IPO Details
Gland Pharma Ltd.
Sy.No. 143-148, 150 & 151, Near Gandi Maisamma `X' Roads, D.P. Pally, Dundigal-Gandi Maisamma (M), Hyderabad, Telangana - 500043
Phone: 30510999 Fax: 30510800

Public Issue of 43196968 Equity Shares of Rs. 1.00 each for Cash at a Premium of Rs. 1499.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
09/11/202011/11/20201500.00 -
Lead Managers Registrar Listed at
CITIGROUP GLOBAL MARKETS INDIA PVT.LTD.
HAITONG SECURITIES INDIA PVT. LTD.
KOTAK MAHINDRA CAPITAL COMPANY LTD.
NOMURA FINANCIAL ADVISORY & SECURITIES (I) P LTD.
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,, Vikhroli (West),
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
BSE
NSE
Object of the issue

The Offer comprises of the Fresh Issue and Offer for Sale.

The Offer for Sale

The proceeds of the Offer for Sale shall be received by the Selling Shareholders.

The Fresh Issue

The Company proposes to utilise the Net Proceeds towards funding of the following objects:

1. Funding incremental working capital requirements of the Company
2. Funding capital expenditure requirements of the Company
3. General corporate purposes.

Promoted by

The Promoter of the Companies are :

1. Fosun Singapore
2. Shanghai Fosun Pharm


1. Fosun Singapore : Fosun Singapore was incorporated on July 13, 2016 under the laws of the Republic of Singapore as a private company limited by shares with the Accounting and Corporate Regulatory Authority, Republic of Singapore. The registered office of Fosun Singapore is located at 80 Robinson Road, #02-00, Singapore 068 898 and its unique entity number (UEN) is 201619223W. Fosun Singapore is engaged in the business of general wholesale trade, including general import and export, and investment in the pharmaceutical sector.

2. Shanghai Fosun Pharma : Shanghai Fosun Pharma was incorporated on May 31, 1995 under the laws of PRC as a joint stock public limited company and its term of operations commenced on March 31, 1998 with the approval of the Shanghai Industrial and Commercial Administration Bureau. The shares of Shanghai Fosun Pharma are listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. The registered office of Shanghai Fosun Pharma is located at 9/F, 510 Caoyang Road, Putuo District, Shanghai, PRC, and its unified social credit code is 913100001330605412.