 151 Near Gandimaisamma 'X' Roads D.P. Gland Pharma's public offer aiming to raise ₹ 6,479.54 crores through the public issue is the largest pharma IPO in India. Gland Pharma Ltd, the first Indian company with a Chinese promoter to go public, made a robust debut on the stock markets on Friday, with its shares closing nearly 22% above issue price. MUMBAI: Promoters of Hyderabad-based speciality injectable drugs maker Gland Pharma have decided to put their controlling stake on the block, three people with direct knowledge of the matter said. As you can see from the financial records, Gland Pharma has posted strong growth in revenues over the last three years. 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