Glenmark Life Sciences Limited's initial public offering (IPO) has opened for subscription today and will be opened for bidding till July 29. As per market observers, Glenmark Life shares were available at a premium of ₹110 in the grey market. The grey market is an unofficial platform, wherein trading starts after the announcement of IPO price band till the listing of IPO shares. We have a positive outlook on Glenmark Life science IPO,'' Yash Gupta, Equity Research Associate, Angel Broking said. Glenmark Pharma holds 100% stake in Glenmark Life Sciences.

Source: Mint July 27, 2021 01:29 UTC