Value Lens: Gland Pharma may be cheaper than global firms but hovers above locals
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Value Lens: Gland Pharma may be cheaper than global firms but hovers above locals

By Ankit Agarwal

  • 16 Jul 2020
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Value Lens: Gland Pharma may be cheaper than global firms but hovers above locals
Credit: 123RF.com

The proposed initial public offering of Gland Pharma Ltd values the maker of injectable drugs at a premium to locally listed drugmakers but assigns a steep discount to overseas publicly listed companies, a VCCircle analysis shows. The Hyderabad-based company filed for the IPO earlier this month, barely three years after it ......

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