{"id":1590,"date":"2021-07-23T15:01:54","date_gmt":"2021-07-23T09:31:54","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=1590"},"modified":"2023-01-11T08:22:48","modified_gmt":"2023-01-11T02:52:48","slug":"glenmark-life-sciences-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/glenmark-life-sciences-ipo\/","title":{"rendered":"Glenmark Life Sciences IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1590\" class=\"elementor elementor-1590\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b984107 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b984107\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-860c9e5\" data-id=\"860c9e5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3d33f3 elementor-widget elementor-widget-text-editor\" data-id=\"a3d33f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals, is <\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">going<\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">\u00a0to launch its initial public offering <\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">on 27 July 2021<\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">. The<\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">\u00a0<\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">initial public offering <\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">(IPO) <\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">comprises a fresh issue of Rs 1,060 crore and an offer for sale of up to 63 lakh equity shares by promoter Glenmark Pharmaceuticals.<\/span><\/p><p style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"color: #000000; font-family: Calibri; font-size: 12pt; letter-spacing: 0pt;\">The manufacturer of Active Pharmaceutical Ingredients (APIs) has about 120 APIs in its portfolio, which are supplied to more than 540 pharma companies across the world.<\/span><\/p><p style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"color: #000000; font-family: Calibri; font-size: 12pt; letter-spacing: 0pt;\">At present, about 50% of it sales are coming from North America, Europe, Latin America and Japan. China is one of its main destinations in sourcing raw materials such as chemicals and intermediates. However, the company said it is actively developing other suppliers.<\/span><\/p><p style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"color: #000000; font-family: Calibri; font-size: 12pt; letter-spacing: 0pt;\">The company has an aggregate annual total installed capacity of 726.6 kl at the end of fiscal year 2021. It currently operates four multi-purpose manufacturing facilities at Ankleshwar (511 kl) and Dahej (141.9 kl) in Gujarat, and Mohol (49.1 kl) and Kurkumbh (24.6 kl) in Maharashtra.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cd54abd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cd54abd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c93e62\" data-id=\"7c93e62\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-854cf66 elementor-widget elementor-widget-heading\" data-id=\"854cf66\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p align=\"justify\" style=\"text-align:justify\"><span style=\"font-family:Calibri;letter-spacing:0.0000pt;font-size:12.0000pt\">The company plans to utilise the net Proceeds towards the following <\/span><span style=\"font-family:Calibri;letter-spacing:0.0000pt;font-size:12.0000pt\">purposes<\/span><span style=\"font-family:Calibri;letter-spacing:0.0000pt;font-size:12.0000pt\">:<\/span><span style=\"color: var( --e-global-color-primary );font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-size: 1.625rem;font-weight: var( --e-global-typography-primary-font-weight )\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cb20346 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cb20346\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4534da1\" data-id=\"4534da1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6dde0fc elementor-widget elementor-widget-text-editor\" data-id=\"6dde0fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Payment of outstanding purchase consideration to the Promoter for the spin-off of the API business from the Promoter into the Company pursuant to the Business Purchase Agreement dated October 9, 2018.<\/span><\/li><li><span style=\"color: #000000; font-family: Calibri; font-size: 12pt; letter-spacing: 0pt;\">Funding the capital expenditure requirements<\/span><\/li><li><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">General corporate purposes<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-35d7b63 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"35d7b63\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ded58f0\" data-id=\"ded58f0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cf1e304 elementor-widget elementor-widget-heading\" data-id=\"cf1e304\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p align=\"justify\" style=\"text-align:justify\"><b><span style=\"font-family:Calibri;font-size:12.0000pt\">Company's Profit And Loss Summary<\/span><\/b><span style=\"color: var( --e-global-color-primary );font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-size: 1.625rem;font-weight: var( --e-global-typography-primary-font-weight )\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b757b34 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b757b34\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-402af27\" data-id=\"402af27\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-25dd49a elementor-widget elementor-widget-text-editor\" data-id=\"25dd49a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">The pharmaceutical company&#8217;s revenue from operation increased 22.62% to Rs 1885.17 crore in FY21. In FY20, operating revenue rose 73.43% to Rs 1537.31 crore. Profit after tax rose 12.29% to Rs 351.58 crore in FY21. It rose 60.07% to Rs 313.09 crore in FY20. Its earnings per share rose 12.3% and 17.85% in FY21 and FY20, respectively.<\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">\u00a0<\/span><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">Below is the profit and loss statement of the company for the last three financial years.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-affc179 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"affc179\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f05c36f\" data-id=\"f05c36f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4fca582 elementor-widget elementor-widget-image\" data-id=\"4fca582\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"825\" height=\"631\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Picture1-1.png\" class=\"attachment-large size-large wp-image-1591\" alt=\"Glenmark\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Picture1-1.png 825w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Picture1-1-300x229.png 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Picture1-1-768x587.png 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Picture1-1-450x344.png 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Picture1-1-780x597.png 780w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e2d39a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e2d39a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9277131\" data-id=\"9277131\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-52f3db5 elementor-widget elementor-widget-heading\" data-id=\"52f3db5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p align=\"justify\" style=\"text-align:justify\"><b><span style=\"font-family:Calibri;letter-spacing:0.0000pt;font-size:12.0000pt\">Overview Of Global API Market<\/span><\/b><span style=\"color: var( --e-global-color-primary );font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-size: 1.625rem;font-weight: var( --e-global-typography-primary-font-weight )\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d4b61c2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d4b61c2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c4f7e48\" data-id=\"c4f7e48\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f6a077c elementor-widget elementor-widget-text-editor\" data-id=\"f6a077c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">The API market around the world is expected to grow at a compounded annual growth rate (CAGR) of 6.2% to $259.3 billion by 2026, from its current size of $181.3 billion. The bulk drug industry in India is also likely to grow at 9.6% between fiscal year 2021 and 2026, after the industry saw a CAGR growth of 9% from 2016 to 2020. This growth potential offers a lot of opportunities for the company in a changing environment of the pharmaceutical industry, with price and regulatory enforcement being two of the most significant drivers of change.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4903409 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4903409\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e015929\" data-id=\"e015929\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2dedab0 elementor-widget elementor-widget-text-editor\" data-id=\"2dedab0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 style=\"margin-top: 10pt; margin-bottom: 5pt; margin-left: 0pt; text-indent: 0pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt; mso-font-kerning: 0.0000pt;\">Company Promoters:<\/span><\/b><b><\/b><\/h2><p class=\"p\" style=\"margin: 0pt 0pt 5pt; text-indent: 0pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt; mso-font-kerning: 0.0000pt;\">Glenmark Pharmaceuticals Limited is the promoter of the company.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-73ec748 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73ec748\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6cf30bd\" data-id=\"6cf30bd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2c81146 elementor-widget elementor-widget-heading\" data-id=\"2c81146\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p align=\"justify\" style=\"text-align:justify\"><b><span style=\"font-family:Calibri;letter-spacing:0.0000pt;font-size:12.0000pt\">IPO Details<\/span><\/b><span style=\"color: var( --e-global-color-primary );font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-size: 1.625rem;font-weight: var( --e-global-typography-primary-font-weight )\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-48d4121 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48d4121\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-23986c8\" data-id=\"23986c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92283ff elementor-widget elementor-widget-text-editor\" data-id=\"92283ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table class=\"15\" style=\"width: 468pt; margin-left: 0.9pt; border-width: initial; border-style: none; border-bottom-color: initial; border-left-color: initial;\" border=\"1\" cellspacing=\"0\"><tbody><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-width: 1pt; border-left-style: solid; border-color: #ffffff; border-bottom-style: solid; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">IPO Opening Date <\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top-width: 1pt; border-top-color: #ffffff; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">July 27, 2021<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">IPO Closing Date <\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">July 29, 2021<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Issue Type<\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Book Built Issue IPO<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Face Value<\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Rs 2 per equity share<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">IPO Price<\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Rs 695 to Rs 720 per equity share<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Market Lot<\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">20 Shares<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Min Order Quantity <\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">20 Shares<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Listing Exchanges <\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">NSE,BSE<\/span><\/p><\/td><\/tr><tr><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Bold'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: bold; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Expected Date of Listing <\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 234pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"468\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">August 6, 2021<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b40cc00 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b40cc00\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-39483a3\" data-id=\"39483a3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eeacc0c elementor-widget elementor-widget-heading\" data-id=\"eeacc0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><p align=\"justify\" style=\"text-align:justify\"><b><span style=\"font-family:Calibri;letter-spacing:0.0000pt;font-size:12.0000pt\">IPO Lot Size<\/span><\/b><span style=\"color: var( --e-global-color-primary );font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-size: 1.625rem;font-weight: var( --e-global-typography-primary-font-weight )\"><\/span><\/p><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0d83efb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0d83efb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fc96983\" data-id=\"fc96983\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0047abe elementor-widget elementor-widget-text-editor\" data-id=\"0047abe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Glenmark Life Sciences&#8217; IPO market lot size is 20 shares. A retail investor can apply up to 13 lots (260 shares or \u20b9187,200).<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3679779 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3679779\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22b02e2\" data-id=\"22b02e2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a166716 elementor-widget elementor-widget-text-editor\" data-id=\"a166716\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table class=\"15\" style=\"width: 468pt; margin-left: 0.9pt; border-width: initial; border-style: none; border-bottom-color: initial; border-left-color: initial;\" border=\"1\" cellspacing=\"0\"><tbody><tr><td style=\"width: 117pt; padding: 0pt 4.5pt; border-width: 1pt 1pt 2.25pt; border-left-style: solid; border-color: #ffffff; border-bottom-style: solid; background: #4f81bd;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #ffffff; mso-ansi-font-weight: bold; font-size: 12.0000pt;\">Application<\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top-width: 1pt; border-top-color: #ffffff; border-bottom: 2.25pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #ffffff; mso-ansi-font-weight: bold; font-size: 12.0000pt;\">Lots<\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top-width: 1pt; border-top-color: #ffffff; border-bottom: 2.25pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #ffffff; mso-ansi-font-weight: bold; font-size: 12.0000pt;\">Shares<\/span><\/b><b><\/b><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top-width: 1pt; border-top-color: #ffffff; border-bottom: 2.25pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><b><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #ffffff; mso-ansi-font-weight: bold; font-size: 12.0000pt;\">Amount (Cut-off)<\/span><\/b><b><\/b><\/p><\/td><\/tr><tr><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Minimum<\/span><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">1<\/span><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">20<\/span><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">Rs 14,400<\/span><\/p><\/td><\/tr><tr><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left: 1pt solid #ffffff; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #4f81bd;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #ffffff; letter-spacing: 0.0000pt; mso-ansi-font-weight: normal; mso-ansi-font-style: normal; font-size: 12.0000pt;\">Maximum<\/span><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">13<\/span><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">260<\/span><\/p><\/td><td style=\"width: 117pt; padding: 0pt 4.5pt; border-left-width: initial; border-left-style: none; border-right-width: 1pt; border-right-color: #ffffff; border-top: none; border-bottom: 1pt solid #ffffff; background: #e9edf4;\" valign=\"top\" width=\"234\"><p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\" align=\"justify\"><span style=\"mso-spacerun: 'yes'; font-family: Calibri; mso-fareast-font-family: 'Roboto Regular'; color: #000000; font-size: 12.0000pt;\">Rs 187,200<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a24912d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a24912d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a29776\" data-id=\"3a29776\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-099e212 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"099e212\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ipo.ftconline.in:8084\/IPOWEB\/Index\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for Glenmark Life Sciences IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals, is going\u00a0to launch its initial public offering on 27 July&hellip;","protected":false},"author":4,"featured_media":1606,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[55],"class_list":{"0":"post-1590","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-upcoming-ipo","9":"cs-entry","10":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Glenmark Life Sciences IPO - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"The Glenmark Life Sciences IPO market lot size is 20 shares. 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