Shares of Glenmark Life Sciences slumped as much as nearly 4 percent on July 11, a day after Glenmark Pharma's board greenlit the company's plans to offload a 7.84 percent stake in the former through an offer for sale.With this OFS, Glenmark Pharma will completely exit Glenmark Life Sciences. The floor price for the OFS is fixed at Rs 810 per share, representing a 7.5 percent discount to the previ...

Domestic equity benchmarks BSE Sensex and Nifty 50 were staring at a negative start on Wednesday, one day before weekly F&O expiry. Nifty futures were trading 87.50 points or 0.52 per cent up at 17,017.50 on Singaporean Exchange. S&P BSE Sensex tanked 703 points or 1.23% to close at 56,463 points while the NSE Nifty 50 index shed 215 points or 1.25% to settle at 16,958. Analysts say that inten...

Glenmark Life shares today edged higher on debut on the Indian stock markets, rising to Rs756.00 per share, a premium over issue price of Rs720 apiece on the BSE.The initial public offer (IPO) of Glenmark Life Sciences was subscribed 44.17 times on the closing day of subscription. Its price range was at Rs695-720 per share. Its IPO size consist of a fresh issue of Rs1,060 crore and offer for sale ...

Glenmark Life Sciences IPO: After getting subscribed for more than 44 times of its initial public offer, all eyes are now set on the share allotment date of Rs1,513.60 crore worth public issue. Glenmark Life Sciences IPO allotment date is 3rd August 2021 i.e. tomorrow and hence those who have applied for the IPO of the Active Pharmaceutical Ingredients (APIs) manufacturer company, are anxiously wa...

Glenmark Life, Rolex Rings IPOs: After overwhelming response to Glenmark Life Sciences IPO and Rolex Rings IPO by the markets, all eyes are now set on the share allotment dates of these two public issues. While Rolex Rings got subscribed more than 130 times of its offer Glenmark Life Sciences IPO got subscribed more than 44 times of its offer. So, bidders of both public offers are anxiously waitin...