Glenmark Life Sciences IPO - Why It May Not Be the Best Buy
The IPO of API manufacturer Glenmark Life Sciences is scheduled to hit the markets on July 27th, marking this year’s 29th public offering.
The company was spun off as a wholly-owned API business subsidiary of Glenmark Pharmaceuticals in 2018.
Even though it has been doing some good business owing to rising market and policy winds favouring generics and patent liberation, this IPO may not have come at a particularly good time, in light of Glenmark Life’s financial obligation to its parent.
Read more on why this IPO may or may not be a good buy by clicking on the link below.
https://transfin.in/glenmark-life-sciences-ipo-why-it-may-not-be-the-best-buy












