Glenmark Life Sciences IPO To Open Tomorrow. Should You Subscribe?

Glenmark Life Sciences' initial public offering (IPO) will open tomorrow i.e. July 27, 2021. The IPO, which will remain open for three days until July 29, will consist of a fresh issue of Rs 1,060 crore and an offer for sale of up to 6.30 million shares by Glenmark Pharmaceuticals, which currently holds a 100 per cent stake in Glenmark Life Sciences. The shares of the a wholly-owned subsidiary of Glenmark Pharmaceuticals are likely t...