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Below are Quote on Gland Pharma IPO By Mr. Yash Gupta- Equity Research Associate, Angel Broking Ltd

“Gland Pharma IPO the biggest pharma IPO in India has only received 4% of subscription on day 1 of the IPO i.e 9^th November 2020, Company IPO will be open for subscription from 9^th November to 11^th November 2020. IPO is receiving low interest from retail investors, company received 1943 crores from Anchor investor on Saturday. Company fixed a price band of 1490-1500 which is slightly higher as compared to midcap pharma companies. We have assigned a “NEUTRAL” recommendation to the issue.”

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