74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Mankind Pharma IPO (Mankind Pharma Limited IPO) Detail

Mankind Pharma IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 4326.36 Cr. The company is based in New Delhi and caters to Pharmaceutical sector. Axis Capital , Iifl Securities , Jefferies India , Kotak Mahindra Capital Company are the merchant bankers of Mankind Pharma IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th September 2022.

Mankind Pharma IPO open date is 25th April 2023 and close date is 27th April 2023. IPO Allotment Date is 3rd May 2023 and Listing date is 9th May 2023.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 4326.36 Cr. Avg IPO Size (Sector Based) : ₹ 1,342.04 cr.
  • Sector: Pharmaceutical IPO so far: 22
  • Merchant Banker: Axis Capital IPO by BRLM so far: 161
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 9037.09 cr.
            PAT: (annualised): ₹ 1346.92 cr. Read Financial Information >>
  • PE Ratio: 0.00x Average Sector PE Ratio: 25.12x

Mankind Pharma IPO Date

Date of DRHP:
15th September 2022
IPO Open Date:
25th April 2023
IPO Close Date:
27th April 2023
IPO Allotment Date:
3rd May 2023
Initiation of Refund:
4th May 2023
IPO Listing Date:
9th May 2023

Mankind Pharma IPO Info, Size, Subscription

Mankind Pharma IPO size is ₹ 4326.36 Cr. with IPO price of ₹ 1080.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 4326.36 Cr.

Issue Price:
₹ 1080.00

Market Capitalisation :
₹ 43263.60 Cr.

PE multiple :
0.00

Subscription :
15.32 times

Pre Issue Promoter Holding :
79.00 %

Post Issue Promoter Holding :
76.50 %

Mankind Pharma IPO Information

Sub Sector : pharmaceutical products with a major focus on domestic markets
Mankind Pharma Limited is India’s fourth-largest pharmaceutical company in terms of domestic sales and second-largest in terms of sales volume for the Financial Year 2022 (Source: IQVIA Dataset, IQVIA TSA MAT March 2022 Dataset for India). It is engaged in the development, manufacturing, and marketing of a wide range of pharmaceutical formulations across various acute and chronic therapeutic areas, alongside several consumer healthcare products. With a strong focus on the domestic market, the company’s revenue from operations in India contributed to 97.60% of its total revenue in FY 2022, one of the highest among its peers in the industry (Source: IQVIA Report). The company has primarily grown organically and is the youngest among the top five pharmaceutical companies in India, in terms of domestic sales
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Object of Issue (Mankind Pharma IPO Objectives)

  • The company will not receive any proceeds from the offer and all the offer proceeds will be received by the selling shareholders, in proportion to the offered shares sold by the respective selling shareholders as part of the offer

Axis Capital Limited is the book-running lead manager of the Mankind Pharma IPO. Kfin Technologies Limited is the Registrar for Mankind Pharma IPO.

Mankind Pharma IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Mankind Pharma IPO?

Mankind Pharma IPO, based in New Delhi, operates in the   Pharmaceutical sector with a focus on pharmaceutical products with a major focus on domestic markets. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Mankind Pharma IPO size is ₹ 4326.36 Cr. with fresh issue size of ₹ 4326.36 Cr. and Offer for sale being ₹ Nil

When is Mankind Pharma IPO allotment?

The IPO allotment date for Mankind Pharma IPO is expected to be 3rd May 2023, after the finalization of basis of allotment. Investors can check Mankind Pharma IPO allotment status on the registrars website, Kfin Technologies Limited . Mankind Pharma IPO refund dates are 4th May 2023.

When is Mankind Pharma IPO listing date?

Mankind Pharma IPO is expected to be listed on 9th May 2023.

What is the price band for Mankind Pharma IPO?

The upper price band for the Mankind Pharma IPO is set at ₹ 1080.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Mankind Pharma IPO Review?

For IPO analysis on Mankind Pharma IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Mankind Pharma IPO?

To apply for the Mankind Pharma IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th April 2023. After submission, funds are blocked until the basis of allotment of Mankind Pharma IPO is finalised.

Who is the merchant banker of Mankind Pharma IPO?

The merchant banker for Mankind Pharma IPO is Axis Capital Limited , Iifl Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited . Axis Capital Limited , Iifl Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mankind Pharma IPO RHP for further details.

Who is the Registrar of Mankind Pharma IPO?

The registrar for Mankind Pharma IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Mankind Pharma IPO through their official website or helpline.

What is the Mankind Pharma IPO subscription?

Mankind Pharma IPO was subscribed 15.32 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Mankind Pharma IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mankind Pharma Financial Review Page

Mankind Pharma IPO subscription was 15.32 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Mankind Pharma IPO listed at a listing price of 1424.05 against the offer price of 1080.00.

The current market price of Mankind Pharma is 2390.00.

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