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IPO

Mankind Pharma Ltd.

The company 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. It is 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.

RHP
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DRHP
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Open Date

2023-04-25

Close Date

2023-04-27

IPO Details

Check out the issue details for Mankind Pharma Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 1080

Price Band

₹ 1026 - 1080

Issue Size

4326.36 Cr.

Issue Type

Book Built

Open

2023-04-25

Close

2023-04-27

Listingprice

₹ 1300

ListingGain

20.37%

Listing Date

2023-05-09

CMP

₹ 1323.6

Current Return

22.56%

News

Mankind Pharma coming up with IPO to raise around Rs 4326 crore21 Apr, 12:57PM

Company Financials

You can get the following financial statements of Mankind Pharma Ltd. as of now.

Company Name

Mankind Pharma Ltd.

Exchange

NSE: MANKIND BSE: 543904

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Subscription Details

The details about the Mankind Pharma IPO is as:

  • The issue size of the IPO is 4326.36 Cr.
  • The price band for Mankind Pharma IPO is Rs 1026 to Rs 1080.
  • The shares of Mankind Pharma IPO will list on 9th May 2023.
  • The latest tentative GMP of Mankind Pharma IPO is Rs 97.
  • The shares of Mankind Pharma IPO is subscribed 15.32 Times as of 27th April 2023.

 

Mankind Pharma Ltd IPO Valuation

The approx valuation of Mankind Pharma Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 1080
Existing Shares (Qty) 40.05 Cr
EPS  Rs 35.78
PE Ratio 30.18x
Industry PE 40.16x

 

Mankind Pharma Ltd IPO Issue Size

Mankind Pharma Ltd IPO issue size is 4326.36 Cr.

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 4326.36 Cr

 

Mankind Pharma Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 13 shares and a maximum of 14 lots of 182 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 13 Rs 14,040
 Maximum 14 182 Rs 1,96,560

 

Mankind Pharma Ltd IPO Offer

The shares of Mankind Pharma IPO is subscribed 15.32 Times as of 27th April 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 49.16 Times
Non-Institutional Minimum 15% 3.80 Times
Retail Individual Minimum 35% 0.92 Times
Total   15.32 Times

 

Mankind Pharma IPO Grey Market Premium

As on GMP (Tentative)
28 April 2023 Rs 30
1 May 2023 Rs 80
2 May 2023 Rs 90
3 May 2023 Rs 80
4 May 2023 Rs 80
5 May 2023 Rs 97

Mankind Pharma IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Mankind Pharma Ltd IPO:

Schedule Date
Basis of Allotment 3 May 2023
Refunds 4 May 2023
Credit to Demat Account 5 May 2023
IPO Listing Date 9 May 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 3932.89 3829.06 4794.41 5523.18 7257.04
Total Expenditure 3142.71 3124.1 3550.47 4151.05 5457.03
Operating Profit 790.18 704.96 1243.94 1372.13 1800
Other Income 200.88 64.33 93.85 154.5 162.73
Interest 19.03 39.61 11.1 8.23 44.22
Depreciation 27.73 38.39 61.77 78.19 120.98
Exceptional Items 0 0 0 0 0
Profit Before Tax 944.3 691.3 1264.92 1440.21 1797.54
Provision for Tax 249.93 177.26 306.7 355.83 462.41
Net Profit 694.36 514.04 958.23 1084.37 1335.13
Adjusted EPS (Rs.) 1.73 1.28 2.39 2.71 3.33

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 40.06 40.06 40.06 40.06 40.06
Total Reserves 2956.89 3024.76 3611.39 4694.21 6028.72
Borrowings 0 0 0 0 0
Other N/C liabilities 45.36 60.6 42.84 54.11 116.06
Current liabilities 967.03 725.15 815.77 1078.91 2228.01
Total Liabilities 4009.34 3850.57 4510.06 5867.29 8412.85
Assets
Net Block 522.56 767.52 939.25 981.95 2881.14
Capital WIP 322.41 210.04 143.93 165.51 355.28
Intangible WIP 0 1.07 3.69 0.06 31.28
Investments 865.47 1394.24 1395.02 1500.86 1760.67
Loans & Advances 37.73 92.8 77.6 115.59 116.25
Other N/C Assets 2.38 2.61 1.96 13.34 11.45
Current Assets 2258.79 1382.29 1948.6 3089.98 3256.78
Total Assets 4009.34 3850.57 4510.06 5867.29 8412.85
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 76.5 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 932.77 691.3 1264.92 1440.21 1797.54
Adjustment -69.74 32.07 137.23 96.74 59.89
Changes in Assets & Liabilities -73.41 59.1 -168.42 -156.19 -631.03
Tax Paid -249.56 -245.94 -274.12 -397.38 -414.11
Operating Cash Flow 540.06 536.52 959.61 983.38 812.29
Investing Cash Flow -516.33 -305.58 -395.68 -1127.16 -1369.34
Financing Cash Flow 7.71 -239.81 -558.91 88.87 578.92
Net Cash Flow 31.44 -8.87 5.02 -54.91 21.87
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