???? ???? Our family of investors and other stakeholders are the driving force that gives us a sharp focus on good governance in all our areas of operations and services. He received training at Evans Medical in the UK and Pharmacia in Sweden, before starting Gland Chemicals in 1974 and Gland Pharma in 1978. The disputed domain names and contain the GLAND PHARMA mark in its entirety. ??? Established in Hyderabad, India in 1978, Gland Pharma has grown over the years from a contract manufacturer of small volume liquid parenteral products, to become one of the largest and fastest growing injectable-focused companies, with a global footprint across 60 countries, including the United States, Europe, Canada, Australia, India and other markets. Fosun Pharma and Fosun International indirectly hold approximately 74 per cent equity interest in Gland Pharma, the joint statement added. His associations include Life Membership of the Indian Pharmaceutical Association (IPA); Parenteral Drug Association (PDA), USA; and International Society for Pharmaceutical Engineering (ISPE). 154,949,488. The company which has been in operations since 1978, was taken over by a Singapore-based company Fosun, which itself has Chinese promoters, he said. ????? ???? Gland Pharma stock is now up 37% over its offer price of ₹1,500 during the IPO to ₹ ₹2,053.The company had impressed with its 18-25% revenue growth in key markets like US, India over FY18-20 About Gland Pharma Limited IPO. Gland Pharma’s promoter Fosun Pharma is a China-based entity. 1,250 crore and 80% an offer for sale (OFS) of up to 3.49 crore equity shares of Re.1 each, almost equally by Chinese promoter Fosun Pharma and company’s original Hyderabad-based founding family, in the price band of Rs. Company already has cash balance of more than 1000 crores. Gland Pharma has shown excellent growth in both topline and bottom line in the last 3 years. Apparently, no one has any clue why! Zee Business Managing Editor Anil Singhvi gives his sharp and incisive take on it! ???? ?, ?????????? 1,490-1,500 per share. ?? Keeping these things, Singhvi said he would like to take a neutral stance on this stock. Check out why Gland Pharma share price is falling today. With our proven performance in complex injectables across development, manufacturing and marketing, we are sufficiently enabled to meet diverse injectable needs across a vast range of specific requirements. NEW DELHI: In just two sessions since its listing, shares of Gland Pharma – whose IPO was seen as expensive at its issue price and which was hurt by concerns over its China and Satyam connections – have surged handsomely. 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PVN Raju is a Graduate in Chemistry from the Presidency College of Madras and a Post Graduate from the Indian Institute of Chemists. Company Information. The credit of shares to demat account will be done on Thursday and a stock listing is likely by Friday. The current sentiment around China and its companies could be a crucial factor he said. New Delhi: Just a few days ahead of listing, Gland Pharma shares are getting their mojo back even as the benchmark equity indices scale record high levels. ??? barriers, and unique busines model are positives, but the Chinese ownership is a dampener Established in Hyderabad, India in 1978, Gland Pharma has grown over the years from a contract manufacturer of small volume liquid parenteral products, to cover other elements Gland Pharma Initial Public Offering (IPO) opened today. Ownership Breakdown. Zee Business Managing Editor Anil Singhvi gives his sharp and incisive take on it! The company's injectable drugs are small volume parenterals involved in contract development and manufacturing services, including evaluation of development needs, offering its customers a variety of dry powder and liquid injectables. High risk investors should put money into this IPO. Long term investment should be done with the view of China factor. The operations are incomparable to Indian companies and if the overseas companies are compared, the valuations of Glen Pharma look considerably cheaper. Gland Pharma: The company, whose IPO ran from November 9 to November 11, will make market debut today. And by doing so, we are reiterating our firm resolve to deliver value and satisfaction. ?, ?????? This presence across the value chain has helped us witness exponential growth. The Market Guru said that there was no doubt about the credentials of the company and the company has a strong product pipeline. Gland Pharma General Information Description. 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