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Gland Pharma to float an IPO to raise Rs. 7,000 cr
2026-07-22 12:08:36
Business
785
To begin with, the Hyderabad-based pharmaceutical company Gland Pharma filed its draft red herring prospectus with SEBI. Notably, the IPO consists of a fresh issue of up to Rs. 1,250 crores. Also, its offer for sale comes up to 3,48,63,635 equity shares by promoters.
On the other hand, the offer for sale consists of 1,93,68,686 equity shares by Fosun Pharma Industrial Pte. Ltd. It also consists of 1,00,47,435 equity shares by Gland Celsus Bio Chemicals. As well as it consists of the 35,73,014 equity shares of Empower Discretionary Trust. And also consists of 18,74,500 equity shares by Nilay Discretionary Trust.
Company :-Stock Investor
User :- andrian chase
Email :-andrianchase1990@gmail.com
Phone :-55245968735
Mobile:- 55245968735
Url :- https://stockinvestor.in/gland-pharma-to-float-an-ipo-to-raise-rs-7000-cr/
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