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.
Mankind Pharma IPO Details
Mankind Pharma IPO is a Book Built Issue. The IPO total issue size is Rs 4,326.36 Cr. The Mankind Pharma IPO price is ₹1026 to ₹1080 per share. The IPO will list on BSE, NSE.
Mankind Pharma IPO Reservation
Mankind Pharma IPO a total of 40,058,844 shares are offered. QIB: 8,011,769 (20.00%), RII: 14,020,596 (35.00%), NII: 6,008,827 (15.00%).
Mankind Pharma IPO Anchor Investors Details
Mankind Pharma IPO raises Rs 1,297.91 crore from anchor investors. Mankind Pharma IPO Anchor bid date is Apr 24, 2023.
Mankind Pharma IPO Timetable (Tentative)
Mankind Pharma IPO opens on Apr 25, 2023, and closes on Apr 27, 2023.
Mankind Pharma IPO Lot Size
The minimum lot size of this Mankind Pharma IPO is 13 shares required is ₹14,040.
Mankind Pharma IPO Promoter Holding
Ramesh Juneja, Rajeev Juneja, Sheetal Arora, Ramesh Juneja Family Trust, Rajeev Juneja Family Trust, and Prem Sheetal Family Trust are the company promoters.
Company Financials
Key Performance Indicator
Mankind Pharma IPO Market Cap is Rs 43263.6 Cr and P/E (x) is 32.5.
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