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Mankind Pharma Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹1,080
Per Share
GMP
NIL
Grey Market
Est. Listing
₹1,080
Expected Price
Min. Application
₹28,080
2 lots × 13 shares
IPO Issue Details
Issue Price / Price Band₹1,080 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size13 Shares per Lot
Total Issue Size4,00,58,844 shares (aggregating up to ₹4,326.36 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 25 Apr 2023
Subscription CloseThu, 27 Apr 2023
Anchor AllotmentMon, 24 Apr 2023
Basis of AllotmentWed, 03 May 2023
Initiation of RefundsThu, 04 May 2023
Credit of Shares to DematFri, 05 May 2023
Listing DateSun, 09 Apr 2023
UPI Mandate Deadline2023-04-27
Application & Investment Details
Retail — Min (1 Lots)₹14,040 — 13 shares
Retail — Max (13 Lots)₹182,520 (13 Lots)
HNI — Min (15 Lots)₹2,10,600 — 195 shares
EPS (Pre-IPO)₹33.20
P/E Ratio (Pre-IPO)32.5x
Pre-IPO Promoter Holding40,05,88,440 shares
Post-IPO Promoter Holding40,05,88,440 shares
About Mankind Pharma Ltd.

Incorporated in 1991, Mankind Pharma Limited develops, manufactures, and markets pharmaceutical formulations across various acute and chronic therapeutic areas and several consumer healthcare products.In India, the business is active in a number of acute and chronic therapeutic fields, including anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neuro/CNS, vitamins/minerals/nutrients, and respiratory.It has over 36 brands, including Manforce (Rx), Moxikind-CV, Amlokind-AT, Unwanted-Kit, Candiforce, Gudcef, Glimestar-M, Prega News, Dydroboon, Codistar, Nurokind-Gold, Nurokind Plus-RF, Nurokind-LC, Asthakind-DX, Cefakind, Monticope, Telmikind-H, Telmikind, Gudcef-CV, and Unwanted-72, among them.Mankind Pharma has one of the largest distribution networks of medical representatives in the Indian pharmaceutical market. Over 80% of doctors in India prescribed their formulations and has been ranked number 4th in terms of domestic sales during the Financial Year 2022.The company has earned numerous awards and recognitions and including The Best of Bharat Awards 2022 by exchange4media in the year 2022, and Silver Medal from National Awards for Manufacturing Competitiveness Assessment 2021 instituted by International Research Institute for Manufacturing.Mankind has a pan-India marketing presence, with a field force of 11,691 medical representatives and 3,561 field managers, as of December 31, 2022. They operate 25 manufacturing facilities across India and had 4,121 manufacturing personnel as of December 31, 2022.As of December 31, 2022, the Company had a team of over 600 scientists and a dedicated in-house R&D center with four units located in IMT Manesar, Gurugram, Haryana and Thane, Maharashtra.

Objects of the Issue

Mankind Pharma Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Carry out the Offer for Sale of 40,058,844Equity Shares by the Selling Shareholders aggregating to ₹43,263.55 million
2
2 Achieve the benefits of listing the Equity Shares on the Stock Exchanges. For further details
Shareholding & Lock-in
Pre-IPO Promoter Holding 40,05,88,440 shares
Post-IPO Promoter Holding 40,05,88,440 shares
Lock-in Period (30%)June 2, 2023
Lock-in Period (50%)August 1, 2023
Check AllotmentCheck Status →
Mankind Pharma Ltd. — Live Price LIVE
₹1,080.00
INR · BSE
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Issue ₹1,080.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹1,080
GMPNIL
Est. Listing₹1,080
Lot Size13 shares
Min Amount₹28,080
Listing Date09 Apr 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹1,080
Listing Date09 Apr 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 40,058,844 100.00% ₹4,326.36 Cr
* Based on ₹1,080.00 (upper price band)
Lot Size & Investment Details
Lot Size
13
Shares
Issue Price
₹1,080.00
Per Share
Min Investment
₹14,040
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 13 ₹14,040
Retail (Max) 13 169 ₹182,520
sNII (Min) 15 195 ₹210,600
bNII (Min) 72 936 ₹1,010,880
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31-Mar-2031-Mar-2131-Dec-21
Revenue from Operations 5975.65 6385.38 6218.29
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1056.15 1293.03 1260.24
Net Worth 3485.31 4722.00 5965.46
Total Assets 5073.29 6372.63 8043.88
Reserves & Surplus 3436.34 4674.39 5916.86
Total Borrowings 126.92 234.53 268.70
Key Ratios & Valuation
Issue Price ₹1,080
Face Value ₹1 Per Share
P/BV N/A
RoE 27.60%
RoCE 26.10%
RoNW 27.70%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Mankind Pharma Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
N/A
Address
208, Okhla Industrial Estate Phase-III, New Delhi 110020 New Delhi, New Delhi
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