Mankind Pharma IPO Date, Review, Price, Allotment, Analysis

Mankind Pharma IPO Details: Mankind Pharma IPO date is fixed, the IPO is to hit the market on April 25 and will close on April 27. Mankind Pharma IPO to raise around ₹4326 crores via IPO that comprises fresh issue of ₹[.] crores, and offer for sale up to 4326 crores of ₹1 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. This will be the biggest IPO since Gland Pharma (November 2022), floated IPO worth ₹6,480 crores.
Mankind Pharma IPO

Table of Contents

Mankind Pharma is one of the largest Indian multinational pharmaceutical companies. Incorporated in 1991, They are India’s fourth largest pharmaceutical company in terms of domestic sales and are engaged in developing, manufacturing, and marketing a diverse range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products.

Mankind Pharma manufacturers of condoms (Manforce), pregnancy test kits (Prega News), and emergency contraceptive brand Unwanted – 72. Their brands are Manforce Condoms, Prega News, and Gas O Fast Sachets. The company is headquartered in Delhi and serves worldwide with its branded products.

Anchor Investors: Mankind Pharma raises Rs 1,297 crore from anchor investors ahead of IPO. Goldman Sachs, Blackrock, CPPIB, domestic MFs among anchor investors.

Objects of the Issue

  • Utilisation of the Offer Proceeds.
  • Offer Related Expenses.

Mankind Pharma IPO Review (Apply or Not)

  • Apply with Long Term Views

Brokerage Firm IPO Review

  • Centrum Wealth Management: Apply
  • Geojit Securities: Apply
  • ICICI Direct: Apply

Mankind Pharma IPO Date & Price Band Details

IPO Open:April 25, 2023
IPO Close:April 27, 2023
IPO Size:Approx ₹4326 Crores
Offer for Sale:Approx ₹4326 Crores
Face Value:₹1 Per Equity Share
IPO Price Band:₹1026 to ₹1080 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Mankind Pharma IPO Market Lot

The Mankind Pharma IPO minimum market lot is 13 shares with ₹14,040 application amount. The retail investors can apply up-to 14 lots with 185 shares or ₹196,560 amount.

ApplicationLot SizeSharesAmount
Retail Minimum113₹14,040
Retail Maximum14182₹196,560
S-HNI Minimum15195₹210,600
B-HNI Minimum72936₹10,10,880

Mankind Pharma IPO Allotment & Listing Dates

The Mankind Pharma IPO date is April 25 and the close date is April 27. The Mankind Pharma IPO allotment will be finalized on May 3 and the IPO listing on May 9.

Price Band Announcement:April 19, 2023
Anchor Investors Allotment:April 24, 2023
IPO Open Date:April 25, 2023
IPO Close Date:April 27, 2023
Basis of Allotment:May 3, 2023
Refunds:May 4, 2023
Credit to Demat Account:May 8, 2023
Mankind Pharma IPO Listing Date:May 9, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Mankind Pharma IPO Form

How to apply for the Mankind Pharma IPO? You can apply for Mankind Pharma IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mankind Pharma IPO in the Invest section. The other option is you can apply for Mankind Pharma IPO via IPO forms downloaded via NSE and BSE. Check out the Mankind Pharma forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Mankind Pharma Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2020₹5976₹4549₹1056
2021₹6385₹4705₹1293
2022₹7978₹6017₹1453

Mankind Pharma IPO Valuation – FY2022

Check Mankind Pharma IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹35.78 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):23.2%
Net Asset Value (NAV):₹153.6 per Equity Share

Peer Group

  • Sun Pharmaceuticals Industries Limited
  • Cipla Limited
  • Zydus Lifesciences Limited
  • Torrent Pharmaceutical Limited
  • Alkem Laboratories
  • JB Chemicals & Pharmaceuticals Limited
  • Eris Lifesciences Limited
  • Ipca Laboratories Limited
  • Abbott India Limited
  • Glaxosmithkline Pharmaceuticals Limited
  • Dabur India Limited
  • Procter & Gamble Health Limited
  • Zydus Wellness Limited

Company Promoters

  • Ramesh Juneja
  • Rajeev Juneja
  • Sheetal Arora
  • Ramesh Juneja Family Trust
  • Rajeev Juneja Family Trust
  • Prem Sheetal Family Trust

Mankind Pharma IPO Registrar

KFin Technologies Limited
Tel:+91 40 6716 2222
E-mail: [email protected]
Website:www.kfintech.com

Mankind Pharma IPO Allotment Status Check

Check Mankind Pharma IPO allotment status on KFintech website allotment URL. Click Here

Mankind Pharma IPO Lead Managers aka Merchant Bankers

  • Kotak Mahindra Capital Company Limited
  • Axis Capital Limited
  • IIFL Securities Limited
  • Jefferies India Private Limited
  • J.P. Morgan India Private Limited

Company Address

Mankind Pharma Limited
208, Okhla Industrial Estate,
Phase-III, New Delhi 110 020,
Tel:+91 11 4747 6600
E-mail: [email protected]
Website:www.mankindpharma.com

Mankind Pharma IPO FAQs

What is Mankind Pharma IPO?

Mankind Pharma IPO is a main-board IPO. They are going to raise ₹4326 Crores via IPO. The issue is priced at ₹1026 to ₹1080 pr equity share. The IPO is to be listed on BSE & NSE.

When Mankind Pharma IPO will open?

The IPO is to open on April 25, 2023 for QIB, NII, and Retail Investors.

What is Mankind Pharma IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Mankind Pharma IPO?

You can apply for Mankind Pharma IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Mankind Pharma IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mankind Pharma”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Mankind Pharma IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mankind Pharma”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mankind Pharma IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Mankind Pharma”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Mankind Pharma IPO Size?

Mankind Pharma IPO size is ₹4326 crores.

What is Mankind Pharma IPO Price Band?

Mankind Pharma IPO Price Band is ₹1026 to ₹1080.

What is Mankind Pharma IPO Minimum and Maximum Lot Size?

The minimum bid is 13 Shares with ₹14,040 amount while the maximum bid is 182 shares with ₹196,560.

What is the Mankind Pharma IPO Allotment Date?

Mankind Pharma IPO allotment date is May 3, 2023.

What is the Mankind Pharma IPO Listing Date?

Mankind Pharma IPO listing date is May 9, 2023. The IPO is to list on BSE and NSE.

Note: The Mankind Pharma IPO price band and date are officially announced. The IPO grey market premium (Mankind Pharma IPO Premium) will be added to the IPO grey market page as it will start).

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