Glenmark Life Sciences IPO Subscription Status
Glenmark Life Sciences IPO was subscribed 45.08 times when bidding closed on 29 Jul 2021: QIB 37.3x, NII 125.62x, Retail 15x.
The Glenmark Life Sciences IPO has been subscribed 45.08x times overall. Retail investors have shown interest with bids for 15x the shares available. The Non-Institutional Investor (NII) category has been subscribed 125.62x. Qualified Institutional Buyers (QIBs) have subscribed 37.3x. Data last updated on 10 Nov, 07:18 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 27 Jul, 2021 and closes on 29 Jul, 2021. The shares are expected to list on stock exchanges on 06 Aug, 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 37.3x |
| NII | - of - - | 125.62x |
| Retail | - of - - | 15x |
| TOTAL | - - | 45.08x |
Glenmark Life Sciences IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 6.7% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 37.3x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
29 Jul 2021
Day 3 |
45.08x | ▼ | |
|
QIB37.3x
BHNI-
SHNI-
Retail15x
|
|||
|
28 Jul 2021
Day 2 |
5.9x | ▼ | |
|
QIB1.4x
BHNI-
SHNI-
Retail9.51x
|
|||
|
27 Jul 2021
Day 1 |
2.78x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail5.17x
|
|||
Glenmark Life Sciences IPO dates
From the bidding window to listing. Today is 10 November.
- Open 27 Jul 2021
- Close 29 Jul 2021
- Allotment 03 Aug 2021
- Refund/credit 04 Aug 2021
- Listing 06 Aug 2021
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Glenmark Life Sciences IPO?
As of IPO close date (29 Jul, 2021), the Glenmark Life Sciences IPO is subscribed 45.08x times. Retail category is 15x, and NII is 125.62x subscribed.
When is the allotment date for Glenmark Life Sciences IPO?
The allotment for Glenmark Life Sciences IPO is expected to be finalized on 03 August, 2021.
What is the GMP of Glenmark Life Sciences?
The Grey Market Premium (GMP) for Glenmark Life Sciences is currently ₹130, indicating a potential listing gain of 18%.
When will Glenmark Life Sciences IPO list on the stock market?
Glenmark Life Sciences is scheduled to list on BSE and NSE on 06 August, 2021.
What are the chances of getting allotment in Glenmark Life Sciences IPO?
The retail category is oversubscribed at 15x, meaning allotment is by lottery. Statistically, approximately 1 in 15 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 37.3x mean for Glenmark Life Sciences IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 37.3x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Glenmark Life Sciences IPO allotment status?
After the allotment date (03 Aug, 2021), you can check your Glenmark Life Sciences IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Glenmark Life Sciences IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
